Financial Accountant

General:

Job Description & Person Specification

Financial Accountant

Key Relationships: Reporting, Accounting, Tax, Actuarial, Global Business, Investor Relations, Finance Change, Service Company, and Group Reporting.

The position is central to supporting the wider financial reporting cycle, contributing to quarterly close activities, analytical review, and preparation of high‑quality financial outputs.

Responsibilities

• Prepare and review financial results in line with FRS103 and applicable accounting standards.
• Monitor and analyse key insurance technical accounts (Premiums, Claims, DAC, UPR, and Technical Provisions) to ensure completeness and accuracy.
• Perform highquality reconciliations across all insurance technical accounts, ensuring strong control and auditability.
• Perform analytical review of technical balances, including trend analysis and movement investigation.
• Conduct actuals vs expected analysis, ensuring material variances are clearly explained and supported.
• Track and support timely completion of all monthend close activities.
• Prepare financial statements at yearend, ensuring completeness, accurate ledger tieouts, and producing detailed analytical review notes to support disclosures.
• Support the preparation of internal and external regulatory and group reporting submissions. [

• Prepare and coordinate MI reporting packs, ensuring timely delivery of accurate financial insights.
• Produce and contribute to Board Packs, providing clear, concise financial summaries with supporting analytics.
• Deliver highquality variance analysis, commentary, and visual insights tailored to senior leadership.

• Conduct deepdive reviews into technical balances, ratios, trends, and operational performance indicators.
• Ensure reconciliation differences are investigated, resolved, and documented in line with control expectations.
• Support ongoing enhancements to finance processes, control frameworks, and documentation standards.

• Work closely with the Service Company team to ensure alignment and accuracy of financial results.
• Partner regularly with actuarial, claims, underwriting, and FP&A teams to validate assumptions and movements.
• Provide clear explanations of financial movements to nonfinance and finance stakeholders.
• Support internal and external audits with timely, accurate responses and highquality supporting documentation.

General

It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:

• Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.
• Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
• Display business ethics that uphold the interests of all our customers
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management.
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

Personal Specification:

• Professional accountancy qualification, preference for ACA/ACCA, or qualified by
• experience
• Highly technical in accountancy skills, especially UK GAAP and IFRS
• General commercial and financial knowledge
• Insurance and Lloyd’s specific knowledge

• University degree in any discipline

• Strong analytical skills with attention to detail
• Advanced excel skills, including PowerQuery/PowerPivot
• Able to communicate effectively with others, both verbally and in writing
• Able to work on own initiative
• Strong team working skills
• Able to manage time well, meet deadlines, and prioritise effectively.

• Proven post qualification experience, ideally gained within financial reporting in the Insurance sector
• Experience of designing processes and managing controls

• Outcome focussed, self-motivated, flexible and enthusiastic
• Professional approach to successfully interact with management and peers
• Diplomatic

• Technical competence / expertise
• Speed and quality
• Accuracy
• Team working
• Information seeking
• Conceptual thinking
• Analytical thinking
• Planning
• Flexibility
• Communication