Senior Accountant (Insurance) - 12 month FTC - SearcHive Limited : Job Details

Job Title: Senior Accountant (Insurance)

Location: London, UKSalary: Competitive, depending on experienceEmployment Type: Full-time, 12 months Fixed Term Contract

About the Company:

Our client is a leading organisation in the insurance sector, specialising in providing tailored services within the Lloyd’s of London market. They are seeking a motivated and skilled Senior Accountant with proven insurance experience to join a dynamic finance team. This is a fantastic opportunity to work with industry leaders in a complex and evolving sector. Experience with Workday or similar financial systems is a plus.

Key Responsibilities:

As a Senior Accountant, you will support the finance team in delivering high-quality financial management and reporting, ensuring compliance with industry regulations, particularly within the Lloyd’s of London market. Your responsibilities will include:

• Financial Reporting: Prepare, review, and manage the production of financial statements, regulatory returns, and management reports for internal and external stakeholders.
• Month-End Process: Lead or contribute to the month-end close process, ensuring accuracy and timeliness of all reconciliations, journal entries, and supporting documents.
• Regulatory Compliance: Ensure compliance with industry regulations, including Lloyd’s of London-specific reporting requirements and other statutory obligations (Solvency II, IFRS, etc.).
• Financial Analysis: Perform detailed financial analysis and provide insights to support strategic decision-making within the business.
• Workday System: (Desired but not essential) Utilise Workday for financial reporting and operational tasks. Support the integration and improvement of financial systems.
• Audit Preparation: Collaborate with auditors to ensure smooth audit processes, responding to audit queries, and providing relevant financial documentation.
• Stakeholder Engagement: Liaise with internal and external stakeholders, including underwriters, claims teams, and external auditors, to provide necessary financial insights and reports.

Qualifications & Experience:

• Qualified Accountant: ACA, ACCA, CIMA, or equivalent qualification.
• Industry Experience: At least 3-5 years of relevant accounting experience within the insurance sector. Experience within the Lloyd’s of London market is highly desirable.
• Technical Knowledge: Strong understanding of accounting principles (UK GAAP, IFRS), insurance-specific financial reporting standards, and regulatory requirements (Solvency II, etc.).
• Workday: Experience working with Workday or similar ERP systems is an advantage.
• Communication: Excellent verbal and written communication skills, with the ability to explain financial concepts to non-finance professionals.
• Team Player: Proven ability to work collaboratively within a team and manage multiple priorities.