MI Reporting Accountant (Finance) in London

MI Reporting Accountant (Finance) in London

London Full-Time 49500 - 60500 £ / year (est.) No working from home possible
P

At a Glance

  • Tasks: Transform financial data into insights and support monthly MI reporting.
  • Company: Join a forward-thinking finance team at Pension Insurance Corporation.
  • Benefits: Competitive salary, private medical insurance, 28 days leave, and study support.
  • Other info: Diverse workplace committed to innovation and career development.
  • Why this job: Make an impact by turning complex data into clear business insights.
  • Qualifications: Experience in finance, knowledge of IFRS, and strong analytical skills.

The predicted salary is between 49500 - 60500 £ per year.

  • Description
  • We're looking for a

Financial Reporting Accountant who can turn financial data into meaningful insights, supporting the production of monthly MI reporting and working closely with Actuarial and Accounting teams to provide clear, impactful commentary to senior stakeholders.

  • The role requires the ability to effectively collaborate across Finance and the wider business to deliver, as part of a team, all statutory reporting for PIC Group, including year-end accounts and half year reports.
  • The role holder will also support the delivery of improvements to the year-end process as well as the monthly MI production.
  • The role requires the ability to solve problems and mitigate risks as they arise to ensure both a high quality and a timely delivery are achieved.
  • Our Company values are expected to be reflected in the delivery and performance of every role.

Specific accountabilities assigned to the role of the Financial Reporting Accountant within the Financial Reporting team:

  • Leading the production and commentary of monthly management information (MI) pack, including checking the accuracy of numbers, data validation and consistency.
  • Provide insight driven analysis into financial performance, with clear linkages to underlying drivers.

Translate complex accounting and actuarial data into clear business insights and providing concise commentary on financial performance.

  • Leading the process to plan for year-end verification of numbers in the front half of the Annual Report.
  • Responsible for reviewing the content and quality of the external and internal reporting and recommending improvements.
  • Responsible for planning and preparing the year-end timetable, creating a roadmap with clear deliverables, identifying sources and deadlines, and scheduling review slots.

Accountable for agreeing timelines and rolling forward documents to support year-end readiness.

  • Responsible for a number of one-off or non-regular deliverables including change projects, ad-hoc requests and queries.
  • Responsible for improving the current processes, improving existing controls and enhancing the quality of the final outputs for key external and internal deliverables.
  • Supporting other members of the team as required in the production of statutory and regulatory reporting deliverables.
  • Building and maintaining a strong relationship with other teams within the firm both inside and outside Finance to ensure planning is done effectively and all viewpoints are properly incorporated.

Requirements

  • Knowledge
  • Knowledge of the Insurance industry and the relevant reporting metrics such as IFRS and

Solvency II.

  • Experience gained from other reporting roles.
  • Knowledge of International Financial Reporting Standards (IFRS)
  • Sound technical understanding of life and pensions accounting
  • Extensive knowledge of each element of the Microsoft Office package

Skills

  • Ability to analyse complex problems and propose solutions
  • Ability to work under pressure towards tight deadlines
  • Ability to prioritise and distinguish what really matters amongst a large quantity of information and make judgement calls
  • Strong communication and influencing skills
  • Ability to drive change and contribute to ongoing projects and initiatives

Experience

  • Life Insurance industry experience
  • Experience of Oracle Fusion and Oracle FCCS
  • Experience of using the Smart View excel add-in
  • Experience of Workiva
  • Experience in preparing front half of annual reports.
  • Knowledge of the regulatory reporting and the Solvency II regime.
  • DE&I at PIC

At PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences.

We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio-economic background, feels valued, heard and empowered to succeed.

We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community.

While we’re proud of our progress, we recognise there’s work ahead, and we remain dedicated to listening, learning and evolving together.

Benefits

In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), study support with qualifications, a generous pension scheme and much more.

MI Reporting Accountant (Finance) in London employer: PIC

Pension Insurance Corporation (PIC) is an exceptional employer located in the heart of London, offering a dynamic work culture that prioritises collaboration and innovation. Employees benefit from comprehensive professional development opportunities, a commitment to governance excellence, and a supportive environment that values high-quality outputs for policyholders and shareholders. Joining PIC means being part of a forward-thinking team dedicated to making a meaningful impact in the pension insurance sector.

P

Contact Details:

PIC Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land MI Reporting Accountant (Finance) in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like PIC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace MI Reporting Accountant (Finance) in London

Financial Reporting
Data Analysis
Communication Skills
Problem-Solving Skills
Project Management
Knowledge of IFRS
Knowledge of Solvency II

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to PIC.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on PIC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at PIC

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with PIC.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at PIC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former PIC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.