Job Title
Accounts Assistant
Department
Finance
Responsible to
Treasury and Investment Manager
Overview of Role
Entry level accounting role (leading to fully qualified after 3 years) within a small finance department of an insurance company. A small department provides the opportunity to get exposure to all aspects of the company.
Company Description
Managing Agency Partners Ltd is an independent agency that underwrites in the Lloyd’s of London insurance market through Syndicate 2791 and 6103. As an agency, we prioritise collaboration and employee ownership. We are committed to delivering exceptional service to our clients and maintaining our strong reputation in the industry for first class technical underwriting.
Responsibilities
The main responsibilities of the role include assisting with:
- Organising the authorisation and payment of invoices and staff expenses.
- Setting up USD payments to suppliers and investment managers on request.
- Posting journals into the accounting ledger, including the daily LCA Settlement, direct debits, underwriting figures.
- Completion of monthly bank reconciliations and LCA debtor balances.
- Fixed asset management, monthly depreciation calculation and posting.
- Running the monthly recharge process.
- Setting up FX transactions at the request of the finance team.
- Liaising with auditors and providing information on request.
- Entering data into the investment reconciliation software on a monthly basis.
- Preparation of syndicate control reports on a quarterly basis.
- Assisting members of the finance department with ad hoc requests.
- Expected that the candidate will take all the necessary accountancy exams in order to become a fully qualified accountant. This will be supported by the Company both financially and with paid leave for study.
Experience
- No previous experience required, knowledge of basic accounting an advantage but not a requirement.
- Knowledge of Lloyd’s insurance market an advantage but not a requirement. The successful candidate will be supported to sit the LM1 Introduction to Lloyds’s exam.
Qualifications
- Excellent academic record and degree level qualifications.
Desired Skills/Competencies
- The ability to collaborate and develop trusted working relationships with stakeholders and other team members.
- A keen focus on accuracy, timeliness, and attention to detail.
- Highly numerate and clear communicator.
- Strong analytical and problem-solving skills.
- Strategic thinker with good commercial acumen and an ability to innovate.
- Confident to ask questions whilst also having the confidence to work with their own initiative.