Insurance Regulatory & Financial Accountant (IFRS)

Insurance Regulatory & Financial Accountant (IFRS)

Full-Time 50000 - 60000 £ / year (est.) No working from home possible
Lancashire Insurance Group

At a Glance

  • Tasks: Assist with financial and regulatory reporting, preparing accounts, and liaising with auditors.
  • Company: Lancashire Insurance Group, a leader in the insurance sector.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Other info: Great opportunity for career growth in a reputable company.
  • Why this job: Join a dynamic team and ensure compliance while enhancing your accounting skills.
  • Qualifications: Professional accounting qualification and strong IFRS knowledge required.

The predicted salary is between 50000 - 60000 £ per year.

Lancashire Insurance Group is seeking a detail-oriented candidate in London to assist with financial and regulatory reporting.

Responsibilities include:

  • Preparing management and statutory accounts
  • Liaising with auditors
  • Ensuring compliance with accounting standards

Requirements include:

  • A professional accounting qualification (CA, CPA, or ACCA)
  • Strong IFRS knowledge
  • Advanced Excel skills
  • Excellent communication

This role is integral to maintaining accurate financial reporting and supporting group functions.

Insurance Regulatory & Financial Accountant (IFRS) employer: Lancashire Insurance Group

Lancashire Insurance Group is an excellent employer that values precision and integrity in financial reporting. Located in the vibrant city of London, we offer a collaborative work culture that fosters professional growth through continuous learning and development opportunities. Our commitment to employee well-being is reflected in our competitive benefits package and supportive environment, making us an ideal choice for those seeking a meaningful career in the insurance sector.

Lancashire Insurance Group

Contact Details:

Lancashire Insurance Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Insurance Regulatory & Financial Accountant (IFRS)

Tip Number 1

Network like a pro! Reach out to professionals in the insurance and accounting sectors on LinkedIn. A friendly message can go a long way in getting your foot in the door.

Tip Number 2

Prepare for interviews by brushing up on IFRS standards and recent regulatory changes. We want you to be the go-to expert in the room, so show off that knowledge!

Tip Number 3

Practice your Excel skills before the interview. Being able to demonstrate advanced functions or data analysis techniques can really impress your potential employers.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you’re serious about joining the Lancashire Insurance Group.

We think you need these skills to ace Insurance Regulatory & Financial Accountant (IFRS)

Financial Reporting
Regulatory Reporting
Management Accounts Preparation
Statutory Accounts Preparation
Auditor Liaison
Accounting Standards Compliance
Professional Accounting Qualification (CA, CPA, or ACCA)

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your professional accounting qualifications and IFRS knowledge. We want to see how your skills match the role, so don’t be shy about showcasing your advanced Excel skills and any relevant experience.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Insurance Regulatory & Financial Accountant role. Mention your experience with financial and regulatory reporting and how you can contribute to maintaining accurate financial reporting.

Show Off Your Communication Skills:Since this role involves liaising with auditors and supporting group functions, we need to see your excellent communication skills in action. Whether it’s in your CV or cover letter, give examples of how you’ve effectively communicated complex information in the past.

Apply Through Our Website:We encourage you to apply 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 from us!

How to prepare for a job interview at Lancashire Insurance Group

Know Your IFRS Inside Out

Make sure you brush up on your IFRS knowledge before the interview. Be prepared to discuss specific standards and how they apply to financial reporting. This will show that you’re not just qualified, but also genuinely interested in the role.

Excel Skills Are Key

Since advanced Excel skills are a must for this position, practice using functions, pivot tables, and data analysis tools. You might be asked to demonstrate your proficiency, so being ready with examples of how you've used Excel in past roles can really set you apart.

Communicate Clearly and Confidently

Excellent communication is crucial in this role, especially when liaising with auditors. Practice articulating your thoughts clearly and concisely. Consider preparing a few examples of how you've effectively communicated complex financial information in the past.

Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving skills and ability to ensure compliance with accounting standards. Think of situations where you’ve had to navigate regulatory challenges and be ready to explain your thought process and outcomes.