AccountingAssociation Of Chartered Certified AccountantsChartered Institute Of Management AccountantsFinanceFinancial AccountingMonthly AccountsTax Preparation
Senior (5-8 years)
UK
We’re here to help people protect against the worst happening and put it right if it does.
1060+ employees
B2CInsuranceFinancial ServicesCustomer service
Role
Who you are
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.
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.
Desirables
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
What the job involves
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.
Covéa Insurance is dedicated to protecting UK customers from potential risks, offering comprehensive insurance solutions across home, motor, and commercial lines. As part of the French mutual insurance group Covéa, they prioritize excellent customer service and financial reassurance, evidenced by their AA- stable rating from Standard & Poor’s. Their commitment to inclusivity and excellence has earned them several accolades, including Insurer of the Year at the British Claims Awards in 2022.
Company benefits
36.25 working hours per week with flexitime (along with a range of flexible working options)
Annual pay review and performance-related bonus
25 days holiday + bank holidays with the option to buy/sell holidays
Continued professional development through internal training programmes professional qualifications and apprenticeships
A wealth of support for your mental, financial and physical wellbeing through our Wellbeing group
A range of health benefits such as access to a 24/7 Virtual GP free eye tests flu jabs and the option to opt into private medical insurance
Tusker Car Scheme - salary sacrifice scheme which lets you drive away a brand new fully maintained and insured car for up to four years
Generous pension scheme with a 7.5% minimum employer pension contribution matched to maximum of 9% dependant on your contribution
Additional benefits such as discounted gym memberships cycle to work schemes and discounts at lots of retailers through Perkpal