
Senior Insurance Finance Specialist
2 days ago
We are looking for highly skilled finance testers to support a large-scale transformation programme in the insurance industry.
The role will focus on validating end-to-end financial processes, with a strong emphasis on penny testing, subledger reconciliation, and cash lifecycle testing (bank statement matching, AR/AP, treasury payments).
- Develop and execute test cases for insurance-specific finance processes, including penny testing, subledger and GL reconciliation, bank statement matching, and treasury payments.
- Test integrations between policy administration systems, claims systems, and the finance subledger to ensure end-to-end process accuracy.
- Validate IFRS/UK GAAP postings and confirm accounting rules are correctly applied for premiums, claims, and reinsurance.
- Perform data validation for high-volume insurance transactions and ensure data integrity across multiple source systems.
Key responsibilities include:
- Validating financial processes, including penny testing, subledger reconciliation, and cash lifecycle testing.
- Ensuring end-to-end process accuracy through testing integrations between policy administration systems, claims systems, and the finance subledger.
- Validating IFRS/UK GAAP postings and confirming accounting rules are correctly applied for premiums, claims, and reinsurance.
- Performing data validation for high-volume insurance transactions and ensuring data integrity across multiple source systems.
- 3+ years' experience in finance/ERP testing within the insurance or financial services sector.
- Hands-on experience with penny testing, reconciliations, and cash management workflows.
- Good understanding of insurance finance flows: premiums, claims, reinsurance, and bordereaux processing.
- Knowledge of subledger posting logic, chart of accounts, and financial controls.
- Strong Excel skills for reconciliation and data validation.
- Experience with Workday Financials, SAP, Oracle Financials, or other insurance finance platforms.
- Familiarity with policy administration systems and claims systems.
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