Insurance Jobs
Whilst insurance jobs are not always an obvious choice for newly qualified accountants to pursue, the sector can be highly lucrative, with those in financial accounting earning around £45,000 after moving out of practice and salary levels reaching over £70,000 after ten years experience.
Accountancy jobs in insurance are a big growth area and can be a natural career progression for newly qualified accountants who have experience of auditing insurance clients whilst in practice.
Fantastic opportunities exist for newly qualified accountants right across the spectrum but still include the more traditional roles of financial accounting, management accounting, credit control and financial control.
The insurance sector is a truly international industry and a high number of insurance firms are major players with office locations, and therefore opportunities to work, across the globe including continental Europe, USA, Cayman Islands and Bermuda.
Due to new FSA rules and regulations it is an interesting time in the insurance industry and accountancy professionals have the chance to make a tangible difference.
What do I need to succeed in an insurance job?
- Newly qualified accountants with strong academics are highly sought after
- An understanding of the Lloyd’s insurance market and experience within the insurance and reinsurance industry are an advantage
What career path will an insurance job offer?
Insurance job opportunities for newly qualified accountants can be varied and highly lucrative, with good long-term prospects and plenty of career progression within the sector. Insurance jobs offer a multitude of options for newly qualified accountants to develop their careers in cities throughout the UK & Ireland as well as globally.