At a Glance
- Tasks: Own the Technical Close Process and lead financial reporting projects.
- Company: Join a large London market Insurance Group undergoing transformation.
- Benefits: Competitive salary, career development, and dynamic work environment.
- Other info: Opportunity to collaborate with external auditors and improve finance processes.
- Why this job: Make a real impact in a pivotal role within a changing organisation.
- Qualifications: Recent insurance experience and knowledge of technical close processes required.
The predicted salary is between 58500 - 71500 £ per year.
Woodland Partners are delighted to be working with this large London market Insurance Group who are currently going through a period of change and transformation.
As part of this we are seeking a Technical Accountant on a long term basis reporting into the FD.
The role has full ownership of the Technical Close Process which runs from the point of data capture into the core accounts close model, followed by the execution of accounting processes, review and interaction with the FP&A function and finishes once the submission is made and queries cleared.
Other than core reporting the key deliverable for this role involves supporting and leading ongoing business-wide process and procedure change projects relating to core financial reporting.
Specific areas of responsibility include
- Responsible for preparation and production of insurance technical result on quarterly basis under UK GAAP and IFRS 17.
- Provide accurate and timely management and financial information, ensuring compliance with IFRS and local reporting requirements.
- Quarterly Closing Pack production.
- Quarterly Financial Reviews of technical result including variance to plan and previous year
- Assist Technical Reporting Manager with technical result production of Commercial division entities and identification, investigation and explanation of any unusual in-quarter movements.
- Assist Technical Reporting Manager with key system and process enhancements relating tasks such as system parallel runs, comparison of technical result etc.
- Play key role in change projects and assist Technical Reporting Team with deliverables assigned to it in this respect.
- Direct liaison with external auditor on all relevant matters
- Support projects aimed at improving the finance processes from entity to Group level
To be considered you MUST have a recent background in Insurance and of overseeing the technical close process of an Insurer.
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Technical Accountant - Global Insurer employer: Woodland Partners
Join a dynamic and rapidly expanding insurer that values innovation and growth, offering a unique opportunity for the Insurance Financial Controller role. With a strong emphasis on employee development, you will benefit from a collaborative work culture, competitive equity participation, and the chance to play a pivotal role in shaping financial strategies across multiple entities. This position not only promises meaningful work but also provides a clear path to CFO, making it an excellent choice for ambitious professionals seeking rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Accountant - Global Insurer
✨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
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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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.
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Don’t shy away from reaching out directly to firms like Woodland Partners. 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 Technical Accountant - Global Insurer
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 Woodland Partners.
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.
Research and Reflect:Before hitting that 'apply' button on Woodland Partners's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Woodland Partners
✨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 Woodland Partners.
✨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 Woodland Partners 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 Woodland Partners 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.
