At a Glance
- Tasks: Bridge Finance and Data teams, ensuring accurate financial data and improving processes.
- Company: Polo Managing Agency, a dynamic player in the Lloyd’s market.
- Benefits: Competitive salary, flexible working, private health insurance, and generous leave options.
- Other info: Remote role with opportunities for career growth and involvement in innovative projects.
- Why this job: Join a forward-thinking team and make a real impact in finance and data.
- Qualifications: Knowledge of insurance accounting and strong Excel skills required.
The predicted salary is between 40000 - 50000 £ per year.
Polo Managing Agency (PMA) is a third-party managing agency operating within the Lloyd’s market, supporting syndicates on behalf of third-party capital providers. As the business continues to grow, there has been significant investment in financial systems and data capabilities, particularly through the development of a Data Warehouse (DWH). This role will act as a key link between Finance and the Data team, supporting both business-as-usual processes and ongoing development of the DWH. The position will play a critical role in ensuring the integrity of financial data, supporting syndicate reporting, and driving improvements in processes and controls. This is a remote role, with some visits to the London office periodically.
Key Responsibilities
- Liaise between Data Team and Finance Team.
- Check calculations of Gross written and earned premium (and associated acquisition costs) as performed by the DWH.
- Identify errors in calculations and any required manual adjustments required for the close process.
- Identify any control weaknesses to the process and recommend improvements.
- Assist implementing the DWH new syndicates including implementing new writing and earnings patterns.
- Establish and document effective controls over process and data in the DWH and downstream into Finance modules (post DWH calculations currently in Excel).
- Develop exception reporting using AI where appropriate.
- Identify and assist in developing new calculations in the DWH e.g. switching-to-signed.
- Identify and test reports from the DWH as required by PMA on behalf of third-party syndicates.
- Help developing use of AI where appropriate to reduce reliance on Excel use downstream of DWH e.g. Data exception reporting.
Skills, Knowledge and Expertise
- Knowledge of Insurance accounting.
- Experience in working in a project environment.
- Ability to liaise with people of different levels and experience and skill-sets e.g. IT, Data, Finance, Actuarial.
- Good reconciliation skills.
- Methodical work practices.
- Experience in dealing with large volumes of data and excellent Excel skills.
- Good written and verbal communication skills.
- Knowledge of AI or a willingness to learn and share knowledge to help modernize processes and implement the benefits of technological change.
- Demonstrates behaviours aligned to the PoloWorks PRIDE values: Pioneering, Responsible, Inclusive, Delivery Focused, Empowering.
Benefits
As well as a competitive salary, discretionary annual bonus, and a minimum 26 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay. You will also have access to company volunteering days, an Electric Vehicle (EV) leasing scheme, an employee assistance programme with retail discounts and savings, a generous employee referral scheme and regular sports and social events.
Finance Operations Accountant (12mth FTC) in London employer: PoloWorks
Polo Managing Agency (PMA) is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary alongside a comprehensive benefits package including flexible hybrid working, private health insurance, and generous leave options. With a strong commitment to innovation and inclusivity, PMA fosters a collaborative work culture where employees are empowered to contribute to meaningful projects, particularly in the evolving landscape of financial data management within the Lloyd's market.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Operations Accountant (12mth FTC) in London
✨Tip Number 1
Network like a pro! Reach out to people in the finance and data sectors, especially those who work at PMA or similar companies. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for your interview by brushing up on your knowledge of insurance accounting and the DWH. Show us you know your stuff and can talk the talk about how you’d improve processes and controls.
✨Tip Number 3
Don’t forget to showcase your Excel skills! Bring examples of how you've dealt with large volumes of data and any cool AI projects you've worked on. We love seeing practical applications!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in being part of our team at PMA.
We think you need these skills to ace Finance Operations Accountant (12mth FTC) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Finance Operations Accountant. Highlight your experience with insurance accounting and any relevant projects you've worked on. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about this role and how you can contribute to our team. Don’t forget to mention your knowledge of AI and how it can modernise processes.
Showcase Your Communication Skills:Since this role involves liaising between teams, it's crucial to demonstrate your written and verbal communication skills. Use clear and concise language in your application to show us you can communicate effectively across different levels.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at PoloWorks
✨Know Your Numbers
As a Finance Operations Accountant, you'll be dealing with calculations and data integrity. Brush up on your knowledge of insurance accounting and be ready to discuss how you would check calculations of gross written and earned premiums. Show them you can spot errors and suggest improvements!
✨Showcase Your Communication Skills
This role requires liaising between the Data Team and Finance Team, so practice articulating complex financial concepts in simple terms. Prepare examples of how you've successfully communicated with different teams in the past, especially in project environments.
✨Demonstrate Your Methodical Approach
The job calls for methodical work practices, so be prepared to discuss your approach to managing large volumes of data. Share specific examples of how you've established effective controls over processes and data in previous roles, particularly if you've worked with Excel or data warehouses.
✨Embrace Technology and AI
With a focus on modernising processes, show your willingness to learn about AI and how it can improve reporting and reduce reliance on Excel. Bring up any relevant experience you have with technology in finance, and express your enthusiasm for driving improvements through innovation.
