Senior Financial Accountant
4 weeks ago
We are seeking a highly skilled Senior Financial Accountant to join our Insurance Accounting function within the Corporate Reporting team. As a key member of the team, you will play a critical role in accounting and reporting activities, ensuring the accuracy and consistency of underlying data.
Key Responsibilities- Review and challenge Syndicate underwriting results, working closely with Finance Business Partners.
- Review reserves in conjunction with the Actuarial Department to 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.
- Assist on ad hoc tasks in the wider reporting team, such as Statutory Accounts, review of other QBE company results, and submission.
- Assist on projects impacting Financial Reporting.
- Qualified Accountant (ACCA or equivalent).
- Significant experience of working in a complex financial services environment.
- Recent or current experience of working as an Accountant.
- Strong financial accounting background with experience of reviewing Insurance Underwriting results preferable. Familiarity with Oracle and TM1 would be desirable but not essential.
- Experienced MS Excel user (pivots, if statements, lookups, and experience of working with large amounts of data) and other MS Office applications.
- Excellent written and verbal communication skills.
- Working for a Syndicate or Company Insurance Accounting team would be desirable.
QBE is an international insurer and reinsurer, listed on the Australian Securities Exchange and headquartered in Sydney. We employ over 11,000 people, with a local presence in 27 countries. We are committed to building a workplace culture where all our people feel included and are striving to create a diverse workforce that is reflective of the communities we operate in.
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. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own.
- 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.
We are proud to have received numerous awards and recognition for our commitment to diversity, inclusion, and sustainability. Some of our notable awards include:
- AXCO Global Insurance Awards 2024 Winner: Network Management of the Year.
- Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer.
- UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year.
- Working Dads Employer Awards 2023 Winner: Parental Policies Award.
- Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employer.
If you have a passion to contribute to QBE's vision of enabling a more resilient future for our customers and the community, we encourage you to apply. Simply click the 'apply' button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.
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