Accounts Assistant - Insurance

Insight Select; City Of London; Hybrid; GBP 30,000 - 40,000; Full time

Job summary

An established industry player in the insurance sector is seeking an Accounts Assistant to join their dynamic team in the heart of London. This role offers an exciting opportunity to work closely with the Finance Manager, ensuring accurate reporting and processing of underwriting and claims transactions. With a focus on efficiency and accuracy, you will engage with various stakeholders, implement process improvements, and contribute to the overall success of the finance function. If you have a passion for finance and a keen eye for detail, this role could be your next career move in a thriving environment.

Benefits

25 days holiday + bank holidays

Subsidised gym membership

Qualifications

• 2+ years experience in Accounts and insurance industry.
• Experience in the Lloyd's and London market is essential.

Responsibilities

• Ensure accurate reporting and accounts capture.
• Perform reconciliations and process transactions.

Skills

Communication Skills

Attention to Detail

Education

Degree in Accounting

Degree in Finance

Degree in Data Analytics

Degree in Business

Degree in Economics

Job description

This range is provided by Insight Select. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Accounts Assistant - Insurance / City of London / £30,000 - £40,000

Overview:

My client, a leading specialist insurance and reinsurance company based in the city, are currently recruiting for an Accounts Assistant to join their team on a permanent basis. The role will report directly into the Finance Manager.

Role & Responsibilities:

1. Ensure reporting and accounts are captured correctly
2. Perform reconciliations
3. Processing of underwriting, premium, and claims transactions under delegated authority agreements
4. Liaise with underwriters, brokers, cover holders and communicate with all stakeholders
5. Produce, monitor and complete Bordereaux oversight and MI reports
6. Identify and implement process improvements to enhance efficiency and accuracy

Minimum Requirements:

1. 2+ years experience working within Accounts
2. Insurance industry experience
3. Experience in the Lloyd’s and London market
4. Great communications skills and attention to detail
5. Degree in Accounting, Finance, Data Analytics, Business, Economics or a related field

Package:

• Salary dependent on experience, ranging between £30,000 - £40,000
• 25 days holiday + bank holidays
• Office based 4 days per week, WFH 1 day per week
• Subsidised gym membership

Seniority level

Associate

Employment type

Full-time

Job function

Analyst, Accounting/Auditing, and Finance

Industries

Insurance, Financial Services, and Banking