• To prepare, and assist with, all aspects of the regulatory reporting for UK Insurance Branch operations, to take responsibility for Australian Branch, Zurich Reinsurance, and potentially other branches depending on relative workloads and availability.
• To improve the quality and timeliness of branch regulatory reporting for Branch operations as assigned.

Responsible for:

• Preparation of quarterly and annual financial statements, and the preparation, review, and/or lodging of Branch regulatory filings on a quarterly and annual basis.
• Managing and maintaining Branch general ledgers.
• Providing analytical and decision support to Branch management, Agents, Head of UK Finance Branch Reporting and/or UK Chief Financial Officer.
• Liaising and working with internal and external actuaries, Agents, Risk Management, Treasury and Tax to assist with all aspects of UK Branch operations.
• Monitoring Branch solvency requirements, ensuring appropriate capital, collateral or security is in place.
• Liaising with UK Treasury and Group Investment to ensure that Branch solvency requirements are maintained, while identifying opportunities to optimize Branch investment return and minimize capital investment required to support Branch operations.
• Providing assistance with the annual business planning process for UK Branch operations.
• Managing the annual audit process, addressing any outstanding issues and ensuring timely sign-off.
• Identifying control, process and systems/operational issues in UK Branch Finance and UK Finance, and opportunities to improve the integrity of financial data within and between UK Branch Finance and UK Technical Finance.
• Keeping up to date and informed of any regulatory changes in the respective branches.
• Providing support to the Head of UK Finance Branch Reporting as an advocate for change in UK Finance by identifying examples of control, process, operational, system or data quality issues, and providing suggestions to improve the quality and accuracy of output from UK Branch Finance and UK Finance.
• Deputising for Head of UK Finance Branch Reporting during periods of absence, and other Technical Accountant – Branch Regulatory Reporting roles, as needed.
• Ad-hoc projects as required.

Part Qualified Accountant studying ACCA / CIMA with insurance experience required by market leading City based insurance company.

Principle responsibilities

• To process the month end technical accounting. Bookkeeping of premiums, claims, IBNR, commissions, and reinsurance.
• To assist design, develop and build mechanisms or loading data into the general ledger, with relevant controls
• To prepare and analyse monthly technical account reconciliations (e.g. GL to core systems) for audit and SOX purposes
• To assist in the preparation of financial results for US GAAP reporting to parent company
• To use, update and modify (where required) the systems/analysis tools/spreadsheets to extract data from underwriting and financial systems for regulatory and compliance returns in accordance with the relevant regulatory timetables.
• To produce and maintain monthly audit files company financial results, balances and key reconciliations
• Assist in production of company and related entity GAAP financial results and annual report.
• To assist in ad-hoc reporting requirements & project work

 Knowledge, skills and experience

• Commercial common sense and understanding of the insurance business
• Advanced Excel / Database skills to be able to build spreadsheets and systems that can manage and manipulate large volumes of data efficiently (V Look ups, Pivot Tables)
• Ability to analyse and self- audit any data, returns, forms, including liaison with underwriting teams to verify data.
• Ability to understand the bigger picture and visualise the end-to-end process of transactions through to reporting analysis
• Good communication skills, ability to interact at all levels within the business and fellow practitioners
• Good project management, prioritisation of tasks and time keeping skills
• Some exposure or knowledge of Statutory and Regulatory reporting (PRA, SII / Solvency II, US GAAP)
• Preferably A level maths qualification and pursuing an accountancy qualification, studying ACCA or CIMA

Large International Insurer requires a Qualified accountant to assist Head of Technical Accounting with implementation of financial and regulatory reporting requirements.

As part of larger team you will be responsible for supporting the implementation of Solvency II reporting as well as Group regulatory requirements. Monitor new UK GAAP developments and prepare for new UK GAAP conversion. Communicate results to manager and provide visibility. Assist with other ad-hoc finance projects.

Candidates should be ACCA/ACA/CIMA qualified accountant with experience of Technical/Regulatory Reporting, UK, IFRS and US financial and regulatory reporting requirements. Understanding of SII requirements.

Insurance experience required.

Hugely successful Lloyd’s of London insurance company based in the City requires a Qualified Accountant with Insurance experience.

Responsible for producing the monthly insurance result for both the Syndicate and the Group. Enhancing and implementing reconciliations and other financial controls to support the report cycle. Report the monthly premium income and calculate the insurance result. Ad-hoc reporting and analysis. Group project work, supervision of team members.

Insurance experience, Lloyd’s accounting knowledge, Qualified Accountant (ACA / ACCA / CIMA).