Loctation: London/ Hybrid
Salary: £120,000 pa
About the role:
It's an exciting time to be part of the the business Finance team right now. We're looking for an accountant with strong insurance and accounting experience, lots of energy, keen to make a difference and play an important role in building an efficient Finance function.
While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:
- Ownership and Responsibility for all Outwards Reinsurance transactions in the financial result, including:
- Intermediate understanding of and responsibility for reconciliations and control of automated outwards reinsurance transactions in the ledger
- Ownership of manual processing for ‘non-standard’ outwards reinsurance contracts
- Responsibility for intra-group reinsurance submissions, including being first point-of-contact for intercompany partners
- Responsibility for reinsurance bad debt calculations and key inputs into reinsurance recoverable reporting, such as QMA form 710
- First point-of-contact for auditors for outwards reinsurance
- Responsibility for analysing and producing commentary on the outwards reinsurance result
- Responsibility and first point-of-contact for any downstream reporting (including Lloyd’s Regulatory and Head Office) and external queries relating to outwards reinsurance
- Secondary responsibility for inwards insurance and reserving transactions
- Have an eye for detail
- Are a strong problem solver
- Can explain complex data in simple terms
- Embrace change and continuous improvement
- Enjoy a collaborative working environment
For this particular role there are some important qualifications and experience we need you to have. These include:
- Accounting Qualifications
- Strong Excel skill
- Strong understanding of Insurance accounting
- Ideally Lloyd’s Market experience
- Ideally experience with Oracle general leger
- Good communication skills
- Strong controls and reconciliations experience
- Competitive Base Salary
- Performance Related Discretionary Bonus
- Holiday: 28 days core annual leave, and you can buy up to 5 days
- Pension: A minimum 2% employee contribution plus 7% business contribution (9%) up to a maximum of 5% employee contribution plus 13% business contribution (18%)
- Private Medical: cover for yourself. Family members/dependants can be added.
- Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
- Life Assurance: 5 x annualised base salary
- Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
- Continuous Learning Approach: Including study support with professional qualifications.
- Employer Supported Volunteering: 3 days volunteering leave.
- Annual health screening
- Give as you earn
- Cycle to work
- Season ticket loan
- Green car scheme
- Retail discount platform