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- Tasks: Join a dynamic team to manage financial reporting and improve accounting processes.
- Company: Be part of a leading Lloyd's insurer with a strong growth trajectory.
- Benefits: Enjoy a hybrid working environment and opportunities for career progression.
- Why this job: Make a real impact in finance while working in an inclusive and supportive culture.
- Qualifications: You need to be a qualified accountant with insurance market experience.
- Other info: Diversity is valued, and the recruitment process is inclusive.
The predicted salary is between 48000 - 72000 £ per year.
A new opportunity has arisen with the Corporate Accounts function of this leading Lloyd's insurer. With an established team and a fast growth trajectory, this is a great environment for a qualified accountant with insurance experience to join this growing team!
This wide-ranging role has duties covering:
- Production of consolidations and group reporting to the parent company
- Legal entity reporting including commentary on key movements
- UK and overseas statutory reporting
- Preparation of board papers for sign off
- Regulatory reporting including Lloyd's (e.g. QF1/AF1), UK and overseas regulators
- Development, streamlining and improvement of accounting processes and controls including intercompany and balance sheet reconciliation processes
- Support for the corporate tax returns as well as Lloyd's related submissions
- Working closely with other finance teams to conduct broker financial reviews
- Ad hoc projects
You will be a qualified accountant (ACA, ACCA, CIMA) with demonstrable experience working within the insurance market (Lloyd's or company market) either within practice or industry. It would suit technically minded accountants who are keen to really add value to the finance teams they work in.
Having worked with this firm for a number of years, I can attest to an excellent working environment where career progression is encouraged. Our client is committed to diversity in all of its forms and operates an inclusive recruitment process and has a hybrid office working environment.
Senior Accountant - Insurance employer: Insight Recruitment Solutions Limited
Contact Detail:
Insight Recruitment Solutions Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Accountant - Insurance
✨Tip Number 1
Network with professionals in the insurance sector, especially those who work at Lloyd's or similar companies. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with the latest regulatory requirements and reporting standards relevant to the insurance industry. This knowledge will not only boost your confidence but also demonstrate your commitment to staying updated in your field.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved accounting processes or controls in your previous roles. Highlighting your problem-solving skills and ability to add value will set you apart from other candidates.
✨Tip Number 4
Research the company's values and recent developments within the firm. Tailoring your conversations during interviews to reflect your alignment with their goals can significantly enhance your chances of landing the job.
We think you need these skills to ace Senior Accountant - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications (ACA, ACCA, CIMA) and relevant experience in the insurance market. Emphasise any specific roles or projects that relate to consolidations, group reporting, and regulatory reporting.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention how your skills can add value to the finance team and refer to specific duties from the job description, such as preparing board papers or improving accounting processes.
Highlight Relevant Experience: In your application, focus on your experience with legal entity reporting and statutory reporting. Provide examples of how you've successfully managed similar tasks in previous roles, especially within the Lloyd's insurance market.
Showcase Soft Skills: Don't forget to mention your soft skills, such as teamwork and communication, which are essential for working closely with other finance teams and conducting broker financial reviews. These qualities can set you apart from other candidates.
How to prepare for a job interview at Insight Recruitment Solutions Limited
✨Know Your Numbers
As a Senior Accountant, you'll need to demonstrate your expertise in financial reporting and analysis. Brush up on key accounting principles and be prepared to discuss specific examples of your experience with consolidations, statutory reporting, and regulatory compliance.
✨Showcase Your Insurance Knowledge
Since this role is within the insurance sector, make sure you highlight your experience in this field. Be ready to discuss any previous roles you've had in insurance, particularly with Lloyd's or similar markets, and how that experience has shaped your understanding of the industry.
✨Prepare for Technical Questions
Expect technical questions related to accounting processes and controls. Familiarise yourself with intercompany reconciliations and balance sheet management, as well as any recent changes in regulations that may affect the insurance industry.
✨Demonstrate Your Team Spirit
This role involves working closely with other finance teams and conducting broker financial reviews. Be prepared to discuss how you collaborate with others, resolve conflicts, and contribute to a positive team environment. Highlight any past experiences where you successfully worked in a team setting.
