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General
Job Title: Assistant Operations Accountant (FTC 18 months)
Division: Finance Operations - Credit Control
Reports To: Operations Accounting & Bordereaux Production ACM
Key Relationships
* Internal: Finance, BDX Production, UK & ROW Operations, Underwriting, Claims, IT
* External: Brokers, Third-party service providers, External credit controllers
Job Summary
The Assistant Operations Accountant plays a key role within the Credit Control team, supporting the credit control managers across the various entities, supporting offshore teams with bank reconciliations and reporting, active engagement in the bank rationalisation project, assisting with internal and external audits and supporting process improvements.
Key Responsibilities
* Reconcile bank accounts and produce a limited number of Bordereaux.
* Monitor bank account activity and assist in calculating investment sweeps.
* Review external credit controller bank reconciliations; provide cash allocation metrics to Service Company Finance.
* Participate in the BSOL/BSIL bank rationalisation project and support resolution of variances.
* Manage the monthly coinsurance production, and payments, including DD commissions and UAT of the payment automation project.
* Assist underwriting with premium queries related to EPI and signings.
* Prepare ad hoc reports and coordinate internal reporting activities.
* Support credit control projects and internal/external audits.
* Continuously improve the credit control function; propose and implement process improvements.
Education & Qualifications
* Studying towards or qualified in ACCA, CIMA, ACA (preferred)
Skills & Abilities
* Advanced Excel skills (e.g., pivot tables)
* Strong understanding of double-entry accounting
* Problem-solving mindset with willingness to challenge existing processes
* High attention to detail; numerate and analytical
* Strong time management and prioritisation
* Excellent written and verbal communication
* Self-motivated, proactive, able to work independently or as part of a team
* Proficient in MS Office Suite
Knowledge & Experience
* Understanding of insurance company accounting and operations (preferred)
Experience In
* Balance sheet reconciliations and trial balance management
* Financial control processes
* Process improvement and project implementation
* Working with finance, underwriting, and banking systems
Aptitude & Disposition
* Flexible, enthusiastic, and self-driven
* Diplomatic and professional with ability to interact at all levels
* Willingness to get involved in details and work collaboratively with internal and external stakeholders
Competencies
* Teamwork
* Technical accuracy
* Analytical thinking
* Communication
* Integrity and energy
* Speed and quality of delivery
Desirable (Not Essential)
* Experience with process/system change implementation
* Experience in Lloyd’s/general insurance environment
* Knowledge of Xchanging processes (e.g., premiums and claims)
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.
Seniority level
* Seniority level
Not Applicable
Employment type
* Employment type
Contract
Job function
* Job function
Accounting/Auditing and Finance
* Industries
Insurance
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