Financial Accountant - Insurance - Up to £55,000

Job Title: Financial Accountant - Insurance - Up to £55,000
Contract Type: Permanent
Location: London, England
Salary: Negotiable
REF: CWE3186_1543926242
Contact Name: Christina Webber
Contact Email:
Job Published: 6 months ago

Job Description

My client, a leading specialist insurer with a presence within the Lloyd's insurance market, are sourcing a Financial Accountant to join their established and growing Finance department.

The primary purpose of the role is to assist in the preparation of the monthly close process and develop internal systems and processes, key duties will include:

  • Ensure timely and accurate production and reporting of the underwriting result for the Lloyd's syndicate and company market entities
  • Co-ordinate with internal departments, primarily Actuarial and IT, for the effective delivery and transformation of data for reporting
  • Assist with the production of regulatory returns
  • Provide support with ongoing financial projects; such as developing solutions to current systems and data issues and identifying efficiencies in the financial close process
  • Strong understanding of Insurance Accounting principles and calculations relating to Inwards and Outwards re/insurance products

Key accountabilities:

  • Ideally qualified accountant (ACA/ACCA/CIMA or equivalent)
  • Experience working within the insurance industry
  • A good understanding of Insurance Accounting principles
  • Exposure to financial projects, i.e. upgrading systems and processes advantageous