Finance & Accountancy
London
£100,000
Reference: HH/RF-9061
A London market insurance and reinsurance company is recruiting for an experienced insurance finance professional to fill a newly created position of Head of Technical Accounting.
Reporting to the CFO, the successful applicant will be responsible for the technical accounting and data flows from source systems/data, and to support statutory and regulatory reporting for technical items.
Key accountabilities will be to lead the technical accounting function and provide all necessary accounting entries for the general ledger for technical items, assist in developing a robust internal control environment around technical data flows from source records to the general ledger, perform analytical review on technical items and provide financial analysis and commentary for the senior management team and Board reports, work with the Finance senior leadership team to develop an onboarding process for all technical data from new acquisitions, provide accounting guidance as it relates to insurance technical accounting for both UK GAAP and IFRS and participate in the development of the Company’s IFRS17 project.
Applicants must be qualified accountants with a minimum of 5 years technical accounting experience gained within the insurance industry, have an in depth understanding of technical data flows, strong technical accounting knowledge (e.g. UK GAAP & IFRS) and be very deadline focused.