Job Description

General:

& Person Specification

Group Operational Lead Accountant

Division:

Group Reporting & Tax

Reports

To:

Group Financial Controller

Key

Relationships:

Reporting Accounting Tax, Actuarial, Global Business, Actuarial, Investor Relations, Finance Change, Finance Operations & Platform CFO's

Role

Overview

The Group Operational Lead Accountant will oversee the delivery of Group operations, ensuring financial outputs are accurate, consistent, and reliable. This role will collaborate closely with senior finance and actuarial stakeholders to ensure robust reporting processes and controls.

Responsibilities

Group

Accounting Assumptions

, Expense Process

& Controls

Oversee production accounting assumptions, ensuring alignment with IFRS requirements and technical guidance. Maintain and enhance the IFRS 17 expense model including reconciliations and production of expense data. Oversee actuals, budgeting, and forecasting processes, with robust controls embedded throughout.

Data Reconciliation & Integrity

Review data reconciliations to ensure completeness and accuracy. Reconcile outputs and IFRS 17 calculation engine data transformations to ensure internal consistency and traceability.

Finance

Operations & Ledger Posting

Oversee IFRS 17 model runs and ensure accurate journal posting to the ledger. Maintain oversight of soft close processes to ensure assumption data completeness ahead of quarter close. Review manual adjustments required as part of the group close process Oversee the Group FX Revaluations process across all platforms, ensuring consistency and accuracy. Oversee ledger rollover transactions, ensuring appropriate accounting and documentation.

Governance & Reporting

Manage ledger control, including the opening and closing of accounting periods. Review Group consolidations for accuracy and compliance with accounting standards Own the IFRS 17 to GAAP reconciliation process for the IFRS 17 Governance Forum. Collaborate with the Group Reporting Lead to support the successful delivery of Beazley plc's Annual and Interim Reports, IMS & IFRS 17 Governance Packs.

Technical Compliance & Oversight

Work closely with the Technical Accounting team to ensure continued compliance with IFRS accounting assumptions. Maintain and update technical oversight papers in response to evolving guidance and business changes.

General

It is important that within all your interactions both internally and externally you adhere Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing. We also expect Beazley employees to:Comply with Beazley procedures, policies and regulations including the code of conduct Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability (P&S) 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 P&S 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 & 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:

Education and Qualifications

University degree in any discipline Professional accountancy qualification, preference for ACA/ACCA, or qualified by experience

Skills and Abilities

Highly technical in accountancy skills, especially UK GAAP and IFRS General commercial and financial knowledge Insurance and Lloyd's specific knowledge 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 The ability to manage time, meet deadlines and prioritise

Knowledge and Experience

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

Aptitude and Disposition

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

Competencies

Technical competence / expertise Speed and quality Accuracy Team working Information seeking Customer focus Conceptual thinking Analytical thinking Planning * Flexibility