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Senior Financial Accountant

2 months ago


Leeds, Leeds, United Kingdom QBE Insurance Group Full time
Job Summary

We are seeking a highly skilled Senior Financial Accountant to join our Insurance Accounting function within the Corporate Reporting team at QBE Insurance Group. As a key member of our team, you will play a critical role in ensuring the accuracy and consistency of our financial results.

About the Role
  • Review and challenge Syndicate underwriting results, working closely with Finance Business Partners to ensure data integrity.
  • Collaborate with the Actuarial Department to review reserves and ensure completeness and accuracy.
  • Produce commentary for senior management on Syndicate results, reviewing late adjustments, bridging analysis, group balance sheet analytics, and COB reviews on a quarterly basis.
  • Oversee and provide data for the annual Statement of Actuarial Opinion (SAO), UK Tax, and US Level II returns.
  • Assist in the monthly and quarterly close process, including preparation and posting of underwriting and non-underwriting journals for submission to the (Re) / Insurance Finance Director, senior European (EO) management, and Group.
  • Ensure statutory books and records are properly maintained in accordance with QBE Accounting policies and market best practice, and the balance sheet accurately reflects the Syndicate position.
  • Support ad hoc tasks in the wider reporting team, such as Statutory Accounts, review of other QBE company results, and submission.
  • Contribute to projects impacting Financial Reporting.
Requirements
  • Qualified Accountant (ACCA or equivalent).
  • Significant experience working in a complex financial services environment.
  • Strong financial accounting background with experience reviewing Insurance Underwriting results preferable. Familiarity with Oracle and TM1 desirable but not essential.
  • Experienced MS Excel user (pivots, if statements, lookups, and experience working with large amounts of data) and other MS Office applications.
  • Working for a Syndicate or Company Insurance Accounting team desirable.
What We Offer
  • 30 days holiday a year with the option to buy up to 2 additional days.
  • Flexible working - balancing work and life is important, so our flexible working opportunities are open to all, including part-time, job share, and compressed hours.
  • Pension - you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
  • Private medical insurance - we fund fully comprehensive private medical cover for you and all the family.
  • Family friendly policies - we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation, or how you become a parent.
  • Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
  • Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes.
  • Cycle-to-Work - benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.