Financial & Regulatory Accountant in London
Financial & Regulatory Accountant

Financial & Regulatory Accountant in London

London Full-Time 55000 - 65000 £ / year (est.) No home office possible
The Lancashire Group

At a Glance

  • Tasks: Assist in financial and regulatory reporting, ensuring accuracy and compliance.
  • Company: Join a dynamic finance team at Lancashire, known for its collaborative culture.
  • Benefits: Enjoy a competitive salary, professional development, and a supportive work environment.
  • Other info: Be part of a positive culture that values honesty, collaboration, and hard work.
  • Why this job: Make a real impact in finance while growing your skills in a reputable company.
  • Qualifications: Professional accounting qualification and strong knowledge of IFRS required.

The predicted salary is between 55000 - 65000 £ per year.

Department: Finance

Employment Type: Permanent - Full Time

Location: London

Description Purpose

To assist in the delivery of accurate and timely financial and regulatory reporting in accordance with agreed standards and deadlines.

Specific Responsibilities

  • 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 & 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 & 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.

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.

  • Straight-talking: We feel empowered to share thoughts and ideas, because everyone’s voice matters.
  • Collaborative: We work together towards common goals, share knowledge and support each other.
  • Hard-working: We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
  • Responsible: We focus on achieving tangible results with consistent standards across the Group.
  • Positive: We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.

Financial & Regulatory Accountant in London employer: The Lancashire Group

At Lancashire, we pride ourselves on fostering a collaborative and supportive work culture that empowers our employees to thrive. Located in the vibrant city of London, we offer competitive benefits, opportunities for professional growth, and a commitment to integrity and excellence in all our endeavours. Join us as a Financial & Regulatory Accountant and be part of a team that values your contributions and encourages your development in the dynamic insurance sector.
The Lancashire Group

Contact Detail:

The Lancashire Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial & Regulatory Accountant in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and accounting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching the company culture and values. At Lancashire, they value honesty, collaboration, and hard work. Tailor your responses to show how you embody these traits and can contribute to their team.

✨Tip Number 3

Practice your technical skills! Brush up on your IFRS knowledge and Excel skills, as these are crucial for the Financial & Regulatory Accountant role. Consider doing mock interviews with friends or using online resources to get comfortable.

✨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 being part of the Lancashire team. Good luck!

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)
Advanced Microsoft Excel Skills
Communication Skills
Teamwork
Analytical Skills
Knowledge of Underwriting Systems
Experience with Insurance Regulatory Returns
Documentation and Reconciliation
Management Information Preparation
Problem-Solving Skills
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Financial & Regulatory Accountant role. Highlight your accounting qualifications and any relevant experience with IFRS and regulatory reporting to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our values at Lancashire. Be genuine and let your personality come through.

Showcase Your Skills: Don’t forget to mention your advanced Microsoft Excel skills and any experience with underwriting systems. We love seeing candidates who can demonstrate their technical abilities and how they can contribute to our team.

Apply Through Our Website: We encourage you to apply directly through our website. 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 The Lancashire Group

✨Know Your Numbers

As a Financial & Regulatory Accountant, you’ll need to demonstrate your expertise in financial reporting and regulatory requirements. Brush up on IFRS standards and be ready to discuss how you've applied them in previous roles. Prepare examples of your experience with month-end accounts and regulatory returns to showcase your skills.

✨Excel Like a Pro

Advanced Microsoft Excel skills are a must for this role. Make sure you’re comfortable with functions, pivot tables, and data analysis techniques. During the interview, you might be asked about specific scenarios where you used Excel to solve problems or streamline processes, so have some examples ready.

✨Show Your Team Spirit

The company values collaboration and teamwork, so be prepared to discuss how you’ve worked effectively within a team. Share stories that highlight your ability to support colleagues and contribute to group projects, especially in high-pressure situations. This will show that you align with their culture.

✨Stay Updated on Regulations

Regulatory knowledge is key in this role. Familiarise yourself with the latest Solvency II reporting requirements and any other relevant regulations. Being able to discuss recent changes or challenges in the industry will demonstrate your commitment to staying informed and your proactive approach to your work.

Financial & Regulatory Accountant in London
The Lancashire Group
Location: London

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