Accounting Lead Analyst

About the Job

The job profile for this position is Accounting Lead Analyst, which is a Band 3 Senior Contributor Career Track Role.

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Role Purpose

The position of Accounting Lead Analyst sits within the European Finance Accounting Team, which is part of the centralised European Finance Department split over our Glasgow / Greenock / Antwerp / Madrid sites. This role will be based in Glasgow and will report to one of the Accounting Managers who in turn reports into the Statutory Accounting Senior Manager.

Team responsibilities include Management, Statutory, and Regulatory Reporting in a wide range of jurisdictions as well as ad hoc technical accounting project work and automation initiatives.

Duties & Responsibilities:

European Solvency II Reporting

• European Group Consolidation – 1st level review of the draft finance consolidation output produced by accounting analyst for completeness and accuracy.
• Lead engagement with the European stakeholders from Risk and Actuarial to ensure accurate and timely completion of the European Group Consolidation.
• Responsible for ensuring the Solvency II quarterly and annual consolidation reporting is completed in line with regulatory requirements.
• Preparation of investment and cash equivalents Solvency II reporting.
• Develop an understanding of Risk team deliverables and preparation of inputs to NBB documentation to a high standard e.g. SFCR, RSR.
• Provide support to ensure the half yearly external review of the consolidated reporting is completed successfully.

Cigna Global Insurance Company – Financial Stewardship

• Monthly preparation of the consolidated business line financials and submission to the Risk team and external advisors.
• Finance lead for business line engagement and reviews of financial performance.
• Produce required submissions (financials and commentary) for Guernsey Management Committee and provide support for any questions / requests from the Committee. The successful candidate will also be required to present financial results at these Committee meetings.
• Assist in the quarterly Capital Planning process (quarterly forecasting) and regulatory based management of liquidity, capital and covering assets.
• External audit support and ensure annual deliverables and timelines are met.
• Annual NAIC reporting with successful candidate being the main contact for Finance input.
• Annual OSCA reporting to European Risk team.
• Provide support to the Statutory Accounting Manager in the preparation and submission of results for AM Best annual review meeting.

Other

• Preparation of annual valuations/impairment reviews as and when required.
• Management of external audits for 2 holding companies and providing additional audit support to the team as and when required.
• Ad hoc project work and automation initiatives as and when they arise.

Key Skills and Knowledge

Experience Required

• Fully qualified accountant (some experience in US GAAP and BE GAAP would also be valuable).
• Previous experience of preparing statutory accounts and active involvement in external audits.
• Previous experience in Solvency II Reporting for Insurance businesses and group consolidation of financials would be desirable.
• Experience of working in a multi-currency environment.
• Advanced Excel skills.
• Stakeholder Focus – dedicated to meeting the expectations and requirements of internal and external stakeholders, good at building effective relationships and gaining trust and respect.
• Team player and someone who is not afraid to take ownership and use own initiative.
• Problem Solving – ability to solve difficult problems with effective solutions.
• Strong communication skills, both written and verbal.

Please note that you must meet our posting guidelines to be eligible for consideration. Policy can be reviewed at this link.