MI Reporting Accountant (Finance)

LGBT Great; Greater London; Hybrid; GBP 60,000 - 85,000; Full time

Benefits offered by this job

Private medical insurance

28 days annual leave

Study support with qualifications

Generous pension scheme

Job summary

Pension Insurance Corporation (PIC) is seeking a Financial Reporting Accountant to turn financial data into insights, supporting monthly MI reporting and collaborating with Actuarial and Accounting teams to provide clear commentary to senior stakeholders.

You will lead the production and commentary of the MI pack, validate data, and translate complex accounting and regulatory information into concise business insights.

Qualifications

• Knowledge of IFRS and Solvency II.
• Life Insurance industry experience and regulatory reporting.
• Experience with Oracle Fusion, FCCS and Workiva.

Responsibilities

• Lead the production and commentary of monthly MI pack with data validation.
• Translate accounting and actuarial data into clear business insights for senior stakeholders.
• Plan and manage year-end timetable and readiness activities.
• Review external and internal reporting for quality and improvements.
• Collaborate across Finance and the wider business on statutory reporting.

Skills

Analytical thinking

Pressure handling

Prioritisation

Communication skills

Change management

Tools

Oracle Fusion

Oracle FCCS

SmartView Excel add-in

Workiva

Excel

Job description

We're looking for a Financial Reporting Accountant who can turn financial data into meaningful insights, supporting the production of monthly MI reporting and working closely with Actuarial and Accounting teams to provide clear, impactful commentary to senior stakeholders.

• The role requires the ability to effectively collaborate across Finance and the wider business to deliver, as part of a team, all statutory reporting for PIC Group, including year-end accounts and half year reports.
• The role holder will also support the delivery of improvements to the year-end process as well as the monthly MI production.
• The role requires the ability to solve problems and mitigate risks as they arise to ensure both a high quality and a timely delivery are achieved.
• Our Company values are expected to be reflected in the delivery and performance of every role.

Specific accountabilities assigned to the role of the Financial Reporting Accountant within the Financial Reporting team:

• Leading the production and commentary of monthly management information (MI) pack, including checking the accuracy of numbers, data validation and consistency.
• Provide insight driven analysis into financial performance, with clear linkages to underlying drivers. Translate complex accounting and actuarial data into clear business insights and providing concise commentary on financial performance.
• Leading the process to plan for year-end verification of numbers in the front half of the Annual Report.
• Responsible for reviewing the content and quality of the external and internal reporting and recommending improvements.
• Responsible for planning and preparing the year-end timetable, creating a roadmap with clear deliverables, identifying sources and deadlines, and scheduling review slots. Accountable for agreeing timelines and rolling forward documents to support year-end readiness.
• Responsible for a number of one-off or non-regular deliverables including change projects, ad-hoc requests and queries.
• Responsible for improving the current processes, improving existing controls and enhancing the quality of the final outputs for key external and internal deliverables.
• Supporting other members of the team as required in the production of statutory and regulatory reporting deliverables.
• Building and maintaining a strong relationship with other teams within the firm both inside and outside Finance to ensure planning is done effectively and all viewpoints are properly incorporated.

Knowledge

• Knowledge of the Insurance industry and the relevant reporting metrics such as IFRS and Solvency II.
• Experience gained from other reporting roles.
• Knowledge of International Financial Reporting Standards (IFRS)
• Sound technical understanding of life and pensions accounting
• Extensive knowledge of each element of the Microsoft Office package

Skills

• Ability to analyse complex problems and propose solutions
• Ability to work under pressure towards tight deadlines
• Ability to prioritise and distinguish what really matters amongst a large quantity of information and make judgement calls
• Strong communication and influencing skills
• Ability to drive change and contribute to ongoing projects and initiatives

Experience

• Life Insurance industry experience
• Experience of Oracle Fusion and Oracle FCCS
• Experience of using the SmartView excel add-in
• Experience of Workiva
• Experience in preparing front half of annual reports.
• Knowledge of the regulatory reporting and the Solvency II regime.

DE&I at PIC

At PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences. We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio-economic background, feels valued, heard and empowered to succeed. We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community. While we’re proud of our progress, we recognise there’s work ahead, and we remain dedicated to listening, learning and evolving together.

In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), study support with qualifications, a generous pension scheme and much more.

• private medical insurance
• 28 days' annual leave (excluding bank holidays)
• study support with qualifications
• a generous pension scheme and much more