Finance Apprentice
Posted 1 week ago by Munich Re
Negotiable
Undetermined
Undetermined
Manchester Area, United Kingdom
Summary: The Finance Apprentice role at Munich Re Specialty – Global Markets offers a 24-month fixed-term contract based in Manchester, focusing on providing hands-on experience in various financial functions. The position involves working closely with experienced professionals to gain exposure to areas such as accounts payable, cash management, and financial reporting. The role emphasizes a supportive learning environment that encourages curiosity and personal growth. Candidates are invited to apply even if they do not meet every requirement, promoting diversity and inclusion within the workplace.
Key Responsibilities:
- Complete the upload of bank statement & clearing of bank open items in the ledger
- Process and record all payments and receipts accurately
- Deal with queries and resolve any issues or discrepancies
- Prepare journals, accruals, prepayments, balance sheet controls, and audit files
- Manage bank accounts, reviewing funding requirements, and completing funding and investment transactions
- Assist in the annual audit by providing supporting documents
- Produce appropriate KPI reporting
- Chase, resolve, negotiate, and reconcile transactions and balances
- Work with Underwriters and Brokers to resolve queries and errors
- Prepare month-end financial close processes including journals, reconciliation, and analysis
- Participate in wider projects including testing for new business streams
- Engage with multiple stakeholders from different areas of the business
Key Skills:
- Attention to detail and accuracy
- Hardworking individual with a can-do attitude
- Good communication skills
- Energetic and curious
- Comfortable multi-tasking and working as part of a team
- Willing to learn new skills
- Organised with good time management to meet deadlines
Salary (Rate): undetermined
City: Manchester
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: Entry Level
Industry: Other
About us At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals. Please see our website for more information.
Finance Apprentice We are currently looking for an Finance Apprentice to be based in Manchester on a 24 month fixed term contract, reporting into the Head of Finance Operations. As a Finance Apprentice at Munich Re, you will embark on a comprehensive learning journey, gaining hands-on experience in various aspects of finance. This apprenticeship is designed to provide exposure to a wide range of financial functions, including but not limited to accounts payable, accounts receivable, cash management, credit control, financial reporting including - analysis, reconciliation, analysis. You will work closely with experienced professionals who are dedicated to mentoring and guiding you throughout your apprenticeship.
Responsibilities:
- Complete the upload of bank statement & clearing of bank open items in the ledger
- To be proficient and accurate in the processing and recording of all payments and receipts
- Deal with queries and resolve any issues, discrepancies
- Preparation of journals, accruals, prepayments, balance sheet controls and audit files.
- Bank account management, reviewing funding requirements, completing funding and investment transactions
- Assist in the annual audit by providing supporting documents.
- Produce appropriate KPI reporting
- Chase, resolve, negotiate and reconcile transactions and balances.
- Working with Underwriters and Brokers to ensure queries and errors can be resolved quickly.
- Preparation of the month-end financial close processes including journals, reconciliation and analysis
- Participate in wider projects (e.g. Set-up of a new business stream) including testing
- Engaging with multiple stakeholders from different areas of the business
Knowledge and Skills
- Attention to detail, accuracy is important
- Hardworking individual with a can do attitude
- Good communication skills
- Energetic and curious.
- Comfortable multi-tasking and working as part of a team,
- Willing to learn new skills
- Organised, good time management to ensure deadlines are met
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!
Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues. Learn more about sustainability at Munich Re – choose your impact!
#BePresent #BeBold #BeCurious