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- Tasks: Support insurance and reinsurance operations with accurate accounting and reporting.
- Company: Join a dynamic specialty London market underwriting business focused on growth.
- Benefits: Enjoy opportunities for professional development and a collaborative work environment.
- Why this job: Be a key player in financial decision-making and compliance while enhancing your skills.
- Qualifications: Qualified accountant with experience in insurance and reinsurance accounting preferred.
- Other info: Ideal for those passionate about finance and looking to make an impact.
The predicted salary is between 36000 - 60000 £ per year.
A growing Insurtech is recruiting a (Re)insurance Accountant to strengthen its UK finance function. In this role you will work closely with the Head of Finance and take the lead on business as usual (financial accounting, reporting and control) and project work. This will include month‐end close activity such as insurance, reinsurance, investment and expense bookings, balance sheet reconciliations, preparation of monthly P/L, balance sheet and cash flow for management accounts, all required regulatory and statutory reporting, assisting with reinsurance statements, monthly rolling forecasts using and maintaining the forecasting model, supporting the Solvency II processes, assisting with board and committee papers, and supporting ad‐hoc projects. Applicants must be finalist level / qualified accountants with relevant experience gained within a (Re)insurance environment, have a strong understanding of the Finance function including financial accounting and reporting, planning and forecasting and finance operations processes, have advanced Excel skills, and have been involved in projects previously.
As true market specialists we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice we offer tailored advice and guidance…
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(Re)insurance Accountant employer: Harrison Holgate
Contact Detail:
Harrison Holgate Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land (Re)insurance Accountant
✨Tip Number 1
Familiarise yourself with the specific terminology and concepts used in reinsurance accounting. Understanding terms like treaty and facultative arrangements will not only boost your confidence but also demonstrate your expertise during discussions.
✨Tip Number 2
Network with professionals in the insurance and reinsurance sectors. Attend industry events or join relevant online forums to connect with others in the field, which can lead to valuable insights and potential referrals for the role.
✨Tip Number 3
Brush up on your financial processing and reconciliation skills. Being able to showcase your proficiency in these areas during interviews will highlight your capability to handle the key responsibilities of the Reinsurance Accountant role.
✨Tip Number 4
Prepare to discuss examples of cross-functional collaboration from your previous roles. This will illustrate your ability to work effectively with different teams, a crucial aspect of the position at StudySmarter.
We think you need these skills to ace (Re)insurance Accountant
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Reinsurance Accountant. Familiarise yourself with key terms and concepts related to insurance and reinsurance accounting, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience you have in insurance and reinsurance accounting. Be specific about your roles and achievements, particularly in financial processing, reporting, and compliance.
Showcase Your Qualifications: If you are a qualified accountant, make sure to mention your qualifications prominently. Include any relevant certifications or training that demonstrate your expertise in financial control and analysis within the insurance sector.
Tailor Your Application: Customise your cover letter to reflect your understanding of the company's growth objectives and how your skills can contribute to their success. Mention your ability to collaborate across functions and improve processes, as these are key areas for the role.
How to prepare for a job interview at Harrison Holgate
✨Know Your Accounting Fundamentals
Make sure you brush up on your accounting principles, especially those related to insurance and reinsurance. Be prepared to discuss how these concepts apply to the role and provide examples from your past experience.
✨Understand the Industry Terminology
Familiarise yourself with key terms such as treaty and facultative arrangements, as well as various contract structures. This will not only show your knowledge but also demonstrate your commitment to the field.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think of situations where you've had to reconcile accounts or improve processes, and be ready to explain your thought process and outcomes.
✨Highlight Cross-Functional Collaboration
Since this role involves working closely with different teams, be prepared to discuss your experience in cross-functional collaboration. Share specific examples of how you've worked with others to achieve common goals in financial reporting or compliance.
