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
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
Finance manager (9-month fixed-term) supporting RTP business FP&A. Partner with cross-functional teams on budgeting, forecasting, revenue/expense analysis, business cases, performance reporting, and identifying cost efficiencies while ensuring strong financial controls.
Top Skills:
HyperionOracle
.png){kind=logo}
AdTech • Cloud • Digital Media • Information Technology • News + Entertainment • App development
Manage day-to-day finance operations including month and quarter end, management accounts, forecasting, audits, cash management across multi-company and multi-currency structures, AP/AR oversight, credit card reconciliations, intercompany payments, and supervise two finance staff while supporting reporting to the Head of Finance and parent company controllership.
Fintech • Payments • Software
Lead EMEA FP&A: build and maintain financial models, forecasts, budgets; provide commercial intelligence, unit-economics analysis, and ROI business cases; partner cross-functionally to improve reporting, automation, and financial systems.
Top Skills:
AdaptiveGenerative AiLookerNetSuiteWorkday
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.
