The Technical Reporting Accountant is responsible for delivering accurate and timely technical accounting, financial and management reporting for an insurance business. The role oversees quarterly technical close processes, ensuring compliance with relevant accounting standards and reporting requirements, including IFRS 17, IFRS 4 and UK GAAP. The position also supports external audits, financial performance analysis, collaboration with actuarial and finance teams, and continuous improvement of financial reporting processes, procedures and systems. Key Responsibilities
- Technical accounting and reporting: Own and manage the technical close process, including the preparation and production of quarterly IFRS 17, IFRS 4 and UK GAAP technical results.
- Financial close and group reporting: Prepare quarterly reporting packs and ensure all reporting deliverables meet required deadlines and quality standards.
- Financial analysis: Analyse movements in IFRS 17 balances, explain key drivers of financial performance and provide meaningful management information.
- Compliance and controls: Ensure financial reporting complies with applicable accounting standards, statutory requirements and internal policies and procedures.
- Audit support: Assist with external audit queries, provide supporting documentation and contribute to the preparation of technical accounting memorandums.
- Stakeholder management: Work closely with internal finance teams, actuarial colleagues, external auditors and other stakeholders to coordinate reporting activities and resolve queries.
- Process improvement: Support and lead initiatives to improve financial reporting processes, procedures, systems and overall efficiency.
- Risk and governance: Adhere to regulatory, data protection, conduct risk and health and safety requirements, ensuring issues and potential breaches are appropriately reported.
- Additional support: Contribute to ad hoc finance and reporting activities as required. Must-Haves
- Qualified accountant with experience in the insurance industry.
- Experience managing or playing a significant role in the technical financial close of a general insurer.
- Strong knowledge of insurance technical accounting and financial reporting.
- Knowledge of IFRS 17 methodologies and reporting requirements.
- Direct experience in IFRS 17 implementation, business-as-usual reporting, or both.
- Strong analytical skills, including the ability to interpret financial movements and produce management information.
- Advanced Excel skills, including SUMIFS, PivotTables and VLOOKUP.
- Proven ability to identify and implement process improvements.
- Strong communication and stakeholder management skills, including experience working with external auditors.
- Excellent organisation, planning and time management skills, with the ability to coordinate multiple reporting deliverables and meet strict deadlines. Discipline(s): Finance & StrategyJob type: Permanent
Technical Reporting Accountant in London employer: Edenbrook
Edenbrook is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in the financial reporting sector. With a strong commitment to employee development, we offer numerous growth opportunities and support for continuous learning, all while working in a dynamic environment that values integrity and excellence. Located in a vibrant area, our team enjoys a balanced work-life experience alongside competitive benefits tailored to enhance both personal and professional well-being.
