Woodland Partners are delighted to be working with this established global Insurance Group in the recruitment of a new Senior External Reporting Accountant. Reporting into the Director of Finance the role ensures that financial information is properly prepared and disclosed in accordance with reporting requirements, maintaining regulatory compliance in all applicable jurisdictions. Key responsibilities:

  • Responsible for the preparation, review and submission of the statutory and regulatory reporting for the UK & European Companies including the Annual Report and Accounts, Solvency II returns and any local GAAP reporting to regulators.
  • Lead the preparation and review of UK GAAP statutory financial statements, disclosures and supporting analyses, ensuring compliance with reporting requirements and providing high-quality financial insight to support decision-making.
  • Prepare GAAP financial statements for the European branch, coordinating with external advisers to ensure compliance with local regulatory and reporting obligations.
  • Support the preparation of IFRS 17 financial statements , ensuring accurate reporting and adherence to applicable accounting standards.
  • Provide robust analysis and supporting evidence for significant accounting judgements, facilitating efficient external audit review and strengthening financial governance.
  • Monitor and interpret new and amended accounting standards, assessing business impact and supporting timely implementation to maintain regulatory compliance.
  • Monitor and interpret UK and European regulatory reporting requirements, ensuring reporting processes remain compliant and aligned with evolving obligations.
  • Ensure compliance with Companies Act and other statutory and regulatory reporting requirements, assessing regulatory changes and providing management with clear impact analysis and implementation recommendations.
  • Act as the primary contact for external auditors, coordinating audit deliverables and resolving queries efficiently to support a smooth and effective audit process.
  • Partner with the Actuarial team to support quarterly and annual reserving processes and ensure consistency between actuarial and financial data used in statutory and regulatory reporting.
  • Work closely with Operational Finance, Financial Reporting, FP&A and Finance Systems teams to support the preparation of accurate and timely financial reporting and disclosures.
  • Collaborate with Underwriting, Claims and other business functions to obtain and validate financial and operational information required for reporting purposes. Essential requirements:
  • ACCA, ACA or equivalent professionally qualified accountant, or qualified by significant relevant experience.
  • Proven experience working within an insurance environment.
  • Strong knowledge of UK GAAP, statutory accounting requirements and financial reporting standards.
  • Demonstrable experience preparing and reviewing statutory financial statements, management accounts and regulatory reporting submissions.
  • Good understanding of Solvency II (SII) reporting requirements and the associated regulatory framework.
  • Advanced Excel skills and experience using financial reporting, consolidation and accounting systems.

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