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Financial & Regulatory Accountant

The Lancashire Group
LondonHybrid1mo ago
Employment
Permanent Full Time

About the role

Specific Responsibilities

  • 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)
  • 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

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