Reporting Accountant - Insurance

£Excellent + Bonus + Benefits

Hybrid / London

About us

A leading specialty, bespoke and (re)insurance business built on a multiyear track record of outperformance that continues to beat the market.

The role

This role is UK based, and is part of the regulatory reporting & group reporting team which is also based in Ireland and Bermuda. This is a very broad role, with responsibilities covering both Group and entity regulatory reporting and tax functions.

Key accountabilities

Duties & Responsibilities

• Drive data improvements throughout to assist with quality regulatory reporting
• Insurance Premium Tax ("IPT") returns. Including improvement of processes and reconciliation between finance and operation data
• Involved with the preparation and final delivery of some of the following activities:
  • Preparation of monthly and quarterly management accounts and financial supplements for the IG group of Companies
  • External UK GAAP financial statements for UK legal entities
  • Prepare and monitor the monthly reporting timetable to ensure all deadlines are met
  • Responsible for the collation of data and preparation of rating agency capital returns (S&P and AM Best)
  • Preparation of the monthly accounting entries including consolidation adjustments and reports on consolidated results
  • Assist with the collation of data and reports for distribution to the Actuarial function on a monthly and quarterly basis
  • Solvency II returns (QRTs) for annual and quarterly submissions for the UK entity
  • Assist in preparation of narrative reporting (SFCR and RSR)
• Liaise with internal and external audit
• Support the establishment of accounting controls and procedures for regulatory reporting
• Maintain and improve internal controls and procedures documentation
• Ad hoc projects as required

Skills & experience

Minimum Qualifications, Skills & Experience

• A professional accounting qualification (ACA, ACCA, CIMA or equivalent)
• 1-3 years' post qualification experience preferably gained in an insurance/reinsurance environment and a solid accounting foundation and working knowledge of the ledger
• Strong knowledge of the Microsoft suite of applications with expert excel skills
• Detailed knowledge and experience of US GAAP and UK GAAP for insurance accounting
• Advanced and proven financial, analytical and organizational skills
• Driven person

Our culture is defined by our principles. It is the foundation of who we are and the core of everything we do.

• Outperformance: A single-minded focus on underwriting results; agile in the face of opportunity.
• Innovative: We are proud to be different and will analyze every book of business with data driven capability and underwriting flair.
• Inclusive: Our business is about treating people well while doing the right thing. We want a speak-up culture with open communication, irrespective of gender, ethnicity, sexual orientation or background, allowing everyone to be themselves.
• Versatile: We champion individuals for their ideas, encouraging them to operate freely and rewarding them for their output.
• Smart: We focus on productivity not activity.