Financial Accountant

Pacific Life Re Limited; Greater London; On-site; GBP 45,000 - 60,000; Full time

Benefits offered by this job

Private medical insurance

Group life insurance

Pension scheme 15%

25 days annual leave

Cycle to work

Job summary

Pacific Life Re Limited is seeking a Financial Accountant (12 month FTC) to support accurate financial reporting across US GAAP, US STAT, BMA, and other bases. You will collaborate with Actuarial, Investments, FP&A and Finance to drive statutory, regulatory and management deliverables.

The role is hands-on, focused on close, journals, reconciliations, and audit support, with a strong emphasis on controls and process adherence. ACA qualification and 0-3 PQE preferred.

Qualifications

• Qualified accountant (ACA or equivalent).
• 0-3 PQE in accounting, financial services, or (re)insurance (preferred).
• University degree required.
• Experience supporting financial reporting under US GAAP (preferred) or similar frameworks.
• Exposure to a regulated environment is beneficial.

Responsibilities

• Support monthly, quarterly, and annual financial reporting across management, statutory, and regulatory bases.
• Support period-end close activities, including preparation/review of journal entries, reconciliations, system outputs, and schedules.
• Prepare and analyse financial results and movements, with explanations of variances.
• Prepare and maintain balance sheet reconciliations and resolve reconciling items.
• Ensure compliance with internal controls and Finance policies.
• Support internal and external audit processes with documentation and information requests.
• Collaborate with Investments, Treasury, Reinsurance Accounting, Actuarial, Risk and Operations.
• Support process adherence, documentation updates, and continuous improvement initiatives.
• Provide ad hoc analysis and support to Finance managers as required.

Skills

Attention to detail

Deadline management

Communication skills

Adaptability

Collaboration

Microsoft Excel

Microsoft Office

Education

ACA or equivalent

University degree

Tools

Excel

Word

PowerPoint

Outlook

Job description

Job Title

Financial Accountant

Job Description

Financial Accountant (12 month FTC)

This role is responsible for supporting the accurate and timely preparation and analysis of financial information across accounting, reporting, and regulatory frameworks, including US GAAP, US Statutory (US STAT), Bermuda Monetary Authority (BMA), and other internal or regulatory bases as required.

The role works closely with Actuarial, Investments, FP&A and wider Finance stakeholders to support statutory, regulatory and management deliverables.

This is a hands‑on execution role, focused on close, reporting, analysis, journals, reconciliations, and audit support, working collaboratively across Finance within established frameworks, controls, and processes.

How You’ll Help Move Us Forward

• Support monthly, quarterly, and annual financial reporting across management, statutory, and regulatory bases.
• Support period-end close activities, including preparation and/or review of journal entries, reconciliations, system outputs, and supporting schedules.
• Prepare and analyse financial results and movements, providing explanations of variances.
• Prepare and maintain balance sheet reconciliations and ensure timely resolution of reconciling items.
• Ensure compliance with internal controls and Finance policies.
• Support internal and external audit processes by preparing documentation and assisting with information requests.
• Support cross‑functional Finance processes, working collaboratively with teams including Investments, Treasury, Reinsurance Accounting, Actuarial, Risk, and Operations.
• Support process adherence, documentation updates, and continuous improvement initiatives.
• Provide ad hoc analysis and support to Finance managers as required.

Qualifications and Experience

• Qualified accountant (ACA or equivalent).
• 0-3 PQE in accounting, financial services, or (re)insurance (preferred).
• University degree.
• Experience supporting financial reporting under US GAAP (preferred) or similar frameworks.
• Exposure to a regulated environment is beneficial.

Competencies and Behaviour

• Strong attention to detail and accuracy.
• Ability to manage deadlines and operate effectively during close cycles.
• Clear and concise written and verbal communication skills.
• Highly adaptable, with a proven ability to quickly learn new systems.
• Well‑organised and process‑driven.
• Collaborative team player who works effectively across Finance functions.
• Demonstrates integrity, accountability, and a proactive approach.
• Strong Microsoft Office skills, including Excel, Word and PowerPoint, and Outlook.
• AI capabilities (preferred)

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team’s connection with each other and reflect on their successes.

Providing employees with a healthy work‑life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee’s involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

• 25 days of annual leave with option to buy/sell more days
• Adoption and fertility leave
• Generous enhanced parental leave

Healthcare

• Comprehensive private insurance coverage for employee and dependents
• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
• Optical benefits

Savings & Retirement

• 15% combined employee/employer contributions

Wellness

• Subsidized gym membership
• Access to Employee Assistance Program
• Cycle to Work and Electric Car Salary Sacrifice Scheme
• Time off for volunteering
• Charitable matching of employee donations

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.