Accounts Assistant

Discipline: Finance & Strategy
Job type: Permanent
Contact email: ollie@weareedenbrook.com
Job ref: J5118
Published: 3 days ago
We are working with a leading international London market insurer for an Assistant Accountant. This role is focused on delivering the daily liquidity position to various company stakeholders to assist the Syndicate Accountant in maintaining the bookkeeping records of managed syndicates. The core responsibilities of this role are to: • Obtain authorisation and manage the weekly expense payment process. • Prepare daily cash balances and invested fund reports for treasury as required. • Prepare and post Settled Direct cash journals. • Assist in the reconciliation of Settled Direct underwriting transactions, including running regular reports from SUN, circulating to relevant departments and matching current and historical cash to signings. • Prepare international payments using various banking platforms including Barclays, Citibank, RBC. • Assist in preparing accruals and prepayments schedules. • Reconcile underwriting settlements and Lloyd’s expenses. • Prepare monthly bank reconciliations. • Processing purchase ledger invoices from authorisation to payment. • Assist with the review process for proposed new Delegated Underwriting Authority arrangements. The ideal candidate is: • Experienced in the insurance industry, with a preference to London market. • Knowledge of SUN Q&A and SharePoint desirable but not essential. • Proficient in the use of standard office IT applications.