Reinsurance Technical Accounting Assistant

2 weeks ago


Greater London, United Kingdom SiriusPoint Full time

Reinsurance Technical Accounting Assistant Join to apply for the Reinsurance Technical Accounting Assistant role at SiriusPoint Who We Are SiriusPoint 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 Include Helping with the allocation of incoming/outgoing settlements in the accounting system (SICS) Help with maintaining financial records, keeping accounts up to date with current transactions Support the Weekly Control Reporting, (Unsettled balances, Unsettled Remittances, Transaction Control, Return Premium Control) Ensuring timely and efficient settlement of Technical Payments Support the allocation of LORS (Lloyds Outwards Reinsurance System) settlements against outwards reinsurance due balances Recording of all technical accounting correspondence within iManage document management system Assist in the development and improvement of existing UK/Group technical accounting processes Assisting with any new system tests, changes and any process refinements in conjunction with the IT department Your Skills And Abilities Should Include Ability to work to tight timescales and meet strict business deadlines Ability to prioritise workload to manage conflicting priorities effectively Confident with a proactive approach to problem solving Strong communication skills, both oral and written English Other languages are a plus Strong analytical skills Good Microsoft Office knowledge, intermediate Excel, PowerPoint, Outlook etc Our Values Integrity: Integrity, respect and trust are our core principles Customer Focused: Our customers are the reason we exist Solution Driven: Creating solutions is our mindset Diversity: Diversity, inclusion and allyship make us stronger Collaboration: Collaboration drives outperformance Seniority level Entry level Employment type Full‑time Job function Accounting/Auditing and Finance Insurance Location London, United Kingdom Visa Sponsorship We are unable to sponsor or take over sponsorship of an employment visa at this time. #J-18808-Ljbffr



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