At a Glance
- Tasks: Support financial operations in a dynamic insurance business, managing accounting and reporting tasks.
- Company: Join Fortegra Europe, a growing international insurance company with a collaborative finance team.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth in finance.
- Other info: Fast-paced environment with excellent exposure to regulated financial operations.
- Why this job: Kickstart your finance career while making a real impact in the insurance industry.
- Qualifications: AAT qualified or part-qualified accountant with strong analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
Join Fortegra Europe's finance team supporting the financial operations of a growing international insurance business. Working closely with the Financial Controller, you’ll help manage premium and claims accounting, cash reconciliations, bordereaux processing, regulatory tax reporting, and month‑end financial activities while gaining exposure to the financial operations of regulated insurance entities. Reporting to the Financial Controller, this role plays an important part in supporting the day‑to‑day financial operations of Fortegra Europe.
You’ll work across premium and claims accounting, cash management, reconciliations, regulatory reporting, and month‑end close activities, helping ensure the accuracy and integrity of financial information across multiple regulated insurance entities. This is an excellent opportunity for a part‑qualified accountant looking to build a career within the insurance industry, offering exposure to delegated authority business, bordereaux processing, indirect tax reporting, cash flow management, and financial reporting in a fast‑paced international environment.
Job Responsibilities
- Update ITD premium / claims files from bordereaux data.
- Work with the Claims team to make required Claim float Top‑Ups and monitor loss funds.
- Assist in the preparation of monthly cession statements for Fortegra Europe.
- Preparation of monthly cash reconciliation.
- Build relationships with TPAs to monitor & resolve cash queries where applicable.
- Prepare Cash Postings for Fortegra Europe Divisions (to be reviewed & posted by accountant).
- Prepare and update Monthly Cashflow Files to monitor cashflow requirements.
- Monthly Aged Debt analysis.
- Ensure timely payment of vendor invoices (communicating with US treasury).
- Support bdx processing and credit control teams.
Indirect Tax
- Preparation of IPT files for monthly / quarterly returns.
- Preparation of VAT reverse charge declaration file.
Other
- Produce a copy of the Monthly Trial Balance for Fortegra Europe.
- Quarterly balance sheet reconciliations.
- Assistance with Annual Financial Statements audits and external audits.
- Assist with ongoing systems development to build reporting suite for FEIC, FIUK & FBIC (Fortegra Europe regulated entities).
Skills & Competencies
- Highly numeric/strong analytical and problem‑solving skills.
- Strong written skills.
- Ability to work well under pressure, working accurately with attention to detail, and meeting deadlines.
- Ability to be flexible.
Knowledge & Experience Requirements
- We will consider AAT qualified candidates as well as Part Qualified (ACA, ACCA, CIMA).
- Advanced level spreadsheet skills and PC literacy.
- Partnership experience ideally with an audit practice background.
UK Finance Assistant Accountant employer: Fortegra Europe Insurance Company Ltd
Fortegra Europe is an exceptional employer that fosters a dynamic and supportive work environment, ideal for part-qualified accountants eager to advance their careers in the insurance sector. With a strong emphasis on employee growth, you will gain invaluable exposure to various financial operations while collaborating closely with experienced professionals. Located in a fast-paced international setting, Fortegra offers competitive benefits and a culture that values teamwork, innovation, and professional development.
Contact Details:
Fortegra Europe Insurance Company Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land UK Finance Assistant Accountant
✨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 Fortegra Europe Insurance Company Ltd). 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 Fortegra Europe Insurance Company Ltd. 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 UK Finance Assistant Accountant
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 Fortegra Europe Insurance Company Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Fortegra Europe Insurance Company Ltd. 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 Fortegra Europe Insurance Company Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Fortegra Europe Insurance Company Ltd 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 Fortegra Europe Insurance Company Ltd, 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 Fortegra Europe Insurance Company Ltd'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.
