At a Glance
- Tasks: Lead technical reporting for a Lloyd's market insurer and streamline financial processes.
- Company: Established Lloyd's market insurer with a focus on innovation.
- Benefits: Initial 12-month contract with potential extension and competitive salary.
- Other info: Opportunity to work closely with actuaries and drive meaningful change.
- Why this job: Shape the future of finance while enhancing your technical skills in a dynamic environment.
- Qualifications: Qualified accountant with 3-5 years' experience in insurance and IFRS knowledge.
The predicted salary is between 63900 - 78100 £ per year.
Our client, a well established Lloyd's market insurer, is looking for a qualified accountant to join their finance team and take the lead on technical reporting for their Lloyd's business. Sitting at the centre of the quarterly close, you will own the end to end cycle, from loading data into the close model and running the accounting processes, to working through results with the Actuarial team and seeing submissions through to sign off.
Alongside core reporting, this role carries a genuine improvement remit. You will play a key part in shaping how the finance function operates, supporting and leading projects that streamline reporting processes and modernise the systems behind them. It suits someone who enjoys both delivering a robust close and finding ways to make it better.
Key Responsibilities:
- Run the quarterly technical close across IFRS 17, IFRS 4 and UK GAAP, acting as the go to owner for the process
- Produce the quarterly IFRS 17 and IFRS 4 technical result for the Lloyd's entity
- Prepare closing packs for Group Reporting, ensuring figures are accurate, timely and compliant with IFRS and local requirements
- Interrogate movements in IFRS 17 balances and clearly articulate what is driving financial performance
- Partner with the Actuarial function during the close, challenging outputs and resolving queries
- Drive and contribute to process, control and system enhancements across financial reporting
- Support the external audit cycle and help draft technical accounting papers
- Contribute flexibly to wider team priorities as the business requires
Requirements:
- Qualified accountant (ACA, ACCA, CIMA or equivalent)
- 3 to 5+ years' experience in insurance, ideally within the Lloyd's or London Market
- Practical, hands on IFRS 17 experience, supported by a working knowledge of IFRS 4 and UK GAAP
- A track record of delivering quarterly close and technical result reporting
- Comfortable engaging with actuaries and translating complex insurance numbers into clear commentary
- Exposure to external audit and technical accounting documentation
- Interest in improving processes and experience supporting finance change or system projects
- Well organised, detail focused and able to perform under tight reporting deadlines
Benefits:
Length: Initial 12 months, with an option to extend to 18 months
Senior Financial Reporting Accountant in London employer: G MASS Consulting
G MASS Consulting is an exceptional employer, offering a dynamic work culture that fosters innovation and independence, particularly in the regulated insurance sector. Employees benefit from hands-on experience with cutting-edge technologies like SharePoint and Power Platform, alongside opportunities for professional growth and contract extensions. Located in a vibrant area, the company prioritises employee well-being and collaboration, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Reporting Accountant in London
✨Tap into Campus Networks
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We think you need these skills to ace Senior Financial Reporting Accountant in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to G MASS Consulting.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on G MASS Consulting's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at G MASS Consulting
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with G MASS Consulting.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at G MASS Consulting will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former G MASS Consulting employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
