Credit Control - Reinsurance Technical Accountant

Chaucer Group; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Flexible hybrid work model

Diverse, inclusive culture

Extensive benefits package

Job summary

Chaucer Group, a leading Lloyd’s insurer, is seeking a Reinsurance Technical Accountant to support accurate processing, reconciliation, and settlement of insurance and reinsurance accounts. You’ll help collect balances, reduce aged debt, and resolve technical accounting queries across international and London Market business.

You will assist the Credit Control Treaty Lead in inward treaty matters, submit quarterly accounts, and coordinate with brokers, cedants, reinsurers, and underwriters.

Qualifications

• Awareness of, or interest in developing knowledge of the Lloyd’s insurance market
• Professional and approachable manner
• Confident communicator with the ability to build positive working relationships
• Well organised, with the ability to manage time effectively and stay on top of tasks
• Collaborative team player who enjoys working with others and contributing to shared goals
• Motivated and proactive, with the willingness to learn and take responsibility for own work
• Able to plan and prioritise tasks to meet agreed deadlines, with appropriate support
• Excellent attention to detail, with a genuine commitment to producing accurate, high‑quality work

Responsibilities

• Assist the Credit Control Treaty Lead in respect of inwards treaty reinsurance account matters across Chaucer Group
• Assist with the timely submission and reconciliation of quarterly accounts, maintaining accuracy and data integrity
• Support the collection and settlement of premiums and claims in accordance with contractual terms, escalating to Underwriters where necessary
• Support the investigation and resolution of account discrepancies, settlement queries and unallocated cash items
• Liaise with brokers, cedants, reinsurers, underwriters and internal stakeholders to resolve accounting and settlement issues
• Escalate technical accounting, settlement and collection concerns where appropriate
• Contribute to meeting KPI’s in terms of the reduction of aged debt and unallocated cash within Chaucer Group
• Actively participate in continuous improvement initiatives surrounding processes in relation to the reduction of aged debt, unallocated cash and queries specific to proportional treaty accounting
• Assist in maintaining policies and procedures in relation to the role to improve efficiency and effectiveness
• Assist in the reduction of data quality issues across the Chaucer Group, that impact credit control
• Attend and participate in training sessions and other meetings, as and when required
• Undertake additional duties as reasonably requested by the Credit Control Treaty Team Lead.

Skills

Lloyd's insurance market knowledge

Communication

Time management

Collaborative team player

Proactive with ownership

Job description

Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, to be closer to our clients across the world. To learn more about us please visit our website: www.chaucergroup.com

Job Profile Summary

Working within Chaucer's Credit Control & Treaty team, the Reinsurance Technical Accountant is responsible for assisting with the accurate processing, reconciliation and settlement of insurance and reinsurance accounts. The role supports the timely collection of balances, reduction of aged debt and unallocated cash, and resolution of technical accounting queries across Chaucer's international and London Market business.

Job Description

• Assist the Credit Control Treaty Lead in respect of inwards treaty reinsurance account matters across Chaucer Group
• Assist with the timely submission and reconciliation of quarterly accounts, maintaining accuracy and data integrity.
• Support the collection and settlement of premiums and claims in accordance with contractual terms, escalating to Underwriters where necessary
• Support the investigation and resolution of account discrepancies, settlement queries and unallocated cash items.
• Liaise with brokers, cedants, reinsurers, underwriters and internal stakeholders to resolve accounting and settlement issues.
• Escalate technical accounting, settlement and collection concerns where appropriate.
• Contribute to meeting KPI’s in terms of the reduction of aged debt and unallocated cash within Chaucer Group
• Actively participate in continuous improvement initiatives surrounding processes in relation to the reduction of aged debt, unallocated cash and queries specific to proportional treaty accounting.
• Assist in maintaining policies and procedures in relation to the role to improve efficiency and effectiveness
• Assist in the reduction of data quality issues across the Chaucer Group, that impact credit control
• Attend and participate in training sessions and other meetings, as and when required
• Undertake additional duties as reasonably requested by the Credit Control Treaty Team Lead.

Skills and Competencies

• Awareness of, or interest in developing knowledge of the Lloyd’s insurance market
• Flexible and adaptable, with a professional and approachable manner
• Confident communicator with the ability to build positive working relationships
• Well organised, with the ability to manage time effectively and stay on top of tasks
• A collaborative team player who enjoys working with others and contributing to shared goals
• Motivated and proactive, with the willingness to learn and take responsibility for own work
• Able to plan and prioritise tasks to meet agreed deadlines, with appropriate support
• Excellent attention to detail, with a genuine commitment to producing accurate, high‑quality work

Why Join Chaucer?

Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk-from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we're close to our clients wherever they are.

We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.

We offer:

• A flexible hybrid work model that supports individual and team needs.
• A diverse, inclusive culture that values people for who they are.
• Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.