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The Group Accountant will play a key role within the Group Reporting team (IFRS 17 BAU), working closely with a wide range of stakeholders across the business. The role is responsible for delivering quarterly and annual reporting outputs, analysing results produced by the IFRS 17 calculation engine, supporting external audit activity, and contributing to ongoing process and control enhancements.
Job Responsibility:
Support the Group Reporting Lead Accountant in producing highquality quarterly and annual Group reporting outputs, ensuring accuracy, consistency, and adherence to reporting timelines
Execute IFRS 17 reporting processes, ensuring correct application of the standard and alignment with internal and external requirements
Prepare IFRS 17compliant financial statements, notes, and disclosures for inclusion in the Beazley plc interim and annual reports
Support the preparation of IFRS 17 analytical reviews, including movement analyses, key drivers of results and variance commentary
Perform analytical reviews across the Group P&L, balance sheet and cash flow, identifying unusual trends or variances requiring further investigation
Carry out detailed reconciliations between source data, calculation engine outputs and ledger balances, ensuring completeness, accuracy, and traceability
Investigate variances and work collaboratively with actuarial, FP&A and local finance teams to resolve data or accounting issues
Maintain and enhance existing documentation, process notes and control frameworks, ensuring compliance with quarterly IFRS control requirements
Contribute to continuous improvement initiatives across the reporting cycle, driving efficiency, control robustness and data quality
Assist in maintaining the IFRS 17 chart of accounts structure, including oversight of ledger postings and mapping changes
Act as a key point of contact for external auditors during interim and yearend cycles, supporting audit requests, sample walkthroughs, and technical discussions
Ensure timely preparation and submission of audit deliverables, including supporting documentation, reconciliations and variance explanations
Support the delivery of reporting governance packs, internal management reports and technical papers as required
Contribute to project work and ongoing enhancements related to IFRS 17, finance systems, automation or reporting transformation
Collaborate with colleagues across Group Reporting, Actuarial, FP&A, Finance Operations and Finance Change to deliver endtoend reporting outcomes
Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct
Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system
Display business ethics that uphold the interests of all our customers
Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas
Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system
Requirements:
Qualified general insurance accountant – ACA/ACCA/CIMA
Experience of IFRS17 and other regulatory accounting standards
Experience liaising with third party consultancies such as EY and PwC
External audit experience either as part of an audit team or as part as a finance team
Builds and maintains strong relationships at all levels
Ability to see the big picture while ensuring that details are not overlooked in delivery
Ability to make recommendations for improvements to processes and outlining potential solutions to challenges faced withing the project
Ability to work at both detailed and summary level
Strong communication skills both verbally and in writing
Ability to work under pressure, and to tight deadlines
Agile delivery / project delivery
Outcome focussed, self-motivated, very flexible and enthusiastic
Professional approach to successfully interact with senior management and colleagues
Technically innovative, a problem solver and solution builder
Confident to articulate your views and influence peers and management
Adaptable in a fast moving environment
Proactive approach
Computer skills – Power Query, SQL Excel and MS office
Good interpersonal and communication skills
The ability to manage time, meet deadlines and prioritise