Finance Manager- London Market Insurance

We are looking for an experienced Insurance Accountant to join a Lloyd's of London insurer. This role will support both the management and underwriting accounts functions, playing a key part in financial reporting, ledger management, and regulatory compliance within a complex insurance environment.

This is an excellent opportunity for a finance professional with strong insurance accounting experience to work across multi-entity structures, underwriting pools, and detailed reconciliations, while contributing to process improvements and strengthening financial controls within a highly respected London Market insurer.

Requirements
Management Accounts

• Maintain the general ledger


• Prepare and review monthly management accounts (P&L, balance sheet reconciliations, issue resolution)


• Perform expense variance analysis


• Manage cash flow and support treasury/liquidity planning


• Oversee month-end close (accruals, prepayments, journals)


• Prepare quarter-end journals (intercompany and recurring)


• Submit quarterly VAT and annual P11D returns


• Run monthly payroll and process company/staff expenses


• Support regulatory returns, budgeting, and forecasting


• Assist with statutory audit and annual tax pack

Underwriting Accounts

• Maintain underwriting pool ledgers


• Prepare quarterly premium and claims bordereaux


• Produce quarterly reporting outputs


• Post journals and reconcile to policy administration systems and expenses


• Perform balance sheet and ledger reconciliations, resolving discrepancies


• Process premium receipts and claims payments; investigate variances with underwriting


• Manage multi-currency transactions and reconciliations


• Oversee debt collection and reinsurer settlements


• Prepare and issue statements to reinsuring pools


• Agree and settle bordereaux, resolving broker queries


• Support external reviews and coverholder audits

Other

• Continual development of reporting solutions.


• Develop and improve financial controls and processes


• Ad-hoc management reporting and financial analysis


• Assist in maintaining relationship with third party providers

• 5+ years experience working in an insurance finance team


• Proficient in Microsoft Excel


• Strong attention to detail and organisational skills


• Experience of Sage 200


• Insurance accounting experience


• Ability to manage multiple tasks and deadlines effectively

Salary: up to £100k