Assistant Accountant (12 month FTC)

MS Amlin; City Of London; On-site; GBP 30,000 - 42,000; Full time

Benefits offered by this job

Hybrid working model

Benefits package

Job summary

MS Amlin seeks an Assistant Accountant on a 12-month fixed-term contract in London to support the Financial Accountant and Syndicate Finance Operations. You will maintain subledgers, reconcile balance sheet accounts, and prepare journals while ensuring accurate recording of underwriting transactions and cash flows.

You’ll work with Subscribe 2000 and Oracle, perform balance sheet substantiation, and assist in quarterly reporting.

Qualifications

• Essential ACA/ACCA/CIMA or equivalent accounting qualification in progress
• Understanding of financial accounting and data interpretation
• Proven ability to work in a deadline-driven environment
• Strong organisational skills and time management
• Proficiency in MS Excel, ERP systems and accounting software
• Excellent communication and analytical skills
• Strong controls and reconciliations experience
• Desirable knowledge of Lloyd’s Market and Subscribe 2000
• Experience with Oracle general ledgers
• Experience with Subscribe 2000
• Interest in automation of finance processes to meet accelerated timetables

Responsibilities

• Maintain subledgers and ensure accurate postings and reconciliations during monthly/quarterly close cycles
• Reconcile underwriting figures between Subscribe 2000 and Oracle
• Prepare standard journals (IPT adjustments) and maintain subledgers
• Assist with balance sheet substantiation and analytical reviews
• Stay updated on IFRS/UK GAAP requirements and contribute to process improvements
• Support wider UK Operations during quarterly reporting and coordinate cross-department reporting
• Assist Settlement Working Group with cross-department reporting and log action/escalations
• Coordinate information to assess breaches of premium trust rules and bank accounts.

Job description

Job Description Role: Assistant Accountant (12 month FTC) Location: London Position: Fixed Term Contract To provide support to the Financial Accountant and the Syndicate Finance Operations team to ensure the monthly and quarterly reporting processes operate in an efficient, controlled and timely manner. The role consists of the control and reconciliation of the Oracle ledger and assistance with the daily workflow processes. The key areas of responsibility are the transactions originating from Subscribe 2000, ensuring underwriting transactions are correctly recorded, cash transactions are either paid or received and anomalies are challenged with the relevant departments.

About The Job

While there is rarely a typical day, here’s a snapshot of some of the key parts of the job: The Assistant Accountant will be responsible for maintaining subledgers, ensuring accurate postings and reconciliations of balance sheet accounts during the monthly and quarterly ledger close cycles and assist to perform balance sheet substantiation procedures The reconciliation of underwriting figures between Subscribe 2000 and Oracle Prepare standard accounting journals such as IPT adjustments and entries to clear and maintain the subledgers Assist to perform analytical reviews to create insights over financial accounts that will support the result over the reporting period To remain up to date with IFRS and UK GAAP accounting requirements to ensure that transactions are properly recorded Contribute to the documentation of processes, risks and controls Contribute to process improvement and system enhancements within the finance function and become involved in ad hoc change and transformation projects as they arise As and when required support the wider UK Operations team in the production of deliverables. This will be most common during quarterly reporting To assist the Settlement Working Group by obtaining reports from other departments (incl. Credit Risk, Payments, Treasury, Syndicate Finance), and arrange monthly meetings with representatives from other departments, challenge and discuss suspected breaches; maintain action log and escalations Co-ordinate information to assess if breached any premium trust rules of premium trust bank accounts

You’ll enjoy this job if you are:

• Have a Problem-solving mind-set with critical thinking ability
• Are a motivated, dynamic individual looking to set high standards and deliver
• Embrace change and continuous improvement
• Enjoy a collaborative working environment
• Demonstrate a high degree of attention to detail and accuracy

What you’ll need:

• Essential Working towards ACA, ACCA, CIMA or equivalent accounting qualification
• Understanding of financial accounting
• Demonstrate evidence of interpreting and manipulating data clearly and accurately
• Proven track record of working in a deadline driven environment
• Good organisational skills including effective scheduling, prioritisation and time management skills
• Proficiency in financial software (Microsoft Excel, accounting systems and ERP)
• Good communication skills to articulate insights
• Excellent analytical skills
• Strong controls and reconciliations experience
• Desirable Understanding of the Lloyd’s Market and Service Companies
• Experience with using Oracle general ledgers.
• Experience of Subscribe 2000
• Experience with or interest in automation of finance processes to meet accelerated timetables

What Can You Expect From Us?

As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin Hybrid Working At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.

MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.

DE&I at MS Amlin We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals. MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom. Visit this link (Inclusive Futures Impact Report) to find out more about the programme and its aims and achievements so far.

#LI-MSAUL MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.