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For Companies At a Glance
- Tasks: Support finance projects and prepare financial statements for an insurance syndicate.
- Company: Join a dynamic team at Lancashire, known for its collaborative culture.
- Benefits: Enjoy a competitive salary and the chance to work on impactful projects.
- Why this job: Make a real difference in finance while developing your skills in a supportive environment.
- Qualifications: Qualified accountant with 3+ years of insurance experience and strong communication skills.
- Other info: Be part of a company that values honesty, collaboration, and positive engagement.
The predicted salary is between 55000 - 65000 £ per year.
We are seeking a highly skilled insurance accountant to work within the LSL finance team supporting Syndicate accounting, reporting and projects. Reporting to the LSL Financial Controller.
Specific Responsibilities
- Assist LSL Financial Controller with finance projects (ledger migration, Syndicates merger);
- Prepare variance analysis of technical and non-technical balances with commentaries as part of the monthly close process;
- Assist with Board reporting;
- Monitoring balance sheet reconciliations including cash matching;
- Regulatory return preparation including the Solvency UK return, US Situs, Canadian reporting, TRIA, NAIC, liquidity stress testing;
- Preparation of the interim and annual Syndicate financial statements;
- Manage and resolve audit queries;
- Review processes and suggest improvements e.g. through use of reporting tools, AI etc.
Essential Skills & Requirements
- Qualified accountant with 3+ years insurance experience (either in a line role or Audit);
- Finance systems experience such as reporting tools, AI etc would be an advantage;
- Strong communication skills, both written and verbal;
- Excellent critical thinking and problem solving skills;
- Team player, proactive, organised and accountable.
The Lancashire Way
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.
- Straight-talking: We feel empowered to share thoughts and ideas, because everyone’s voice matters.
- Collaborative: We work together towards common goals, share knowledge and support each other.
- Hard-working: We all have a stake in the company’s success and are proactive in contributing to our goals and vision.
- Responsible: We focus on achieving tangible results with consistent standards across the Group.
- Positive: We engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.
Financial/Project Accountant - Fixed Term Contract (24 months) employer: Lancashire Insurance Group
Contact Detail:
Lancashire Insurance Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial/Project Accountant - Fixed Term Contract (24 months)
✨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 researching the company culture and values. Since Lancashire values honesty and collaboration, think of examples from your past experiences that showcase these traits. Show them you’re not just a fit for the role, but for their team too!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms. Focus on articulating your experience in insurance accounting and how it aligns with the responsibilities listed in the job description.
✨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 engage directly with us.
We think you need these skills to ace Financial/Project Accountant - Fixed Term Contract (24 months)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial/Project Accountant role. Highlight your insurance experience and any relevant finance systems you've worked with. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific projects or experiences that relate to the responsibilities listed in the job description.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your written application reflects that. Keep your language clear and concise, and don’t forget to proofread for any typos or errors before hitting send!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Lancashire Insurance Group
✨Know Your Numbers
As a Financial/Project Accountant, you'll need to demonstrate your expertise in financial reporting and analysis. Brush up on key financial metrics and be ready to discuss how you've handled variance analysis or prepared financial statements in the past.
✨Showcase Your Project Experience
Since this role involves supporting finance projects like ledger migration and Syndicates merger, be prepared to share specific examples of similar projects you've worked on. Highlight your role, the challenges faced, and the outcomes achieved.
✨Communicate Clearly
Strong communication skills are essential for this position. Practice articulating complex financial concepts in simple terms. You might be asked to explain your thought process during problem-solving scenarios, so clarity is key!
✨Embrace Collaboration
The Lancashire Way emphasises teamwork and collaboration. Be ready to discuss how you've worked with others to achieve common goals. Share examples of how you’ve supported colleagues or contributed to team success in previous roles.