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.

Responsibilities

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 Responsibilities

• 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

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