At a Glance
- Tasks: Prepare legal entity statutory accounts and manage audit documentation for UK insurance entities.
- Company: Join a leading UK insurance business with a focus on IFRS 17 reporting.
- Benefits: Competitive pay for a 6-month contract with potential for future opportunities.
- Other info: Ideal for those with direct experience in insurance statutory accounts and external audit.
- Why this job: Make a significant impact in the insurance sector while enhancing your accounting skills.
- Qualifications: Must be a qualified accountant with strong IFRS 17 and UK insurance reporting experience.
The predicted salary is between 60000 - 75000 £ per year.
IGA is supporting a UK insurance business to appoint a Senior Statutory Accountant as an external contractor on an initial 6-month assignment. This is an extremely hands-on role focused on legal entity statutory accounts, IFRS 17, UK insurance reporting, external audit preparation, auditor liaison, and documentation prep for Board / oversight committee review.
Please note: this role requires directly relevant UK insurance accounting and audit experience. It is unlikely to suit candidates from general finance, FP&A, internal audit, non-insurance statutory reporting, or purely group consolidation backgrounds.
Mandatory experience:
- Qualified accountant, ideally ACA / ACCA
- External audit training, ideally Big 4 or Top 10
- Strong IFRS 17 insurance knowledge
- Practical understanding of UK insurance reporting / regulatory requirements
- Proven experience preparing or materially owning legal entity statutory accounts for insurance businesses
- Experience in external audit preparation, including working papers, reconciliations, disclosures and evidence
- Direct external auditor liaison, including audit queries, technical explanations and issue resolution
- Experience producing papers or reporting documentation for Board, Audit Committee, Risk Committee or equivalent forums
Key responsibilities:
- Preparation of legal entity statutory accounts for UK insurance entities
- Manage audit preparation and supporting documentation
- Act as a key point of contact for external auditor
- Apply IFRS 17 knowledge in a statutory reporting/audit context
- Produce notes, documentation and committee-level papers
- Work with finance, actuarial, technical accounting and senior leadership teams
- Support knowledge capture and process documentation during a busy reporting period
This assignment is best suited to candidates from:
- UK insurance financial/statutory reporting
- IFRS 17 insurance reporting or audit methodology
- Insurance technical accounting
- Legal entity reporting for a UK insurer or reinsurer
The strongest candidates will have taken individual insurance entities from trial balance / general ledger through to statutory accounts preparation, audit evidence, audit review and sign-off.
Please only apply if you have direct experience across insurance statutory accounts, IFRS 17, external audit delivery, UK insurance reporting and legal entity reporting.
Senior Insurance Statutory Accountant — IFRS 17 (6‑month) in London employer: IGA Talent Solutions
At IGA, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters professional growth and development. Our team is dedicated to supporting each other, ensuring that you have the resources and mentorship needed to excel in your role as a Senior Insurance Statutory Accountant. With a focus on UK insurance reporting and IFRS 17, you'll be part of a collaborative culture that values expertise and innovation, making this a rewarding opportunity for those looking to make a significant impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Statutory Accountant — IFRS 17 (6‑month) in London
✨Tap into Local Agencies
For temporary roles like the one at IGA Talent Solutions, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so IGA Talent Solutions knows you can adapt quickly to their needs!
We think you need these skills to ace Senior Insurance Statutory Accountant — IFRS 17 (6‑month) in London
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch IGA Talent Solutions's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at IGA Talent Solutions
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at IGA Talent Solutions. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
