Senior Accountant - Lloyds

Senior Accountant - Lloyds

Full-Time 55000 - 65000 £ / year (est.) No home office possible
Travelers Europe

At a Glance

  • Tasks: Manage financial records, ensure compliance, and support reporting for effective decision-making.
  • Company: Join Travelers, a leading insurance company with a collaborative finance team.
  • Benefits: Enjoy private medical insurance, generous holiday entitlement, and a wellness programme.
  • Other info: Be part of a diverse team that values your unique talents and encourages community involvement.
  • Why this job: Step into a senior role and make a real impact in finance transformation initiatives.
  • Qualifications: Professional accounting qualification and experience in finance or insurance industry required.

The predicted salary is between 55000 - 65000 £ per year.

We are currently recruiting for a Senior Accountant to join our Finance team in London. At Travelers, our accounting team plays a critical role as the steward of our financial information and control environment. The team ensures compliance with internal policies and external requirements, while providing timely, accurate, and insightful reporting that supports effective decision‑making across the business.

As a Senior Accountant, you will be responsible for maintaining accurate books and records, supporting both internal and external reporting requirements, and upholding a strong financial control framework. This is a varied and hands‑on role where you will:

  • Prepare and review journal entries, reconciliations, and financial reporting activities.
  • Support the delivery of accurate and timely financial information.
  • Contribute to maintaining and enhancing financial controls.
  • Partner with stakeholders across Finance and the wider business.
  • Play a key role in ongoing finance transformation initiatives, including the implementation of a new sub‑ledger system.

We are particularly interested in candidates who bring a strong accounting background, ideally within the Lloyd’s or London Market, experience working with US GAAP, a proactive, analytical mindset with strong attention to detail, exposure to financial planning & analysis (FP&A), experience with finance systems and system implementations (Phinsys experience would be advantageous), and a professional accounting qualification (ACA, ACCA, or CIMA).

This opportunity would suit an ambitious accountant or financial planning professional looking to step into a senior role within a collaborative and forward‑thinking environment.

Responsibilities:

  • Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and understand trends.
  • Develop and validate financial analyses for key performance metrics (i.e. production, profitability, expense management, staffing).
  • Prepare and create components of overall business and financial plan, budget, and forecasts.
  • Conduct a review for accuracy and completeness and approve internal management‑based financial reporting, both routine and ad hoc, for complete and consistent results with corporate policies and standards.
  • Conduct a review external for financial statements.
  • Perform and review financial controls in accordance with Sarbanes‑Oxley requirements.
  • Prepare and review complex documentation to support internal and external audits with some interaction with internal auditors.
  • Maintain compliance with various financial external regulatory requirements and internal accounting policies.
  • Participate in projects that involve complex analysis and implementation of non‑complex, routine business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
  • Provide coaching, training, and mentoring.
  • If a manager of people, effectively oversee and engage direct reports and perform management activities such as performance management, career development and talent acquisition.
  • Perform other duties as assigned.

Ideal Candidate:

  • Professional accounting qualification, such as ACCA, CIMA.
  • Experience with accounting theory and practice within the insurance and financial services industry.
  • Excellent communication skills with the ability to consult on projects and present information effectively.
  • Ability to influence team members and management.
  • Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
  • Manage multiple projects simultaneously and follow through to ensure timely completion.
  • Ability to think strategically and use judgement to resolve issues as they arise.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
  • Solid experience of using Financial general ledgers.
  • Ability to apply basic accounting and financial concepts to financial systems and processes.

Must Have:

  • Solid finance, accounting, financial planning, or related experience.

Benefits:

  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counselling services and other resources that support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

Equal Employment Opportunity: Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting.

Senior Accountant - Lloyds employer: Travelers Europe

Travelers is an exceptional employer, offering a collaborative and forward-thinking environment for Senior Accountants in London. With a strong commitment to employee growth, comprehensive benefits including private medical insurance, generous holiday entitlement, and a wellness programme, we empower our team to thrive both professionally and personally. Our focus on community involvement and support for volunteer initiatives further enhances the rewarding experience of working with us.
Travelers Europe

Contact Detail:

Travelers Europe Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Accountant - Lloyds

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who have experience with Lloyd's or the London Market. A friendly chat can lead to insider info about job openings and even referrals.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills and understanding of US GAAP. We recommend practising common interview questions related to financial reporting and controls, so you can showcase your expertise confidently.

✨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 role.

✨Tip Number 4

Apply through our website for the best chance at landing that Senior Accountant role. We’re always on the lookout for candidates who fit the bill, and applying directly can help us see your application faster!

We think you need these skills to ace Senior Accountant - Lloyds

Professional accounting qualification (ACA, ACCA, CIMA)
US GAAP
Financial Planning & Analysis (FP&A)
Financial Reporting
Data Analysis
Variance Analysis
Financial Controls
Sarbanes-Oxley compliance
Audit Support
Stakeholder Engagement
Project Management
Microsoft Office (Excel, Word, Outlook, PowerPoint)
Financial Reporting Software (TM1, Essbase, Hyperion)
General Ledger Experience
Strategic Thinking

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Accountant role. Highlight your experience with US GAAP, financial reporting, and any relevant qualifications like ACA or ACCA. We want to see how your background fits perfectly with what we're looking for!

Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past roles that showcase your analytical mindset and attention to detail. We love seeing how you’ve tackled challenges in finance before.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're excited about this opportunity at Travelers and how your experience aligns with our needs. Let us know why you’re the perfect fit for our Finance team!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!

How to prepare for a job interview at Travelers Europe

✨Know Your Numbers

As a Senior Accountant, you'll be dealing with complex financial data. Brush up on your knowledge of US GAAP and be ready to discuss how you've applied it in previous roles. Prepare examples of your experience with financial reporting and variance analysis to showcase your expertise.

✨Showcase Your Analytical Skills

The role requires a proactive and analytical mindset. Be prepared to discuss specific instances where you've interpreted financial trends or provided insights that influenced decision-making. Use real-life examples to demonstrate your ability to analyse data and make recommendations.

✨Familiarise Yourself with Financial Systems

Since the job involves finance systems and implementations, make sure you understand the tools mentioned in the job description, like Phinsys. If you have experience with similar systems, be ready to explain how you used them to enhance financial controls or reporting processes.

✨Prepare for Stakeholder Engagement

You'll need to partner with various stakeholders across Finance and the wider business. Think about how you've effectively communicated financial information to non-financial colleagues in the past. Prepare to discuss your communication style and how you influence team members and management.

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