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Senior Reinsurance Accountant

QBE Management Services (UK) Limited
Posted a day ago, valid for 22 days
Location

London, Greater London EC1R 0WX

Salary

ÂŁ80,000 - ÂŁ96,000 per annum

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Contract type

Full Time

Retirement Plan

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Sonic Summary

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  • QBE Europe is seeking a Senior Reinsurance Accountant for a permanent, full-time position in their London office, with a hybrid work model.
  • The role involves processing, analyzing, and reporting financial transactions, as well as managing various accounting responsibilities linked to reinsurance finance.
  • Candidates should possess an accounting degree or a qualified accounting certification, along with prior experience in reinsurance or insurance accounting, ideally with at least 5 years of relevant experience.
  • The position offers a salary of ÂŁ60,000 to ÂŁ75,000 per year, depending on experience, along with a comprehensive benefits package including flexible working options and private medical insurance.
  • QBE fosters a supportive and inclusive workplace culture, emphasizing employee wellbeing and professional development.

Primary Details

Time Type: Full time Worker Type: Employee

Senior Reinsurance Accountant

London

Permanent (Hybrid)

The Opportunity

QBE Europe is looking to recruit a Senior Reinsurance Accountant to join the Global Reinsurance Finance and Operations team in our London office. In this role you will be processing, analysing and reporting financial transactions and information. Assisting with general accounting, RI Finance Close processes and preparing various management reports on a monthly, quarterly and annual basis.

Your new role

  • 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

  • Assisting with misc. finance responsibilities

About You

  • Accounting Degree / Qualified Accounting Certification Required

  • Knowledge of RI Facultative and Treaty structures and how to calculate Reinsurance is preferred

  • Prior Reinsurance/Insurance Accounting experience in Operations and Finance is required

  • Exposure to project management, process remediation and transition states is preferred

  • Strong communication skills and ability to build relationships and trust at all levels internally and externally.

  • Knowledgeable in Oracle, Peoplesoft or other GL system is preferred

  • Exposure to System changes, System implementations, and Database modelling is preferred

  • Strong skills in spreadsheets, data analysis and reconciliation procedures

Why QBE? At My Best?? 

?At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.?? 

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.?? 

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation (https://careers/flex-qbe/).? 

With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.?? 

To find out more about why you should work for QBE, visit our careers website.? 

At My Best - QBE Benefits?? 

?You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally.? As well as the benefits below we also offer an extensive choice of other options to suit you!?? 

30 days holiday a year with the option to buy up to 2 additional days.? 

Flexible working -balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.? 

Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.? 

Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.?? 

Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.? 

Short term remote work abroad -you can request up to 20 days per year to work remotely from certain locations abroad.? 

Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and so

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