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Senior Reinsurance Technical Accountant

2 weeks ago

London, Greater London, United Kingdom QBE Europe Full time £60,000 - £100,000 per year

Primary Details
Time Type: Full time

Worker Type: Employee

  • Location: London
  • Type: Permanent, full time
  • Hybrid role, happy to talk flexible working

The Opportunity:
We are seeking a highly experienced and detail-oriented Senior Reinsurance Technical Accountant to join our Group Ceded Reinsurance team. This pivotal role will take the lead on post-placement Quota Share reporting, working closely with the Group's reinsurance captives, the Offshore Processing Team, and other key stakeholders across the business.

The successful candidate will bring extensive experience in reinsurance technical accounting, particularly in the post-placement lifecycle, and will play a critical role in ensuring the accuracy, timeliness, and integrity of reinsurance financial data and reporting.

Your New Role:

  • Lead the post-placement technical accounting and reporting for Group Managed Quota Share treaties.
  • Collaborate with the Group Ceded Reinsurance team, Group Captives, and the Offshore Processing Team to ensure accurate and timely settlement of reinsurance accounts.
  • Prepare and review ceded premium, claims, and recoveries reports, ensuring alignment with treaty terms and accounting standards.
  • Manage reinsurance account reconciliations and cash flow tracking.
  • Liaise with internal stakeholders (Finance, Actuarial, Claims) and external partners (brokers, reinsurers, auditors).
  • Support the internal and external periodic audit process related to reinsurance.
  • Identify and implement process improvements and automation opportunities to enhance reporting efficiency and accuracy.
  • Mentor and support team members, sharing technical knowledge and best practices.

Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.

About you:

  • Extensive experience in a reinsurance technical accounting role, ideally within a global (re)insurance organisation, and complex international reinsurance programs.
  • Strong understanding of Quota Share and other reinsurance structures, including treaty wording and accounting implications.
  • Proficiency in technical accounting practices.
  • Advanced Excel skills; experience with DCXL is highly desirable.
  • Excellent analytical, problem-solving, and communication skills.
  • Proven ability to work collaboratively across teams and manage multiple priorities.

Why QBE? At My Best
At QBE, we want our people to feel rewarded and inspired to perform at their best, that's why we have created "At My Best". It's our connection, our way of showing we have your back. We understand that one size doesn't fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It's in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.

We're an international insurer that's building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what's around the corner, but at QBE we're asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation ).

With more than more than 13,000 people working across 27 countries, we're big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

To find out more about why you should work for QBE, visit our careers website.

At My Best - QBE Benefits
You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. As well as the benefits below we also offer an extensive choice of other options to suit you

  • 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, this can include 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.

To find out more visit our Reward Page

QBE Awards
Some of the award's QBE are proud to have won, been a finalist for, and shortlisted for 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 Employee

You can view all our awards here

Inclusion of Diversity
We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women's Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page

Accessibility
Here at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.

ESG & Sustainability
At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce, and partnering for growth through innovative, sustainable, and impactful solutions. For further information regarding QBE's sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative 'Premiums4Good', please visit our Sustainability homepage and read our latest Sustainability Report

What next?
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.

We believe this is our moment – what if it was yours too?

APPLY NOW and let's make it happen
Skills:
Adaptability, Commercial Acumen, Conflict Resolution, Critical Thinking, Finance Strategy, Financial Data Reporting, Financial Management, Intentional collaboration, International Financial Reporting Standards (IFRS), Managing performance, Mentorship, Personal Initiative, Process Refinement, Risk Management, Team Development

Application Close Date: 11/11/2025 11:59 PM

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.