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General information

Posting ID
PRE8
Type of employment
Permanent
Organisation
Pool Re Services Limited
Salary Banding MIN
£ 35000
Location
London
Salary Banding MAX
£ 40000
Workplace Type
Hybrid

Description & Requirements

Finance Assistant

Pool RE

Location: London – Hybrid role with 60% office attendance

Salary: £35,000 - £40,000 depending on experience. Discretionary performance bonus up to 10%

About the role:

To assist in carrying out the Finance departmental responsibilities of the Company,

including but not limited to the processing of invoices, expenses, and period end

accounting transactions and reconciliations, ensuring accounting records are prepared

and accurately maintained, whilst ensuring compliance with financial procedures and

controls.

Role responsibilities:

1. Process purchase invoices and business expenses in line with internal policies and

controls, resolving supplier queries, preparing payment runs and maintaining

audit-ready financial records.

2. Process and reconcile Member premium receipts and dividend payments, liaising

with the Underwriting and Customer Engagement teams and Member insurers to

resolve queries.

3. Monitor the Group daily cash position, circulate the daily cash report, process

subscription and inter-account transfers and record cash movements.

4. Complete monthly bank and credit card reconciliations with accuracy and within

required deadlines.

5. Support the preparation of quarterly and annual regulatory reports for the Office

for National Statistics (ONS), HM Treasury (HMT), VAT and statutory payment

practices submissions.

6. Liaise with external auditors, providing requested information promptly and

assisting in the resolution of queries.

7. Assist the wider finance team with other accounting tasks as needed including

processing payments, month end accounting journals, quarterly corporation tax,

intercompany transfers, and investment-related fund movements, delivered

accurately and to deadline.

 

Risk Responsibilities

Whilst for the purposes of Pool Re’s Risk Management Framework, your role does not

give rise to formal Risk Owner or Control Owner status, all employees have a

responsibility to ensure that they are familiar with the Risk Framework and understand the concepts of risk controls and emerging risks, so that they are able to identify these and propose actions to the Risk Function and/or raise any risk events as necessary, understand the concept of emerging risks so that they are able to identify possible emerging risks and raise these with the Risk Function, as necessary; work

collaboratively and openly with the risk management Function to ensure a positive Risk

Management culture]


What we are looking for in you:

Skills/Competencies:

• Strong interpersonal skills and the ability to work effectively as part of a team

• Proven ability to perform effectively under pressure and meet deadlines

• Outstanding communication and interpersonal skills

• Excellent attention to detail and organisational skills

• Understanding of basic principles of finance, accounting, and bookkeeping, and

preferably the desire to commence/study towards an accounting qualification.

• Proficiency in Microsoft Excel

• Knowledge of Microsoft Business Central an advantage
 

Regulatory Accountabilities

Conduct Rules for Employee

As a Conduct Rules Person, you must comply with the regulators’ individual conduct rules as set out in the Code of Conduct part of the Financial Conduct Authority’s Handbook.

Pool RE

Pool Re is a mutual reinsurance company which works in partnership with the UK Government and the insurance industry to ensure that every business in Great Britain can access affordable and comprehensive terrorism insurance. We use our expertise, experience, resources and relationships to help policyholders to understand terrorism risk and identify what they can do to protect their businesses.

Benefits:

  • 25 days holiday entitlement
  • 5 days paid volunteer leave
  • 10% Employer pension contribution
  • Life assurance
  • Income protection
  • Season ticket loan
  • Cycle to work scheme
  • Professional membership subscription

Applications close: 6th of March 2026

Interviews: Two-stage interview process