FR&C Financial Accountant (Insurance)

TN United Kingdom; London; Hybrid; GBP 35,000 - 45,000; Full time

Job summary

An established industry player is seeking a Financial Accountant to join their dynamic team in London. This exciting role offers the opportunity to support financial reporting and control within the insurance sector. You will lead balance sheet analysis, produce statutory financial statements, and liaise with internal and external stakeholders. The ideal candidate will be part-qualified in ACCA, ACA, or CIMA, with strong analytical skills and experience in the insurance industry. Join a company that values collaboration and offers a flexible working environment, along with an attractive benefits package.

Benefits

25 days holiday + bank holidays

Pension scheme matched up to 10%

Enhanced maternity and paternity leave

Company performance related annual bonus

Access to Saga Academy

Qualifications

• Part qualified ACCA, ACA or CIMA with experience in the insurance industry.
• Ability to manage and prioritize workload independently.

Responsibilities

• Record and monitor balance sheet action points.
• Collaborate with finance teams to resolve issues.

Skills

Analytical Skills

Financial Reporting

IFRS Knowledge

Insurance Industry Experience

Statutory Accounts Preparation

Education

Part Qualified ACCA

Part Qualified ACA

Part Qualified CIMA

Job description

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FR&C Financial Accountant (Insurance), London

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Client:

SAGA

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

fc69d1845794

Job Views:

7

Posted:

05.05.2025

Expiry Date:

19.06.2025

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Job Description:

Job Introduction

Financial Accountant (FR&C)

Salary £35,000 - £45,000 dependent on experience

Permanent

Hybrid – Home and Hub (London/Kent)

At Saga, we are looking for a Financial Accountant to join our FR&C team within our Insurance Finance team.

As a Financial Accountant you will support all Financial Reporting and Control aspects of the insurance business.You will lead the preparation of balance sheet analysis and control reconciliation and workclosely withother teams to understand the movements in the balance sheetandrationalisingthese alongsidewhat is happening in the business.

Additionally,you will produce annual statutory financial statements,contribute to Saga’s consolidated financial statements and ensure that any balance sheet actions are adequatelytracked andresolved.

You will liaise with and support both internal and external stakeholders and you will be a key point of contact for the external auditors.

Collaboration is important to us at Saga, and our Insurance Finance team typically come together twice a month at our hubs either in London or Kent.

Role Responsibility

As the Financial Accountant in our Insurance FR&C team, you will be responsible for recording and monitoring balance sheet action points. You will collaborate with the Record to Report, AP/AR and FP&A teams to follow these through to resolution.

You will be accountable for the following areas:

• Supporting colleagues across the business, providing detailed help and guidance, as required
• Showing curiosity to continually review and improve the control and process environment of the business
• Supporting in the implementation of new IFRS as required
• Supporting in the production of regulatory reporting, including RMAR and others as required
• Building excellent working relationships with key stakeholders, both internal and external, including colleagues across finance, internal and external audit
• Prompt and accurate input into ad-hoc projects and other data analysis as required.

The Ideal Candidate

Our ideal Financial Accountant would be part qualified ACCA, ACA or CIMA with demonstrableexperience within the insurance industry.This role could potentially suit a newly qualified accountant with a reporting background.

Other skills and experience required include:

• Excellent analytical skills and the ability to quickly digest detailed and complex information.
• Prior experience working within an Insurance Broking or Underwriting business is advantageous.
• Experience and competence in external financial reporting, including preparation of statutory accounts.
• Able to manage and prioritise own workloadand work independently.
• Able to quickly spot control risks within complex systems and companies, and design and implement processes to prevent or mitigate them.
• Professional approach, working with diligenceand a high regard for confidentiality and professional integrity.

Package Description

Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.

We offer total flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich.

BENEFITS AVAILABLE TO ALL COLLEAGUES:

• Our working week is 35 hours per week, these can be worked flexibly to suit your working style
• 25 days holiday + bank holidays
• Option to purchase additional leave up to 5 extra days
• Pension scheme matched up to 10%
• Colleague discounts including family discounts on cruises and holidays
• Range of reductions and offers from leading retailers, travel groups and entertainment companies
• Enhanced maternity and paternity leave
• Grandparents leave
• Company performance related annual bonus - Up to 5%
• Income protection
• Access to Saga Academy, our bespoke learning platform