At a Glance
- Tasks: Manage financial reporting, ledger management, and regulatory compliance in a dynamic insurance environment.
- Company: Join a respected Lloyd's of London insurer with a strong reputation.
- Benefits: Competitive salary of £75k, plus opportunities for professional growth.
- Why this job: Make a real impact in finance while working with a leading insurance team.
- Qualifications: 5+ years in insurance finance, strong Excel skills, and attention to detail.
The predicted salary is between 75000 - 75000 £ per year.
We are looking for an experienced Insurance Accountant to join a Lloyd's of London insurer. This role will support both the management and underwriting accounts functions, playing a key part in financial reporting, ledger management, and regulatory compliance within a complex insurance environment.
This is an excellent opportunity for a finance professional with strong insurance accounting experience to work across multi-entity structures, underwriting pools, and detailed reconciliations, while contributing to process improvements and strengthening financial controls within a highly respected London Market insurer.
Management Accounts- Maintain the general ledger
- Prepare and review monthly management accounts (P&L, balance sheet reconciliations, issue resolution)
- Perform expense variance analysis
- Manage cash flow and support treasury/liquidity planning
- Oversee month-end close (accruals, prepayments, journals)
- Prepare quarter-end journals (intercompany and recurring)
- Submit quarterly VAT and annual P11D returns
- Run monthly payroll and process company/staff expenses
- Support regulatory returns, budgeting, and forecasting
- Assist with statutory audit and annual tax pack
- Maintain underwriting pool ledgers
- Prepare quarterly premium and claims bordereaux
- Produce quarterly reporting outputs
- Post journals and reconcile to policy administration systems and expenses
- Perform balance sheet and ledger reconciliations, resolving discrepancies
- Process premium receipts and claims payments; investigate variances with underwriting
- Manage multi-currency transactions and reconciliations
- Oversee debt collection and reinsurer settlements
- Prepare and issue statements to reinsuring pools
- Agree and settle bordereaux, resolving broker queries
- Support external reviews and coverholder audits
- Continual development of reporting solutions.
- Develop and improve financial controls and processes
- Ad-hoc management reporting and financial analysis
- Assist in maintaining relationship with third party providers
- 5+ years experience working in an insurance finance team
- Proficient in Microsoft Excel
- Strong attention to detail and organisational skills
- Experience of Sage 200
- Insurance accounting experience
- Ability to manage multiple tasks and deadlines effectively
Salary: £75k
Finance Manager employer: G MASS Consulting
Contact Detail:
G MASS Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance 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 financial processes and challenges, especially in the insurance sector. This will help you tailor your answers and show that you're genuinely interested in the role.
✨Tip Number 3
Practice common interview questions related to finance and insurance accounting. Think about how your experience aligns with the job description, especially around management accounts and regulatory compliance. Confidence is key!
✨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 Finance Manager role!
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your insurance accounting experience and any relevant skills that match the job description. We want to see how your background fits 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 the perfect fit for this role. Share specific examples of your experience in financial reporting and ledger management, and let us know how you can contribute to our team.
Showcase Your Skills: Don’t forget to showcase your proficiency in Microsoft Excel and any experience with Sage 200. We love seeing candidates who can manage multiple tasks and deadlines effectively, so make sure to mention those skills in your application!
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. We can't wait to hear from you!
How to prepare for a job interview at G MASS Consulting
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your expertise in financial reporting and ledger management. Brush up on key financial metrics and be ready to discuss how you've handled complex reconciliations or improved financial controls in your previous roles.
✨Showcase Your Insurance Knowledge
This role is all about insurance accounting, so make sure you highlight your experience in this area. Be prepared to talk about specific challenges you've faced in the insurance sector and how you've navigated them, especially regarding multi-entity structures and regulatory compliance.
✨Excel Skills are Key
Since proficiency in Microsoft Excel is crucial for this position, be ready to discuss your experience with it. You might even want to mention any advanced functions or tools you've used to streamline financial processes or improve reporting solutions.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around cash flow management and month-end close processes. Think of examples where you've successfully managed tight deadlines or resolved discrepancies, as these will showcase your ability to handle the demands of the role.