Delegated Authority Accountant
Delegated Authority Accountant

Delegated Authority Accountant

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage delegated accounts, perform reconciliations, and analyse financial data.
  • Company: Leading insurance firm known for innovation and excellence.
  • Benefits: Permanent position with competitive salary and career development opportunities.
  • Why this job: Join a dynamic team and make a real impact in the insurance industry.
  • Qualifications: Experience in delegated authority insurance and strong interpersonal skills.
  • Other info: Opportunity to work with industry experts and enhance your financial acumen.

The predicted salary is between 36000 - 60000 £ per year.

Delegated Authority Accountant

Are you an experienced Credit Controller/Technical accountant?

If so, read on! Our esteemed client, a pioneer in the insurance industry, is seeking a diligent and knowledgeable Delegated Authority Accountant to join their finance team on a permanent basis.

Role and Responsibilities:

  • Efficiently manage the delegated accounts to ensure they are compliant with relevant regulations.
  • To perform monthly reconciliations of premium and claims bordereaux.
  • Regular analysis and reporting on financial data related to delegated authorities.
  • Work closely with internal stakeholders to enhance financial transparency and accuracy.
  • Maintain up-to-date knowledge of industry changes and impacts on delegated processes.
  • Plan, implement, and monitor the financial processes for insurance transactions under delegated authority.
  • Key Skills:

  • Strong knowledge of Delegated Authority insurance and the terminologies used, across all lines of business.
  • Good interpersonal skills – comfortable with phone & face to face discussions with customers, underwriters, brokers & other internal technical staff.
  • Aptitude for using financial software and platforms relevant to the insurance industry.
  • A good working knowledge and experience of working with Xchanging and London market / subscription market
  • Delegated Authority Accountant employer: Oliver James

    Join a leading player in the insurance industry that values expertise and fosters a collaborative work environment. As a Delegated Authority Accountant, you will benefit from a supportive culture that prioritises employee growth through continuous learning opportunities and professional development. Located in a vibrant area, our company offers competitive benefits and a commitment to maintaining a healthy work-life balance, making it an excellent choice for those seeking meaningful and rewarding employment.
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    Contact Detail:

    Oliver James Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Delegated Authority Accountant

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for a Delegated Authority Accountant role. You never know who might have the inside scoop on job openings or can put in a good word for you.

    ✨Tip Number 2

    Prepare for interviews by brushing up on your knowledge of delegated authority insurance. Be ready to discuss how your experience aligns with the role's requirements, especially around compliance and financial processes. We want you to shine!

    ✨Tip Number 3

    Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the position.

    ✨Tip Number 4

    Apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and genuinely interested in joining the team.

    We think you need these skills to ace Delegated Authority Accountant

    Credit Control
    Technical Accounting
    Regulatory Compliance
    Monthly Reconciliation
    Financial Analysis
    Reporting Skills
    Interpersonal Skills
    Communication Skills
    Financial Software Proficiency
    Xchanging Knowledge
    London Market Experience
    Subscription Market Understanding
    Stakeholder Engagement
    Insurance Industry Knowledge

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights your experience as a Credit Controller or Technical Accountant. We want to see how your skills align with the role of a Delegated Authority Accountant, so don’t be shy about showcasing relevant achievements!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your knowledge of delegated authority insurance and how you can contribute to our finance team’s success.

    Showcase Your Interpersonal Skills: Since this role involves working closely with various stakeholders, make sure to highlight your interpersonal skills in your application. We love candidates who are comfortable engaging with customers, underwriters, and brokers!

    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 don’t miss out on any important updates during the process!

    How to prepare for a job interview at Oliver James

    ✨Know Your Numbers

    Make sure you brush up on your financial knowledge, especially around delegated authority insurance. Be ready to discuss specific terminologies and processes, as this will show your expertise and confidence in the field.

    ✨Showcase Your Communication Skills

    Since the role involves liaising with various stakeholders, practice articulating your thoughts clearly. Prepare examples of past interactions with customers, underwriters, or brokers that highlight your interpersonal skills.

    ✨Familiarise Yourself with Financial Software

    Get comfortable with the financial software mentioned in the job description, particularly Xchanging. If you have experience with similar platforms, be prepared to discuss how you've used them effectively in previous roles.

    ✨Stay Updated on Industry Changes

    Research recent developments in the insurance industry that could impact delegated authority processes. Being able to discuss these changes during your interview will demonstrate your commitment to staying informed and proactive.

    Delegated Authority Accountant
    Oliver James
    Location: City of London
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    • Delegated Authority Accountant

      City of London
      Full-Time
      36000 - 60000 £ / year (est.)
    • O

      Oliver James

      50-100
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