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 pay, flexible working arrangements, and valuable industry experience.
- Other info: Ideal for those seeking hands-on experience in a dynamic insurance environment.
- Why this job: Make a real impact in the insurance sector while enhancing your accounting skills.
- Qualifications: Qualified accountant with strong IFRS 17 knowledge 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) 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 your career in the UK insurance sector, providing you with hands-on experience in statutory accounting and IFRS 17 reporting while collaborating with industry experts. With a strong focus on employee well-being and a culture of inclusivity, we ensure that our contractors feel valued and empowered throughout their assignments.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Insurance Statutory Accountant — IFRS 17 (6‑month)
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector and let them know you're on the hunt for a Senior Statutory Accountant role. You never know who might have the inside scoop on opportunities or can refer you directly.
✨Tip Number 2
Brush up on your IFRS 17 knowledge! Make sure you can confidently discuss how it applies to statutory accounts during interviews. We want to see that you’re not just familiar with the standards, but that you can apply them practically.
✨Tip Number 3
Prepare for those tricky audit questions! Since this role involves liaising with external auditors, practice explaining your past experiences with audit preparation and how you resolved any issues. Show us you can handle the pressure!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Senior Insurance Statutory Accountant — IFRS 17 (6‑month)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in UK insurance accounting and IFRS 17. We want to see how your background aligns with the specific requirements of the role, so don’t be shy about showcasing your 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 role. Mention your direct experience with statutory accounts and external audits, and how you can contribute to our team.
Showcase Your Technical Knowledge:We’re looking for candidates with strong IFRS 17 knowledge. Be sure to include any relevant projects or experiences that demonstrate your expertise in this area. It’s all about showing us you know your stuff!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved.
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 contexts. 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 external audit processes. Review your past experiences where you prepared legal entity statutory accounts or liaised with auditors. Being able to provide specific examples will demonstrate your hands-on experience and expertise.
✨Showcase Your Audit Preparation Skills
Since this role involves a lot of audit preparation, be ready to talk about your experience with working papers, reconciliations, and disclosures. Highlight any instances where you’ve directly interacted with external auditors and resolved queries, as this will be crucial for the role.
✨Communicate Clearly and Confidently
During the interview, make sure to communicate your thoughts clearly and confidently. Practice explaining complex accounting concepts in simple terms, as you may need to produce documentation for Board or committee reviews. Good communication skills are key in this role!
