At a Glance
- Tasks: Manage insurance accounting and contribute to process improvements in a growing company.
- Company: Fast-growing specialty insurance MGA based in the City of London.
- Benefits: Competitive salary, bonus potential, study support, and clear career progression.
- Other info: Dynamic environment with opportunities for personal and professional growth.
- Why this job: Join at an exciting time and influence the finance function's development.
- 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 City of London employer: Asset Resourcing
Contact Detail:
Asset Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Accountant in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to insurance accounting. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your relevant experience.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that Insurance Accountant role!
We think you need these skills to ace Insurance Accountant in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Insurance Accountant. Highlight your experience in insurance accounting, especially with premiums and bordereaux reconciliation. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about joining our fast-growing team and how you can contribute to our finance function. Let us know how your background fits into the exciting developments we have planned.
Showcase Your Excel Skills: Since strong Excel skills are a must-have, don’t forget to mention any specific projects or tasks where you've used Excel effectively. We love seeing practical examples that demonstrate your ability to handle data and systems improvements.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Asset Resourcing
✨Know Your Numbers
Make sure you brush up on your insurance accounting knowledge, especially around premiums, commissions, and bordereaux reconciliation. Being able to discuss these topics confidently will show that you understand the core responsibilities of the role.
✨Show Your Process Improvement Skills
Since this role involves process development and systems improvement, come prepared with examples of how you've contributed to similar projects in the past. Highlighting your practical approach to systems and data will set you apart.
✨Be Ready for a Dynamic Environment
This isn't a steady-state role, so be ready to discuss how you've thrived in evolving environments before. Share specific instances where you've adapted to change and contributed positively to your team or organisation.
✨Excel is Your Best Friend
Strong Excel skills are a must for this position. Be prepared to talk about your experience with Excel, including any advanced functions or tools you've used. If you can demonstrate your proficiency, it will definitely work in your favour.