At a Glance
- Tasks: Join our finance team to manage accounts and prepare reports.
- Company: We're a growing insurance and fintech firm based in London.
- Benefits: Enjoy flexible leave, stock options, bonuses, and comprehensive healthcare.
- Why this job: Great opportunity for career growth in a dynamic and supportive environment.
- Qualifications: No specific qualifications required; just a passion for finance and accounting.
- Other info: This is a hybrid role, offering both remote and in-office work.
The predicted salary is between 30000 - 50000 £ per year.
Insurance Accountant
Date: 10 Mar 2025
Sector: FINANCE / ACCOUNTING
Type: Permanent
Location: London
Salary: £35000 – 50000 per annum
Email: brian@taylorjamesresourcing.com
Ref: BT98
This Accountant position will be a key hire in the accounting and finance department of an extremely fast-growing insurance and financial technology firm. The successful candidate will be able to make an immediate impact helping to grow and automate the financial and reporting processes for the UK and EU businesses from the ground up. The company is growing quickly as they expand their operations and capitalise on momentum, creating exciting opportunities for growth and development. This is a hybrid role located in London.
The company offer an exceptional benefits package which includes flexible annual leave entitlement, stock options, bonus structure, pension contribution, healthcare cash plan, private medical insurance, life insurance, income protection insurance and critical illness insurance.
Responsibilities
Handle enquiries from clients, brokers, and underwriters.
Record and manage accounts receivable, commissions, client premiums.
Prepare monthly data/bordereaux reports.
Conduct bank reconciliations and cash matching.
Multi‐currency and multi‐company general ledger tasks.
Set up and maintain claim funds with insurers and clients.
Provide administrative and operational support for the preparation of invoices.
Ensure compliance with group procedures and regulations.
Support operational governance and decision‐making.
Prepare Ad hoc reports.
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Insurance Accountant. employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Accountant.
✨Tip Number 1
Familiarise yourself with the insurance and financial technology sectors. Understanding the specific challenges and trends in these industries will help you speak confidently about how your skills can contribute to the company's growth.
✨Tip Number 2
Network with professionals in the insurance accounting field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their companies.
✨Tip Number 3
Brush up on your technical skills, especially in financial software and reporting tools commonly used in the insurance sector. Being proficient in these tools can set you apart from other candidates.
✨Tip Number 4
Prepare for potential interview questions by reviewing common scenarios faced by insurance accountants. Think of examples from your past experience that demonstrate your problem-solving abilities and attention to detail.
We think you need these skills to ace Insurance Accountant.
Some tips for your application 🫡
Understand the Role: Read through the job description carefully to understand the key responsibilities and requirements for the Insurance Accountant position. Tailor your application to highlight relevant experience and skills that align with these responsibilities.
Craft a Tailored CV: Ensure your CV is up-to-date and specifically tailored for the Insurance Accountant role. Highlight your experience in handling accounts receivable, preparing reports, and managing multi-currency tasks, as these are crucial for the position.
Write a Compelling Cover Letter: Include a cover letter that addresses why you are interested in the role and how your background makes you a suitable candidate. Mention your familiarity with financial processes and any relevant software or tools you have used.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects professionalism and attention to detail, which is essential for an accounting role.
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Numbers
As an Insurance Accountant, you'll be dealing with financial data daily. Brush up on your accounting principles and be prepared to discuss how you've handled accounts receivable, commissions, and multi-currency transactions in previous roles.
✨Understand the Industry
Familiarise yourself with the insurance and financial technology sectors. Be ready to talk about current trends and challenges in these industries, as well as how they might impact the role you're applying for.
✨Showcase Your Problem-Solving Skills
The role involves managing enquiries and conducting reconciliations. Prepare examples of how you've successfully resolved issues in past positions, particularly those that required analytical thinking and attention to detail.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready. Inquire about the company's approach to automating financial processes or how they support career development within the finance department. This shows your genuine interest in the role and the company.