Senior Accountant

Sompo International · London, England, United Kingdom

FULL TIME

Job Description

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a

Senior AIUK Branch Accountant

in our

UK Finance team

.

We are looking for a skilled Regulatory Reporting Accountant to join our London office. The role will be responsible for supporting the production of quarterly regulatory submissions for the overseas branches of our UK Company Aspen Insurance UK Ltd (“AIUK”). The individual will oversee preparatory work produced by offshore partners and support the finalisation of Canada, Singapore & Australia branch reporting on a UK GAAP & IFRS 17 basis during 2027. This role will also involve collaborating with external auditors during the year-end close process and partnering with key stakeholders to ensure reporting cycles are completed effectively and on time.

Location

This position will be based out of our

London

office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity

What you’ll be doing

Regulatory Reporting:

Oversee the production of quarterly regulatory returns relating to the various branches of AIUK. Perform initial review of reporting numbers and additional deep-dive analysis into key areas of the financial statements and understand the key inputs that are driving solvency calculations.
Accounting Standards & IFRS 17:

Apply awareness of different GAAP bases (UK GAAP, IFRS 4 and IFRS 17) in order to support key IFRS 17 data deliverables and the preparation of the GAAP bridge for presentation to key stakeholders.
Process Improvement:

Improve controls around data preparation, including understanding and documenting reconciling items against the main AIUK insurance company ledger as well as Identify system and process improvements and support their implementation.
Reporting Analysis & External Data Review:

Respond to data requests and queries from internal and external stakeholders, including management, auditors and regulators. Challenge results received from external data providers and investigate key drivers of reporting outcomes.
Controls and Documentation:

Prepare and maintain comprehensive controls, audit documentation, methodology papers & standard operating procedures (SOPs) to support audit and reporting processes and ensure consistency and compliance.
Stakeholder Management:

Liaise with Finance teams, including Technical Accounting, Finance Systems, Capital Modelling and Tax, to support reporting requirements. Liaise with non-Finance teams, including Actuarial, Ceded Operations and Risk, to support reporting processes and resolve ad-hoc queries.
Reporting Timetable Management:

Manage own workload and priorities in line with agreed plans, oversee reporting timetables, and coordinate with the offshore team to ensure activities remain on schedule and reporting objectives are delivered on time.

Additional Tasks

: Undertake other project work as required, ensuring regulatory compliance and operational efficiency. Support finance integration projects to align Aspen entities with Sompo processes systems & data models.

What you’ll bring

Bachelor’s degree in a relevant analytical field (e.g., Accounting, Finance, Mathematics).

Fully qualified Accountant (CIMA/ACA/ACCA)

Proven experience in regulatory submissions/solvency experience as well as statutory reporting

Strong knowledge of the insurance/reinsurance industry and regulatory landscape.

Understanding of Canadian P&C returns and or MAS Reporting in Singapore would be desirable

Proficiency in CODA and/or SAP general ledger systems desirable

Strong Microsoft Excel skills highly essential

Experience managing other team members or groups of individuals overseas

Excellent communication, presentation, and technical writing skills.

Self-starter with strong organizational skills and the ability to improve processes.

Our

Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs

· Expansive Health & Wellness Benefits

Generous Retirement & Savings Plans
Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.

Clarity in complexity.

Unwavering commitment

.

We are Sompo, a global provider of property, casualty, and specialty insurance and reinsurance.

Building on Sompo Holding’s 135 years of innovation, we seek to deliver a unified approach to servicing and providing customized solutions for our clients, ensuring that we meet their needs effectively and consistently.

We strive to strengthen engagement with our clients and business partners every day by using the in-depth knowledge and insights of our experts to swiftly navigate the ever-shifting risk landscape in a fast and agile way – providing them with the products and coverages they need – underpinned by exceptional levels of service.

Our values

As we continue to evolve and grow, our core values serve as the foundation for our company’s identity, purpose and culture.

Accountability: Raising the bar on what we deliver
Agility: Keeping it simple as we grow
Collaboration: Building relationships with clients and colleagues
Development: Being curious and having a growth mindset
Integrity: Being trustworthy and doing what’s right

Around the world, our 9,500+ employees use their expertise to learn, improve and find clear answers for your complex challenges. Because when you choose Sompo, you choose the ease of expertise.

Sompo is an Equal Opportunity Employer

.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

To learn more about visit our website at

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