At a Glance
- Tasks: Join a dynamic team to optimise finance processes and complete technical reconciliations.
- Company: Innovative finance company with a collaborative culture and a focus on progress.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Make an impact in finance while working with talented colleagues and cutting-edge technologies.
- Qualifications: University degree and experience in finance or insurance preferred.
- Other info: Exciting career growth opportunities in a supportive environment.
The predicted salary is between 28800 - 48000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„ .
This is an exciting opportunity for a Finance Analyst to join a growing UK business with operations across multiple platforms including UK and Irish Insurance Companies, multiple Lloyd's Syndicates and a large UK regional branch network. The role is at the centre of finance and will offer the right candidate a range of responsibilities across the finance function, including but not exclusively the completion of the technical reconciliations across UK managed entities and driving optimisation of processes, in order to establish and maintain best practice and continual improvement. Location for the role will be hybrid between the Manchester office and work from home.
Key Tasks & Responsibilities- Completion of technical reconciliations across two Lloyd's Syndicates, the UK and Irish Insurance Companies for both US and UK GAAP;
- Technical reconciliations include premium receivable, claims payable, IPT payable, UPR and DAC, Gross IBNR, Reinsurance payables and receivables;
- Data quality improvements in the resolution of reconciling items;
- Identification of improvements in process or journals that should be considered by entity owners;
- Ensure compliance with the finance SOX and management controls;
- Assist with process improvements across the finance division using automation;
- Assist projects and the key steps of scoping, build and testing of new automated reconciliations utilising the latest market leading technologies;
- Liaise with external and internal auditors in respect of these reconciliations;
- Liaise with other stakeholders across the business and be proactive in problem solving and process improvement in a collaborative way.
- Business process and control knowledge;
- Excellent attention to detail;
- Proactive with problem-solving skills;
- A team player with the ability to be "hands on";
- High competence in Excel;
- Work ethic and the ability to take initiative and work without supervision;
- Excellent verbal and written communication skills;
- Knowledge of Workday General Ledger preferable but not essential.
- University degree.
- Prior insurance experience preferred;
- Internal controls experience preferred.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.
Finance Analyst in Manchester employer: Arch Capital Group
Contact Detail:
Arch Capital Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the finance industry, especially those working at companies you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by practising common finance analyst questions. We recommend role-playing with a friend or using online resources to get comfortable with your answers. Confidence is key!
✨Tip Number 3
Show off your skills! If you've worked on any relevant projects or have experience with tools like Excel or Workday, be ready to discuss them in detail. Real-life examples can make you stand out.
✨Tip Number 4
Don't forget to apply through our website! It's the best way to ensure your application gets noticed. Plus, you'll be part of our talent community, which means more opportunities coming your way.
We think you need these skills to ace Finance Analyst in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Analyst role. Highlight relevant experience, especially in technical reconciliations and process improvements. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how you can contribute to our collaborative culture. Let us know what makes you tick!
Showcase Your Problem-Solving Skills: In your application, give examples of how you've tackled complex business problems in the past. We love proactive thinkers who can drive optimisation and improve processes, so don’t hold back!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Arch Capital Group
✨Know Your Numbers
As a Finance Analyst, you'll be dealing with technical reconciliations and financial data. Brush up on your knowledge of UK and US GAAP, and be ready to discuss how you've handled similar tasks in the past. This shows you’re not just familiar with the concepts but can apply them practically.
✨Showcase Your Problem-Solving Skills
The role requires proactive problem-solving abilities. Prepare examples of how you've identified process improvements or resolved complex issues in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Excel is Your Best Friend
High competence in Excel is crucial for this position. Be prepared to discuss your experience with Excel functions, data analysis, and any automation tools you've used. If possible, bring examples of reports or analyses you've created to demonstrate your skills.
✨Communicate Effectively
Excellent verbal and written communication skills are essential. Practice explaining complex financial concepts in simple terms, as you may need to liaise with various stakeholders. Consider preparing a brief presentation on a relevant topic to showcase your communication prowess.