Assistant Accountant - Insurance Broking

Howden Insurance Brokers; Sydney; On-site; AUD 65,000 - 95,000; Full time

Benefits offered by this job

Salary continuance insurance

Two weeks paid leave annually

Job summary

Howden Insurance Brokers in Sydney, NSW is seeking an Assistant Insurance Broking Accountant to support financial management for our insurance broking platforms, including Howden Equine. You will work with the IBA Manager AUS and oversee ledgers, reconciliations and trust accounts, partnering with brokers and the finance team.

The ideal candidate has accounting qualifications and 2+ years' experience, strong Excel/Outlook, attention to detail, and the ability to build sound working relationships

Qualifications

• Accounting qualifications and/or related credentials.
• 2+ years’ experience as an assistant accountant or in accounting roles (insurance industry preferred).
• Knowledge of relevant tax regimes and duties (e.g., GST, ESL, NRIT).
• Strong Excel, Word and Outlook skills.

Responsibilities

• Maintaining the IBA ledgers within the broking platform(s).
• Attending to insurance debtor and creditor reconciliations and client ledgers.
• Reconciliing insurer accounts and IBA trust bank accounts; resolve reconciling items.
• Processing receipts, unallocated cash, and payments (IBA).
• Reviewing client and insurer bank details and rates in the broking platform.
• Assisting with ESL/NRIT returns and lodgements; ensuring data integrity.

Skills

Accounting experience

Attention to detail

Communication

Education

Accounting qualifications

Tools

Excel

Word

Outlook

Job description

Are you an accounting professional looking to build your career in insurance broking, with the stability, resources and opportunities that come with being part of a growing global organisation?

About Howden

We are part of the Howden Broking Group, the world's largest privately owned insurance broker, headquartered in London. Since launching Howden in the Pacific region in March 2021, we have grown from a team of three to over 600 employees across Australia, New Zealand and Fiji.

Our mantra is to be People First. We believe you can teach someone new skills, but not how to be a different person. We offer a chance to join a rapidly growing business at an exciting time, with a genuinely collegiate culture and highly engaged team.

The opportunity

We're looking for an Assistant Insurance Broking Accountant to assist with the financial management and accounting activities related to our insurance broking platforms, primarily supporting Howden Equine - Howden's specialist equine and bloodstock insurance division.

This role will report to the IBA Manager – AUS and will oversee the IBA ledgers, client and insurer reconciliations, and trust account management, working closely with our brokers, the wider finance function, other internal teams and auditors.

Key responsibilities include:

Performing the IBA function, including maintaining the IBA ledgers within the relevant broking platform/s.

Attending to insurance debtor and creditor reconciliations and managing client ledgers and accounts with account brokers and the credit control team.

Reconciling all insurer/underwriter accounts and IBA trust bank accounts, ensuring all outstanding reconciling items are promptly investigated and appropriately resolved.

Performing the receipting processes, reviewing unallocated cash receipts, and attending to IBA payments, refunds and claims payments.

Reviewing and validating client and insurer bank account details, and rates and calculations within the broking platform.

Attending to insurance duty returns and lodgements and assisting with ESL and NRIT returns and lodgements.

Ensuring data integrity, maintenance and compliance across all systems.

In addition to the tasks outlined above, this role may also extend to assisting the Finance team with general finance-related activities (such as journals, balance sheet reconciliations and variance analysis).

Let’s talk about you

We'd love to hear from you if you have:

Accounting and/or other related qualifications.

2+ years’ experience as an Assistant Accountant / in an accounting role (insurance industry experience preferable, but not essential).

Knowledge of relevant tax regimes and duties, such as non-resident withholding tax, GST, insurance duty and ESL/FSL (preferred).

Strong Excel, Word and Outlook skills.

Strong attention to detail and a methodical approach to reconciliations and reporting.

Sound judgement and the ability to build effective working relationships across internal and external stakeholders.

Just as importantly, you will be someone who embodies our cultural values: Put people first, be authentic, challenge complacency, think client, pursue excellence and keen to make your mark.

Why Join Howden?

When you join Howden, you become part of a team that is genuinely proud of the difference we make every day. Our people are united by a commitment to quality, integrity, and client-centred outcomes – and the exceptional results we consistently achieve are a testament to this culture.

The opportunity to build your career in insurance broking finance, gaining exposure to trust accounting, reconciliations and the broader insurance broking platform, supported by an experienced team.

Ongoing professional development and learning opportunities.

Meaningful, values-aligned work with real impact.

A supportive and experienced team who celebrate excellence.

Opportunities to grow your capability through a strong mentoring leadership team.

Remuneration and benefits

In addition to competitive remuneration, we offer freesalary continuance insurance,and our industry-leadingbonus leavebenefit, where employees can qualify for up to two weeks' additional paid leave each year.

What’s next?

If you're looking for a role where you'll be supported to grow your skills, do meaningful work and have the backing of a growing global business, we'd love to hear from you.

If you have any questions, please feel free to reach out to our Human Resources team at ***********@howdengroup.com.

EEO Statement

We wish to provide a supportive and welcoming workplace environment, which represents the communities and cultures within which we live and work. We have a huge diversity of talent from all walks of life, each with unique experiences and perspectives, all of whom can make a difference. Howden Pacific strives to build an inclusive workplace where our people feel welcome to bring their whole and true self to work, where differences are accepted and where our words and actions are inclusive.