Financial Analyst (Insurance)

https://www.twenty84.com/354/job2024-04-24 11:36:192024-05-21Twenty84
Job TypePermanent / Full Time
AreaLondon, EnglandLondonEngland
SectorFinance
Salary£65,000 - £75,000
Start Date
AdvertiserTwenty 84
Job RefGL25y
Job Views28
Description

Twenty 84 are proud to be partnering with an award winning global insurance brand to hire a Financial Analyst.


This role is working primarily within the Finance Operations team supporting the Head of UK Finance. The role holder will have the opportunity to play a key role in managing BAU activity, whilst supporting the Finance Operations team around change transformation for future growth.


The role holder will also be responsible for ensuring data flows correctly from underwriting platforms to the general ledger, as well as continuously improving processes and systems that will support this.


Key responsibilities include:


 



  • Perform front-to-back reconciliations, including source system trial balance to general ledger trial balance reconciliations.



  • Perform IBA reconciliations.



  • Perform (root cause) analysis of reconciliation differences.



  • Track resolution of reconciliation differences.



  • Prepare a monthly finance reconciliation package.



  • Document finance processes and applications.



  • Provide support to finance projects.



  • Proactively identify opportunities for system or process optimisation and improvements.



  • Perform finance application admin tasks.


 


Key requirements



  • Qualified Accountant (or QBE).



  • Insurance industry knowledge and/or experience working at a carrier, insurance broker or MGA.



  • Confident and concise when presenting financial information to senior management.



  • Broad experience within a finance function or internal/external audit.



  • Strong understanding of accounting and insurance principles and practices.



  • Experience of problem solving and reconciliations.



  • Strong stakeholder management skills.



  • Strong communication skills to be able to explain complicated IT based issues to finance users or vice versa.



  • A background in change management would be beneficial.



  • Knowledge of Unit4 and/or Financial Force would be beneficial.


 


The successful candidate will be a team player, self-motivated, understand the value of strong controls, have attention for detail while not losing sight of the bigger picture and able to make an impact by driving change.


In return our client are offering a competitive salary coupled with an excellent benefits package.


If you feel this is the right role for you, please apply today.


At Twenty84, we believe in the power of diversity as a key component of innovation, growth, and success. We promote a culture where every individual—regardless of race, ethnicity, gender, age, religion, sexual orientation, ability, or background—feels valued, respected, and empowered. We are committed to helping our clients create inclusive environments that promote equal opportunities, and we actively seek to attract a diverse workforce.

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