Senior Reinsurance Accountant

4 weeks ago

London, Greater London, United Kingdom BCT Resourcing Full time
Senior Reinsurance Accountant

BCT Resourcing is working with a global reinsurance client in London on a permanent position due to business expansion for a Senior Reinsurance Accountant.

About the Role

We are seeking a qualified accountant with a strong understanding of the insurance/reinsurance industry to join our client's team. The ideal candidate will have experience in reinsurance finance and be able to take ownership of key processes.

Key Responsibilities
  • Ownership of the Reinsurance Finance Close plan and reporting up to the general Finance Close Manager.
  • Ownership of all Reinsurance Finance Interfaces as well as 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.
Requirements
  • You must be a qualified accountant (ACA/ACCA/CIMA).
  • Have a knowledge and strong understanding of an insurance P&L.
  • Knowledge of either Solvency II or IFRS 17.
  • Have used one of the listed systems - Oracle, PeopleSoft, SAP and DocuSign.

If you have the listed skills and are interested in this position, please apply and suitable applicants will be contacted by a consultant.

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