About us

Avencia consulting is partnered with a leading insurer, who are looking to recruit a Finance Assistant in their London office.

The role

This role will be part of a dynamic, busy and adaptive commercial financial control team that puts a lot of emphasis on supporting each other and helping each other grow along with supporting the wider finance team and company. This role will be joining a new team and so will be part of helping shape how the team looks and evolves as it takes on more responsibilities.

This role is there to support the Senior Financial Accountant with preparation of monthly audit files, regulatory reports and statutory reports.

Key accountabilities

Financial Control

• Quarterly balance sheet reconciliations (technical and intercompany)
• Investigate and fix any issues
• Liaise with auditors
• Monthly audit file

Regulatory Reporting (PRA and other)

• Support the production of Solvency UK returns (QRTs / ARTs) to the PRA (including working with the actuaries to produce a SUK balance sheet, a breakdown of investments, reinsurance etc.) - Quarterly and Annual
• Levy reporting information (FSCS, Flood Re, ELTO, London Fire Brigade)
• ABI reporting - Annual, Quarterly
• NCID reporting - Annual, Half year
• SNST

Group Reporting

• Quarterly group reporting pack - production and commentary

Quarterly Insurance Result Production

• Year on year checks (GWP, earnings, commission, loss ratios etc.)
• Investigating any issues

General Balance Sheet Clear-Up

• Review / reconcile historic balances for accuracy

Process Improvements

• Automate processes where possible
• Ensure process notes are up to date and easy to follow

Skills & experience

• 1-2 years' experience within a Finance function.
• Studying or looking to start studying for ACCA.
• Problem-solving skills, Data interrogation, and strong communication skills.
• Enthusiastic self starter who is eager to learn.