Finance Operations Accountant (12mth FTC)

PoloWorks

5d•Hybrid

About The Position

Polo Managing Agency (PMA) is a third-party managing agency operating within the Lloyd’s market, supporting syndicates on behalf of third-party capital providers. As the business continues to grow, there has been significant investment in financial systems and data capabilities, particularly through the development of a Data Warehouse (DWH). This role will act as a key link between Finance and the Data team, supporting both business-as-usual processes and ongoing development of the DWH. The position will play a critical role in ensuring the integrity of financial data, supporting syndicate reporting, and driving improvements in processes and controls. This is a remote role, with some visits to the London office periodically.

Requirements

Knowledge of Insurance accounting.
Experience in working in a project environment.
Ability to liaise with people of different levels and experience and skill-sets e.g. IT, Data, Finance, Actuarial.
Good reconciliation skills.
Methodical work practices.
Experience in dealing with large volumes of data and excellent Excel skills.
Good written and verbal communication skills.
Knowledge of AI or a willingness to learn and share knowledge to help modernize processes and implement the benefits of technological change.

Responsibilities

Liaise between Data Team and Finance Team.
Check calculations of Gross written and earned premium (and associated acquisition costs) as performed by the DWH.
Identify errors in calculations and any required manual adjustments required for the close process.
Identify any control weaknesses to the process and recommend improvements.
Assist implementing the DWH new syndicates including implementing new writing and earnings patterns.
Establish and document effective controls over process and data in the DWH and downstream into Finance modules (post DWH calculations currently in Excel)
Develop exception reporting using AI where appropriate
Identify and assist in developing new calculations in the DWH e.g. switching-to-signed (i.e. where premium is changed from being recognised on the basis of underwriter estimate to being recognised on the basis of Signed messages.)
Identify and test reports from the DWH as required by PMA on behalf of third-party syndicates.
Help developing use of AI where appropriate to reduce reliance on Excel use downstream of DWH e.g. Data exception reporting.