Finance Assistant - Insurance

• Annual Salary: £35,000 - £38,000 plus full ACA study support
• Location: City of London
• Job Type: Hybrid (4 days in office, 1 day from home)

Join a leading team in the financial sector as a Finance Assistant, where you will be part of an ambitious and rapidly growing team managing a large portfolio of UK and international business. This role is ideal for someone with a background in bookkeeping or accounting within financial services who is eager to advance their career.

• Manage and process the month-end financial reporting for the Yacht account.
• Organise timely BACS premium payments and issue payment bordereaux.
• Reconcile multi-currency bank accounts.
• Process accurate and timely claims payments.
• Track and follow up on overdue premiums, ensuring compliance with payment terms.
• Send cancellation notices for overdue premiums.
• Prepare monthly performance reports for the Managing Director.
• Reconcile monthly income: premiums received, payments made, and commissions paid.
• Collaborate with the wider yacht team to resolve finance-related issues.
• Maintain relationships with insurers, agents, and brokers, resolving queries promptly.
• Provide general finance team support as needed.

• Currently working in an accounting/finance role, ideally working towards an accounting-based qualification.
• Strong communication skills for liaising with underwriters, claims managers, and external partners.
• Analytical and problem-solving abilities with experience in interpreting financial data.
• Fast learner, able to thrive in a dynamic environment.
• Experience in financial reporting, accounts payable/receivable, and claims processes.
• Knowledge of insurance financial processes, including premium collections and claims management (preferred, but not essential).
• Self-motivated, efficient, and adaptable – a career-driven individual with a positive attitude.
• Proficient in Excel and Microsoft Office.
• Experience with multi-currency BACS payments.
• Familiarity with an MGA finance system and QuickBooks is preferred.
• Collaborative team player.

• Competitive salary with full ACA study support.
• Hybrid working model allowing flexibility.
• Opportunity for career progression and professional development within a dynamic team.

To apply for the Finance Assistant position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this role.