Fr&C Financial Accountant (Insurance)

Job Introduction

Financial Accountant (FR&C) 

Salary £35,000 - £45,000 dependent on experience 

Permanent    

Hybrid – Home and Hub (London/Kent) 

At Saga, we are looking for a Financial Accountant to join our FR&C team within our Insurance Finance team. 

As a Financial Accountant you will support all Financial Reporting and Control aspects of the insurance business. You will lead the preparation of balance sheet analysis and control reconciliation and work closely with other teams to understand the movements in the balance sheet and rationalising these alongside what is happening in the business.  

Additionally, you will produce annual statutory financial statements, contribute to Saga’s consolidated financial statements and ensure that any balance sheet actions are adequately tracked and resolved.   

You will liaise with and support both internal and external stakeholders and you will be a key point of contact for the external auditors.   

Collaboration is important to us at Saga, and our Insurance Finance team typically come together twice a month at our hubs either in London or Kent. 

Role Responsibility

As the Financial Accountant in our Insurance FR&C team, you will be responsible for recording and monitoring balance sheet action points. You will collaborate with the Record to Report, AP/AR and FP&A teams to follow these through to resolution. 

You will be accountable for the following areas: 

• Supporting colleagues across the business, providing detailed help and guidance, as required 
• Showing curiosity to continually review and improve the control and process environment of the business 
• Supporting in the implementation of new IFRS as required 
• Supporting in the production of regulatory reporting, including RMAR and others as required 
• Building excellent working relationships with key stakeholders, both internal and external, including colleagues across finance, internal and external audit 
• Prompt and accurate input into ad-hoc projects and other data analysis as required.  

The Ideal Candidate

Our ideal Financial Accountant would be part qualified ACCA, ACA or CIMA with demonstrable experience within the insurance industry. This role could potentially suit a newly qualified accountant with a reporting background. 

Other skills and experience required include: 

• Excellent analytical skills and the ability to quickly digest detailed and complex information.   
• Prior experience working within an Insurance Broking or Underwriting business is advantageous.  
• Experience and competence in external financial reporting, including preparation of statutory accounts.  
• Able to manage and prioritise own workload and work independently.  
• Able to quickly spot control risks within complex systems and companies, and design and implement processes to prevent or mitigate them.  
• Professional approach, working with diligence and a high regard for confidentiality and professional integrity.  

Package Description

Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.

We offer total flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich.

BENEFITS AVAILABLE TO ALL COLLEAGUES:

• Our working week is 35 hours per week, these can be worked flexibly to suit your working style
• 25 days holiday + bank holidays
• Option to purchase additional leave up to 5 extra days
• Pension scheme matched up to 10%
• Life assurance policy on joining us
• Wellbeing programme
• Colleague discounts including family discounts on cruises and holidays
• Range of reductions and offers from leading retailers, travel groups and entertainment companies
• Enhanced maternity and paternity leave
• Grandparents leave
• Company performance related annual bonus - Up to 5%
• Income protection
• Access to Saga Academy, our bespoke learning platform

About the Company

Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high quality products and exceptional standards of service. These include cruises and holidays, insurance, personal finance and the Saga Magazine.

At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity not just because it is the right thing to do, but because diverse teams perform better.

We’re passionate about diversity, equity, and inclusion. Championing diversity is important to us, and diverse teams really are the best ones. We’re dedicated to creating a culture where every colleague feels like they belong. So that at Saga, more than anywhere else, you can be your best, be yourself and make a difference.

Fair consideration is given to all applicants, including those with disabilities and those over who are over the age of 50. As champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams. We are also an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required. For more information on our DEI policies please visit our Saga Careers page.

​Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner.

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Saga Group