Financial Accountant (Insurance) - #2109491

Role: Financial Accountant (Insurance)

Location: London

Salary: £Negotiable + Benefits

About the Role:

We are expanding our Finance team in London to continue supporting our growing insurance businesses in the most effective way. This is an excellent opportunity to join Brown & Brown in a role that offers strong exposure across financial accounting, reporting, and controls, with excellent career development opportunities as the business continues to grow and evolve.

The Financial Accountant will play a key role in ensuring accurate financial reporting, strong balance sheet control, and compliance within a regulated insurance environment.

Key Responsibilities:

Financial Accounting & Month-End Close

• Perform the month-end close process, including preparation, review, and posting of General Ledger (GL) journal entries, including transfer of balance from RiskServe to Workday (General Ledger)
• Ensure all month-end journals (accruals, prepayments, reclassifications, and adjustments) are accurate, complete, and posted within close deadlines.
• Maintain and reconcile general ledger accounts, ensuring all financial transactions are recorded accurately and on a timely basis.
• Prepare and review balance sheet reconciliations, investigating and resolving reconciling items promptly.

Financial Analysis & Reporting:

• Produce timely and accurate profit and loss (P&L) analysis, explaining variances against prior periods and budgets.
• Analyse movements in selected balance sheet accounts and provide clear commentary.
• Support management reporting with accurate financial data and insights.

Compliance & Regulatory Reporting:

• Assist in the preparation of quarterly regulatory returns, ensuring compliance with insurance and statutory reporting requirements ( FCA RMAR and Baseline resilience survey, ONS Reports, VAT)
• Support adherence to internal accounting policies and external regulatory standards.

Audit & Controls:

• Support internal and external audits by preparing documentation, schedules, and explanations as required.
• Assist in maintaining strong financial controls and ensuring audit points are addressed efficiently.

Stakeholder Management & Ad Hoc Work:

• Liaise with internal teams and external stakeholders, including auditors and advisors.
• Support ad hoc finance projects and initiatives as required across the business.

Process Improvement:

• Actively contribute to strengthening the Finance function including continually identifying ways to improve processes, controls, reporting, and analysis, particularly within the month-end close and GL processes.

Key Skills & Experience:

• Qualified (ACA / ACCA / CIMA)
• Insurance experience is required to be considered for this role
• Prior experience in financial accounting
• Strong understanding of general ledger, journal processing, and month-end close.
• Experience with balance sheet reconciliations and financial analysis.
• Strong attention to detail with the ability to meet tight deadlines.
• Confident communicator with the ability to work collaboratively across teams.
• Proficiency in accounting systems and excel.

What We Offer:

• Competitive, negotiable salary and benefits package
• Exposure to a growing, international insurance group
• Career development and progression opportunities
• Collaborative and professional finance team environment

For more information please apply online or contact Dan Hurley.