At a Glance
- Tasks: Join our finance team to manage financial accounting and reporting in a dynamic insurance environment.
- Company: Brown & Brown, a meritocratic company that values self-starters and customer commitment.
- Benefits: Negotiable salary, benefits package, and opportunities for career development.
- Other info: Collaborative team culture with excellent growth opportunities.
- Why this job: Make an impact in a growing international insurance group while developing your financial skills.
- Qualifications: Qualified ACA/ACCA/CIMA with insurance experience and strong financial accounting skills.
The predicted salary is between 50000 - 65000 £ per year.
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Location: London
Salary: £Negotiable + Benefits
About the Role:
We are expanding our Finance team in London to continue supporting our growing insurance businesses in the most effective way. This is an excellent opportunity to join Brown & Brown in a role that offers strong exposure across financial accounting, reporting, and controls, with excellent career development opportunities as the business continues to grow and evolve.
The Financial Accountant will play a key role in ensuring accurate financial reporting, strong balance sheet control, and compliance within a regulated insurance environment.
Key Responsibilities:
- Financial Accounting & Month-End Close: Perform the month-end close process, including preparation, review, and posting of General Ledger (GL) journal entries, including transfer of balance from RiskServe to Workday (General Ledger). Ensure all month-end journals (accruals, prepayments, reclassifications, and adjustments) are accurate, complete, and posted within close deadlines. Maintain and reconcile general ledger accounts, ensuring all financial transactions are recorded accurately and on a timely basis. Prepare and review balance sheet reconciliations, investigating and resolving reconciling items promptly.
- Financial Analysis & Reporting: Produce timely and accurate profit and loss (P&L) analysis, explaining variances against prior periods and budgets. Analyse movements in selected balance sheet accounts and provide clear commentary. Support management reporting with accurate financial data and insights.
- Compliance & Regulatory Reporting: Assist in the preparation of quarterly regulatory returns, ensuring compliance with insurance and statutory reporting requirements (FCA RMAR and Baseline resilience survey, ONS Reports, VAT). Support adherence to internal accounting policies and external regulatory standards.
- Audit & Controls: Support internal and external audits by preparing documentation, schedules, and explanations as required. Assist in maintaining strong financial controls and ensuring audit points are addressed efficiently.
- Stakeholder Management & Ad Hoc Work: Liaise with internal teams and external stakeholders, including auditors and advisors. Support ad hoc finance projects and initiatives as required across the business.
- Process Improvement: Actively contribute to strengthening the Finance function including continually identifying ways to improve processes, controls, reporting, and analysis, particularly within the month-end close and GL processes.
Key Skills & Experience:
- Qualified (ACA / ACCA / CIMA)
- Insurance experience is required to be considered for this role
- Prior experience in financial accounting
- Strong understanding of general ledger, journal processing, and month-end close.
- Experience with balance sheet reconciliations and financial analysis.
- Strong attention to detail with the ability to meet tight deadlines.
- Confident communicator with the ability to work collaboratively across teams.
- Proficiency in accounting systems and excel.
What We Offer:
- Competitive, negotiable salary and benefits package
- Exposure to a growing, international insurance group
- Career development and progression opportunities
- Collaborative and professional finance team environment
For more information please apply online or contact Dan Hurley. We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Financial Accountant in London employer: Bridge Specialty Group
As a Delegated Authority Technician in our London office, you will thrive in a meritocratic environment that champions self-starters and prioritises customer satisfaction. Our supportive work culture fosters collaboration and offers ample opportunities for professional growth, ensuring you can develop your skills while contributing to the effective management of underwriting agreements. With competitive benefits and a commitment to diversity, we provide a rewarding workplace where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accountant in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Bridge Specialty Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Accountant in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Bridge Specialty Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Bridge Specialty Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Bridge Specialty Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Bridge Specialty Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Bridge Specialty Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Bridge Specialty Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.