Insurance Accountant

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

Job summary

An innovative insurance and technology firm in London is seeking a financial operations professional to support growing UK and EU businesses. The role involves managing accounts, client interactions, and compliance. Candidates should have experience in the insurance sector and strong attention to detail. This position offers a salary between £30,000 - £50,000 and includes flexible working options and professional development opportunities.

Benefits

Flexible work schedules

Paid healthcare for employees

401k

Professional development & career advancements

Flexible paid time off

Employee referral bonus

Qualifications

• 1 year experience in a broking or underwriting insurance role.
• Ability to communicate complex issues both verbally and in writing.

Responsibilities

• Responding to enquiries from clients, brokers and underwriters.
• Record accounts receivable and ensure payments are made.
• Assist in testing new formats for claims processing.
• Bank reconciliations and cash matching.

Skills

Understanding of London and/or international insurance market practices

High level of attention to detail

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

Problem-solving skills

Education

Progress towards relevant professional qualifications

Job description

Overview

About Us: Resilience is creating a new category that integrates cybersecurity, cyber insurance, and cyber risk management. Founded in 2016 by experts from across the US military and intelligence communities and built by leaders from the insurance, technology, and cybersecurity industries, Resilience rewrites how cyber risk is assessed, measured, and managed. Our integrated cyber risk solutions connect risk quantification software, cybersecurity experts, and A+ rated cyber insurance, built for middle and large organizations. Guided by our mission and four core values—transparency, excellence, grit, and humility—our culture blends diverse backgrounds and skills from across industries and geographies, focused on helping our clients stay ahead of cyber threats. We are a cybersecurity company, a Cyber and Tech E&O-focused MGA, a fintech startup, and a data science powerhouse, all in one.

Resilience is backed by technology investors including General Catalyst, Lightspeed Venture Partners, Intact Ventures, Founders Fund, CRV, and Shield Capital. With headquarters in San Francisco, the team is globally dispersed with offices in New York, Chicago, Baltimore, Los Angeles, Toronto, and London. Resilience offers insurance coverage through licensed and appointed insurance agents and security services through its expert security team.

This position will be a key hire in the accounting and finance department of a fast-growing start-up. The role will make an immediate impact helping to grow and automate the financial and reporting processes for the UK and EU businesses from the ground up. It will have visibility across the insurance businesses including UK and EU and will be instrumental in daily operations and the automation of existing processes. The Company is growing quickly as we expand operations and capitalise on momentum, creating opportunities for growth and development.

Responsibilities

• Responding to enquiries from clients, brokers and underwriters and ensuring that all required information is obtained and communicated.
• Record all accounts receivable, commissions and client premiums and ensure they are 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.
• 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.

Requirements

• Working knowledge of insurance.
• 1 year experience in a broking or underwriting insurance role.
• Progress towards relevant professional qualifications.

£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 to ensure a comfortable visit, 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.

Beware of Job Scams

Resilience is excited to welcome talented individuals to explore career opportunities with us. We urge you to stay vigilant against recruitment scams where fraudsters may impersonate our company. We will never ask for payments, conduct interviews via chat rooms, or contact candidates from personal email accounts. All job applications must be submitted through our official platform at lever.co, and interviews will only take place via approved Resilience accounts. If you receive suspicious outreach or have concerns, please let your recruiter contact know. Thank you for helping us maintain a safe and secure recruitment process.