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Re/Insurance Accountant
Job Posted: 4 hours ago
Salary: £ 60,000 - 80,000 / Annum
Job Type: Permanent
Location: City of London, London
Expire in: a month
Job Description
Re/Insurance Accountant
Our client are looking for an accounting professional to support both insurance and reinsurance operations for a growing insurance group. Acting as the link between operational teams and underwriting data, you'll ensure accurate financial recording, reporting, and reconciliation, enabling informed decision-making, regulatory compliance, and business growth.
Key Responsibilities
Process and reconcile direct insurance and reinsurance transactions (premiums, claims, commissions, profit shares).
Prepare journal entries and reconcile bordereaux from MGAs/MGUs and reinsurers.
Assist with premium/claims reconciliations and reinsurance recoveries.
Support monthly/quarterly reporting, regulatory submissions, and cash flow modelling.
Preparing monthly/quarterly insurance and reinsurance reports
Maintain process documentation and support finance process improvements.
Collaborate with underwriting and operations teams on accounting matters.
Requirements
Professional accounting qualification (ACA, ACCA, CIMA)
Strong insurance accounting experience, ideally across both direct and reinsurance business.
Solid reconciliation and financial reporting skills.
Proficiency in accounting systems (Oracle NetSuite desirable) and advanced Excel skills.
Understanding of bordereaux, MGAs/MGUs, and reinsurance structures.
Strong communication skills and ability to work cross-functionally.
An excellent time to join this growing insurance business.
**our client is committed to diversity in all of it's forms and operates an inclusive recruitment process. They offer a hybrid working environmentBefore You Apply
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