At a Glance
- Tasks: Support financial statements and regulatory submissions in a dynamic insurance environment.
- Company: Join Munich Re, a leading Primary Specialty Insurance provider with a supportive culture.
- Benefits: Full ACA/ACCA sponsorship, competitive salary, and flexible hybrid working.
- Why this job: Gain hands-on experience and make an impact in the finance sector.
- Qualifications: Recent graduate in Accounting, Finance, or related field with strong Excel skills.
- Other info: Diversity and inclusion are at our core, fostering innovation and growth.
The predicted salary is between 28800 - 48000 £ per year.
At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.
We are looking for a Graduate Financial Accountant to join our London office on a full-time basis with hybrid working. As a Graduate Financial Accountant, you will join our Finance team and support the preparation of financial statements, regulatory submissions, and internal reporting. This is a hands-on role offering exposure to the full financial accounting cycle within a dynamic insurance environment.
Key Responsibilities- Assist in the preparation of monthly, quarterly, and annual financial statements under UK GAAP and IFRS
- Support the reconciliation of general ledger accounts and sub-ledgers
- Help ensure compliance with Lloyd’s and FCA regulatory requirements
- Participate in internal and external audits
- Contribute to process improvements and automation initiatives
- Collaborate with actuarial, underwriting, and claims teams to ensure accurate financial data
- A recent graduate (or final-year student) in Accounting, Finance, Economics, or a numerate discipline
- Strong attention to detail and a methodical approach to problem-solving
- Excellent Excel skills; familiarity with accounting systems is a plus
- Strong communication and interpersonal skills
- A genuine interest in financial reporting and the insurance industry
- Commitment to pursuing a professional accounting qualification (e.g., ACA, ACCA)
- Full sponsorship and support for ACA/ACCA qualification
- Structured training and development programme
- Mentorship from qualified accountants and finance leaders
- Hybrid working model and flexible hours
- Competitive salary, pension, and benefits package
- Opportunities to progress within the finance function
Diversity, Equity & Inclusion: At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
Learning and innovating today, striving for sustainable societies and business tomorrow: At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.
Benefits- 25 days Annual Leave + Bank Holidays
- 10% Non-contributory Pension
- Eligibility for an Annual Bonus
- Private Medical + Dental Insurance
- Critical illness insurance + Life Assurance + Permanent Health Insurance
- Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
- Electric Vehicle Salary Sacrifice Scheme
- Study & continuing Professional Development Support
- Hybrid Working + IT Home Set-up Support
Graduate Financial Accountant employer: Münchener Rückversicherungs-Gesellschaft
Contact Detail:
Münchener Rückversicherungs-Gesellschaft Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Graduate Financial Accountant
✨Tip Number 1
Network like a pro! Reach out to alumni from your university or professionals in the finance industry. A friendly chat can lead to valuable insights and even job leads. Don’t be shy; people love sharing their experiences!
✨Tip Number 2
Get your LinkedIn game on point! Make sure your profile is up-to-date, showcasing your skills and interests in financial accounting. Join relevant groups and engage with posts to get noticed by potential employers.
✨Tip Number 3
Practice your interview skills! Mock interviews with friends or mentors can help you feel more confident. Focus on articulating your passion for finance and how you can contribute to a team like Munich Re’s.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Munich Re. Don’t miss out on this opportunity!
We think you need these skills to ace Graduate Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Graduate Financial Accountant role. Highlight relevant coursework, projects, or internships that showcase your skills in accounting and finance. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your genuine interest in financial reporting and the insurance industry. Let us know why you’re excited about this opportunity at Munich Re and how you can contribute to our team.
Showcase Your Skills: Don’t forget to highlight your Excel skills and any familiarity with accounting systems. We love candidates who are detail-oriented and methodical, so give us examples of how you've demonstrated these traits in your studies or previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and keep track of all the amazing candidates like you who are eager to join our team!
How to prepare for a job interview at Münchener Rückversicherungs-Gesellschaft
✨Know Your Numbers
As a Graduate Financial Accountant, you'll be dealing with financial statements and regulatory submissions. Brush up on your knowledge of UK GAAP and IFRS standards before the interview. Being able to discuss these concepts confidently will show that you're serious about the role.
✨Excel Like a Pro
Strong Excel skills are a must for this position. Make sure you’re comfortable with functions, pivot tables, and data analysis tools. You might even want to prepare a few examples of how you've used Excel in your studies or previous roles to demonstrate your proficiency.
✨Show Your Curiosity
The company values curiosity, so come prepared with questions about their processes and culture. Ask about their approach to process improvements and automation initiatives. This not only shows your interest but also aligns with their ambition to foster a bold and curious environment.
✨Highlight Teamwork Skills
Collaboration is key in this role, especially when working with actuarial, underwriting, and claims teams. Be ready to share examples of how you've successfully worked in teams during your studies or internships. This will demonstrate your interpersonal skills and ability to contribute to a supportive work environment.