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Senior Reinsurance Technical Accountant

Arthur
Posted 2 days ago, valid for 15 days
Location

London, Greater London EC2V7NQ, England

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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  • The position is for a Senior Reinsurance Technical Accountant with a salary range of £110,000 - £120,000 plus a package.
  • The role is part of a Finance team undergoing significant changes to support strategic objectives, including the implementation of IFRS17 reporting.
  • Candidates should have multiple years of post-qualification experience in insurance, demonstrating strong insurance and accounting skills.
  • Key responsibilities include managing Outwards Reinsurance transactions, overseeing reconciliations, and acting as the primary contact for auditors.
  • This is a great opportunity for qualified accountants with knowledge of insurance accounting and some familiarity with Lloyd's.
Senior Reinsurance Technical Accountant £110,000 - £120,000 + packageFollowing the appointment of a new CFO, signalling a shift in the finance function to better support key strategic objectives. The Finance team will focus on important changes in 2024 and 2025, including the implementation of IFRS17 reporting and enhancing the financial closing process.This is an exciting time for the Finance team, as they seek an energetic accountant with strong insurance and accounting experience to help build an efficient Finance function.Job Overview:The role involves diverse responsibilities, including:
  • Managing all Outwards Reinsurance transactions and ensuring accurate financial results.
  • Overseeing reconciliations and controls for automated transactions.
  • Handling manual processing for non-standard reinsurance contracts.
  • Acting as the primary contact for intra-group reinsurance submissions and intercompany partners.
  • Conducting reinsurance bad debt calculations and contributing to recoverable reporting.
  • Serving as the main contact for auditors regarding outwards reinsurance.
  • Analysing and providing commentary on reinsurance results.
  • Managing downstream reporting and addressing external queries related to outwards reinsurance.
  • Supporting inwards insurance and reserving transactions as a secondary responsibility
If you are a qualified accountant with multiple years experience with in insurance post-qualification, with a good understanding of insurance accounting and some Lloyd's knowledge then this would be a great fit. for more information.

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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.