Reinsurance Accountant

4 days ago

London, United Kingdom eFinancial Careers Full time

RESPONSIBILITIES
- To work closely with the UK and European finance teams to ensure timely and accurate reporting of internal reinsurance
- Engage with reinsurance administration team on external reinsurance deals to ensure accounting data is appropriately recorded
- Perform reconciliations of reinsurance data to accounts, investigating and resolving differences with stakeholders and management
- To develop a good understanding of the Group and its businesses, to add value to the reporting process by analysing the results and assessing variances to plan
- Actively work to improve reporting processes to provide prompt delivery of collateral and financial reporting
- Facilitate and inform actuarial of reinsurance position and review subsequent claims/collateral calculation, reconciling back to source data where relevant
- Engage with treasury team for settlement of collateral requirements/claims payments, reviewing SSIs and ensuring timelines set within reinsurance agreements are met; and
- Assist with the monthly, quarterly and annual reinsurance MI as required.

ROLE REQUIREMENTS
- Qualified accountant (ICAEW, ACCA or CIMA);
- High levels of computer literacy - strong Microsoft Excel skills are essential
- Reinsurance experience essential
- Prior experience of working in a multi
- currency environment
- The ability to complete work quickly with a high degree of accuracy
- Work independently and take initiative to meet tight deadlines
- A self-motivated, energetic individual, keen to get involved in all areas and a desire to understand the underlying business
- Strong interpersonal, verbal and written communication skills. Confident in dealing with colleagues from different functions, geographic locations and levels of seniority
- A dynamic team player who is happy to cover elements of other people’s roles when necessary
- Knowledge of Dynamics 365 Business Central system preferable but not essential; and
- Flexible and adaptable to a changing environment.

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