Insurance Accountant

Posted 2 Days Ago
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London, Greater London, England
Hybrid
35K-50K Annually
Entry level
Insurance • Cybersecurity
The Role
As an Insurance Accountant, you will support the finance department by managing accounts receivable, creating bordereaux reports, performing bank reconciliations, and ensuring compliance with regulations. Additionally, you will communicate with clients and assist in the automation of financial processes, contributing to the growth of the company.
Summary Generated by Built In

About Us


Resilience is the next-generation cyber risk company that’s on a mission to help make the world cyber resilient. 


Founded in 2016 by experts from across the highest tiers of the US military and intelligence communities, augmented by prominent leaders and innovators from the insurance and technology industries, the privately-held firm is rewriting the rules of how cyber risk is assessed and managed for middle to large market enterprises. Rooted in decades of experience, Resilience helps financial, risk, and information security leaders continuously improve their organizations' cyber resilience by connecting cyber insurance coverage with advanced cybersecurity visibility and a shared plan to reinforce actionable cyber hygiene. 


Resilience is proud to be backed by leading technology investment firms including General Catalyst, Lightspeed Venture Partners, Intact Ventures, Founders Fund, CRV, and Shield Capital. With headquarters in San Francisco, Resilience’s team is globally dispersed, with offices in New York, Chicago, Baltimore, Toronto, and London. Resilience offers insurance coverage through its licensed and appointed insurance agency and security services through its expert security team.  


For more information, visit us at www.cyberresilience.com


This position will be a key hire in the accounting and finance department of a fast-growing start-up. The position will be able to make an immediate impact helping to grow and automate the financial and reporting processes for the UK and EU businesses from the ground up. The role will have visibility across the insurance and SaaS businesses including UK and EU and will be instrumental in daily operations and the automation of existing processes. Resilience is growing quickly as we expand our operations and capitalise on momentum, creating exciting opportunities for growth and development.


This is a hybrid role located in London.

Responsibilities:

  • Responding to enquiries from clients, brokers and underwriters and ensure that all information required is obtained and communicated. 
  • To record all accounts receivable, commission and client premiums and ensure that these are all paid within credit terms. 
  • Creation of monthly bordereaux reports.
  • Bank reconciliations and cash matching. 
  • Undertake tasks and responsibilities on a multi-currency and multi-company ledger .
  • Dealing with insurers and clients in respect of setting up and maintenance of claims funds. 
  • Provide administrative and operational support for the preparation of invoices. 
  • Help test and provide feedback to IT in relation to bordereaux changes and improvements
  • Ensure compliance with group procedures and external regulations. 
  • Support the overall operational governance and decision-making process. 
  • Any other duties commensurate with the position or level of responsibility. 

Qualifications:

  • 1+ years’ experience in a broking or underwriting insurance role.
  • Understanding of London and/or international insurance market practices. 
  • General understanding of insurance MGA compliance requirements. 
  • Proven track record of delivering high levels of client service. 
  • High level of attention to detail and high standards of presentation 
  • Articulation with ability to communicate complex issues both verbally and in writing. 
  • Ability to work well within a small team. 
  • Excellent IT skills in MS Excel, Word, PowerPoint, and G-Suite.
  • Experience working with accounting software i.e. Sage Intacct.
  • Excellent problem-solving skills and ability to think clearly using logic and reasoning. 
  • Flexible hybrid role split between our London office and home.

What Resilience Offers You


-Flexible work environment and a remote working culture. 

-We understand you need time off to recharge. Our employees are given flexible annual leave entitlement that they are encouraged to use!

-Our comprehensive remuneration package: highly competitive salary, stock options, bonus structure and exceptional employee benefits scheme. This includes up to 12% pension contribution, healthcare cash plan, private medical insurance, life insurance, income protection insurance and critical illness insurance.

-As a quickly growing company, we are able to offer employees professional development and career growth opportunities.

-Connection: interest driven Slack channels help to keep our remote workforce connected with one another (#foodies, #pets, #fitness), as well as company off-site events.


Accommodations and Accessibility


We want to ensure you're able to perform as well as possible in your interview. As part of that, if you have any accessibility-related needs to ensure a comfortable visit, please let us know. We'll do our best to provide reasonable accommodations to suit your working style during your interview and if you join our team.


If you require a reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to our Human Resources team at [email protected].

Top Skills

Google Suite
Excel
Ms Powerpoint
Ms Word
Sage Intacct
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The Company
HQ: San Francisco, CA
131 Employees
On-site Workplace
Year Founded: 2016

What We Do

Resilience has been purpose-built to eliminate the Fear, Uncertainty, and Doubt that the cyber security and insurance industries have thrived on. Our unique solution to cyber risk integrates stronger security and enhanced insurance coverage by prioritizing the threats that matter most to a client's business. By leveraging data on real world cyber incidents, we help our clients to better prepare, protect, and progress their cyber resilience.

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