Title:  Senior Accountant - Insurance 12 Month FTC

HSB (UK and Ireland) , is a leading specialist provider of engineering, technology and structural warranty insurance  solutions, plant and equipment inspection services, and engineering-based risk management activities in the UK and Ireland.

HSB (UK and Ireland) consists of the parent company HSB Engineering Insurance Limited (HSBEIL) together with its two UK subsidiaries, HSB Engineering Inspection Services Limited (HSBEISL); and a regulated MGA, MD Insurance Services Limited (MDIS), which trades as Premier Guarantee or LABC Warranty.

Collectively HSB is the UK and Ireland’s only group of companies solely focused on providing specialist engineering and technology insurance solutions and risk focused inspection services and assessments to its customers.

Job Purpose:

The focus of the Senior Accountant role is to assist in the preparation and reporting of high-quality financial information, including undertaking and being accountable for various key financial processes. Additionally, the role holder will support and drive continuous improvement initiatives, including automation, in addition to enhancing the control environment.

Key Responsibilities:

• Potential management of a small team. To lead, develop and mentor.

• Contribution to the month and quarter close process in line with company policies and timetables.

• Create and maintain relationships with various stakeholders.

• Ownership of key month end and quarter end deliverables, for example a subset of the tasks below depending on the team

• Monthly affiliate pack submitted to HSB IIC, including cash flow
• Quarterly reporting to MunichRe (incl. IFRS17)
• Oversight of balance sheets, ensuring understanding and control of balances
• Tax balances, including calculating and posting of corporation tax estimates, and completion of       insurance Premium Tax and VAT returns
• Working cross-function to set IBNR reserves and manage reinsurance recoveries/treaty costs
• Production of insightful financial analysis, including expense analysis and supporting the planning and forecasting process.

• Provide Financial support and respond to ad-hoc requests from key stakeholders across the HSB and MunichRe group.

• Represent finance on various current and future projects relating to both the team and wider business.

• Adhering to robust and compliant accounting processes to ensure accurate reporting of both the P&L and Balance sheet.

• Commitment to personal development in order to meet both current and future requirements of the business

Additional Skills and Responsibilities

• Interacting with People: Establishing relationships with various teams across the business.

• Initiative: Innovative approach to problem solving, anticipating opportunities and the ability to question/challenge existing methods and approaches.

• Attention to detail: Applying high quality standards to all tasks undertaken.

• The ability to communicate effectively at all levels, both verbally and written.

• Ability and willingness to work flexibly and across locations, where deadlines require, within the Company’s required operating hours.

  Key Skills and Experience

  Essential

  • Self-motivated.

  • Strong analytical and investigative skills

  • Identification and drive of continuous improvement activities.

  • Excellent interpersonal and stakeholder management skills.

  • Excellent MS Excel knowledge (VLOOKUP, Pivot tables etc)

  Desirable

  • Experience of working within the Insurance and / or Engineering industry

  Qualifications and Educational Requirements:

  • Qualified Accountant (passed finalist) – CIMA. ACA, ACCA

  Personal Attributes:

  • High standard of organisational skills with the ability to plan and prioritise.

  • Highly self-motivated with the ability to work on own initiative.

   • Ability to build cross function relationships

  Benefits 

  • 25 Days Annual leave + Bank Holidays + Wellbeing days 

  • Up to 13% Pension Contribution

  • Elligibility for annual bonus

  • Private Medical and Dental

  • Life Assurance 

  • Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility) 

  • Study and continuing professional development support

  • Hybrid working

At HSB, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.