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- Tasks: Join the IFRS 17 team to manage quarterly and annual reports for stakeholders.
- Company: Leading London Market (re)insurance business with a focus on innovation.
- Benefits: 12-month contract with competitive pay and valuable experience in a dynamic field.
- Why this job: Make an impact in insurance accounting while enhancing your technical skills.
- Qualifications: Strong background in IFRS reporting; ACA qualification preferred.
- Other info: Collaborative environment with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ per year.
A leading London Market (re)insurance business is looking for a technically minded accountant to join the IFRS17 team for a 12 month contract. This team manages the production of quarterly and annual IFRS17 reports for internal purposes and external stakeholders.
Responsibilities include:
- Maintaining data integrity through reconciliation processes.
- Participating in the quarterly reporting cycle.
- Supporting consolidation and group reporting requirements.
- Preparing and validating all relevant input data for ingestion into the IFRS 17 data platform and Moody's Risk Integrity.
- Reconciling input data to UK GAAP for key metrics (e.g. premiums earned/paid, claims incurred/paid etc.), investigating and resolving discrepancies.
- Performing IFRS 17 data reconciliations within the quarterly reporting cycle and resolving reconciling differences.
- Performing balance sheet output reconciliations following the run of Moody's Risk Integrity and the net asset walk (e.g. from IFRS 4 to IFRS 17).
- Ensuring data integrity across systems by identifying and resolving data issues.
- Processing input data through Moody's Risk Integrity and performing initial analysis of unconsolidated results.
- Consulting with actuarial and finance teams to review and challenge preliminary outputs.
- Supporting the IFRS 17 quarterly reporting cycle by ensuring timely and accurate data availability.
- Assisting with pre- and post-consolidation processes and Group reporting requirements.
To be considered for this role you must have an excellent background in IFRS reporting and have a deep understanding of its application to insurance accounting. You'll ideally be a qualified ACA (or equivalent), with experience gained in an insurance company or professional services firm.
IFRS 17 Technical Accountant in London employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IFRS 17 Technical Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and accounting sectors. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS 17 specifics. Be ready to discuss how you've tackled data integrity issues or reconciliations in past roles. Show them you know your stuff!
✨Tip Number 3
Don’t just apply through job boards; head over to our website and submit your application directly. It shows initiative and gives you a better chance of standing out!
✨Tip Number 4
Follow up after interviews with a thank-you email. Mention something specific from your conversation to remind them of your fit for the role. It’s a small gesture that can make a big impact!
We think you need these skills to ace IFRS 17 Technical Accountant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with IFRS reporting and insurance accounting. We want to see how your skills match the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our IFRS 17 team. Mention specific experiences that relate to the responsibilities listed in the job description.
Showcase Your Technical Skills: Since this role is all about technical accounting, make sure to highlight your proficiency with data reconciliation and any experience with tools like Moody's Risk Integrity. We love seeing candidates who can demonstrate their technical know-how!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at HFG
✨Know Your IFRS 17 Inside Out
Make sure you brush up on your IFRS 17 knowledge before the interview. Understand its application in insurance accounting and be ready to discuss how you've applied it in previous roles. This will show that you're not just familiar with the standards, but that you can also implement them effectively.
✨Prepare for Technical Questions
Expect technical questions related to data reconciliation and reporting processes. Be prepared to explain how you would handle discrepancies in data or what steps you would take during the quarterly reporting cycle. Practising these scenarios can help you articulate your thought process clearly.
✨Showcase Your Analytical Skills
Since the role involves validating input data and performing reconciliations, highlight your analytical skills. Bring examples of how you've identified and resolved data issues in the past. This will demonstrate your ability to maintain data integrity, which is crucial for this position.
✨Engage with the Team Dynamics
The job requires collaboration with actuarial and finance teams, so be ready to discuss how you work within a team. Share experiences where you've consulted with other departments to challenge outputs or improve processes. This shows that you value teamwork and communication, which are key in this role.
