Impress employers and recruiters.
Choose from hundreds of resume examples.

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

Lead MSIG UK’s Financial Accounting & Reporting function, delivering accurate, timely, and compliant financial results. Shape and execute a forward-thinking financial control and reporting strategy to position MSIG UK as a leading insurer in the London Market.

Responsibilities

• Lead the production of monthly management accounts, providing analysis of actual performance against budget, and explaining key variances.
• Present monthly financial results to the Finance and Executive Committees.
• Control financial ledgers and monthly close.
• Oversee all aspects of insurance and reinsurance accounting, including premium debtor and reinsurance creditor reconciliations.
• Lead the preparation and completion of statutory financial statements under FRS 102 and FRS 103.
• Lead the external audit process, acting as the key contact for the audit team, managing timelines, and responding to queries.
• Lead the preparation of quarterly results on an IFRS 17 basis for Tokyo head office reporting.
• Convert business plans and reforecasts to an IFRS 17 basis for submission to Tokyo head office.
• Complete the reforecasting process, collaborating with other departments to ensure forecasts reflect latest expectations.
• Collaborate with the actuarial team on quarterly reserving and provision of financial data for IBNR reserves and Solvency UK Technical Provisions.
• Ensure the integrity and delivery of financial data required for actuarial calculations.
• Act as a member of the Reserving Committee for review and approval of quarterly IBNR reserves and Solvency UK Technical Provisions.
• Calculate reserves on an IFRS 17 basis and present them at the Reserving Committee.
• Responsible for the production and submission of Solvency UK financial regulatory returns.
• Manage and submit regulatory returns for international regulators including NAIC and NCID.
• Maintain internal control framework and complete quarterly controls attestations.
• Monitor currency exposures relative to risk appetite and address any surplus or deficit positions.
• Work with other departments to improve upstream data quality.
• Lead, mentor, and develop a team of financial accountants and trainees.
• Set objectives, allocate work, and provide coaching, feedback, and development opportunities to the team.
• Responsible for the finance aspects of transformation projects, ensuring finance requirements are met and implemented.
• Support the development, enhancement, and optimisation of finance systems, processes, and reporting tools.

Requirements

• Qualified accountant (ACA, ACCA or CIMA) with ten years post-qualification experience.
• Proven expertise in financial reporting across statutory, management and group reporting, including IFRS and IFRS 17.
• Strong understanding of Solvency UK regulatory returns and prudential reporting requirements.
• Experience collaborating with actuarial teams on reserving, technical provisions, and data integrity.
• Demonstrated capability in financial control, internal controls, and risk-aligned governance.
• Skilled in finance systems, process improvement and supporting transformation initiatives.
• Strong analytical skills with the ability to interpret financial results, variances and performance drivers.
• Effective communicator able to present complex financial information to senior committees and stakeholders.
• Proven ability to lead and develop finance teams, fostering technical excellence and continuous improvement.
• Experience working in a London Market or general insurance environment (essential).

Skills

• Financial Accounting
• Financial Reporting
• Statutory Reporting
• Management Reporting
• Group Reporting
• IFRS
• IFRS 17
• FRS 102
• FRS 103
• Solvency UK
• Regulatory Returns
• Insurance Accounting
• Reinsurance Accounting
• Actuarial Collaboration
• Reserving
• Technical Provisions
• IBNR Reserves
• Internal Controls
• Risk Management
• Finance Systems
• Process Improvement
• Transformation Projects
• Data Analysis
• Team Leadership
• Mentoring
• Communication

Location

• London Market

Work Type

• Hybrid Working

Experience Level

• Ten years post-qualification experience

Education Level

• Qualified accountant (ACA, ACCA or CIMA)

Benefits

• Competitive base salary
• A great team and supportive colleagues
• A strong focus on diversity, inclusion and equal opportunities
• A programme of wellbeing and mental health support
• 28 days core annual leave
• 12.5% non-contributory pension contribution
• Private Medical Insurance (family members/dependents can be added)
• £1,000 Flex Fund (for flexible benefits like Dental Care, Holiday Buy, Private GP etc.)
• Life Assurance: 5x annualised base salary
• Continuous Learning Approach (including study support with professional qualifications)
• 3 days volunteering leave - full pay

About the Company

• MSIG UK is a wholly owned subsidiary of Mitsui Sumitomo Insurance Company, Ltd (“MSI”) and specialises in providing commercial property, casualty, marine and credit insurance products and services.
• MSIG UK is a member of MS & AD Insurance Group Holdings, Inc, one of the world’s largest general insurers.
• MSIG UK rebranded from MSI EU in February 2024, celebrating 100 years of MSI’s presence in the UK.
• The company is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
• MSIG UK prides itself on maintaining a friendly, collaborative, and supportive work environment.
• The company values integrity, innovation, and a customer-first mindset.
• MSIG UK is committed to creating a diverse and inclusive employee experience for all.

Equal Opportunity

• We welcome applications from anyone and promote equal opportunities for growth and development regardless of race, gender, religion or belief, sexual orientation, age, disability, or socio-economic background.