Insurance Management Accountant

Insurance Accountant

Haywards Heath, West Sussex/ Hybrid with one day in offices per week

£75,000 - 85,000 + benefits

Grafton Banks Finance is recruiting an Insurance Accountant for a successful and expanding insurance group with offices near Haywards Heath.

The role requires one day per week onsite and the rest remotely. Candidates need to be fully qualified ACA, CIMA or ACCA with previous insurance sector experience in order to apply. Reporting to the Financial Controller you will work as part of a high calibre insurance accounting team working across month end, statutory accounting, regulatory accounting, and finance transformation projects.

Key tasks:

• Taking the lead in the production and review of financial accounts and prepare balance sheet reconciliations.
• Manage the month end process and ensure the accounts are produced timely and accurately.
• Assistance with calculation of the solvency 2 balance sheet and SCR for the various insurance companies
• Assisting with completion of the solvency 2 quarterly and annual returns plus other analysis for the SFCR return.
• Responsibility for the preparation of monthly management information for inclusion in the CFO reports.
• Preparation and reconciliation of other technical data and schedules for inclusion in statutory accounts and various other regulatory returns; to include coinsurance returns, quota share returns, XOL declarations, MIB/FSCS/ABI returns plus other items such as IPT tax returns.
• Responsibility for audit.

Previous Solvency 2 experience is not essential as training can be provided. This is a varied and interesting opportunity for someone with previous insurance sector experience to develop their career in a respected growing business. You'll be comfortable working independently and will enjoy finance project work such as systems and process improvements and fixes. Salary for this role is up to £85,000 and benefits include 10-15% bonus, pension, health care, 28 days holiday and one day per week in the office.