The Finance Manager will maintain ledgers, prepare management accounts, handle cash flow, manage underwriting accounts, and improve financial processes for an insurer.
We are looking for an experienced Insurance 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.
Requirements
Management Accounts
- Maintain the general ledger
- Prepare and review monthly management accounts (P&L, balance sheet reconciliations, issue resolution)
- Perform expense variance analysis
- Manage cash flow and support treasury/liquidity planning
- Oversee month-end close (accruals, prepayments, journals)
- Prepare quarter-end journals (intercompany and recurring)
- Submit quarterly VAT and annual P11D returns
- Run monthly payroll and process company/staff expenses
- Support regulatory returns, budgeting, and forecasting
- Assist with statutory audit and annual tax pack
Underwriting Accounts
- Maintain underwriting pool ledgers
- Prepare quarterly premium and claims bordereaux
- Produce quarterly reporting outputs
- Post journals and reconcile to policy administration systems and expenses
- Perform balance sheet and ledger reconciliations, resolving discrepancies
- Process premium receipts and claims payments; investigate variances with underwriting
- Manage multi-currency transactions and reconciliations
- Oversee debt collection and reinsurer settlements
- Prepare and issue statements to reinsuring pools
- Agree and settle bordereaux, resolving broker queries
- Support external reviews and coverholder audits
Other
- Continual development of reporting solutions.
- Develop and improve financial controls and processes
- Ad-hoc management reporting and financial analysis
- 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
Salary: up to £80k
Similar Jobs
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
Lead category-level FP&A activities including planning, forecasting, financial modelling, reporting and decision support. Partner with sales and marketing, ensure controls/compliance, drive efficiency projects, develop finance talent and influence senior stakeholders to achieve financial targets.
Fintech • Information Technology • Insurance • Software
Lead Accounts Payable operations, manage month-end posting and reconciliations, enforce finance controls (SoX/Audit), mentor team members, modernise workflows using SAP ByDesign and SAP Concur, support audits and EUC/regression testing, and ensure timely supplier payments and policy compliance.
Top Skills:
ExcelSap BydesignSap Concur
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
Lead financial planning and performance management for a category/country scope. Collect and verify data, prepare analysis and business proposals, support forecasting and strategic planning, ensure controls and compliance, drive efficiency projects, partner with senior stakeholders, and contribute to talent development within the Finance team.
What you need to know about the London Tech Scene
London isn't just a hub for established businesses; it's also a nursery for innovation. Boasting one of the most recognized fintech ecosystems in Europe, attracting billions in investments each year, London's success has made it a go-to destination for startups looking to make their mark. Top U.K. companies like Hoptin, Moneybox and Marshmallow have already made the city their base — yet fintech is just the beginning. From healthtech to renewable energy to cybersecurity and beyond, the city's startups are breaking new ground across a range of industries.
