Senior Manager IFRS17 Reporting

Innovation Group; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm in Greater London is looking for a qualified accountant to lead the IFRS17 reporting and operations. This role involves preparing financial statements, overseeing quarterly results, and managing IFRS data preparation. Candidates should have significant experience in insurance, strong IFRS technical knowledge, and excellent IT skills, especially in advanced Excel. This position offers an opportunity to work with a dynamic team focused on innovation and financial excellence.

Qualifications

• Significant post-qualification experience in insurance.
• Practical IFRS17 experience is advantageous.
• Ability to adapt to changing requirements and work well in a team.

Responsibilities

• Lead day-to-day activities in relation to IFRS17 reporting and operations.
• Oversee production of the Ki Group IFRS quarterly results.
• Manage the preparation of IFRS data used for monthly MI packs.

Skills

Technical knowledge of IFRS

Strong IT skills (Microsoft Office; advanced Excel)

Excellent interpersonal and communication skills

Advanced numeric and analytical skills

Education

Qualified Accountant (ACA or equivalent preferred)

Tools

Moody's Risk Integrity software

Job description

Overview

Please visit our careers site to find out more about working at Ki

Full details of the job. Vacancy Name, Employment Type Permanent, Location London

Role Details

Company background: Ki insures across diverse sectors including space shuttles, world tours, wind farms, and footballers' legs. Ki's mission is to digitally disrupt and revolutionise a 335-year-old market. Ki has created a platform using algorithms, machine learning and large language models to give insurance brokers quotes in seconds. Ki is the biggest global algorithmic insurance carrier, the fastest growing Lloyd's syndicate, and the first to reach $100m in profit in 3 years. Ki operates with cross-functional, agile teams focused on delivering the best experience for customers. Ki seeks excellent minds to challenge the status quo and reach new horizons.

Purpose of the Job: To lead and manage the day-to-day activities in relation to IFRS17 reporting and operations, including the production of the quarterly/annual Ki Group results, and provision of required IFRS results to wider stakeholders. The team focuses on the production of Ki's numbers, the finance operations and posting of ledger entries related to IFRS17. The role is responsible for driving the evolution of IFRS results production within Ki Group. We welcome candidates with experience in a relevant Lloyds market or insurance finance role who enjoy working in an innovative team.

Responsibilities

• To own the process of preparing the Group's financial statements, including the preparation or review of disclosure notes or coordinating their preparation by relevant owners.
• To oversee the production of the Ki Group IFRS quarterly results on a pre-consolidation basis and through consolidation adjustments, using the relevant calculation models and data platforms, and ensure proper handover of results to the Reporting teams. This includes preparing supplementary information (e.g., financial statement disclosures).
• Ensure completion of production activities is in line with the agreed close process timetable, including agreement of the timetable with other stakeholders for IFRS activities.
• Have a working knowledge of the Ki Group IFRS17 calculation models and data platforms.
• Assist in converting GAAP-based plan/forecasts to IFRS basis.
• Manage the preparation of IFRS data used for monthly MI packs where appropriate.
• Contribute to research on IFRS accounting policy evolutions and implement changes across Ki Group and/or Group companies; establish relationships with industry peers.
• Support the implementation of IFRS system/process changes with IT and Actuarial teams; identify efficiency gains where possible.
• Research technical accounting issues as required and advise on IFRS implications of Group initiatives, acquisitions or similar items.
• Manage direct reports, including performance reviews, setting objectives, and ensuring awareness of HR policies (training and development).
• Manage underperformance in line with Group policies.
• Direct and review work by direct reports, including monthly MI submissions, technical memos, and other day-to-day group reporting outputs.
• Develop or maintain procedures manuals for areas of responsibility; discharge duties relating to Financial Controls.
• Act as primary point of contact for auditors and external contacts on IFRS results matters.
• Involvement in ad hoc projects, including leading them where appropriate; provide support to the wider Finance leadership team.

Qualifications and Experience

• Qualified Accountant with significant post-qualification experience in insurance; ACA or equivalent preferred but not essential.
• Strong technical knowledge of IFRS; practical IFRS17 experience is advantageous.
• Track record of delivering high-quality work to tight deadlines.
• Strong IT skills (Microsoft Office; advanced Excel); experience with general ledger and consolidation packages.
• Knowledge of general, commercial insurance industry practices and policies.
• Ability to adapt to changing requirements and work well in a team.
• Excellent interpersonal and communication skills; strong prioritisation and organisational abilities.
• Advanced numeric and analytical skills with meticulous attention to detail; well-developed report writing skills.
• Clear understanding of financial controls.
• Prior knowledge of Moody\'s Risk Integrity software is advantageous.

Regulatory Conduct and Rules

• Act with integrity
• Act with due skill, care and diligence
• Be open and cooperative with Lloyd\'s, the FCA, the PRA, and other regulators
• Pay due regard to customer interests and treat them fairly
• Observe proper standards of market conduct
• Act to deliver good outcomes for retail customers

Ki Values

• Know Your Customer: Put yourself in their shoes, act with integrity and empathy to create something excellent.
• Grow Together: Empower each other to succeed; recognise teamwork and celebrate individual success; embrace diverse perspectives.
• Be Courageous: Think big, push boundaries; learn from failure and continuously improve.