About this role
We are looking for an experienced Accountant to join a Lloyd’s of London insurer. This role will support both the management and underwriting accounts functions, playing a key part in financial reporting, ledger management, and regulatory compliance within a complex insurance environment.
This is an excellent opportunity for a finance professional with strong insurance accounting experience to work across multi-entity structures, underwriting pools, and detailed reconciliations, while contributing to process improvements and strengthening financial controls within a highly respected London Market insurer.
Responsibilities
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Management Accounts
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Maintain the general ledger
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Prepare and review monthly management accounts (P&L, balance sheet reconciliations, issue resolution)
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Perform expense variance analysis
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Manage cash flow and support treasury/liquidity planning
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Oversee month-end close (accruals, prepayments, journals)
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Prepare quarter-end journals (intercompany and recurring)
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Submit quarterly VAT and annual P11D returns
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Run monthly payroll and process company/staff expenses
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Support regulatory returns, budgeting, and forecasting
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Assist with statutory audit and annual tax pack
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Underwriting Accounts
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Maintain underwriting pool ledgers
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Prepare quarterly premium and claims bordereaux
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Produce quarterly reporting outputs
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Post journals and reconcile to policy administration systems and expenses
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Perform balance sheet and ledger reconciliations, resolving discrepancies
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Process premium receipts and claims payments; investigate variances with underwriting
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Manage multi-currency transactions and reconciliations
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Oversee debt collection and reinsurer settlements
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Prepare and issue statements to reinsuring pools
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Agree and settle bordereaux, resolving broker queries
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Support external reviews and coverholder audits
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Other
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Continual development of reporting solutions.
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Develop and improve financial controls and processes
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Ad-hoc management reporting and financial analysis
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Assist in maintaining relationship with third party providers
Requirements
- 5+ years experience working in an insurance finance team
- Proficient in Microsoft Excel
- Strong attention to detail and organisational skills
- Experience of Sage 200
- Insurance accounting experience
- Ability to manage multiple tasks and deadlines effectively
Benefits
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Permanent Contract
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Competitive Salary
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2 days per week in the office