Senior Financial Reporting Accountant (IFRS 17)

Posted 2 Days Ago
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London, Greater London, England, GBR
In-Office
Senior level
Insurance • Professional Services • Consulting • Financial Services
The Role
Own the quarterly technical close and reporting cycle for a Lloyd’s insurer across IFRS 17, IFRS 4, and UK GAAP. Prepare Group Reporting closing packs, analyze financial movements, collaborate with Actuarial teams, support audits, and draft technical accounting papers. Lead process, control, and system improvements while ensuring accurate, timely, and compliant reporting.
Summary Generated by Built In

Our client, a well established Lloyd’s market insurer, is looking for a qualified accountant to join their finance team and take the lead on technical reporting for their Lloyd’s business. Sitting at the centre of the quarterly close, you will own the end to end cycle, from loading data into the close model and running the accounting processes, to working through results with the Actuarial team and seeing submissions through to sign off.

Alongside core reporting, this role carries a genuine improvement remit. You will play a key part in shaping how the finance function operates, supporting and leading projects that streamline reporting processes and modernise the systems behind them. It suits someone who enjoys both delivering a robust close and finding ways to make it better.

Key Responsibilities:

  • Run the quarterly technical close across IFRS 17, IFRS 4 and UK GAAP, acting as the go to owner for the process
  • Produce the quarterly IFRS 17 and IFRS 4 technical result for the Lloyd’s entity
  • Prepare closing packs for Group Reporting, ensuring figures are accurate, timely and compliant with IFRS and local requirements
  • Interrogate movements in IFRS 17 balances and clearly articulate what is driving financial performance
  • Partner with the Actuarial function during the close, challenging outputs and resolving queries
  • Drive and contribute to process, control and system enhancements across financial reporting
  • Support the external audit cycle and help draft technical accounting papers
  • Contribute flexibly to wider team priorities as the business requires

Requirements
  • Qualified accountant (ACA, ACCA, CIMA or equivalent)
  • 3 to 5+ years’ experience in insurance, ideally within the Lloyd’s or London Market
  • Practical, hands on IFRS 17 experience, supported by a working knowledge of IFRS 4 and UK GAAP
  • A track record of delivering quarterly close and technical result reporting
  • Comfortable engaging with actuaries and translating complex insurance numbers into clear commentary
  • Exposure to external audit and technical accounting documentation
  • Interest in improving processes and experience supporting finance change or system projects
  • Well organised, detail focused and able to perform under tight reporting deadlines

Benefits

Length: Initial 12 months, with an option to extend to 18 months

Skills Required

  • Qualified accountant with ACA, ACCA, CIMA, or equivalent qualification
  • 3 to 5+ years of experience in insurance, ideally within the Lloyd’s or London Market
  • Practical hands-on IFRS 17 experience
  • Working knowledge of IFRS 4 and UK GAAP
  • Experience delivering quarterly close and technical result reporting
  • Ability to engage with actuaries and translate complex insurance numbers into clear commentary
  • Exposure to external audit and technical accounting documentation
  • Interest in process improvement and experience supporting finance change or system projects
  • Strong organization, attention to detail, and ability to perform under tight reporting deadlines
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The Company

What We Do

G MASS is a specialist resource augmentation consultancy focused on Financial Services & Insurance, partnering with clients to augment their teams with the exact skills needed for success.

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