At a Glance
- Tasks: Prepare financial reports and support audit processes in the insurance sector.
- Company: Dynamic insurance firm with a hybrid working model.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Enjoy a collaborative culture with a focus on career development.
- Why this job: Join a leading company and enhance your accounting skills in a supportive environment.
- Qualifications: Fully qualified accountant with experience in non-life insurance preferred.
The predicted salary is between 40500 - 49500 £ per year.
(Insurance) Financial Reporting Accountant
This opportunity would be ideal for a newly qualified accountant, who has existing insurance expereince. Whether that be from Audit or Industry.
- Role and Responsibilities
- Prepare statutory reporting in accordance with Generally Accepted Accounting Principles.
- Support the production of the annual UK GAAP financial statements and quarterly board papers.
- Responsible for provision of information for the audit process ensuring reconciliations and samples are provided.
Ensure the financial statements are signed off within the agreed timeline.
- Assist with quarterly US GAAP reporting and analysis
- Assist in the preparation of the annual Solvency UK SFCR
- Take ownership of the quarterly balance sheet reconciliation process
- Key Skills
- Fully qualified accountant (ACA/CIMA/ACCA or equivalent) with experience in non-life insurance sector is desirable for this role.
- Detailed knowledge and experience of UK Financial, Regulatory and preferably Solvency UK reporting.
Client operates a hybrid working model and is in office 2-3 days.
(Insurance) Financial Reporting Accountant in London employer: Oliver James Group
As a leading player in the insurance sector, our client offers a dynamic work environment that fosters professional growth and development. Employees benefit from a comprehensive range of perks, including competitive salaries, robust training programmes, and a strong emphasis on work-life balance. The collaborative culture encourages innovation and allows team members to make meaningful contributions to the company's success.
StudySmarter Expert Advice🤫
We think this is how you could land (Insurance) Financial Reporting Accountant 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 Oliver James Group. 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 (Insurance) Financial Reporting Accountant in London
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 Oliver James Group.
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 Oliver James Group'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 Oliver James Group
✨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 Oliver James Group.
✨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 Oliver James Group 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 Oliver James Group 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.
