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Insurance Accountant
Location: Haywards Heath Hybrid (1 day per week in-office) About the Role This newly created position is designed to provide critical financial insights that empower effective decision-making at Markerstudy Group. We are seeking a qualified accountant with solid experience in the insurance industry and a strong working knowledge of Solvency II regulations. As part of our experienced Haywards Heath team, you ll join a dynamic, rapidly expanding company committed to growth and excellence. Key Responsibilities - Financial Accounting: Lead the production and review of financial accounts, ensuring accurate balance sheet reconciliations.
- Month-End Process: Oversee the month-end process and manage trial balance spreadsheets, ensuring timely and accurate reporting.
- Solvency II Calculations: Assist with the calculation of Solvency II balance sheets and SCR for various insurance entities.
- Regulatory Reporting: Support quarterly and annual Solvency II returns, including analysis for SFCR reports.
- Management Reporting: Prepare monthly management information for CFO reports.
- Technical Reconciliation: Produce and reconcile technical data for statutory accounts and regulatory returns, covering coinsurance, quota share, XOL declarations, and tax filings.
- Banking and Payments: Assist with daily online banking activities, including payment authorisations in line with company mandate.
- Audit Support: Take ownership of audit preparation and compliance.
- Interdepartmental Liaison: Coordinate with team members and the wider finance department, ensuring data flows support service level objectives and group reporting requirements.
- Process Optimisation: Continuously improve systems and spreadsheets for streamlined financial processes, implementing changes as needed.
- System Integration: Maintain a comprehensive understanding of underwriting and financial systems and their interactions.
- Team Leadership: Manage a small team to achieve operational objectives.
- Documentation Maintenance: Ensure all process notes are kept current and tested.
- Additional Tasks: Undertake other duties as reasonably required.
Requirements: - Qualifications: ACCA, ACA, or CIMA qualified
- Experience: Demonstrated experience in the insurance industry, including expertise in Solvency II
- Leadership and Adaptability: Ability to lead and adapt to change is highly desirable
Benefits - Life Assurance (4x annual salary)
- Company-funded Medical Cover
- Company Pension Scheme
- 28 Days Holiday + Bank Holidays
- Virtual GP Access (opt-in)
- Discretionary Bonus
- Opportunity to join an ambitious, rapidly growing company
About Markerstudy Group Established in 2001, Markerstudy Group is a leading insurance service provider in the UK, protecting over eight million customers with a broad range of insurance products and services. Following a recent merger, Atlanta Insurance and Markerstudy Distribution deliver motor, home, SME, and pet insurance through partnerships with some of the UK s most respected brands, as well as via our own brands, including Swinton, Carole Nash, Marmalade, Budget, Lancaster, and Purely Pets. Our division Clegg Gifford enhances our presence in the Lloyd s of London market with both personal and commercial insurance offerings. As one of the UK s largest Managing General Agents, Markerstudy Insurance Services Limited (MISL) supports broker partners with standard and bespoke underwriting solutions. Additionally, we operate complementary businesses including Auto Windscreens, VisionTrack, and Vision Vehicle Solutions. Markerstudy is proud to be an Investor in People Gold accredited employer, with over 7,000 employees across the UK.  |
