Finance Manager- London Market Insurance

About this role

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
Requirements
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
Benefits
Salary: up to £100k