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Key role in ensuring the accuracy, completeness, and integrity of financial data across all insurance-related activities. The role spans core technical areas including FRS103 reporting, premiums, brokerage, Deferred Acquisition Costs (DAC), Unearned Premium Reserve (UPR), claims, and technical account reconciliations. The position is central to supporting the wider financial reporting cycle, contributing to quarterly close activities, analytical review, and preparation of high-quality financial outputs.
Job Responsibility:
Prepare and review financial results in line with FRS103 and applicable accounting standards
Monitor and analyse key insurance technical accounts (Premiums, Claims, DAC, UPR, and Technical Provisions) to ensure completeness and accuracy
Perform highquality reconciliations across all insurance technical accounts, ensuring strong control and auditability
Perform analytical review of technical balances, including trend analysis and movement investigation
Conduct actuals vs expected analysis, ensuring material variances are clearly explained and supported
Track and support timely completion of all monthend close activities
Prepare financial statements at yearend, ensuring completeness, accurate ledger tieouts, and producing detailed analytical review notes to support disclosures
Support the preparation of internal and external regulatory and group reporting submissions
Prepare and coordinate MI reporting packs, ensuring timely delivery of accurate financial insights
Produce and contribute to Board Packs, providing clear, concise financial summaries with supporting analytics
Deliver highquality variance analysis, commentary, and visual insights tailored to senior leadership
Conduct deepdive reviews into technical balances, ratios, trends, and operational performance indicators
Ensure reconciliation differences are investigated, resolved, and documented in line with control expectations
Support ongoing enhancements to finance processes, control frameworks, and documentation standards
Work closely with the Service Company team to ensure alignment and accuracy of financial results
Partner regularly with actuarial, claims, underwriting, and FP&A teams to validate assumptions and movements
Provide clear explanations of financial movements to nonfinance and finance stakeholders
Support internal and external audits with timely, accurate responses and highquality supporting documentation
Requirements:
Professional accountancy qualification, preference for ACA/ACCA, or qualified by experience
Highly technical in accountancy skills, especially UK GAAP and IFRS
General commercial and financial knowledge
Insurance and Lloyd’s specific knowledge
University degree in any discipline
Strong analytical skills with attention to detail
Advanced excel skills, including PowerQuery/PowerPivot
Able to communicate effectively with others, both verbally and in writing
Able to work on own initiative
Strong team working skills
Able to manage time well, meet deadlines, and prioritise effectively
Proven post qualification experience, ideally gained within financial reporting in the Insurance sector
Experience of designing processes and managing controls
Outcome focussed, self-motivated, flexible and enthusiastic
Professional approach to successfully interact with management and peers