Financial & Regulatory Accountant
SKILLS
FULL DESCRIPTION
Financial & Regulatory Accountant
Company: [Employer hidden — sign up to reveal] Group
Location: London
Work Type: Hybrid
Employment Type: Permanent - Full Time
Department: Finance
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; and
- 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); and
- 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; and
- Ability to work as part of a small team
The [Employer hidden — sign up to reveal] Way
At [Employer hidden — sign up to reveal], 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 [Employer hidden — sign up to reveal] 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 [Employer hidden — sign up to reveal].
About [Employer hidden — sign up to reveal] Group
[Employer hidden — sign up to reveal] are a provider of global specialty insurance and reinsurance products operating in Bermuda, London, the U.S. and Australia, across three delivery platforms: rated company, Lloyd’s and collateralised security. Our focus is on short-tail, specialty (re)insurance risks within four general segments: Property and Casualty, Aviation, Energy and Marine, and Specialty.
Our Hiring Process
Stages: Applied, Review, 1st Stage Interview, 2nd Stage Interview, Offer of Employment, Hired.