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Underwriting Accounting Manager

2 weeks ago

London, United Kingdom eFinancial Careers Full time

We are currently working with a prestigious Lloyds Syndicate Insurer to hire a Manager for their Underwriting Accounting Team. The team is responsible for the production and analysis of GAAP and Solvency II underwriting information. Whilst also undertakinga large amount of the Management reporting and leading process improvement and generating reporting efficiencies.

**Day to day responsibilities of the role are**:
Management of the Underwriting Accounting Team and the maintenance, development, control and operation of the Group’s underwriting models

To be responsible for the production of complete, accurate and timely GAAP underwriting accounting results for actuals and forecast

To support the FP&A team with the provision of Underwriting information, analysis, and commentary

To manage the production and presentation of Solvency II technical provisions and to enhance the team’s ability to meet growing Solvency II reporting requirements.

To complete team performance reviews in a timely manner, providing direction for the team, setting clear objectives and priorities, providing feedback on performance and establishing clear development plans.

To provide support to the Head of Underwriting Finance as required

London Insurance Market experience, specifically Lloyd's

Qualified accountant (ACA/ACCA)

Detailed knowledge of Insurance accounting. i.e. Premium recognition, Earnings methodologies, Claims breakdowns, Commission recognition and Reinsurance accounting

Some managerial experience