Pacific Life

Manager or Senior Financial Accountant, Financial Reporting

London, UK Full time

Job Title

Manager or Senior Financial Accountant, Financial Reporting

Job Description

Manager or Senior Financial Accountant, Financial Reporting (9-month contract)

The Manager or Senior Financial Accountant, Financial Reporting role sits within the Pacific Life Re (PL Re) Financial Reporting and Tax team and reports to the AVP, Financial Reporting. This is a 9‑month contract role, based in London or Toronto, operating under a hybrid working model.

This role is responsible for leading the preparation, analysis, and delivery of financial and regulatory reporting across multiple accounting and reporting bases, including US GAAP, US Statutory (US STAT), Bermuda Monetary Authority (BMA), Economic Capital (EC), and/or other local regulatory bases.

The role works closely with Financial Reporting and Tax, Financial Management and Treasury, and Actuarial teams across PL Re, as well as with stakeholders at the parent company, Pacific Life (PL), and other teams across the organisation. As a division of a US‑based parent, PL Re’s primary statutory reporting basis is US GAAP, with top divisional entities reporting on a US GAAP basis.

The role does not include formal people management but has a significant impact on financial and regulatory reporting and supports finance‑related projects as required.

Key Responsibilities

  • Ensure timely and accurate delivery of financial statements in accordance with US GAAP, US STAT, and other relevant internal and regulatory standards.
  • Prepare, analyse, and explain financial and regulatory results for PL Re and its entities, including presentation of results to senior Finance leaders, Pacific Life and for external reporting purposes.
  • Coordinate with Finance, Actuarial, Legal, Risk, and Treasury teams to ensure accurate, complete, and timely reporting.
  • Support finance transformation initiatives, including Project Unify, through involvement in testing activities and support for the transition to new ledger systems and reporting tools.
  • Monitor changes in accounting standards and regulatory requirements, assess their impact on PL Re, and lead or support implementation as required.
  • Ensure appropriate financial controls are designed, implemented, and operating effectively across the PL Re Division.
  • Act as a point of contact for internal and external auditors, particularly in relation to financial and regulatory reporting matters.
  • Support the AVP, Financial Reporting and senior Finance leaders with ad hoc projects and initiatives as required.

Qualifications and Experience

  • Post-qualified experience in the (re)insurance industry and/or financial service industries, with strong life insurance industry experience
  • Recognised accounting qualification (e.g. ACA, ACCA, CPA or equivalent)
  • Strong US GAAP technical knowledge
  • Proven regulatory reporting experience (e.g. PRA, BMA, NAIC or OSFI), including experience in a multiple regulatory environment
  • Experience providing leadership and oversight of teams, with a demonstrated ability to manage and support change
  • Strong commercial understanding of (re)insurance business
  • Less experienced candidates will be considered as Senior Financial Accountant

Personal Characteristics

  • Excellent technical and analytical skills combined with sound financial judgement and commercial awareness
  • Ability to manage complexity and ambiguity, and communicate complex issues clearly and concisely
  • Strong interpersonal and stakeholder-management skills, with the ability to build effective relationships at all levels
  • Strong and collaborative facilitator and team player, with a willingness to “roll up sleeves” when required
  • Courageous and constructive challenger of established thinking, able to drive change

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

  • 25 days of annual leave with option to buy/sell more days 

  • Adoption and fertility leave 

  • Generous enhanced parental leave 

Healthcare

  • Comprehensive private insurance coverage for employee and dependents

  • Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary 

  • Optical benefits 

Savings & Retirement

  • 15% combined employee/employer contributions 

Wellness

  • Subsidized gym membership 

  • Access to Employee Assistance Program 

  • Cycle to Work and Electric Car Salary Sacrifice Scheme 

  • Time off for volunteering 

  • Charitable matching of employee donations 

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values