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Open nowPosted 108 days ago

Finance Manager- London Market Insurance

Workable (global search)108,016 open roles

Where
London, England, United Kingdom
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Your applicationOpen nowFinance Manager- London Market InsuranceWorkable (global search) · London, England, United Kingdom

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The clock on this job

Early applications get read.

7.9% of postings close within 7 days. Measured by our own scanner across the market. Workable (global search) postings stay open a median of 7 days.

Share of postings closed within
  1. 1.6%1 day
  2. 3.6%3 days
  3. 7.9%7 days
  4. 14.9%14 days
  5. 34.0%30 days
This job: posted 108 days ago

Workable (global search) median: 7 days open

The posting

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 £100k

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