Re/Insurance Accountant - #2085829
Insight Recruitment Solutions Limited
Date: 5 days ago
City: London
Salary:
£60,000
-
£80,000
/ year
Contract type: Full time
Work schedule: Full day
Re/Insurance Accountant
Our client are looking for an accounting professional to support both insurance and reinsurance operations for a growing insurance group. Acting as the link between operational teams and underwriting data, you'll ensure accurate financial recording, reporting, and reconciliation, enabling informed decision-making, regulatory compliance, and business growth.
Key Responsibilities
- Process and reconcile direct insurance and reinsurance transactions (premiums, claims, commissions, profit shares).
- Prepare journal entries and reconcile bordereaux from MGAs/MGUs and reinsurers.
- Assist with premium/claims reconciliations and reinsurance recoveries.
- Support monthly/quarterly reporting, regulatory submissions, and cash flow modelling.
- Preparing monthly/quarterly insurance and reinsurance reports
- Maintain process documentation and support finance process improvements.
- Collaborate with underwriting and operations teams on accounting matters.
Requirements
- Professional accounting qualification (ACA, ACCA, CIMA)
- Strong insurance accounting experience, ideally across both direct and reinsurance business.
- Solid reconciliation and financial reporting skills.
- Proficiency in accounting systems (Oracle NetSuite desirable) and advanced Excel skills.
- Understanding of bordereaux, MGAs/MGUs, and reinsurance structures.
- Strong communication skills and ability to work cross-functionally.
An excellent time to join this growing insurance business.
**our client is committed to diversity in all of it's forms and operates an inclusive recruitment process. They offer a hybrid working environment**
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