Senior Reinsurance Accountant

Oliver James are currently working with a global reinsurance client in London on a permanent position due to business expansion for a Senior Reinsurance Accountant.

I am looking to speak with professionals from either practice or industry with a strong understanding of the insurance/reinsurance industry. As mentioned above this is a brand new role for a new function with our client and would be good for a professional that would like to build something from the ground up.

Responsibilities below (not limited to):

• Ownership of the Reinsurance Finance Close plan and reporting up to the general Finance Close Manager.
• Ownership of all Reinsurance Finance Interfaces as well as finance inputs for upstream and downstream interfaces into and out of the Reinsurance platform.
• Ownership of the Reinsurance System Chart of accounts.
• Preparation and review of the Reinsurance to GL reconciliations.
• Preparation of Subledger Reinsurance Journals including earnings.
• Preparation of all out of subledger system Reinsurance Journals (G/L journals).
• Preparation of Reinsurance Analytical Reviews.
• Respond to all Reinsurance Audit Queries related to the RI finance processes including account reconciliations.
• Assisting with the finance responsibilities linked to the RI migration project such as conversion reconciliations, balance sheet remediation, and establishing and running the new finance close process.

To be considered for this role:

• You must be a qualified accountant (ACA/ACCA/CIMA).
• Have a knowledge and strong understanding of an insurance P&L.
• Knowledge of either Solvency II or IFRS 17.
• Have used one of the listed systems - Oracle, PeopleSoft, SAP and DocuSign.

If you have the listed skills and are interested in this position. Please apply and suitable applicants will be contacted by a consultant.