Senior Financial Accountant in London
Senior Financial Accountant

Senior Financial Accountant in London

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage financial reporting and improve processes in a dynamic insurance environment.
  • Company: Join HDI, a global leader in corporate and specialty insurance.
  • Benefits: Competitive salary, career development, and a supportive team culture.
  • Why this job: Make an impact in finance while working with experienced professionals.
  • Qualifications: Qualified accountant with insurance accounting experience and strong analytical skills.
  • Other info: Opportunities for project involvement and process automation.

The predicted salary is between 48000 - 72000 £ per year.

HDI is a Corporate & Specialty Insurer part of the Talanx Group. With over 120 years of experience, HDI operates across five continents, around 40 countries and employs over 5,000 people worldwide.

We are looking for:

  • A qualified accountant with strong excel, financial control, analytical and problem-solving skills and a drive to improve processes.
  • Insurance accounting experience is essential.
  • An ambitious individual who readily takes ownership, proactively drives their career and will willingly support training of more junior team members.

Key Accountabilities

  • Regulatory Reporting (PRA)
  • Produce the Solvency UK Balance Sheet (working with the actuaries on the reporting of technical provisions and reinsurance recoverables).
  • Produce the ARTs (Solvency UK Balance Sheet plus investment breakdowns, reinsurance breakdowns, P&L, Plan, breakdown by distribution channel etc.).
  • Levy reporting information (FSCS, Flood Re, ELTO, London Fire Brigade).
  • Group Reporting
    • Quarterly group reporting pack – production and commentary of an insurance P&L by Line of Business.
    • Year on year result analysis.
    • Reinsurance split analysis.
    • Quarterly Insurance Result Production.
    • Manual profit commission calculations.
    • Balance Sheet review.
    • Investigating/fixing any issues working alongside the Business Partnering team.
    • Quarterly balance sheet reconciliations (technical and intercompany).
    • Quarterly financial controls (eg. pipeline review, negative reserve checks etc.).
    • Investigate and fix any issues.
    • Own communication with the auditor.
  • General Balance Sheet Clear-Up
    • Review / reconcile historic balances for accuracy.
  • Process Improvements
    • Automate processes where possible.
    • Ensure process notes are up to date and easy to follow.
  • Project Work
    • Variety of projects ongoing in the business would welcome further support from finance, once the individual has mastered BAU.

    Skills & Experience

    • Insurance accounting.
    • Qualified Accountant.
    • Problem-solving.
    • Data Interrogation.
    • Experience from an audit background is desirable.

    Senior Financial Accountant in London employer: HDI Global SE

    HDI is an exceptional employer that values the growth and development of its employees, offering a dynamic work culture where innovation and collaboration thrive. With a strong commitment to employee training and support, particularly for junior team members, HDI provides ample opportunities for career advancement within the insurance sector. Located in a global hub, employees benefit from a diverse and inclusive environment, making it an ideal place for those seeking meaningful and rewarding careers in finance.
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    Contact Detail:

    HDI Global SE Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Senior Financial Accountant in London

    ✨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 brushing up on your technical knowledge and problem-solving skills. Be ready to discuss your experience with regulatory reporting and process improvements. Show them you’re not just a qualified accountant, but someone who can drive change!

    ✨Tip Number 3

    Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your achievements in financial control and data interrogation. This will help you feel more confident when it’s time to shine in front of the hiring team.

    ✨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 and take ownership of their career journey. Let’s get you that Senior Financial Accountant role!

    We think you need these skills to ace Senior Financial Accountant in London

    Qualified Accountant
    Excel Skills
    Financial Control
    Analytical Skills
    Problem-Solving Skills
    Insurance Accounting Experience
    Regulatory Reporting
    Data Interrogation
    Group Reporting
    Balance Sheet Reconciliation
    Process Improvement
    Communication with Auditors
    Project Management
    Experience from an Audit Background

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Senior Financial Accountant role. Highlight your insurance accounting experience and any relevant skills like financial control and problem-solving. We want to see how you can bring value to our team!

    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 how you've improved processes or tackled challenges in previous positions. We love a proactive attitude!

    Show Off Your Excel Skills: Since strong Excel skills are a must, don’t forget to mention any advanced functions or tools you’re familiar with. If you’ve automated processes before, let us know! We appreciate candidates who can streamline our operations.

    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 out on any important updates. We can’t wait to hear from you!

    How to prepare for a job interview at HDI Global SE

    ✨Know Your Numbers

    As a Senior Financial Accountant, you'll need to demonstrate your expertise in financial reporting and analysis. Brush up on key metrics related to insurance accounting, such as Solvency II requirements and balance sheet reconciliations. Be ready to discuss how you've tackled similar challenges in previous roles.

    ✨Showcase Your Problem-Solving Skills

    Prepare examples of how you've improved processes or resolved issues in your past positions. Think about specific instances where your analytical skills made a difference, especially in regulatory reporting or financial controls. This will show that you can take ownership and drive improvements.

    ✨Familiarise Yourself with the Company

    Research HDI and the Talanx Group to understand their operations and values. Knowing their approach to insurance and any recent news can help you tailor your responses and show genuine interest. It’s also a great way to connect your experience with their needs.

    ✨Prepare for Technical Questions

    Expect technical questions related to financial accounting and reporting. Review common topics like profit commission calculations and data interrogation techniques. Practising these concepts will help you feel more confident and articulate during the interview.

    Senior Financial Accountant in London
    HDI Global SE
    Location: London
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    • Senior Financial Accountant in London

      London
      Full-Time
      48000 - 72000 £ / year (est.)
    • H

      HDI Global SE

      1000-5000
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