Financial Accountant (Insurance)
Job Description
Role: Financial Accountant (Insurance)
\nLocation: London
\nSalary: £Negotiable + Benefits
\n\nAbout the Role:
\nWe are expanding our Finance team in London to continue supporting our growing insurance businesses in the most effective way. This is an excellent opportunity to join Brown & Brown in a role that offers strong exposure across financial accounting, reporting, and controls, with excellent career development opportunities as the business continues to grow and evolve.
\nThe Financial Accountant will play a key role in ensuring accurate financial reporting, strong balance sheet control, and compliance within a regulated insurance environment.
\n\nKey Responsibilities:
\nFinancial Accounting & Month-End Close
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- Perform the month-end close process, including preparation, review, and posting of General Ledger (GL) journal entries, including transfer of balance from RiskServe to Workday (General Ledger) \n
- Ensure all month-end journals (accruals, prepayments, reclassifications, and adjustments) are accurate, complete, and posted within close deadlines. \n
- Maintain and reconcile general ledger accounts, ensuring all financial transactions are recorded accurately and on a timely basis. \n
- Prepare and review balance sheet reconciliations, investigating and resolving reconciling items promptly. \n
Financial Analysis & Reporting:
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- Produce timely and accurate profit and loss (P&L) analysis, explaining variances against prior periods and budgets. \n
- Analyse movements in selected balance sheet accounts and provide clear commentary. \n
- Support management reporting with accurate financial data and insights. \n
Compliance & Regulatory Reporting:
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- Assist in the preparation of quarterly regulatory returns, ensuring compliance with insurance and statutory reporting requirements ( FCA RMAR and Baseline resilience survey, ONS Reports, VAT) \n
- Support adherence to internal accounting policies and external regulatory standards. \n
Audit & Controls:
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- Support internal and external audits by preparing documentation, schedules, and explanations as required. \n
- Assist in maintaining strong financial controls and ensuring audit points are addressed efficiently. \n
Stakeholder Management & Ad Hoc Work:
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- Liaise with internal teams and external stakeholders, including auditors and advisors. \n
- Support ad hoc finance projects and initiatives as required across the business. \n
Process Improvement:
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- Actively contribute to strengthening the Finance function including continually identifying ways to improve processes, controls, reporting, and analysis, particularly within the month-end close and GL processes. \n
Key Skills & Experience:
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- Qualified (ACA / ACCA / CIMA) \n
- Insurance experience is required to be considered for this role \n
- Prior experience in financial accounting \n
- Strong understanding of general ledger, journal processing, and month-end close. \n
- Experience with balance sheet reconciliations and financial analysis. \n
- Strong attention to detail with the ability to meet tight deadlines. \n
- Confident communicator with the ability to work collaboratively across teams. \n
- Proficiency in accounting systems and excel. \n
What We Offer:
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- Competitive, negotiable salary and benefits package \n
- Exposure to a growing, international insurance group \n
- Career development and progression opportunities \n
- Collaborative and professional finance team environment \n
For more information please apply online or contact Dan Hurley.
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