Reinsurance Accountant

TL;DR

Reinsurance Accountant: Support accounting and reporting activities across a growing portfolio of insurance and reinsurance business with an accent on processing premium, claims, and commission activity. Focus on managing delegated authority reconciliations, reinsurance recoveries, and contributing to process enhancements as the business scales.

Location: London | Hybrid Working

Salary: £70,000 - £80,000 + Bonus + Benefits

Company

Rapidly expanding UK platform of a highly successful US reinsurance group with significant growth plans across the London market.

What you will do

• Process and reconcile premium, claims, and commission activity
• Manage delegated authority and bordereaux reconciliations
• Support month-end close and insurance-related journal postings
• Assist with reinsurance recoveries and settlement tracking
• Produce financial and operational reporting for management
• Support regulatory and audit requirements while working with underwriting teams to resolve queries
• Contribute to process enhancement and finance transformation initiatives

Requirements

• 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