Reinsurance Accountant

New Yesterday

Reinsurance Accountant Location: London | Permanent About the Role Join a dynamic commercial financial control team within a global Insurance group. As Reinsurance Accountant, you'll be the key person for reinsurance queries, ensuring high-quality accounting and reporting while working in a supportive team environment that emphasizes mutual growth and development. Key Responsibilities Review new and existing reinsurance arrangements and administer contracts on FSRI Ensure reinsurance premium payments are made in line with contractual terms Manage recoveries collection including submission of collection notes to brokers/reinsurers Liaise with underwriters, claims, and actuarial teams on potential and actual recoveries Ensure all bordereaux are issued and settled within contractual terms Report reinsurance movements correctly on a quarterly basis aligned to contractual terms Monitor reinsurance bad debt and maintain data quality across systems Ensure correct data transfer between underwriting, reinsurance, and financial systems Requirements Prior experience in insurance working in reinsurance accounting either from practice or industry Ideally a qualified accountant Understanding of different types of reinsurance structures Knowledge of rei...
Location:
London
Salary:
£80,000
Job Type:
FullTime
Category:
Accounting & Finance

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