At a Glance
- Tasks: Prepare high-quality board reports and manage VAT and PIB returns.
- Company: Join a leading insurance firm with a strong reputation.
- Benefits: Competitive salary, flexible working options, and professional development opportunities.
- Other info: Dynamic role with opportunities for growth and learning in a supportive environment.
- Why this job: Make an impact in the finance sector while enhancing your accounting skills.
- Qualifications: 7 years of insurance accounting experience and proficiency in ERP/EPM systems.
The predicted salary is between 60000 - 80000 £ per year.
Description
Key Accountabilities & Role Requirements
- Prepare the first draft of board reports to a high standard
- Responsible for preparation of VAT and PIB returns
- Responsible for preparation of RMAR and QF1 returns
- Responsible for preparation of quarterly TB’s for service companies to a high standard
- Posting weekly journals and review of bank recs
- Assistance with the year end external audit
- Any other ad hoc tasks
Skills & Competencies Required
- Ability to resolve problems independently whilst paying attention to detail. Understand underlying finance structures and processes
- Insurance experience (Lloyd’s and company desirable)
- ERP/EPM systems (essential)
- Proficiency in Excel
- Data reconciliation experience and technical capability
- Adaptability and resilience – ability to work effectively under ambiguity and tight cutover timelines
Qualifications & Experience
- Insurance accounting experience essential
- Oracle experience desirable
- Minimum 7 years’ experience in insurance accounting role
This job description describes the general nature and level of work performed in this role.
It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc.
These may be subject to change and additional functions may be assigned as needed by management. #wspi
Reporting Accountant (9 month FTC) in London employer: Westfield Insurance
As an Underwriting Assistant in Reinsurance, you will thrive in a dynamic and supportive environment that prioritises employee development and growth. Our company fosters a collaborative work culture where you can build meaningful relationships with brokers and clients while receiving comprehensive training to enhance your underwriting skills. Located in a vibrant area, we offer competitive benefits and a commitment to compliance and excellence, making us an exceptional employer for those seeking a rewarding career in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Reporting Accountant (9 month FTC) in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Westfield Insurance.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Westfield Insurance might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Reporting Accountant (9 month FTC) in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Westfield Insurance will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Westfield Insurance. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Westfield Insurance confidence in your short-term commitment to the role.
How to prepare for a job interview at Westfield Insurance
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Westfield Insurance.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Westfield Insurance that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
