At a Glance
- Tasks: Join our finance team to manage accounts and ensure compliance with regulations.
- Company: Gen Re UK, a leading global reinsurance company in London.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Flat management structure promoting teamwork and open communication.
- Why this job: Make an impact in finance while working with a supportive and diverse team.
- Qualifications: Fully qualified accountant with experience in financial statements and management accounts.
The predicted salary is between 55000 - 65000 £ per year.
Gen Re UK has an excellent opportunity for a Financial Accountant based in London. The Finance team is one of Gen Re's global teams which supports all of the Gen Re companies in London, including Faraday.
Main Purpose of the Role
Working as an integral part of the London Finance Team, we are seeking a highly motivated and detail-oriented qualified accountant to join our finance team, initially focused on the management of us as a Lloyd's member and the preparation of management and statutory accounts across the Faraday Holdings Group and subsidiaries/branches, but also to provide assistance with the timely and accurate preparation of management reporting, and regulatory reporting across the Gen Re group companies managed by the London Finance team.
Key Responsibilities
- Assist in the preparation of a wider range of information and reporting completed by the team.
- Prepare and submit accurate and compliant statutory financial statements for Faraday Holdings Group including its subsidiaries/branches entities in accordance with UK GAAP, Lloyd’s standards or other applicable accounting standards.
- Ensure compliance with Lloyd’s regulations and governance frameworks.
- Oversee the reconciliation and management of the corporate member assets and corporate member and managing agent responsibilities to Lloyd’s including acting as a key liaison with Lloyd’s, custodians, and internal stakeholders on fund-related matters.
- Coordinate with external auditors, ensuring accurate and timely completion of audits and resolution of queries.
- Uphold robust financial controls and contribute to continuous improvement of finance processes.
- Contribute to finance transformation projects, system enhancements, and process automation.
- Extract data from source systems, applying appropriate adjustments transparently and providing outputs and analysis to support the submission of Information.
- Maintain and develop control checks to ensure workings are consistent and accurate with underlying data.
- Recording and inputting financial data in SAP (GL Package).
- Ensure all information and returns are prepared in a timely manner and complete for review.
- Remain up to date with changes in reporting regimes and assist with the implementation of such changes.
- Liaise with both internal and external clients.
- Prepare ad-hoc additional returns as and when required and involvement in ad-hoc projects where necessary.
- In addition to the duties listed, the jobholder is required to perform other reasonable duties (within the jobholder’s capabilities) assigned by line management.
Qualifications & Experience
- The candidate will be a fully qualified accountant (ACA, ACCA, or equivalent).
- Previous experience of producing financial statements and liaising with auditors on technical points of detail.
- Previous experience of preparing management accounts.
- Strong technical knowledge of UK GAAP and accounting principles.
- Strong analytical skills with the ability to manipulate data whilst paying particular attention to detail and accuracy.
- Must be highly organized with the ability to handle multiple priorities and operate various applications to meet tight deadlines.
- Good written and verbal communication skills.
- Ability to work in a team environment.
- Be approachable and able to convey information, ideas and viewpoints in an appropriate manner.
- Self-motivated and willing to learn.
We Offer You
- Highly professional working environment that values excellence, integrity, personal responsibility and diversity.
- Flat management hierarchy and team-based environment that promotes collaboration and free-flowing communication.
- Performance-based remuneration package commensurate with experience and qualifications.
Closing Date 15 May 2026
Our Address General Reinsurance, London Branch Corn Exchange 55 Mark Lane London, EC3R 7NE (UK)
Equal Opportunity Statement It is the continuing policy of the Gen Re Group to afford Equal Opportunity to qualified individuals without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or citizenship, sexual orientation, gender identity, or any characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
Financial Accountant employer: Faraday
Contact Detail:
Faraday Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Gen Re or similar companies. A friendly chat can sometimes lead to job opportunities that aren't even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on UK GAAP and accounting principles. We want you to be ready to showcase your strong analytical skills and attention to detail. Practice common interview questions and think about how your experience aligns with the role.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression. It shows you're genuinely interested in the position and helps keep you on their radar.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Gen Re.
We think you need these skills to ace Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight your qualifications, especially your experience with UK GAAP and financial statements, as these are key for us at Gen Re.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for our team. Share specific examples of your past experiences that align with the responsibilities listed in the job description.
Showcase Your Attention to Detail: As a Financial Accountant, attention to detail is crucial. In your application, mention instances where your meticulous nature helped improve processes or ensured compliance with regulations.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates!
How to prepare for a job interview at Faraday
✨Know Your Numbers
As a Financial Accountant, you’ll need to demonstrate your strong technical knowledge of UK GAAP and accounting principles. Brush up on these standards before the interview, and be ready to discuss how you've applied them in your previous roles.
✨Prepare for Technical Questions
Expect questions about producing financial statements and liaising with auditors. Think of specific examples from your past experience where you’ve successfully navigated these situations, and be prepared to explain your thought process.
✨Showcase Your Analytical Skills
Highlight your ability to manipulate data and pay attention to detail. You might be asked to solve a hypothetical problem or analyse a set of financial data during the interview, so practice explaining your analytical approach clearly.
✨Demonstrate Team Spirit
Since the role involves working closely with the London Finance Team and liaising with internal and external clients, be ready to share examples of how you’ve collaborated effectively in a team environment. Show that you’re approachable and can communicate ideas well.