Senior Accountant - Lloyds in London
Senior Accountant - Lloyds

Senior Accountant - Lloyds in London

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

At a Glance

  • Tasks: Manage financial records, ensure compliance, and support reporting for effective decision-making.
  • Company: Join Travelers, a leading property casualty insurer with a culture of innovation and collaboration.
  • Benefits: Enjoy private medical insurance, generous holiday entitlement, and a wellness programme.
  • Other info: Opportunities for career development and community involvement through volunteer programmes.
  • Why this job: Step into a senior role and make a real impact in a forward-thinking environment.
  • Qualifications: Professional accounting qualification and experience in finance or insurance industry required.

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

Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

What Is the Opportunity? 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, and 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.

What Will You Do?

  • 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.

What Will Our Ideal Candidate Have?

  • 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.

What is a Must Have?

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

What Is in It for You?

  • 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 counseling 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.

Employment Practices: 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 in London employer: Travelers

Travelers is an exceptional employer that prioritises the well-being of its employees while fostering a culture of innovation and collaboration. With a strong commitment to professional development, generous benefits including private medical insurance, a robust pension plan, and a minimum of 25 days holiday, employees are empowered to thrive both personally and professionally in the vibrant city of London. Join us to be part of a team that values community involvement and supports your career growth in the dynamic insurance industry.
Travelers

Contact Detail:

Travelers Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and accounting world, especially those who have experience in the Lloyd's or London Market. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills and understanding of US GAAP. We want you to feel confident discussing complex financial data and trends, so practice explaining your past experiences in a way that highlights your analytical mindset.

✨Tip Number 3

Show off your personality! When you get the chance to meet potential employers, let your passion for finance shine through. Share your thoughts on industry trends and how you can contribute to their team’s success—this is your moment to stand out!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to connect with us directly.

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

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
Microsoft Office (Excel, Word, Outlook, PowerPoint)
Financial Reporting Software (TM1, Essbase, Hyperion)
Project Management
Communication Skills
Stakeholder Engagement

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 and any relevant work in the Lloyd's or London Market. We want to see how your background aligns with 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 your skills can contribute to our finance team. Let’s see your personality come through!

Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to mention specific examples where you've successfully interpreted financial data or trends. We love seeing those analytical skills in action!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at Travelers

✨Know Your Numbers

As a Senior Accountant, you'll need to demonstrate your expertise in financial data. Brush up on key metrics and trends relevant to the insurance and financial services industry. Be ready to discuss how you've used data analysis to drive decisions in your previous roles.

✨Showcase Your Compliance Knowledge

Familiarise yourself with Sarbanes-Oxley requirements and any other regulatory frameworks that are relevant to the role. Prepare examples of how you've ensured compliance in past positions, as this will show your understanding of the importance of financial controls.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills and ability to handle complex financial situations. Think of specific instances where you successfully navigated challenges, particularly in financial reporting or system implementations, and be ready to share those stories.

✨Engage with Stakeholders

Since the role involves partnering with various stakeholders, practice articulating how you would communicate financial insights effectively. Highlight your experience in consulting on projects and influencing team members, as strong communication skills are crucial for success in this position.

Senior Accountant - Lloyds in London
Travelers
Location: London

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