At a Glance
- Tasks: Maintain accurate financial records and support reporting requirements in a dynamic finance team.
- 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: Make a real impact in finance while working on exciting transformation initiatives.
- 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. 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).
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.
Senior Accountant – Lloyds employer: Travelers
Travelers is an exceptional employer that prioritises the well-being of its employees while fostering a culture of innovation and collaboration. Located in London, the company offers a comprehensive benefits package including private medical insurance, generous holiday entitlement, and a wellness programme designed to support both personal and professional growth. With a commitment to community involvement and employee development, Travelers provides a rewarding environment for those seeking meaningful careers in the finance sector.
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 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 your experience with financial reporting and controls, so practice articulating your thoughts clearly and concisely.
✨Tip Number 3
Showcase your analytical mindset! During interviews, be ready to share examples of how you've tackled complex financial data and contributed to financial planning and analysis. This will demonstrate your proactive approach and attention to detail.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Travelers, where we value innovation and collaboration.
We think you need these skills to ace Senior Accountant – Lloyds
Some tips for your application 🫡
Show Off Your Skills:Make sure to highlight your accounting qualifications and relevant experience in your application. We want to see how your background aligns with the Senior Accountant role, especially if you have experience in the Lloyd’s or London Market.
Be Specific:When discussing your past roles, be specific about your responsibilities and achievements. Use numbers and examples to illustrate your impact, especially in areas like financial reporting and analysis. This helps us understand your contributions better!
Tailor Your Application:Don’t just send a generic application! Tailor your CV and cover letter to reflect the key skills and experiences mentioned in the job description. Show us that you’ve done your homework and are genuinely interested in joining our team.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and it ensures your application goes directly to us. Plus, we love seeing candidates who take the initiative to follow our process!
How to prepare for a job interview at Travelers
✨Know Your Numbers
As a Senior Accountant, you'll be dealing with complex financial data. Brush up on your accounting principles, especially US GAAP, and be ready to discuss how you've applied them in previous roles. Prepare examples of your experience with financial reporting and variance analysis to showcase your expertise.
✨Showcase Your Analytical Skills
This role requires a proactive and analytical mindset. Be prepared to discuss specific instances where you've interpreted financial trends or provided insights that influenced business decisions. Use metrics and data from your past experiences to illustrate your analytical capabilities.
✨Familiarise Yourself with Financial Systems
Since the job involves finance systems and potential implementations, make sure you understand the tools mentioned in the job description, like Phinsys or similar software. If you have experience with these systems, be ready to share how you used them to enhance financial controls or reporting processes.
✨Engage with Stakeholders
Collaboration is key in this role. Think of examples where you've partnered with different teams or stakeholders to achieve financial goals. Highlight your communication skills and how you've influenced others in your previous positions, as this will demonstrate your ability to work effectively within a team.