MS Amlin
Assistant Accountant (12 month FTC)
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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
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You’re going to enjoy this job if you are:
- Have a Problem-solving mindset 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.
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
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
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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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