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Financial Analyst (insurance)

Job LocationSwansea
EducationNot Mentioned
Salary30,000 - 35,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Our client, an innovative, entrepreneurial and growing company, is looking for a Financial Analyst to be based in their Swansea office.The role of the Financial Analyst will be to support the companys Chief Financial Officer (CFO) and Chief Risk Officer (CRO) and the main responsibilities will focus on the following:Bordereaux Management (on a weekly basis)

  • Maintenance and reconciliation of sales and finance bordereaux to the policy administration system
  • Ensure cash/income received is correctly allocated against policies in the bordereaux
  • Ensure the correct treatment of CFOs, Lapses or other adjustments in bordereaux and accounting ledger
  • Ensure contract assets are correctly recorded
  • Posting from bordereaux to accounting ledger on weekly basis (Xero)
  • Assist CFO with normal month end accounting entries on agency ledger
  • Assist CFO and CRO with reporting and KPI requirements
Other business responsibilities:Assist CFO with maintenance of Xero ledger including:
  • Bank posting / reconciliation
  • Posting expenses
  • Preparation of VAT returns
  • Fixed asset schedules, depreciation calculations
  • Production of monthly management accounts
  • Other ad hoc requests
Requirements:
  • A minimum 4 years experience in finance within the insurance market (preferably life insurance market)
  • Degree/educated in Finance, Economics, or related field (preferably working towards an accountancy qualifications)
  • Strong Excel knowledge
  • Strong Analytical skills
  • Excellent attention to accuracy and details
  • Experience in working to weekly/monthly deadlines
  • Willingness to work in office environment
  • Xero experience desired

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