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- 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, hybrid working, and wellness support.
- Why this job: Gain hands-on experience in finance while making a real impact in the insurance industry.
- Qualifications: Recent graduate in Accounting, Finance, or related field with strong Excel skills.
- Other info: Diverse and inclusive workplace with excellent career progression opportunities.
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: Munich Re
Contact Detail:
Munich Re 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 casual chat can lead to valuable insights and even job leads. Don't be shy; people love sharing their experiences!
✨Tip Number 2
Get your online presence sorted! Update your LinkedIn profile to reflect your skills and interests in financial accounting. Engage with relevant content and connect with industry leaders. It’s a great way to get noticed!
✨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 by the right people. Plus, it shows you're genuinely interested in joining our team at Munich Re. Let’s make it happen!
We think you need these skills to ace Graduate Financial Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Graduate Financial Accountant role. Highlight your attention to detail and any relevant coursework or projects that showcase your financial acumen.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about financial reporting and the insurance industry. Share specific examples of how your background makes you a great fit for our team at Munich Re.
Showcase Your Excel Skills: Since excellent Excel skills are a must, consider mentioning any relevant projects or experiences where you've used Excel effectively. If you have any certifications or courses, don’t forget to include those too!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows your initiative!
How to prepare for a job interview at Munich Re
✨Know Your Numbers
As a Graduate Financial Accountant, you'll be dealing with financial statements and regulatory submissions. Brush up on UK GAAP and IFRS standards before your 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. Familiarise yourself with functions like VLOOKUP, pivot tables, and data analysis tools. You might even want to prepare a quick example of how you've used Excel in your studies or previous roles to impress your interviewers.
✨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 shows that you’re not just interested in the job, but also in contributing to their goals.
✨Highlight Teamwork Skills
Collaboration is key in this role, especially with actuarial, underwriting, and claims teams. Be ready to share examples of how you've worked effectively in teams during your studies or internships. This will demonstrate your ability to fit into their supportive environment.
