IFRS17 Senior Accountant
Location: London
Contract Type: 12 Month FTC
Work Pattern: Full Time and Hybrid
About The Job
We are looking for a curious and experienced accountant to join the AUL Finance Team responsible for the IFRS17 reporting for MS Amlin Lloyds’ Syndicate 2001, managing agency (MA AUL), related capital provider (MS ACM) and all other associated entities under the AUL reporting structure.
What You’ll Spend Your Time Doing
While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:
- Maintain the integrity of the IFRS17 financial close, including:
- Reconciliations and controls to ensure alignment between the IFRS17 and UK GAAP ledgers
- Ensuring accuracy and understanding of the quarterly IFRS17 reserving postings
- Ensure translation into functional and presentational currencies are performed accurately
- Running and owning various tasks in the IFRS17 runbook
- Working closely with the UK GAAP team to understand the numbers/process and proactively manage dependencies on the IFRS17 close
- Prepare relevant disclosure notes as part of the Head Office quarterly submission
- Provide support where required to the consolidation process of the AUL Group IFRS17 Financials on a quarterly and annual basis to Head Office
- Oversight and development of key processes for quarterly reporting
- Operating effective processes and controls, adhering with JSOX requirements
- Adherence to Head Office reporting timetables
- Provide support if required to the UK GAAP reporting team
- Provide analysis and insight into the IFRS17 outputs
- Engage and support key stakeholders in specific projects/initiatives
- Developing and maintaining close relationships with key stakeholders including UK GAAP Finance team, Actuarial, Underwriting Performance, Internal and External Auditors.
The key outputs that make this a pivotal role are:
- Quality and timely outputs on a quarterly and annual basis;
- Insight and understanding of information you are responsible for preparing, demonstrated in presentation and review;
- Ensure that all processes and controls where you are responsible are completed on a timely basis, reviewed and signed-off;
- Driving and delivering required changes as a result of developments in relevant accounting standards, new project initiatives etc.
You’re going to enjoy this job if you also:
- Enjoy collaborating and engaging with others
- Enjoy problem solving and learning new tasks
- Enjoy participating in on the job training
- Have an eye for detail
- Demonstrate a commitment to being able to learn new skills
- Can work to deadlines and have skills to delegate where appropriate
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
- Qualified Accountant
- IFRS experience
- IFRS17 experience preferred. However this is not crucial to the role and training will be provided
- Preparing and reviewing monthly controls
- Good written and oral communication.
- Good analytical skills
- Good organisational skills
- Lloyd's experience (preferred but not crucial)
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
- Competitive Base Salary
- Performance Related Discretionary Bonus
- Holiday: 28 days core annual leave, and you can buy up to 5 days
- Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
- Private Medical: cover for yourself. Family members/dependants can be added.
- Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
- Life Assurance: 5 x annualised base salary
- Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
- Continuous Learning Approach: Including study support with professional qualifications.
- Carers Leave: 5 days full pay.
- Employer Supported Volunteering: 3 days volunteering leave - full pay.
- Annual health screening
- Give as you earn
- Cycle to work
- Season ticket loan
- Green car scheme
- Retail discount platform
About MS Amlin
MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd’s, Continental European, US and Bermudian global (re)insurance markets.
This role is in our Lloyd’s business
Our Lloyd’s business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London’s (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd’s Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.
