Financial Accountant - Insurance

Kent  ‐ Onsite
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Keywords

Description

Key Accountabilities
Produce Annual Statutory Accounts within internal set deadlines.
Provide support in production of Group INS1 and FSA return and liaison with internal and external auditors over the return providing further analysis, explanation and understanding where requested.
Ensure all business transactions are recorded accurately and completely in accordance with IAS, legal, regulatory, supervisory, and Group policy requirements and specific industry codes of practice. Ensure transactions have been properly authorised in line with agreed policies and exceptions are reported.
Production of monthly balance sheet reconciliations including intercompany balances in accordance with Group policy control framework and ensure any reconciling items are dealt with promptly and appropriately.
To maintain close relationship and liaise with key customers such as Execs, Decision Support, Cost Centre Managers, Divisional and Group support providing timely information as required such as monthly management packs, cost centre reports, statutory packs or reserve trend commentaries.
Preparation of detailed analysis reports for submission to management, including the Finance and Executive Board and external bodies, including tax and regulatory authorities. Production of ad-hoc reports and analysis as requested.
Continuously develop, improve and document processes and accounting models to increase efficiency, effectiveness, accuracy, timeliness and quality as well as user friendliness.
To ensure compliance to SOX requirements - ensured working files are EUDA compliant: prepared users guides, test plans as well as carried out testing.
Liaison with internal and external auditors over accounts and providing further analysis, explanation and understanding where requested.
Provide support as required to the line manager.
Production of IPT and VAT returns.
Production of Actuarial Reconciliations and resolving reconciling differences promptly.
Completion of the quarterly and annual returns for submission to external bodies such as ONS, ABI, FSA and MIB.

Key Competencies/level
Technical: - Previous experience of preparing General Insurance Statutory Accounts and FSA returns. Intermediary Level Excel and Word.
Start date
ASAP
Duration
6 months
From
Generic Network
Published at
05.10.2011
Project ID:
248352
Contract type
Freelance
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