At a Glance
- Tasks: Support financial reporting and reconciliation processes in a dynamic finance team.
- Company: Join MS Amlin, a leading (re)insurer with a collaborative culture.
- Benefits: Competitive salary, performance bonus, hybrid working, and employee benefits.
- Other info: Flexible working model with opportunities for career growth and development.
- Why this job: Gain hands-on experience in finance while contributing to impactful projects.
- Qualifications: Studying towards ACA, ACCA, CIMA or equivalent accounting qualification.
The predicted salary is between 56250 - 68750 £ per year.
To provide support to the Financial Accountant and the Syndicate Finance Operations team to ensure the monthly and quarterly reporting processes operate in an efficient, controlled and timely manner. The role consists of the control and reconciliation of the Oracle ledger and assistance with the daily workflow processes. The key areas of responsibility are the transactions originating from Subscribe 2000, ensuring underwriting transactions are correctly recorded, cash transactions are either paid or received and anomalies are challenged with the relevant departments.
About The Job
- Maintain subledgers, ensuring accurate postings and reconciliations of balance sheet accounts during the monthly and quarterly ledger close cycles and assist to perform balance sheet substantiation procedures.
- Reconcile underwriting figures between Subscribe 2000 and Oracle.
- Prepare standard accounting journals such as IPT adjustments and entries to clear and maintain the subledgers.
- Assist to perform analytical reviews to create insights over financial accounts that will support the result over the reporting period.
- Remain up to date with IFRS and UK GAAP accounting requirements to ensure that transactions are properly recorded.
- Contribute to the documentation of processes, risks and controls.
- Contribute to process improvement and system enhancements within the finance function and become involved in ad hoc change and transformation projects as they arise.
- Support the wider UK Operations team in the production of deliverables, most common during quarterly reporting.
- Assist the Settlement Working Group by obtaining reports from other departments (incl. Credit Risk, Payments, Treasury, Syndicate Finance), arranging monthly meetings with representatives from other departments, challenge and discuss suspected breaches; maintain action log and escalations.
- Co‑ordinate information to assess if breached any premium trust rules of premium trust bank accounts.
You’re Going to Enjoy This Job If You Are:
- Have a Problem‑solving mind‑set with critical thinking ability.
- Be a motivated, dynamic individual looking to set high standards and deliver.
- Embrace change and continuous improvement.
- Enjoy a collaborative working environment.
- Demonstrate a high degree of attention to detail and accuracy.
What You’ll Need:
Essential
- Working towards ACA, ACCA, CIMA or equivalent accounting qualification.
- Understanding of financial accounting.
- Demonstrate evidence of interpreting and manipulating data clearly and accurately.
- Proven track record of working in a deadline driven environment.
- Good organisational skills including effective scheduling, prioritisation and time management skills.
- Proficiency in financial software (Microsoft Excel, accounting systems and ERP).
- Good communication skills to articulate insights.
- Excellent analytical skills.
- Strong controls and reconciliations experience.
Desirable
- Understanding of the Lloyd’s Market and Service Companies.
- Experience with using Oracle general ledgers.
- Experience of Subscribe 2000.
- Experience with or interest in automation of finance processes to meet accelerated timetables.
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin.
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd's of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution‑driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
DE&I at MS Amlin
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works.
Assistant Accountant (12 month FTC) employer: msamlin
MS Amlin is an excellent employer, offering a dynamic and collaborative work environment in the heart of London. With a strong focus on employee growth, we provide opportunities for professional development while embracing a hybrid working model that promotes flexibility. Our commitment to diversity and inclusion ensures that every team member feels valued and empowered to contribute to meaningful projects within the (re)insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Accountant (12 month FTC)
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
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We think you need these skills to ace Assistant Accountant (12 month FTC)
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
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Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at msamlin. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give msamlin confidence in your short-term commitment to the role.
How to prepare for a job interview at msamlin
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with msamlin.
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Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
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For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure msamlin that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
