Senior Reinsurance Accountant

1 month ago


London, Greater London, United Kingdom QBE Insurance Group Full time
Senior Reinsurance Accountant

QBE Europe is seeking a highly skilled Senior Reinsurance Accountant to join its Global Reinsurance Finance and Operations team in London. The successful candidate will be responsible for processing, analyzing, and reporting financial transactions and information, as well as assisting with general accounting and RI Finance Close processes.

Your 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

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?

  • AXCO Global Insurance Awards 2024 Winner: Network Management of the Year
  • Insurance Business UK 5-Star Cyber Awards 2024: Green Technology Innovation of the Year
  • Working Dads Employer Awards 2023 Winner: Parental Policies Award
  • Insurance Post British Insurance Awards 2023: QBE is a leading global insurer, and we are committed to enabling a more resilient future for our customers and the community.


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