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Senior Reinsurance Accountant

1 month ago

London, Greater London, United Kingdom QBE Insurance Group Limited Full time
Job Title: Senior Reinsurance Accountant

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, analysing and reporting financial transactions and information.

About the Role
  • 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
  • Assisting with misc. finance responsibilities
About You
  • Accounting Degree / Qualified Accounting Certification Required
  • 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
Why QBE?

We offer a range of benefits and initiatives to support your wellbeing and career development, including flexible working, a pension scheme, private medical insurance, and a cycle-to-work scheme. We are committed to creating a diverse and inclusive workplace culture and are proud to have partnerships with organisations such as Stonewall and Working Families.

At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce, and partnering for growth through innovative, sustainable, and impactful solutions.