Assistant Management Accountant | Insurance Tech Start Up


Assistant Management Accountant | Insurance Tech Start Up

  • Type:
  • Where:
  • Starts:
  • Salary
    £30000 — £35000
    Per annum
  • Industry:
  • Doing what:

    Assistant Management Accountant | Fast Growth Insurance Tech Start Up (Insurance Experience needed) | London

    The Client

    Harmonic are working exclusively with a fast growth insurance tech company who have raised an impressive £12m at series A via some very exciting VC Funds and established players in the Insurance industry looking to invest in innovative technology. This investment is going to help them to expand and grow quickly as they plan on doubling the size of the team to 100 and expanding into international markets within the next 12 months.

    They are successfully disrupting the market and creating the future of insurance with artificial learning, machine learning and risk profiling technology. This is the perfect opportunity to join an exciting start-up as they launch into their period of rapid growth

    The culture is fast paced but fun with space for personal growth. They are looking for an intelligent and ambitious Part Qualified Accountant with prior experience in insurance who is perhaps frustrated at the lack of innovation, growth and subsequently impact they can have in one of the more established players.

    The suitable candidate will need to be confident communicating not only with other teams across the business but also with external stakeholders. The client is based in one central London but is of course supportive of significant remote and flexible working

    The Role

    The Assistant Management Accountant will work alongside the Finance Manager and CFO to help manage the day-to-day Finance and Operational Finance side of the business while getting stuck into major projects and system improvement to facilitate scale. There will be plenty of exposure to the wider business and a chance to move towards more commercial finance projects in the mid-term

    * Produce and reconcile the monthly bordereaux
    * Manage the Accounts Receivable and Accounts Payable function recording payment of premiums and corresponding credit control
    * Managing premium reconciliation with third party insurers
    * Process claim payments
    * Reconciling the daily bank accounts using Xero (support the implementation of Netsuite)
    * Manage client money (CASS) reconciliations
    * Support the Finance Manager and CFO with the completion of month-end and production of management accounts
    * Work with multiple teams across the business to improve MI and financial analysis
    * Build relationships with insurers to manage bordereaux and premium statement queries
    * Support on a range of ad-hoc projects

    Required Experience:

    * Experience preparing and reconciling the monthly bordereaux.
    * Excited by fast paced environments and start-ups
    * Excellent Communication Skills
    * Intelligent and able to adapt

    Preferred Backgrounds/ experience:

    * Prior experience within the insurance sector (underwriter or broker).

    Offered Package:

    * £30,000 - £35,000
    * Share Options
    * Study support (This is open to people who are looking to study their ACCA or CIMA)

    Start Date: ASAP

    Please get in touch at

    Please feel free to circulate this with any friends or contacts that may be interested.

    Follow us on Twitter: @HarmonicGroupHQ

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