Insurance Accountant

Resilience; City Of London; On-site; GBP 30,000 - 50,000; Full time

Job summary

A growing insurance startup in London is seeking an accounting and finance professional to support and automate financial processes in the UK and EU. The ideal candidate will have knowledge of insurance practices and excellent client service skills. The role offers a salary range of £30,000 - £50,000 annually and various employee benefits, including flexible work schedules and paid healthcare.

Benefits

Innovative company culture

Flexible work schedules

Family paid leave

Paid healthcare for employees

401k

Professional development & career advancements

Flexible paid time off

Employee referral bonus

Qualifications

• Understanding of London and/or international insurance market practices.
• 1 years' experience in a broking or underwriting insurance role.
• General understanding of insurance MGA compliance requirements.

Responsibilities

• Respond to enquiries from clients, brokers and underwriters.
• Record all accounts receivable, commission and client premiums.
• Assist with testing new bdx formats and layouts.

Skills

Attention to detail

Client service

IT skills in MS Excel, Word, PowerPoint, G-Suite

Problem-solving skills

Education

Progress towards relevant professional qualifications

Job description

About Us

At Resilience, we're creating a new category that integrates cybersecurity, cyber insurance, and cyber risk management. Founded in 2016 by experts from across the highest tiers of the US military and intelligence communities - and built by prominent leaders and innovators from the insurance, technology, and cybersecurity industries - Resilience is rewriting the rules of how cyber risk is assessed, measured, and managed.

Our integrated cyber risk solutions connect risk quantification software, cybersecurity experts, and A+ rated cyber insurance, all purpose-built for middle and large organizations. Guided strongly by our mission and four core values - transparency, excellence, grit, and humility, our culture uniquely blends many different backgrounds, experiences, and skills from across industries and geographies - all focused on helping our clients and partners stay ahead of the bad guys.

Resilience is proud to be backed by leading technology investment firms, including General Catalyst, Lightspeed Venture Partners, Intact Ventures, Founders Fund, CRV, and Shield Capital. With headquarters in San Francisco, Resilience's team is globally dispersed, with offices in New York, Chicago, Baltimore, Los Angeles, Toronto, and London.

This position will be a key hire in the accounting and finance department of a fast-growing start-up. The position will be able to make an immediate impact helping to grow and automate the financial and reporting processes for the UK and EU businesses from the ground up.

Responsibilities:

• Responding to enquiries from clients, brokers and underwriters and ensure that all information required is obtained and communicated.
• To record all accounts receivable, commission and client premiums and ensure that these are all paid within credit terms.
• Creation of bdx with outputs coming from IT.
• Assist the facilitation of testing new bdx formats and layouts in line with carrier expectations
• Bank reconciliations and cash matching.
• Undertake tasks and responsibilities on a multi-currency and multi company ledger
• Dealing with insurers and clients in respect of setting up and maintenance of claims funds.
• Provide administrative and operational support for the preparation of invoices.
• To ensure compliance with group procedures and external compliance regulations.
• Support the overall operational governance and decision-making process.
• Any other duties commensurate with position or level of responsibility

Qualifications:

• Understanding of London and/or international insurance market practices
• General understanding of insurance MGA compliance requirements
• Proven track record of delivering high levels of client service.
• High level of attention to detail and high standards of presentation
• Articulation with ability to communicate complex issues both verbally and in writing.
• Ability to work well within a small team.
• Excellent IT skills in MS Excel, Word, PowerPoint, and G-Suite
• Excellent problem-solving skills and ability to think clearly using logic and reasoning.
• Working knowledge of insurance
• 1 years' experience in a broking or underwriting insurance role
• Progress towards relevant professional qualifications

Salary: £30,000 - £50,000 a year

What Resilience Offers You

• Innovative company culture
• Flexible work schedules
• Family paid leave
• Paid healthcare for employees
• 401k
• Professional development & career advancements
• Flexible paid time off
• Employee referral bonus

Accommodations and Accessibility

We want to ensure you're able to perform as well as possible in your interview. If you have any accessibility-related needs, please let us know. We'll do our best to provide reasonable accommodations to suit your working style during your interview and if you join our team.

If you require a reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please let your recruiter contact know.

We are an equal opportunities employer and welcome applications from all qualified candidates.