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Role Summary and Purpose
Reporting to the Finance Manager and assisting the wider finance team, this is an exciting opportunity for the right candidate who is currently or has a desire to study for an accounting qualification to join a growing US owned UK business with operations across multiple platforms including UK and Irish Insurance Companies, Lloyd’s Syndicates and a large UK regional branch network.
The role will offer the right candidate a wide range of responsibilities and exposure across the finance function and the wider business.
Location for the role will be a hybrid between home working and the London office.
Key Tasks and Responsibilities
- Preparation of journals and balance sheet reconciliations under both US GAAP and UK GAAP.
- Assist the team with various month and quarter end close processes.
- Assist with preparation of financial statements and assisting with audit queries.
- Own the Irish entity branches co-insurance financial process, involving reconciling fiduciary assets
- and liability ledgers and liaising with the Underwriting Assistants to ensure this process is efficient.
- Assist with process improvements across the finance division using automation.
- Documentation of key finance processes and controls.
- Providing support to the Finance Managers and Financial Accountants.
- All responsibilities will cover aspects of work across multiple entities including the UK and Irish Insurance Companies, MGAs as well as service/holding companies and the Lloyds syndicates.
- Ensure that all Governance and Compliance requirements are considered from a finance perspective, including SOX controls relating to the operations of the business.
Role Requirements and Skills
- Demonstrates good accounting skills
- Good attention to detail
- Strong communication skills
- Demonstrates good problem-solving skills
- A proactive and strong team player with the ability to be “hands on” and adaptable to changes
- High competence in Excel
- Demonstrates strong working knowledge of financial accounting systems preferable Workday but not essential.
Qualifications
- Studying/Part Qualified CIMA/ACCA/ACA
Experience
- 1-2 years’ experience in a similar role
- Degree in accounting or similar subject
- Experience with Insurance companies is desirable, but not essential
- Preferably previous financial reporting experience.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
14101 Arch Europe Insurance Services Ltd
