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Senior Reinsurance Accountant

Oliver James
Posted 6 days ago, valid for 16 days
Location

London, Greater London EC1R 0WX

Salary

£80,000 - £96,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Oliver James is seeking a Senior Reinsurance Accountant for a global reinsurance client in London due to business expansion.
  • Candidates should have a strong understanding of the insurance/reinsurance industry and a background in either practice or industry.
  • This new role involves responsibilities such as ownership of the Reinsurance Finance Close plan and preparation of Reinsurance Journals.
  • Applicants must be qualified accountants (ACA/ACCA/CIMA) with knowledge of insurance P&L, Solvency II or IFRS 17, and experience with systems like Oracle or SAP.
  • The position offers a competitive salary, and candidates with relevant experience are encouraged to apply.

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.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.