Job Description
Job Title: Accounts Assistant - Lloyd's Insurance BrokerLocation: Southend-on-Sea, Essex (with potential travel to London office)Salary: £30,000 - £35,000 per annum + benefitsJob Type: Full-time, PermanentSector: Insurance / Finance / AccountingCompany OverviewAn established and respected Lloyd's insurance broker, with offices in both the City and Southend, is currently seeking an Accounts Assistant to join their finance and operations team. Known for their high level of service and strong industry reputation, this broker operates across multiple classes of insurance and provides tailored solutions to clients in the London Market and beyond.The RoleThe successful candidate will play a pivotal role in supporting both the Management Accounts and IBA (Insurance Broker Account) functions. This is a varied, hands-on role within a busy finance department, ideal for someone with previous experience in an insurance, brokerage, or accounting office setting.You will be responsible for handling day-to-day accounting tasks while ensuring accurate and timely processing of transactions.
This role offers excellent exposure to London Market operations and the opportunity to work closely with senior stakeholders.Key ResponsibilitiesCash matching and allocation across various accountsProcessing IBA payment runsWeekly IBA reporting on aged debt, funding, and unallocated cashPreparing statements for underwriters, clients, and third-party accountsChasing outstanding premiums and resolving allocation queriesFiling relevant financial documentation (e.g. bank statements, remittances)Office bank reconciliationsProcessing staff expenses and reconciling company credit cardsSupporting the marketing division with weekly BDX declarationsMonitoring and reporting on aged debt and unallocated itemsAssisting the management accountant with monthly budget variance reports and checksSupporting with general finance administration as requiredCandidate RequirementsEssential:Previous experience in an accounts or finance assistant role, preferably within insurance or professional servicesStrong numerical and literacy skillsGood knowledge of Microsoft Excel, Word, and OutlookAbility to prioritise workload and meet deadlines in a fast-paced environmentClear and professional communication skills, both verbal and writtenExcellent attention to detail and a proactive, problem-solving mindsetDesirable:Familiarity with IBA processes and Lloyd's market accountingAAT qualification or studying towards an accountancy qualificationExperience with accounting software systemsBenefitsCompetitive salary based on experienceFull-time, permanent position with a reputable Lloyd's brokerStudy support for AAT or relevant financial qualificationsFriendly and collaborative team environmentClear development path for candidates looking to grow within the insurance finance sectorTo apply, please submit your CV with a brief cover note outlining your relevant experience.#InsuranceJobs #AccountsAssistant #LloydsBroker #InsuranceFinance #SouthendJobs #LondonMarket #IBA #AccountancyCareersTools