At a Glance
- Tasks: Manage insurance accounting, reconciliations, and support finance projects in a dynamic environment.
- Company: Fast-growing specialty insurance MGA in the heart of London.
- Benefits: Competitive salary, bonus, study support, and clear career progression.
- Other info: Opportunity for significant influence and career growth as the business expands.
- Why this job: Join at an exciting time and shape the future of finance in a growing company.
- Qualifications: Experience in insurance accounting and strong Excel skills required.
The predicted salary is between 50000 - 60000 £ per year.
A fast-growing specialty insurance MGA is looking for a hands-on Accountant to join its finance function at an exciting point in its development. This isn't a steady-state role; it's a genuine opportunity to help build something, with all the variety and visibility that comes with it.
The role
Reporting directly to the Financial Controller, you'll cover the full breadth of insurance accounting: premiums, commissions, IPT, FX, bordereaux reconciliation, month-end close and balance sheet recs. Alongside the core accounting work, you'll be involved in process development, systems improvement and finance projects as the business scales.
If you're someone who wants to understand how a finance function fits together and contribute to making it better, this is that kind of role.
What you'll be doing:
- Insurance accounting across GWP, commissions, fees and claims within an MGA structure
- Reconciling and reviewing premium bordereaux from brokers and coverholders
- Month-end close: journals, accruals, BS recs and variance commentary
- Supporting AP/AR: supplier invoices, broker statements, insurer settlements and credit control
- Contributing to process documentation and systems improvements as the business moves beyond its current platforms
- Supporting audit prep and ad-hoc finance projects
What they're looking for:
- Solid experience in an MGA or insurance broker environment; this is the key requirement
- Broad finance experience covering transactional accounting through to month-end
- Part-qualified (ACCA/ACA/CIMA) or qualified by experience
- Strong Excel skills and a practical approach to systems and data
- Someone comfortable operating in a growing, evolving environment where not everything is fully defined yet
- USGAAP experience is a bonus, not a dealbreaker
Why it's worth a look:
Study support is on the table, there's a clear path to Senior Accountant, and you'll have genuine influence on how the finance function develops. This is a well-backed business with serious growth ambitions; the person who joins now will be well placed as that growth continues.
If this sounds like the right next step, get in touch.
Insurance Accountant in London employer: Asset Resourcing Limited
Join a dynamic and fast-growing specialty insurance MGA in the heart of the City of London, where you will have the opportunity to shape the finance function and contribute to exciting projects. With a supportive work culture that prioritises employee growth through study support and clear career progression to Senior Accountant, this role offers a unique chance to make a meaningful impact in a thriving environment. Embrace the challenge of a developing role that promises variety, visibility, and the chance to be part of something significant as the company scales.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Accountant in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Asset Resourcing Limited). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Asset Resourcing Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Insurance Accountant in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Asset Resourcing Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Asset Resourcing Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Asset Resourcing Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Asset Resourcing Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Asset Resourcing Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Asset Resourcing Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
