At a Glance
- Tasks: Assist in delivering accurate financial and regulatory reporting with a focus on analysis and documentation.
- Company: Join a leading firm in the insurance sector with a commitment to excellence.
- Benefits: Competitive salary, professional development opportunities, and a supportive team environment.
- Other info: Collaborative team atmosphere with opportunities for career advancement.
- Why this job: Make an impact in financial reporting while gaining valuable industry knowledge and experience.
- Qualifications: Professional accounting qualification and strong knowledge of IFRS and regulatory returns.
The predicted salary is between 45000 - 55000 £ per year.
To assist in the delivery of accurate and timely financial and regulatory reporting in accordance with agreed standards and deadlines.
Specific Responsibilities
- Financial reporting:
- Documentation, reconciliation and analysis of LUK’s interfaces to the General Ledger for inward insurance business, profit commission and acquisition costs;
- Preparation of month UK management accounts and preparation of annual IFRS statutory accounts for at least one of the UK group of companies;
- Assist in the production of better and more standardised management information on a monthly basis;
- Liaise with internal and external auditors, and other group entities, in order to obtain or provide information to resolve and settle queries as required;
- Keep up to date with regulatory reporting requirements and relevant accounting standards while developing industry knowledge;
- Support group projects (e.g. implementation of new system changes or new reporting requirements).
- Regulatory reporting:
- Assist in the preparation of LUK’s annual quarterly Solvency II reporting (e.g. SFCR and associated QRTs);
- Preparation of LUK’s non UK regulatory returns (e.g. NAIC, TRIA).
Essential Skills Requirements
- A professional accounting qualification (CA, CPA or ACCA);
- Strong knowledge of how underwriting systems operate would be an advantage;
- Detailed knowledge and experience of IFRS for insurance and investment accounting;
- Experience in completing insurance regulatory returns would be an advantage;
- Advanced Microsoft Excel skill;
- Excellent written and oral communication skills;
- Ability to work as part of a small team.
Financial & Regulatory Accountant employer: Bruin Financial & Professional Services
As a Financial & Regulatory Accountant at our company, you will thrive in a dynamic work environment that prioritises accuracy and compliance while fostering professional growth. We offer competitive benefits, a collaborative culture, and opportunities for continuous learning, all set in a vibrant location that encourages innovation and teamwork. Join us to be part of a forward-thinking organisation that values your contributions and supports your career development.
Contact Details:
Bruin Financial & Professional Services Recruitment Team