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Finance Apprentice

  • Pacific Life Re
  • London, Greater London
  • £Competitive
Vacancy provider logo for BPP Professional Apprenticeships

The purpose of this role is to support the collateral management, treasury and accounts payable teams. The role will also support the provision of information to reporting teams and auditors. This role will be based in the Finance Operations team and will perform BAU tasks and support project activity, as required. The role will be based in London and will include hybrid working.

  • GMFJ Reference
    257863
  • Wages
    Competitive
  • Hours
    37.50 per week
  • Date Posted
    19/02/2025
  • Start Date
    01/04/2025
  • Approx. Duration
    18 Months

  • Location
    London
  • Status
    Now Taking Applications
  • Sector
    Accountancy
  • Opportunity Type
    Advanced Level 3
  • Apprenticeship Standard
    Assistant accountant (ST0002)
  • Employer
    Pacific Life Re

Description

Key Responsibilities

Collateral Management

1.Responsible for the operational activities of the collateral management process

2.Responsible for the treasury activities of the collateral management process

3.Preparing and maintaining transfer forms for various collateral requests

4.Dealing with external clients and internal stakeholders (Operations, Corporate Actuarial and Treasury team)

5.Maintaining collateral processing and monitoring platform including preparing internal monitoring reports

6.Responsible for the monthly and quarterly MI packs for reporting to internal stakeholders

7.Any other collateral management duties, as they arise

Treasury and Accounts Payable

Support in maintaining & managing the end-to-end account payable process and the day-to-day running of the Treasury function.

Other Activities and initiatives

1.Build a strong relationship with peers across the back-office teams

2.Support month and quarter end close processes including maintaining operational workbooks

3.Support the finance team on ad hoc tasks and projects

4.Assist with internal and external audits, including gathering required documentation and explanations

Personal development

1.Personal development and training

2.Participation in wider Finance, Pacific Life and Pacific Life Re initiatives

3.Coaching and support from team members, as applicable

Expected Assistant accountant level 3 duties

  1. Assist with monthly and year end reporting of financial and accounts information. This will include the timely collation of data from a range of sources, such as different functions within one organisation, or a range of external clients if operating in a practice. This includes both foreseeable finance and accounting data requirements and unexpected requirements.
  2. Maintain financial and accounting records including the timely collation of data from a range of sources. For example, different functions within one organisation, or a range of external clients if operating in practice. This includes both foreseeable requirements and unexpected requests, often to tight timescales.
  3. Assist with the compilation of accounting and financial records, for example, to inform direct and indirect tax returns under supervision, audit documentation or control account reconciliations.
  4. Deliver financial and accounting information and data to stakeholders to ensure that key messages are communicated.
  5. Assist in the maintenance and use of digital systems by using software applications and packages to support the delivery of accurate and timely financial and accounting information.
  6. Undertake Continuous Professional Development by keeping up to date with relevant statutory obligations and procedural best practice.
  7. Collaborate with people both internally and/or externally at appropriate levels with a view to deliver a service that meets customer’s needs with a commitment to professional and ethical standards, for example, professional code of conduct and duty of confidentiality as appropriate.

At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team, comprising some of the best minds in the industry, is not afraid to disrupt and challenge industry thinking to provide the best Life, Critical Illness, Income Protection, Hospital Cash and Longevity products and services possible.

Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. We pursue personalised, bespoke solutions for every one of our clients and our commitment to cutting-edge technology reflects our ambition to offer the most sophisticated answers to the most challenging reinsurance questions. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia and a new global HQ in Bermuda.

With over 700 employees across the globe, we take pride in our ‘family’ culture, underpinned by our Principles and Behaviours, providing an environment where everyone can grow and develop. We are equally proud of the security and freedom we possess from having the backing of our parent company Pacific Life. With a heritage of more than 150 years, Pacific Life provides strength and resilience to our business which enables us to bring our fresh and dynamic approach to the marketplace.

We have a dynamic culture and providing employees with a healthy work-life balance is important to us. We have a wide range of benefits and regular social activities, including quarterly socials and wellness activities. The company has adopted a smarter working policy which allows hybrid working.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.




For more information about this vacancy please contact BPP Professional Apprenticeships on 01133 500 333 (Ref ID: 257863)

•Excellent verbal and written communication skill

•Strong organisational skills and the ability to manage multiple tasks and deadlines

•Willingness to learn, be flexible and adapt to situations

•Self-motivated and driven with the ability to be flexible, keep up, adapt, and grow in a fast-paced and evolving environment

•Basic IT technical skills, including but not limited to a strong proficiency with Microsoft Excel and PowerPoint preferred

•Strong analytical and problem-solving skills

•Ability to take responsibility for their actions, behaviours, performance, and decisions


•GCSE - Maths - grade 6 or above & English grade 5 or above (required)

•A Levels - a subject related to business and finance grade B or above (preferred)


BPP apprenticeship training programmes are delivered virtually by our fully qualified and industry-experienced training team. Using their expert knowledge, we’ve purposefully built our programmes around the real-world use of modern technology, so that the skills we create can be directly applied in the workplace.

Throughout the apprenticeship learners receive coaching, help and guidance from a dedicated team who are there to ensure they get the most from their work experience

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