Assistant Accountant (12 month FTC)

Job Description Role: Assistant Accountant (12 month FTC)

Location: London

Position: Fixed Term Contract

To provide support to the Financial Accountant and the Syndicate Finance Operations team to ensure the monthly and quarterly reporting processes operate in an efficient, controlled and timely manner. The role consists of the control and reconciliation of the Oracle ledger and assistance with the daily workflow processes. The key areas of responsibility are the transactions originating from Subscribe 2000, ensuring underwriting transactions are correctly recorded, cash transactions are either paid or received and anomalies are challenged with the relevant departments.

About The Job

While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:

The Assistant Accountant will be responsible for maintaining subledgers, ensuring accurate postings and reconciliations of balance sheet accounts during the monthly and quarterly ledger close cycles and assist to perform balance sheet substantiation procedures

The reconciliation of underwriting figures between Subscribe 2000 and Oracle

Prepare standard accounting journals such as IPT adjustments and entries to clear and maintain the subledgers

Assist to perform analytical reviews to create insights over financial accounts that will support the result over the reporting period

To remain up to date with IFRS and UK GAAP accounting requirements to ensure that transactions are properly recorded

Contribute to the documentation of processes, risks and controls

Contribute to process improvement and system enhancements within the finance function and become involved in ad hoc change and transformation projects as they arise

As and when required support the wider UK Operations team in the production of deliverables. This will be most common during quarterly reporting

To assist the Settlement Working Group by obtaining reports from other departments (incl. Credit Risk, Payments, Treasury, Syndicate Finance), and arrange monthly meetings with representatives from other departments, challenge and discuss suspected breaches; maintain action log and escalations

Co-ordinate information to assess if breached any premium trust rules of premium trust bank accounts

You’re going to enjoy this job if you are:

Have a Problem-solving mind-set with critical thinking ability

Are a motivated, dynamic individual looking to set high standards and deliver

Embrace change and continuous improvement

Enjoy a collaborative working environment

Demonstrate a high degree of attention to detail and accuracy

What you’ll need:

For this particular role there are some important qualifications and experience we need you to have. These include:

Essential

Working towards ACA, ACCA, CIMA or equivalent accounting qualification

Understanding of financial accounting

Demonstrate evidence of interpreting and manipulating data clearly and accurately

Proven track record of working in a deadline driven environment

Good organisational skills including effective scheduling, prioritisation and time management skills

Proficiency in financial software (Microsoft Excel, accounting systems and ERP)

Good communication skills to articulate insights

Excellent analytical skills

Strong controls and reconciliations experience

Desirable

Understanding of the Lloyd’s Market and Service Companies

Experience with using Oracle general ledgers.

Experience of Subscribe 2000

Experience with or interest in automation of finance processes to meet accelerated timetables

We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!

What Can You Expect From Us?

As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin

Hybrid Working

At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.

About MS Amlin

MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.

DE&I at MS Amlin

We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.

MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom. Visit this link (Inclusive Futures Impact Report) to find out more about the programme and its aims and achievements so far.

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