Full-Time

Technical Accountant

6mth FTC

Posted on 9/13/2024

Assurant

Assurant

10,001+ employees

Risk management solutions for consumer electronics

Financial Services
Consumer Goods

Mid

Northwich, UK

Hybrid working opportunities available.

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
SAP Products
Requirements
  • Qualified Accountant (ACA, ACCA, CIMA or equivalent) and a high level of technical proficiency
  • Advanced spreadsheet skills
  • Good accounting skills with a desire to develop new solutions
  • Experience of PeopleSoft, Felita or equivalent such as SAP
  • Experience of AS400 desirable, but not essential
  • Experience of the insurance industry
Responsibilities
  • Reconcile general ledger interfaces to cash transactions, profitability reports and other reporting
  • Create manual journal entries for non-interfaced business and for ledger corrections
  • Prepare sales invoices and processing of vendor invoices following the correct approval and payment process
  • Ensure that period end provisions for unearned premium, deferred expenses, outstanding claims and IBNR have been correctly made and following up with actuarial and underwriting staff. This will include checking interfaces back to underwriting data and creation of manual journals for adjustments and non-interfaced business.
  • Ensure that transactions are recorded at the level of detail required for future reporting, including the correct use of general ledger fields in addition to the development and use of controls
  • Create cash transfer requests with appropriate journals and the reconciliation of insurance control accounts between departments
  • Report IPT liabilities, reconciliation of IPT balances and cash transfers
  • Prepare balance sheet reconciliation for specified accounts

Assurant provides risk management solutions that focus on protecting consumer purchases, particularly in mobile devices, electronics, and smart technology. The company offers insurance products and extended service contracts that safeguard investments in high-value items, helping clients manage the financial impact of unexpected events. Assurant also provides repair services to quickly restore damaged products. Unlike many competitors, Assurant emphasizes a commitment to diversity, equity, and inclusion within its corporate culture, which enhances its ability to serve a diverse customer base. The company's goal is to support consumers and businesses by minimizing risks associated with their purchases and ensuring their operations run smoothly.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

1892

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of iSmash enhances Assurant's tech repair services in the UK.
  • ALI acquisition expands Assurant's footprint in commercial equipment leasing insurance.
  • Growing reliance on electronics boosts demand for Assurant's insurance offerings.

What critics are saying

  • Fintech competition may erode Assurant's insurance market share.
  • iSmash acquisition poses integration and operational challenges.
  • ALI acquisition introduces new regulatory and compliance risks.

What makes Assurant unique

  • Assurant specializes in risk management for mobile devices and electronics.
  • The company offers insurance products and extended service contracts globally.
  • Assurant's DEI commitment enhances innovation and customer understanding.

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