Reinsurance Accountant
2 Days Old
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 reinsurance working practices and terminology Good knowledge of Excel Strong interpersonal skills with ability to work independently and as part of a team Pride in delivery of work with attention to detail Knowledge of FSRI, experience with CODA or similar accounting systems. What's On Offer Work within a supportive, adaptive team that values mutual development in a well-established global insurer. Become the subject matter expert for reinsurance accounting with opportunities to contribute to process improvements and controls development in a collaborative environment. Our client is committed to diversity in all of its forms and operates an inclusive recruitment process and has a hybrid office working environment.
TPBN1_UKTJ
- Location:
- United Kingdom
- Job Type:
- FullTime
- Category:
- Insurance