Accounts Assistant, Central Fund in Chatham

Accounts Assistant, Central Fund in Chatham

Chatham Entry level 30000 - 40000 £ / year (est.) No working from home possible
CO1001 Corporation of Lloyd’s

At a Glance

  • Tasks: Maintain financial records and support management accounting in a global insurance marketplace.
  • Company: Join Lloyd’s, the world’s leading insurance and reinsurance marketplace.
  • Benefits: Gain exposure to international finance and work with experienced professionals.
  • Other info: Opportunity for professional growth and involvement in finance transformation projects.
  • Why this job: Kickstart your accounting career in a dynamic and globally recognised organisation.
  • Qualifications: Experience in management accounting and strong Excel skills required.

The predicted salary is between 30000 - 40000 £ per year.

Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together the world’s leading risk takers to advance global progress.

Our strategy focuses on delivering strong underwriting performance, operating an efficient marketplace, and maximising the capital advantage of the Lloyd’s market.

We take the risk, own the outcome, and work across our global network to turn insight into impact.

We’re looking for an Accounts Assistant to join our Financial Accounting team.

This is an opportunity to build your accounting career in a globally recognised organisation, gaining exposure to statutory reporting, management accounting and financial controls within a complex international environment.

Based in Chatham, you’ll work closely with experienced finance professionals and play a key role in delivering accurate, timely financial information.

Responsibilities

  • Maintain financial records and prepare balance sheet reconciliations, ensuring issues are resolved promptly.
  • Support monthly management accounting, budgeting and forecasting activities.
  • Assist with the preparation of statutory accounts and external financial reporting requirements.
  • Work with internal and external auditors and build relationships with stakeholders across finance, tax, actuarial and international teams.
  • Contribute to process improvement initiatives and finance transformation projects.
  • Provide support across the wider Financial Accounting team when needed.

Qualifications

  • Experience supporting management accounting and financial reporting activities.
  • Knowledge of accounting principles, including exposure to IFRS and UK GAAP.
  • Strong Excel skills and confidence using finance systems.
  • Excellent organisation skills and attention to detail.
  • The ability to build effective relationships and communicate with both finance and non-finance colleagues.
  • Either studying towards a recognised accountancy qualification or qualified through experience.
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Accounts Assistant, Central Fund in Chatham employer: CO1001 Corporation of Lloyd’s

At CO1001 Corporation of Lloyd’s, we pride ourselves on being an exceptional employer that fosters a culture of collaboration and continuous improvement. Our hybrid working model allows for flexibility, while our comprehensive benefits package, including healthcare and generous pension contributions, ensures that our employees feel valued and supported in their professional growth. Join us to be part of a dynamic team dedicated to enhancing the insurance market oversight in a rewarding and meaningful way.

CO1001 Corporation of Lloyd’s

Contact Details:

CO1001 Corporation of Lloyd’s Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Accounts Assistant, Central Fund in Chatham

Dive into Insurance Networking Events

Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!

Join Online Insurance Communities

Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.

Leverage University Resources

If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!

Apply Directly Through Us!

Don't forget to check our website for any entry-level openings at CO1001 Corporation of Lloyd’s! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.

We think you need these skills to ace Accounts Assistant, Central Fund in Chatham

Financial Accounting
Statutory Reporting
Management Accounting
Budgeting
Forecasting
Balance Sheet Reconciliation
IFRS

Some tips for your application 🫡

Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!

Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.

Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with CO1001 Corporation of Lloyd’s!

Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!

How to prepare for a job interview at CO1001 Corporation of Lloyd’s

Know Your Basics: The Insurance Fundamentals

Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.

Prepare for Behavioural Questions

Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.

Show Enthusiasm for Learning

As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like CO1001 Corporation of Lloyd’s want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.

Research Industry Trends

Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.