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 statutory accounting.
- Benefits: Competitive daily rate, hybrid working model, and a dynamic work environment.
- Other info: Ideal for candidates from Big 4 or Top 10 insurance audit backgrounds.
- Why this job: Make a significant impact in the insurance sector while enhancing your accounting expertise.
- Qualifications: Qualified accountant with strong IFRS 17 knowledge and UK insurance reporting experience.
UK Insurance 6-month initial contract £600-£650 per day (Inside IR35) Hybrid (2 dpw office time).
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:
- Big 4 / Top 10 insurance audit
- 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 Statutory Accountant (contract) in London employer: IGA Talent Solutions
Join a leading UK insurance business as a Senior Statutory Accountant and experience a dynamic work culture that values expertise and collaboration. With a competitive daily rate and the flexibility of a hybrid working model, this role offers not only immediate engagement with critical statutory accounting tasks but also opportunities for professional growth within a supportive environment. The company prioritises employee development and fosters a culture of knowledge sharing, making it an excellent choice for those seeking meaningful and rewarding employment in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Statutory Accountant (contract) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector and let them know you're on the lookout for opportunities. Sometimes, a friendly nudge can lead to a hidden gem of a job that’s not even advertised.
✨Tip Number 2
Prepare for those interviews by brushing up on IFRS 17 and UK insurance reporting. We all know that confidence is key, so practice answering common questions related to statutory accounts and audit preparation. The more you know, the better you'll shine!
✨Tip Number 3
Don’t forget to showcase your experience with legal entity statutory accounts. When chatting with potential employers, highlight specific projects where you’ve taken entities from trial balance to audit sign-off. This will set you apart from the crowd!
✨Tip Number 4
Apply through our website! It’s super easy and ensures your application gets the attention it deserves. Plus, we’re always on the lookout for talented individuals like you who have the right experience in insurance accounting and audit.
We think you need these skills to ace Senior Statutory Accountant (contract) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in UK insurance accounting and audit. We want to see how your background aligns with the specific requirements of the Senior Statutory Accountant role, so don’t hold back on showcasing your IFRS 17 knowledge and legal entity reporting skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this contract. We love seeing candidates who can articulate their direct experience with statutory accounts and external audits, so make it personal and relevant to the role.
Showcase Your Achievements:When detailing your past roles, focus on specific achievements that demonstrate your expertise in preparing statutory accounts and liaising with auditors. We’re looking for concrete examples that highlight your contributions and successes in previous positions.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at IGA Talent Solutions
✨Know Your IFRS 17 Inside Out
Make sure you brush up on your IFRS 17 knowledge before the interview. Be ready to discuss how you've applied it in previous roles, especially in relation to statutory accounts and audit preparation. This will show that you’re not just familiar with the standards but can also implement them effectively.
✨Prepare for Technical Questions
Expect some technical questions about UK insurance reporting and legal entity statutory accounts. Review your past experiences and be prepared to explain your role in preparing these accounts, managing audits, and liaising with external auditors. Use specific examples to demonstrate your expertise.
✨Showcase Your Audit Experience
Since this role involves a lot of interaction with external auditors, highlight your experience in audit preparation and documentation. Be ready to discuss how you’ve handled audit queries and resolved issues in the past. This will help build confidence in your ability to manage auditor relationships.
✨Demonstrate Your Team Collaboration Skills
This position requires working closely with various teams, including finance and actuarial. Prepare to talk about how you’ve collaborated with different departments in previous roles, particularly during busy reporting periods. Emphasising your teamwork skills will show that you can thrive in a hybrid work environment.
