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- Tasks: Manage insurance accounting tasks and support financial reporting in a dynamic environment.
- Company: Join a respected Lloyd’s of London insurer with a strong reputation.
- Benefits: Earn up to £50k for just 3 days of work each week.
- Other info: Opportunity to develop reporting solutions and work independently.
- Why this job: Perfect for finance pros seeking flexibility and impactful work in insurance.
- Qualifications: Experience in insurance accounting and strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
We are looking for an experienced Part-Time Insurance Accountant (3 days per week) to join a Lloyd’s of London insurer. This role will focus on underwriting and insurance accounting activities, supporting financial reporting, reconciliations, and regulatory processes within a complex London Market environment.
This is an excellent opportunity for a finance professional with London Market insurance accounting experience seeking a flexible part-time role within a highly respected insurer.
Key Responsibilities- Maintain underwriting pool ledgers and related reconciliations
- Prepare premium and claims bordereaux and 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, investigating variances with underwriting teams
- Manage multi-currency transactions and reconciliations
- Oversee debt collection and reinsurer settlements
- Prepare and issue statements to reinsuring pools
- Agree and settle bordereaux and resolve broker queries
- Support external reviews and coverholder audits
- Continual development of reporting solutions
- Assist in maintaining relationship with third party providers
- Insurance accounting experience within the Lloyd’s/London Market
- Strong underwriting/insurance accounting experience
- Experience with bordereaux, reconciliations, and multi-currency transactions
- Strong analytical and problem-solving skills
- Ability to work independently and manage deadlines in a part-time capacity
Part-time salary: up to £50k for 3 days work per week
Insurance Accountant in London employer: G MASS
Contact Detail:
G MASS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Accountant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those with ties to Lloyd’s of London. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of underwriting and insurance accounting. We recommend practising common interview questions and scenarios related to multi-currency transactions and reconciliations.
✨Tip Number 3
Showcase your analytical skills! During interviews, be ready to discuss specific examples where you’ve solved problems or improved processes in your previous roles. This will help you stand out as a candidate.
✨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 take the initiative to connect directly with us.
We think you need these skills to ace Insurance Accountant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in insurance accounting, especially within the Lloyd’s/London Market. We want to see how your skills match the job description, so don’t be shy about showcasing your relevant achievements!
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 part-time role. Share specific examples of your experience with underwriting and reconciliations that align with what we’re looking for.
Showcase Your Analytical Skills: Since strong analytical and problem-solving skills are key for this role, make sure to mention any relevant experiences where you’ve successfully tackled complex issues. We love seeing how you approach challenges!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we can’t wait to hear from you!
How to prepare for a job interview at G MASS
✨Know Your Numbers
Brush up on your insurance accounting knowledge, especially around underwriting pool ledgers and reconciliations. Be ready to discuss specific examples from your past experience that demonstrate your expertise in handling premium and claims bordereaux.
✨Showcase Your Analytical Skills
Prepare to highlight your analytical and problem-solving abilities. Think of scenarios where you resolved discrepancies or managed multi-currency transactions, and be ready to explain your thought process during the interview.
✨Familiarise Yourself with the Company
Research the insurer and understand their position within the Lloyd’s of London market. Knowing their recent developments or challenges can help you tailor your responses and show genuine interest in the role.
✨Ask Insightful Questions
Prepare thoughtful questions about the team dynamics, the tools they use for financial reporting, and how they handle external reviews. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.