Details:
- Salary: £600 - 750 - Day
- Job Type: Contract
- Job Status: Full-Time
- Salary Per: Day
- Location: London
- Date: 7 hours ago
Description:
Management Accounts: Preparing and reviewing monthly management accounts, profit and loss statements, balance sheets and financial reporting packs.
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Premium Reconciliations: Overseeing the reconciliation of insurance premiums received, ensuring accurate allocation and reporting of premium income.
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Claims Financial Reporting: Monitoring claims-related financial transactions, reviewing claims payments and ensuring accurate financial records.
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Broker & Insurer Reconciliations: Managing financial reconciliations between brokers, insurers, underwriters and other third-party providers.
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Month-End & Year-End: Taking ownership of month-end and year-end processes, including journals, accruals, prepayments and balance sheet reconciliations.
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Budgeting & Forecasting: Preparing annual budgets, financial forecasts and cash flow projections, monitoring performance against business targets.
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Cash Flow Management: Monitoring cash flow, premium income, outstanding balances and payment cycles.
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Regulatory Compliance: Ensuring financial processes comply with relevant insurance industry regulations and reporting requirements, including FCA requirements where applicable.
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Financial Controls: Maintaining robust internal controls, financial procedures and accounting policies to minimise financial risk.
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Commission Management: Overseeing broker commissions, introducer fees and other insurance-related payments, ensuring accuracy and timely processing.
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Audit & Statutory Reporting: Coordinating external audits, preparing statutory accounts and ensuring financial records are maintained accurately.
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Team Management: Managing and supporting the finance team, overseeing daily workloads and ensuring financial deadlines are achieved.
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Business Partnering: Working closely with underwriting, claims and senior management teams to provide financial analysis and support commercial decisions.
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Process Improvements: Reviewing existing finance systems and processes, identifying opportunities to improve efficiency, accuracy and financial controls