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and Purpose
Reporting to the Finance Manager and assisting the wider finance team, this is an exciting opportunity for the right candidate who is currently or has a desire to study for an accounting qualification to join a growing US owned UK business with operations across multiple platforms including UK and Irish Insurance Companies, Lloyd’s Syndicates and a large UK regional branch network.
The role will offer the right candidate a wide range of responsibilities and exposure across the finance function and the wider business.
Location for the role will be a hybrid between home working and the London office.
Key Tasks and Responsibilities
Preparation of journals and balance sheet reconciliations under both US GAAP and UK GAAP.
Assist the team with various month and quarter end close processes.
Assist with preparation of financial statements and assisting with audit queries.
Own the Irish entity branches co-insurance financial process, involving reconciling fiduciary assets
and liability ledgers and liaising with the Underwriting Assistants to ensure this process is efficient.
Assist with process improvements across the finance division using automation.
Documentation of key finance processes and controls.
Providing support to the Finance Managers and Financial Accountants.
All responsibilities will cover aspects of work across multiple entities including the UK and Irish Insurance Companies, MGAs as well as service/holding companies and the Lloyds syndicates.
Ensure that all Governance and Compliance requirements are considered from a finance perspective, including SOX controls relating to the operations of the business.
Role Requirements and Skills
Demonstrates good accounting skills
Good attention to detail
Strong communication skills
Demonstrates good problem-solving skills
A proactive and strong team player with the ability to be “hands on” and adaptable to changes
High competence in Excel
Demonstrates strong working knowledge of financial accounting systems preferable Workday but not essential.
Qualifications
Studying/Part Qualified CIMA/ACCA/ACA
Experience
1-2 years’ experience in a similar role
Degree in accounting or similar subject
Experience with Insurance companies is desirable, but not essential
Preferably previous financial reporting experience.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
14101 Arch Europe Insurance Services Ltd
Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda.
Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture.
We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change.
As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs.
Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here.
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