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Senior Technical Insurance Accountant at MS Amlin
London, United Kingdom
Job Descrption
Contract Type: Permanent
Work Pattern: Full Time and Hybrid
MS AUL appointed a new CFO earlier in 2024 and the role of the Finance function in the context of the wider organisation is changing. Finance is aligning to support a number of key strategic objectives across MS Amlin with 2024 and 2025 being important years where we embed a number of significant changes that will see us report IFRS17 results and accelerate the financial close.
It's an exciting time to be part of the MS Amlin Finance team right now. We're looking for an accountant with strong insurance and accounting experience, lots of energy, keen to make a difference and play an important role in building an efficient Finance function.
About The Job
While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:
• Ownership and Responsibility for all Inwards Insurance transactions in the financial result, including:
• Intermediate understanding of and responsibility for... reconciliations and control of automated insurance transactions in the ledger
• Ownership of any manual processing required related to inwards insurance transactions
• Responsibility for technical intercompany reconciliations with service companies, including being first point-of-contact for intercompany partners
• Intermediate understanding of and responsibility for reconciliations and control of automated reserving (e.g. IBNR) transactions in the ledger
• First point-of-contact for auditors for inwards insurance and reserving
• Responsibility for analysing and producing commentary on the inwards insurance result
• Responsibility and first point-of-contact for any downstream reporting (including Lloyd’s Regulatory and Head Office) and external queries relating to inwards insurance and reserving transactions
• Secondary responsibility for outwards reinsurance and intercompany transactions
You’re going to enjoy this job if you also:
• Have an eye for detail
• Are a strong problem solver
• Can explain complex data in simple terms
• Embrace change and continuous improvement
• Enjoy a collaborative working environment
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
• Accounting Qualifications
• Strong Excel skill
• Strong understanding of Insurance accounting
• Ideally Lloyd’s Market experience
• Ideally experience with Oracle general leger
• Good communication skills
• Strong controls and reconciliations experience
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?
• Competitive Base Salary
• Performance Related Discretionary Bonus
• Holiday: 28 days core annual leave, and you can buy up to 5 days
• Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
• Private Medical: cover for yourself. Family members/dependants can be added.
• Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
• Life Assurance: 5 x annualised base salary
• Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
• Continuous Learning Approach: Including study support with professional qualifications.
• Employer Supported Volunteering: 3 days volunteering leave.
• Annual health screening
• Give as you earn
• Cycle to work
• Season ticket loan
• Green car scheme
• Retail discount platform
About MS Amlin
MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd’s, Continental European, US and Bermudian global (re)insurance markets.
This role is in our Lloyd’s business
Our Lloyd’s business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London’s (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd’s Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years
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