Reinsurance Accountant - London - Hybrid
- Permanent
London
The details
Reinsurance Accountant
London | Hybrid Working
£70,000 - £80,000 + Bonus + Benefits
An exciting opportunity has arisen to join the rapidly expanding UK platform of a highly successful US reinsurance group.
With significant growth plans across the London market, the business is looking to hire a commercially minded Reinsurance Accountant to support the continued build-out of its UK finance operations. This is an excellent opportunity for someone looking to step into a broad, hands-on role within an entrepreneurial and fast-evolving environment where there is genuine scope for progression and increased responsibility over time.
The position would particularly suit an individual coming from a smaller insurer, MGA, MGU or Lloyd's Syndicate environment who enjoys operating close to the business and working across both finance and underwriting teams.
The Role
Working closely with senior finance leadership, the successful candidate will support the accounting and reporting activities across a growing portfolio of insurance and reinsurance business.
Responsibilities will include:
- Processing and reconciling premium, claims and commission activity
- Managing delegated authority and bordereaux reconciliations
- Supporting month-end close and insurance-related journal postings
- Assisting with reinsurance recoveries and settlement tracking
- Producing financial and operational reporting for management
- Supporting regulatory and audit requirements
- Working closely with underwriting and operational teams to resolve data and reconciliation queries
- Contributing to process enhancement and finance transformation initiatives as the business continues to scale
Candidate Profile
- 2-5 years' experience within insurance or reinsurance accounting
- Exposure to delegated authority / MGA business models
- Experience within a Lloyd's Syndicate, MGA, specialty insurer or reinsurance environment
- Strong understanding of premium and claims reconciliations
- Progression toward ACA / ACCA / CIMA or equivalent qualification preferred
We are happy to provide application and/or accessibility support, please contact your Marks Sattin or Grafton consultant directly to discuss your needs. We're committed to protecting the privacy of all our candidates and clients, please visit https://www.markssattin.co.uk/privacy and https://uk.grafton-recruitment.com/en/privacy-policy-1 for our privacy policy.
Associate Director, Financial Services
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