Senior Accountant - Insurance

Senior Accountant - Insurance

City of London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team to handle consolidations, reporting, and regulatory submissions.
  • Company: Be part of a leading Lloyd's insurer with a fast growth trajectory.
  • Benefits: Enjoy a hybrid work environment and opportunities for career progression.
  • Why this job: Make a real impact in finance while working in an inclusive and supportive culture.
  • Qualifications: Must be a qualified accountant (ACA, ACCA, CIMA) with insurance market experience.
  • Other info: Diversity is valued, and the recruitment process is inclusive.

The predicted salary is between 43200 - 72000 £ per year.

Job Description

Senior Accountant – Insurance

An new opportunity has arisen with the Corporate Accounts function of this leading Lloyd's insurer. With an established team and with a fast growth trajectory this is great environment for a qualified accountant with insurance experience to join this growing team! This is wide ranging role has duties covering :

  • Production of consolidations and group reporting to the pa…

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Senior Accountant - Insurance employer: Insight Recruitment Solutions

Join a leading Lloyd's insurer that offers an exceptional working environment and a commitment to career progression for qualified accountants. With a focus on diversity and an inclusive recruitment process, this role not only provides the opportunity to work within a fast-growing team but also allows you to contribute to meaningful projects in a hybrid office setting. Experience a culture that values your expertise and supports your professional growth while making a significant impact in the insurance sector.
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Contact Detail:

Insight Recruitment Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Accountant - Insurance

✨Tip Number 1

Make sure to highlight your experience in the insurance sector, especially if you've worked with Lloyd's or similar companies. This will show that you understand the unique challenges and regulations of the industry.

✨Tip Number 2

Familiarize yourself with the specific regulatory reporting requirements for Lloyd's insurers, such as QF1/AF1. Being knowledgeable about these can set you apart from other candidates.

✨Tip Number 3

Demonstrate your ability to improve accounting processes and controls. Share examples of how you've streamlined operations in previous roles, as this is a key aspect of the position.

✨Tip Number 4

Network with professionals in the insurance finance sector. Attend industry events or join relevant online forums to connect with others who might provide insights or referrals for this role.

We think you need these skills to ace Senior Accountant - Insurance

Qualified Accountant (ACA, ACCA, CIMA)
Insurance Market Experience
Consolidation and Group Reporting
Legal Entity Reporting
Statutory Reporting (UK and Overseas)
Regulatory Reporting (Lloyd's, QF1/AF1)
Board Paper Preparation
Accounting Process Improvement
Intercompany Reconciliation
Balance Sheet Reconciliation
Corporate Tax Returns Support
Broker Financial Reviews
Ad Hoc Project Management
Strong Analytical Skills
Attention to Detail
Effective Communication Skills

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Senior Accountant position. Highlight the key responsibilities and required qualifications, such as experience in insurance and relevant accounting certifications (ACA, ACCA, CIMA).

Tailor Your CV: Customize your CV to reflect your experience in the insurance sector. Emphasize your skills in consolidations, group reporting, and regulatory reporting. Use specific examples that demonstrate your ability to add value to finance teams.

Craft a Compelling Cover Letter: Write a cover letter that connects your background with the requirements of the role. Discuss your experience with Lloyd's or similar markets, and express your enthusiasm for contributing to the company's growth and success.

Highlight Soft Skills: In addition to technical skills, mention your soft skills that are relevant to the role, such as teamwork, communication, and problem-solving abilities. These are crucial for working closely with other finance teams and conducting broker financial reviews.

How to prepare for a job interview at Insight Recruitment Solutions

✨Showcase Your Insurance Experience

Make sure to highlight your specific experience within the insurance market, especially if you have worked with Lloyd's or in a similar environment. Be prepared to discuss how your background aligns with the responsibilities of the role.

✨Demonstrate Technical Proficiency

As a qualified accountant, it's crucial to showcase your technical skills. Be ready to discuss your experience with consolidations, group reporting, and statutory reporting. Prepare examples that illustrate your ability to streamline accounting processes.

✨Prepare for Regulatory Questions

Since the role involves regulatory reporting, familiarize yourself with relevant regulations such as QF1/AF1. Be prepared to discuss your experience with compliance and how you've handled regulatory submissions in the past.

✨Emphasize Team Collaboration

This position requires working closely with other finance teams. Highlight your teamwork skills and provide examples of how you've successfully collaborated on projects or conducted financial reviews with brokers.

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