At a Glance
- Tasks: Prepare UK management accounts and assist in Solvency II reporting.
- Company: Join a leading insurance group focused on regulatory compliance and financial accuracy.
- Benefits: Work with a small team and gain exposure to diverse financial projects.
- Other info: Experience with IFRS for insurance is essential.
- Why this job: Opportunity to enhance your accounting skills in a dynamic insurance environment.
- Qualifications: Professional accounting qualification (CA, CPA or ACCA) required.
The predicted salary is between 50000 - 60000 £ per year.
To assist in the delivery of accurate and timely financial and regulatory reporting in accordance with agreed standards and deadlines.
Financial reporting
- Documentation, reconciliation and analysis of LUK's interfaces to the General Ledger for inward insurance business, profit commission and acquisition costs;
- Preparation of month UK management accounts and preparation of annual IFRS statutory accounts for at least one of the UK group of companies;
- Assist in the production of better and more standardised management information on a monthly basis;
- Liaise with internal and external auditors, and other group entities, in order to obtain or provide information to resolve and settle queries as required;
- Keep up to date with regulatory reporting requirements and relevant accounting standards while developing industry knowledge;
- Support group projects (e.g. implementation of new system changes or new reporting requirements).
Regulatory reporting
- Assist in the preparation of LUK's annual and quarterly Solvency II reporting (e.g. SFCR and associated QRTs);
- Preparation of LUK's non UK regulatory returns (e.g. NAIC, TRIA).
Essential Skills & Requirements
- A professional accounting qualification (CA, CPA or ACCA);
- Strong knowledge of how underwriting systems operate would be an advantage;
- Detailed knowledge and experience of IFRS for insurance and investment accounting;
- Experience in completing insurance regulatory returns would be an advantage;
- Advanced Microsoft Excel skill;
- Excellent written and oral communication skills;
- Ability to work as part of a small team.
Financial & Regulatory Accountant in London employer: NACBA
This role is based in the UK within a prominent insurance group. Employees benefit from working closely with auditors and gaining insights into regulatory standards. The team values collaboration and continuous learning in financial reporting.
We think you need these skills to ace Financial & Regulatory Accountant in London
Financial Reporting
Regulatory Reporting
IFRS Knowledge
Accounting Qualification (CA, CPA or ACCA)
Insurance Regulatory Returns
Advanced Microsoft Excel Skills
Communication Skills
