Reinsurance Technical Accounting Assistant

Who We AreSiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.8 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.Join Our Team You will be a Reinsurance Technical Accounting Assistant. Your role will be to assist in the day-to-day operations and deliverables of the UK Technical Accounting function, including recording & allocation of incoming/outgoing settlements in the accounting system (SICS), Weekly/Quarterly control reporting, allocation of LORS (Lloyds Outwards Reinsurance System) settlements against outwards reinsurance due balances and Overdue premium analysis.You will report to the Head of Reinsurance Technical Accounting in London on all technical accounting matters. Additionally, the role requires significant proactive interaction with the Group technical accounting teams to ensure Group requirements are met and to create alignment of processes.Your Responsibilities Will IncludeHelping with the allocation of incoming/outgoing settlements in the accounting system (SICS)Help with maintaining financial records, keeping accounts up to date with current transactionsSupport the Weekly Control Reporting, (Unsettled balances, Unsettled Remittances, Transaction Control, Return Premium Control)Ensuring timely and efficient settlement of Technical PaymentsSupport the allocation of LORS (Lloyds Outwards Reinsurance System) settlements against outwards reinsurance due balancesRecording of all technical accounting correspondence within iManage document management systemAssist in the development and improvement of existing UK/Group technical accounting processesAssisting with any new system tests, changes and any process refinements in conjunction with the IT departmentYour Skills And Abilities Should IncludeAbility to work to tight timescales and meet strict business deadlinesAbility to prioritise workload to manage conflicting priorities effectivelyConfident with a proactive approach to problem solvingStrong communication skills, both oral and written EnglishOther languages are a plusStrong analytical skillsGood Microsoft Office knowledge, intermediate Excel, PowerPoint, Outlook etcUnited behind common goalsAt SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.Our Purpose is to provide security and resilience in an uncertain world.Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise, and data to provide intelligent risk solutions.Our culture is one of performance and accountability. Our people are our experts, and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.Our Values are at the heart of our business, and which guide everyday actions and decision making.Integrity: Integrity, respect and trust are our core principlesCustomer Focused: Our customers are the reason we existSolution Driven: Creating solutions is our mindsetDiversity: Diversity, inclusion and allyship make us strongerCollaboration: Collaboration drives outperformanceWhy Should You Join SiriusPoint?Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.We Achieve More TogetherAt SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.We are unable to sponsor or take over sponsorship of an employment visa at this time.