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- Tasks: Lead a team in accurate ledger reporting and process improvements in life insurance accounting.
- Company: Join Phoenix Group, a leading FTSE 100 long-term savings and retirement business.
- Benefits: Enjoy a competitive salary, generous bonus, private medical cover, and 38 days annual leave.
- Why this job: Make a real impact while working towards net zero by 2050 in a supportive environment.
- Qualifications: Fully qualified accountant with experience in life insurance and team leadership.
- Other info: Flexible working options available; we value diversity and welcome all applicants.
The predicted salary is between 62000 - 80000 £ per year.
Job Type: Permanent – Specialist Band 1
Location: Birmingham, Edinburgh, Telford or London offices - Hybrid, up to 3 days per week in the office
Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Closing Date: Wednesday 18th February
Salary and benefits: £62,000 - £80,000 per annum (dependant on experience) plus 16% bonus up to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
Who are we?
We want to be the best place that any of our 6,600 colleagues have ever worked. We’re Phoenix Group, we’re a long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.
The Role
We’re looking for a Life Insurance Senior Accountant to join our new Accounting Operations Centre. In this leadership role, you’ll work closely with your manager and peers to drive accurate and timely ledger reporting for policyholder balances, oversee the activities of our customer outsourcers, implement ongoing regulatory change and drive process improvements that make a real impact.
What you’ll do:
- Ensure quality and completeness of policyholder ledger data across all entities.
- Oversee outsourcer performance and challenge SLAs/KPIs for better delivery.
- Own manual journal postings and reduce reliance on manual processes.
- Collaborate across teams to improve data feeds, automate controls, and accelerate ledger close.
- Lead and develop your team, fostering a culture of continuous improvement.
What we’re looking for:
- Fully qualified accountant.
- Operational experience in industry, in financial services/policyholder accounting.
- Strong knowledge of life insurance accounting and change delivery.
- Must have managed outsourcers to deliver key strategic goals.
- Must have a proven track record leading and developing a team.
- Excellent stakeholder management.
- Experience managing BAU alongside transformation initiatives.
We want to hire the whole version of you. We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you. If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. We’re reviewing applications as they come in, so apply early to avoid missing out.
Senior Accountant (Life Insurance) in Telford employer: Phoenix Group Holdings
Contact Detail:
Phoenix Group Holdings Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Accountant (Life Insurance) in Telford
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online groups, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interviews by researching the company and practising common interview questions. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. Show them how your experience aligns with their needs, especially in life insurance accounting!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a great way to express your appreciation and reiterate your interest in the role. We believe this small gesture can make a big difference in leaving a lasting impression.
✨Apply Through Our Website
Make sure to apply directly through our website for the best chance of landing that Senior Accountant role! We’re always on the lookout for passionate candidates, and applying directly helps us keep track of your application more efficiently.
We think you need these skills to ace Senior Accountant (Life Insurance) in Telford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Accountant role. Highlight your experience in life insurance accounting and any leadership roles you've had. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your operational experience and any relevant achievements.
Showcase Your Team Leadership: Since this role involves leading a team, don’t forget to showcase your leadership experience. Share examples of how you've developed teams and driven improvements in past roles. We love seeing candidates who can inspire others!
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s super easy, and you’ll be able to keep track of your application status. Plus, we review applications as they come in, so don’t wait too long!
How to prepare for a job interview at Phoenix Group Holdings
✨Know Your Numbers
As a Senior Accountant, you’ll need to be on top of your game with financial data. Brush up on key metrics related to life insurance accounting and be ready to discuss how you've managed policyholder balances in the past. This shows you’re not just familiar with the numbers but can also drive accurate reporting.
✨Showcase Leadership Skills
You’ll be leading a team, so prepare examples that highlight your leadership style. Think about times when you’ve developed team members or improved processes. Be ready to discuss how you foster a culture of continuous improvement and how you’ve managed outsourcers to achieve strategic goals.
✨Understand Regulatory Changes
Regulatory change is a big part of this role. Familiarise yourself with recent changes in the life insurance sector and be prepared to discuss how you’ve implemented these changes in previous roles. This will demonstrate your proactive approach and understanding of the industry landscape.
✨Engage with Stakeholders
Stakeholder management is crucial for this position. Prepare to talk about your experience collaborating across teams and managing relationships with various stakeholders. Highlight specific instances where your communication skills led to successful outcomes, as this will show you can navigate complex environments effectively.