Finance Operations Assistant, Europe Finance Group in London

Finance Operations Assistant, Europe Finance Group in London

London Full-Time 40500 - 49500 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage cash flow, prepare forecasts, and support finance projects.
  • Company: Join Allied World, a global leader in insurance and reinsurance solutions.
  • Benefits: Career development, structured coaching, and access to learning resources.
  • Other info: Be part of a diverse team with a global presence and excellent career opportunities.
  • Why this job: Grow your finance career in a supportive and collaborative environment.
  • Qualifications: Proficiency in Excel and eagerness to learn about finance.

The predicted salary is between 40500 - 49500 £ per year.

Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.

Job Duties and Responsibilities:

  • Prepare weekly cash forecasts and manage cash flow, including identifying investment opportunities.
  • Support the preparation of quarterly and annual regulatory returns (including US and Canadian packs).
  • Liaise with Underwriters, Brokers and senior management to ensure that overdue premium is collected in a timely manner.
  • Liaise with operations and outsourced service providers to ensure the accurate processing of premium.
  • Work with detailed and complex spreadsheets to analyze and review financial data.
  • Prepare ad-hoc reports and assist finance projects and process improvements.
  • Respond to internal and external queries regarding financial data.

Qualifications:

  • Good PC skills, with proficiency in Excel.
  • The ideal candidate would be eager to develop a career in finance and grow within the department.
  • Basic insurance knowledge is advantageous, but not essential.
  • Good communication and interpersonal skills.
  • Strong time management and ability to prioritise tasks effectively.
  • Proven organisational skills with attention to detail.
  • Team player with ability to meet reporting deadlines.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

  • Instant membership in the Allied World — a global network of colleagues who will support your career journey.
  • A manager who will help you build your career through a structured coaching program.
  • Access to a full suite of learning and development tools and resources.

Global Presence

Headquartered in Bermuda, Allied World has offices in various locations worldwide. We strive to provide exceptional service to our clients and distribution partners.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, colour, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

Finance Operations Assistant, Europe Finance Group in London employer: LMA Allied World Managing Agency Limited

At Allied World, we pride ourselves on fostering a collaborative and supportive work environment where talented professionals can thrive. As a Finance Operations Assistant, you'll benefit from structured coaching, access to extensive learning resources, and the opportunity to grow your career within a global network of over 1,650 experts. Our commitment to employee development and a culture that values diverse perspectives makes us an exceptional employer in the finance sector.

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Contact Details:

LMA Allied World Managing Agency Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Operations Assistant, Europe Finance Group in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like LMA Allied World Managing Agency Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Finance Operations Assistant, Europe Finance Group in London

Communication Skills
Problem-Solving Skills
Adaptability
Organizational Skills
Time Management
Flexibility
Teamwork

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LMA Allied World Managing Agency Limited.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on LMA Allied World Managing Agency Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at LMA Allied World Managing Agency Limited

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LMA Allied World Managing Agency Limited.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at LMA Allied World Managing Agency Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former LMA Allied World Managing Agency Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.