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- Tasks: Prepare statutory returns and deliver key IFRS 17 deliverables for our Canadian Branch.
- Company: Join a leading global insurance provider with a commitment to integrity and collaboration.
- Benefits: Competitive salary, family-friendly policies, and flexible working options.
- Why this job: Make an impact in the insurance industry while developing your career in a supportive environment.
- Qualifications: ACCA/ACA/CMA qualified with 3+ years in insurance and strong knowledge of UK GAAP and IFRS.
- Other info: Dynamic role with opportunities for growth and collaboration across global teams.
The predicted salary is between 55000 - 65000 ÂŁ per year.
As a leading provider of insurance and reinsurance with worldwide operations, we recognise that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry.
We are recruiting for a Senior Branch (Project) Accountant to join us on a 12 month Fixed-Term Contract! This role is responsible for the preparation of statutory and regulatory returns for Sompo’s Canadian Branch entity and delivery of Sompo’s key IFRS 17 deliverables during 2025. Our Sompo Values are expected to be reflected in the delivery and performance of every role.
Key Accountabilities- Assist in the preparation of statutory and regulatory returns relating to the Canada Branch (re: P&C return, including the supplementary Notes to the Accounts), and performing the first review of the numbers before being sent to other reviewers.
- Perform “deep dive” analysis into key areas in the Financial Statements, and to understand the key inputs driving the solvency calculations.
- Further refine the UK GAAP / IFRS 4 to IFRS 17 bridge to be presented to key stakeholders, and to provide further challenge of the results from external data providers.
- Improve controls around data preparation and understand the reconciling items vs the main AIUK insurance company ledger.
- Respond to data requests from various internal and external stakeholders.
- Deal with queries from internal and external key stakeholders (re: management, auditors, etc.).
- Determine own work priorities and activities in line with agreed plans to ensure the achievement of the function’s objectives.
- ACCA/ACA/CMA qualified accountant with +3 years post qualified experience in the insurance industry.
- Strong understanding of UK GAAP and IFRS. US GAAP would be desirable.
- Coda, Coda XL, WDesk would be desirable.
- Detailed understanding of insurance technical accounting and reporting.
- Advanced MS Excel, intermediate MS Word, PowerPoint.
- Experience managing other team members or groups of individuals with relevant subject matter expertise.
- Experience resolving complex finance or accounting queries; and significant experience of working with relevant specialist toolsets or applications.
- Previously dealt with external auditors and key stakeholders (re: C-suite level queries, regulators, etc.).
Sr. Accountant employer: Sompo
Contact Detail:
Sompo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sr. Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. At Sompo International, they value integrity and collaboration, so think of examples from your experience that showcase these traits. We want to see how you fit into their team!
✨Tip Number 3
Practice your answers to common interview questions, especially those related to financial reporting and regulatory returns. Being well-prepared will help you feel more confident and ready to impress during your interview.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the Sompo team. Let's get you that Senior Branch Accountant role!
We think you need these skills to ace Sr. Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Accountant role. Highlight your experience with UK GAAP and IFRS, and don’t forget to mention any relevant tools like Coda or WDesk. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Sompo International. Share specific examples of your achievements in the insurance industry and how they align with our values of integrity and collaboration.
Showcase Your Analytical Skills: Since this role involves deep dive analysis and financial statement reviews, make sure to highlight your analytical skills in your application. We love candidates who can demonstrate their ability to tackle complex finance queries and provide insights!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Sompo
✨Know Your Numbers
As a Senior Accountant, you'll need to demonstrate your expertise in financial statements and regulatory returns. Brush up on key figures and be ready to discuss how you would approach the preparation of statutory returns for the Canadian Branch.
✨Showcase Your Technical Skills
Make sure to highlight your knowledge of UK GAAP and IFRS during the interview. Be prepared to explain how you've applied these standards in your previous roles, especially in relation to IFRS 17 deliverables.
✨Prepare for Stakeholder Engagement
Since this role involves dealing with various internal and external stakeholders, think of examples where you've successfully managed queries from auditors or C-suite executives. This will show your ability to communicate effectively and handle complex finance issues.
✨Demonstrate Your Problem-Solving Skills
Be ready to discuss specific instances where you've resolved complex accounting queries or improved controls around data preparation. This will illustrate your analytical skills and your proactive approach to challenges in the finance sector.