Senior Reinsurance Accountant for a Resilient Future

1 month ago

London, Greater London, United Kingdom QBE Insurance Group Limited Full time

We are seeking a skilled Senior Reinsurance Accountant to join our team in London. As a key member of the Global Reinsurance Finance and Operations team, you will play a critical role in processing, analysing and reporting financial transactions and information.

About the Role

In this exciting opportunity, you will report directly to the Senior Manager (Global Process Excellence and Strategy). Your primary responsibilities will include:

  1. Developing and owning the Reinsurance Finance Close plan, ensuring timely and accurate reporting to the General Finance Close Manager.
  2. Owning all Reinsurance Finance Interfaces, as well as finance inputs for upstream and downstream interfaces into and out of the Reinsurance platform.
  3. Leading the ownership of the Reinsurance System Chart of accounts, ensuring accuracy and compliance with International Financial Reporting Standards (IFRS).
  4. Preparing and reviewing Reinsurance to GL reconciliations, guaranteeing accuracy and completeness.
  5. Preparation of Subledger Reinsurance Journals, including earnings, to ensure timely and accurate financial reporting.
  6. Preparation of all out-of-subledger system Reinsurance Journals (G/L journals), maintaining accurate financial records.
  7. Delivering Reinsurance Analytical Reviews, providing actionable insights to inform business decisions.
  8. Responding to Reinsurance Audit Queries related to RI finance processes, including account reconciliations.
  9. Supporting finance responsibilities linked to the RI migration project, such as conversion reconciliations, balance sheet remediation, and establishing and running the new finance close process.

As a successful candidate, you will possess advanced skills in spreadsheets, data analysis, and reconciliation procedures. Exposure to project management, process remediation, and transition states is preferred. Knowledgeable in Oracle, Peoplesoft or other GL systems is also advantageous.

About You

To be considered for this role, you will have:

  • An accounting degree or qualified accounting certification.
  • Experience in reinsurance within operations and finance.
  • Advanced skills in spreadsheets, data analysis, and reconciliation procedures.
  • Exposure to project management, process remediation, and transition states.
  • Knowledgeable in Oracle, Peoplesoft or other GL systems.
What We Offer

As a valued member of our team, you can expect:

  • A competitive salary of £60,000 - £80,000 per annum, depending on experience.
  • A comprehensive benefits package, including health insurance, pension scheme, and annual leave.
  • The opportunity to work in a dynamic and supportive environment, committed to enabling a more resilient future for our customers and the community.

If you are passionate about contributing to QBE's vision and possess the necessary skills and qualifications, please submit your application. A member of our friendly Talent Acquisition team will contact you to discuss your interest further if you meet the requirements of the role.

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