Technical Accountant

HFG; City Of London; On-site; GBP 60,000 - 90,000; Full time

Job summary

An established industry player is seeking a skilled Technical Accountant to join their team. This hands-on role goes beyond standard ledger work, offering the chance to manage accounting and reporting for two UK legal entities. You'll work closely with claims and actuarial teams, ensuring robust reconciliations and oversight of outsourced processing activities. If you're a qualified accountant with a deep understanding of technical data flows and a desire to grow into a Financial Controller role, this opportunity is perfect for you. Join a dynamic team and make a significant impact in the insurance sector.

Qualifications

• Qualified accountant with ACA, ACCA, CIMA or equivalent.
• 5+ years of technical accounting experience.

Responsibilities

• Prepare full technical accounting reporting packs with reconciliations.
• Collaborate with actuarial and claims teams to reconcile data.
• Develop internal controls around technical data flows.

Skills

Technical Accounting

Financial Analysis

UK GAAP

IFRS

Data Reconciliation

Analytical Skills

Education

ACA

ACCA

CIMA

Equivalent Qualification

Job description

HFG are currently partnering with an Insurance Run-Off firm in search of their next Technical Accountant. This is a broad, hands-on position offering far more than standard ledger work, it's an opportunity to take responsibility for the accounting and reporting of two UK legal entities, with a focus on technical and underwriting bookings as well as statutory & regulatory reporting. The role involves close collaboration with claims and actuarial teams, as well as oversight and control of processing activities handled by their outsourced team.

Responsibilities:

• Provide full technical accounting reporting packs with robust reconciliations to source data and mapping into the general ledger for technical items
• Work closely with other functions including actuarial and claims to understand movements in technical items and ensure data is reconciled
• Assist in developing the internal control environment around technical data flows from source records to the Marco general ledger
• Perform analytical review on technical items and provide financial analysis and commentary for the senior management team and Board reports
• Work with the Finance senior leadership team to develop an onboarding process for all technical data from new acquisitions
• Provide accounting guidance as it relates to insurance technical accounting for both UK GAAP and IFRS
• Provide detailed support for Pillar 3 Solvency Reporting and other regulatory reports involving technical data

If you're a qualified accountant (ACA, ACCA, CIMA or equivalent) with at least five years of technical accounting experience and a solid grasp of technical data flows and underwriting systems, we'd be keen to hear from you. This is an excellent opportunity to grow into an FC role as you'll be taking ownership of two legacy businesses.