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Senior Reinsurance Accountant

2 months ago

London, Greater London, United Kingdom QBE Management Services (UK) Limited Full time

About the Role

We are seeking a highly skilled Senior Reinsurance Accountant to join our Global Reinsurance Finance and Operations team in London. As a key member of our team, you will be responsible for processing, analyzing, and reporting financial transactions and information.

Key Responsibilities

  • Ownership of the Reinsurance Finance Close plan and reporting to the General Finance Close Manager
  • Ownership of all Reinsurance Finance Interfaces and 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 miscellaneous finance responsibilities

Requirements

  • Accounting Degree or Qualified Accounting Certification
  • 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

About QBE Management Services (UK) Limited

We are a leading global insurance company that values diversity, equity, and inclusion. We strive to create a workplace culture where all our people feel included and valued. We are committed to building a diverse workforce that is reflective of the communities we operate in.

Our Values

We believe in fostering a work environment that is responsive to the changing needs of today's workforce. We aim to build a workplace that is fair and inclusive, and we welcome conversations about flexible working.

Our Awards

We are proud to have won several awards, including the 5-star Diversity, Equity, and Inclusion (DEI) awards, Employer of the Year, and InsurTech Award. We are committed to sustainability and have adopted a net-zero pledge.