General
Job Title: BIdac Assistant Accountant - 12 month contract
Key Relationships: Finance team, Corporate Finance, Credit Control, Claims, Accounts Payable,
Compliance, Auditors.
Job Summary: To support the ROW Financial Controller in preparing financial reporting and
maintaining the Books of Account for the BIdac ledgers.
Key Responsibilities:
* Bookkeeping, bank entries and monthly journals using ledger system
* Preparation of bank reconciliations on a monthly basis
* Preparation of key balance sheet reconciliations on a quarterly basis
* Analytical review of period end insurance receivable and payable balances
* Day to day monitoring and matching of insurance receipts/paymentsIdentifying and advising of corrective action where appropriate, to include posting journals
* Assisting in preparation of trial balances and statutory accounts
* Liaise with Credit Control, Corporate Finance Team, Claims Team, AP Team, Compliance Team,
Auditors and other Finance Teams as appropriate
* Support ROW Finance Controller and BIDAC Finance Manager with Ad Hoc requests and
projects as necessary
General
At Beazley we are committed to doing the right thing because it is the right thing to do. It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley’s core values and behaviours.
* Adopt the Beazley culture of professionalism, integrity, effectiveness and dynamic attitude that contributes to an internal environment of teamwork and promotes a positive brand image and experience to our external customers.
* Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA, Lloyd’s and FCA Conduct Rules. Undertake training on BFL’s policies and procedures as delivered by your line manager, Culture and People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
* Display business ethics that uphold the interests of all BFL customers.
* Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
* Comply with any specific responsibilities necessary for your role as outlined by your line manager, Culture and People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, BFL’s underwriting control standards, BFL’s claims control standards, other Beazley standards and customer relationship management.
* Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any BFL committees or working groups.
Person Specification
Education and Qualifications
* University degree in finance/ business/ accounting preferred
* Studying towards professional qualification i.e. ACCA, CIMA, ACA
Skills and Abilities
* Must be able to work as part of a team
* Accurate and analyticalComputer skills – Excel/MS OfficeExcellent interpersonal and communication skillsAbility to manage time, meet deadlines and prioritise
Knowledge and Experience
Knowledge of insurance company accounting is preferred
Aptitude and Disposition
* Self motivated, flexible and enthusiastic
* Proactive, self starter, seeks continuous improvement
* Professional approach to successfully interact with senior management/ colleagues/ external
suppliers
* Diplomatic
Competencies
* Team work
* Coaching ability
* Technical competence and expertise
* Accuracy
* Analytical thinking/information seeking
* Speed and quality
* Communication
* Energy
* Integrity
* Flexible
Our Culture
We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world.Employee’s diversity,experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.
* Be bold
* Strive for better
* Do the right thing
Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us – our ambitious inclusion & diversity and sustainability targets are testament to this.
We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.
Explore a variety of networks to assist with professional and/or personal development. Our Employee
Networks include:
* Beazley RACE - Including, understanding and celebrating People of Colour
* Beazley SHE - Successful, High potential, Empowered women in insurance
* Beazley Proud - Our global LGBTQ+ community
* Beazley Wellbeing - Supporting employees with their mental wellbeing
* Beazley Families - Supporting families and parents-to-be
We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:
* Internal Pathways (helping you grow into an underwriting role)
* iLearn (our own learning & development platform)
* LinkedIn Learning
* Mentorship program
* External qualification sponsorship
* Continuing education and tuition reimbursement
* Secondment assignments
The Rewards
* The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, global organization
* Attractive base compensation and discretionary performance related annual bonus
* Private medical insurance coverage for both you and your dependents
* Company paid life assurance and long term disability insurance
* Pension with 10% employer contribution, plus a further matched contribution up to 2.5%
* 25 days of annual leave (prorated for 1st calendar year of employment), plus public holidays, with the ability to flex the religious bank holidays to suit your religious beliefs, subject to approval. Additional annual leave purchase is also available up to a maximum of five additional days per year.
* Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
* Up to £550 reimbursement towards home office setup
* Free in-office lunch and monthly lifestyle allowance
* Monthly travel allowance or annual season ticket
* The opportunity to save for, and purchase, shares of Beazley stock
* Six months fully paid parental leave, regardless of how you come to parenthood
* Company paid sabbatical up to 12 weeks after 10 years of continued service
* Support with exam/study leave and fees for relevant qualifications related to furthering education
* Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business
Don’t meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.
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