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Covéa Insurance logoCovéa Insurance

Financial Accountant

Skills
AccountingAssociation Of Chartered Certified AccountantsChartered Institute Of Management AccountantsFinanceFinancial AccountingMonthly AccountsTax Preparation
Role

What the job involves

The main requirements, responsibilities and hiring steps.

Requirements

  • A qualified accountant (ACCA, ACA or CIMA) with strong fundamental finance skills.
  • Previous experience in the Insurance sector would be highly desirable.
  • Execution focus and the ability to get things done on time and in accordance with business requirements, through effective planning, coordination, implementation and engagement with stakeholders.
  • Focus on things that matter; effective prioritisation of multiple tasks and management of stakeholder expectations.
  • Educated to degree standard or equivalent (preferably with a Maths or Finance related discipline).
  • Strong communication skills, comfortable liaising with staff and management at all levels.
  • Strong Excel skills (e.g. v-lookups, pivot tables, reports etc.).
  • Self-driven, can work autonomously with integrity and a proven work ethic.
  • Excellent analytical and problem-solving skills, with a high level of accuracy and strong attention to detail.
  • Desire to challenge and improve processes and not follow the status quo.
  • Team player who enjoys working inclusively with people from different backgrounds and disciplines.
  • Establishes and maintains constructive and collaborative relationships with all business areas.

Nice to have

  • Insurance sector experience
  • Execution focus
  • Effective prioritisation
  • Strong communication skills
  • Strong Excel skills
  • Self-driven
  • Autonomous
  • Integrity
  • Proven work ethic
  • Analytical skills
  • Problem-solving skills
  • High level of accuracy
  • Attention to detail
  • Desire to challenge
  • Team player
  • Collaborative relationships

Day to day

  • Taking ownership of various accounting and reporting processes which feed into the monthly accounts with an initial focus on Premium accounting (revenue).
  • Understanding and analysing the Premium on a monthly basis coordinating with the Finance Business Partners and Underwriting to verify and explain variances.
  • Preparing Insurance Premium Tax (IPT) returns for submission to HMRC, being the point of contact for any IPT related queries.
  • Preparing monthly reconciliations for several balance sheet accounts ensuring that any outstanding items are investigated and cleared as appropriate.
  • Assisting in the production and submission of quarterly and annual Solvency II templates and relevant regulatory financial information.
  • Assisting in the preparation of the year-end financial accounts and related schedules and providing support to ensure a clean year-end audit.
  • Developing effective and efficient relationships with other areas of the business and with external specialists.
  • Providing professional and analytical support to the Senior Finance Manager and the wider Finance team.
  • Assisting on various projects (across various areas of the management accounts) to investigate and improve controls to ensure the accuracy of stated results.
  • Recommending and implementing process improvements to improve control and efficiency.