At a Glance
- Tasks: Analyse financial data and support decision-making across teams in a dynamic insurance environment.
- Company: Join Specialty MGA Group, a leading international re/insurance Managing General Agent based in London.
- Benefits: Gain global exposure, develop your finance skills, and enjoy a collaborative workplace culture.
- Other info: Opportunities for professional development and a commitment to diversity and inclusion.
- Why this job: Be part of a growing team and make a real impact in the insurance sector.
- Qualifications: Part-qualified accountant with experience in non-life insurance or reinsurance.
The predicted salary is between 45000 - 55000 £ per year.
Specialty MGA Group (SMGA) is a specialist international re/insurance Managing General Agent (MGA) headquartered in London.
We facilitate the placement of complex commercial insurance and reinsurance solutions, providing meaningful capacity to the market backed by A-rated security providers.
Operating across the UK, USA, Italy, Morocco and Hong Kong, SMGA delivers innovative and bespoke solutions across a broad range of Property & Casualty classes, including Property, Liability, Aviation & Space, Marine, Political & Credit Risk, Energy Liability, Financial Lines and Agriculture.
As part of the MNK Group, a fully independent global group of re/insurance businesses, SMGA combines entrepreneurial agility with international reach, deep market access and strong capital backing.
For more information about Specialty MGA please visit www. specialtymgauk. com
About the role
Due to continued growth and increasing international operations, we are looking to expand our Finance team with the appointment of a Management Accountant based in our London office.
The Opportunity This is an excellent opportunity for a part-qualified accountant with insurance sector experience to join a dynamic and growing business.
Reporting directly to the Finance Manager, you will play a key role in providing insightful management information, supporting financial reporting, and partnering with underwriting, claims and operational teams across the business.
The successful candidate will contribute to financial control, business performance analysis and data validation activities, while helping to strengthen reporting capabilities across multiple international jurisdictions.
Key Responsibilities
- Management Information & Analysis
- Prepare and analyse management information relating to premiums, commissions, claims and underwriting performance.
- Produce meaningful reporting to support underwriting and claims decision‑making.
- Partner with underwriting, claims and operational teams to investigate and resolve business queries.
- Assist in developing KPI dashboards and performance reporting tools for stakeholders.
- Validate underwriting contract data and ensure information captured within operational systems is complete, accurate and consistent with contractual documentation.
- Review claims data, outstanding claims balances and actuarial reserving information, identifying anomalies and trends through data analysis.
- Prepare and post non‑technical expense journals, ensuring accuracy and supporting documentation is maintained.
- Support the monthly financial close process, including general ledger reconciliations and trial balance reviews.
- Assist in the preparation of monthly Profit & Loss accounts and Balance Sheets across multiple international entities.
- Support the preparation of statutory accounts, regulatory returns and tax filings across various jurisdictions.
- Assist with the production of premium, commission and claims bordereaux for insurance and reinsurance capacity providers.
About You
- Part‑qualified accountant (ACCA, CIMA or ACA).
- Experience working within the non‑life insurance or reinsurance sector.
- Strong understanding of UK GAAP and familiarity with IFRS/IAS reporting standards.
- Ability to interpret insurance and reinsurance contracts and understand their accounting implications.
- Knowledge of insurance and reinsurance structures, including facultative, proportional and non‑proportional arrangements.
- Advanced Excel skills, including complex formulas, Pivot Tables and data analysis techniques.
- Strong analytical and problem‑solving skills, with the ability to work accurately with large volumes of data.
- Excellent communication skills and the ability to build effective relationships across the business.
- Experience supporting finance transformation initiatives or system migration projects.
- Interest in finance process improvement and automation.
- Experience developing management dashboards and KPI reporting.
- Strong attention to detail and ability to identify inconsistencies and anomalies in financial and operational data.
- Proficiency in Microsoft Word and Power Point, including the preparation of technical papers and presentations.
Why Join Us?
- Be part of a growing international specialist insurance business.
- Gain exposure to global operations across multiple jurisdictions.
- Work closely with underwriting, claims and senior management teams.
- Develop your technical and commercial finance expertise within a dynamic and entrepreneurial environment.
- Join a collaborative organisation committed to innovation, growth and professional development.
- Equal Opportunity Statement
Specialty is committed to fostering an inclusive and diverse workplace where all individuals are treated with respect and fairness.
We value diverse perspectives and believe they are fundamental to our success, enabling every employee to contribute meaningfully and reach their full potential.
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Management Accountant employer: Specialty MGA
At Specialty MGA, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters innovation and collaboration. Located in the heart of London, our team enjoys access to a wealth of professional development opportunities, alongside competitive benefits that support both personal and career growth. Join us to be part of a diverse and inclusive environment where your contributions are valued and you can make a meaningful impact in the insurance and reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant
✨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
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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 Specialty MGA. 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 Management Accountant
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 Specialty MGA.
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.
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How to prepare for a job interview at Specialty MGA
✨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 Specialty MGA.
✨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 Specialty MGA 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 Specialty MGA 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.
