Accounting Specialist

2 weeks ago

London, Greater London, United Kingdom Chaucer Group Full time

Job Description: We are seeking an experienced Accountancy Practice Accountant to join our team at Chaucer Group, responsible for the accounting of insurance technical and non-technical transactions in the relevant ledgers of the Syndicates.

Main Responsibilities:

  • The accounting of insurance technical and non-technical transactions in the relevant ledgers of the Syndicates, including handling all technical aspects affecting premium and claims.
  • All operational aspects of ledger production, including understanding the end-to-end process to trace transactions through the systems, preparation of account reconciliations and analysis of balance sheet and profit & loss items.
  • Responsible for the development of process improvements and system enhancements to ensure the efficient and accurate production of data.
  • Liaising with parties involved in the process, in the Finance area, to ensure the result is delivered in the timeframe and standards required.
  • Be able to deputise for the Syndicate Accounting Manager and assist in planning and production of reports to ensure that they are produced in accordance with the relevant timetables.
  • Development of diagnostics and interaction with actuaries, treasury and underwriters to develop the understanding of the financial results.

Requirements:

  • Exposure to the insurance market as an accountant or auditor.
  • Experience of syndicate accounting.
  • Technical skills.
  • Working knowledge of UK GAAP FRS 103 Insurance Contracts.
  • Advanced experience of using Excel.
  • Report writing skills.
  • Be able to communicate and summarise complex accounting and influence stakeholders.
  • Experience with accounting software (PeopleSoft).

Education:

  • Qualified accountant (Chartered or ACCA).

Personal Skills:

  • Able to deliver results under tight deadlines, showing flexibility when required.
  • Strong sense of accountability and ownership of the work assigned.
  • Emphasis on quality of the outputs produced.
  • Self-starter, requiring minimum supervision, with the ability to solve problems and find solutions.
  • 'Can do' attitude and willing to take more responsibilities.
  • Strong communication skills at every level within the organisation.
  • Team player.

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