Senior Reinsurance Accountant Specialist

2 weeks ago


London, Greater London, United Kingdom IPS Group Full time

As a key member of IPS Group’s specialist London market Insurance/Reinsurance provider team, we are seeking an experienced Senior Reinsurance Accountant to join our team.

The primary purpose of this role will be to provide expert treaty management and account processing services, ensuring the accuracy and timeliness of our financial transactions.

Responsibilities will include:

  • Reinsurance Accounting: Analyze and maintain accurate treaty accounts, including handling Contingent Commissions, Sliding Scale Commissions, Retrospective Rate Adjustments and Premium Adjustments.
  • Treaty Management: Manage treaties, processing and preparing accounts, analyzing statistics within agreed timeframes, and ensuring data captured is accurate and complete.
  • Reporting: Prepare and manage a variety of reports, including Overdue Premium Adjustment Reports in a timely manner and escalating complex issues as needed.
  • Account Review: Review and check the accuracy of closing documents, cash calls, premium and loss reserve deposits.
  • Collaboration: Coordinate and collaborate with internal and external clients (Underwriters, brokers, cedants, claims, IT, operations, finance and credit control) to resolve queries or technical issues and facilitate timely and accurate processing of accounts.


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