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Job Description

A well established, successful and continuously expanding specialty re/insurance business are going through a further period of growth, and are currently looking to appoint a Senior Technical Accountant to be based in their London office. 

Reporting to the Head of Technical Accounting / Financial Controller, this position requires someone with London company market experience and ceded reinsurance accounting knowledge. 

Key duties as follows:

  • Overseeing monthly/quarterly Technical reporting for the London market company, as well as 1 European entity and 1 European branch office.
  • Providing technical accounting guidance to team members and other functions, ensuring technical balances are correctly recorded in the GL.
  • Reconcile and approve technical balances for European entities.
  • Support the Head of Technical Accounting with supervising the team.
  • Play an active role in period end consolidation of technical accounts.
  • Ensuring analysis of insurance/reinsurance financial accounts to support consolidated analytics / legal entity sign-off.
  • Perform insurance and reinsurance financial account balance analysis.
  • Work with the Global Technical Accounting to ensure processes and procedures remain consistent.
  • Enhancing internal controls to ensure accurate reporting and recon.
  • Liaise with Reserving, Business Services and Ceded Re teams to ensure data availability, accuracy and timeliness.
  • Help in driving continuous process improvements.
  • Take ownership of technical reporting for international entities.

The successful candidate will possess the following:

  • Fully qualified Accountant.
  • London company market experience.
  • Lloyd's syndicate experience would be a plus.
  • Ceded reinsurance accounting knowledge (essential).
  • Strong technical accounting, US GAAP and IFRS experience.
  • Process improvement background required.

This is an excellent opportunity to join a highly successful, vibrant and continuously expanding business.

If you meet the above description then please apply below or contact me for more information.