Delegated Technical Accounting Manager

SiriusPoint; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global insurance provider is seeking a Finance Operations professional to oversee technical bookings and settlements, manage onboarding of MGA programs, and harmonize financial processes. Ideal candidates will possess a Bachelor's degree, 7+ years of experience in Insurance Finance Operations, and strong analytical and leadership skills. This role offers a unique opportunity to contribute to a collaborative team culture that prioritizes integrity and customer focus.

Qualifications

• You have minimum 7 years of experience in Insurance Finance Operations.
• You can interpret Binder Agreements and Program Management Agreements.
• You are able to manage processes and team members.

Responsibilities

• Oversee technical bookings and settlements for insurance entities.
• Manage onboarding of new MGA and Delegated Authority programs.
• Harmonize processes around settlements and unallocated cash.

Skills

Intermediate to advanced knowledge with eMessaging

Strong leadership skills

Analytical mindset

Excellent verbal and written communication skills

Education

Bachelor’s degree in Business or similar

ACCA or CIMA accounting designation

Tools

SICS (DXC) system

Microsoft Office (Word, Outlook, Excel)

Job description

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.8 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.

Join Our Team

You will be part of the Finance Operations team, part of the wider Finance organization. You will report to the Head of Direct & Ceded Technical Accounting.

Your responsibilities will include:

• Oversee Delegated Authority technical bookings and settlements for both Lloyds syndicate and European entities
• Manage the successful onboarding of new MGA and Delegated Authority programs by working with Underwriting, Claims, and external parties
• Create robust collections process to ensure timely settlement of premium and loss accounts
• Harmonize processes and controls around missing accounts, settlements, and unallocated cash
• Conduct Finance Operations accounting process for MGA and Delegated Authority programs to ensure data is correctly coded, entered, reconciled, unapplied cash is cleared; and underwriting results reported accurately
• Oversee MGA/TPA imprest accounts, trusts, funds held, cash loss advances, etc.
• Establish strong relationships with external MGA partners, brokers, and reinsurers to address outstanding queries and overdue collections
• Develop and maintain processes for operating and SOX controls for both Lloyds and non-Lloyds business
• Provide support for GAAP, Statutory audits for internal and external auditors
• Collaborate with senior finance leadership and coworkers

Your skills and abilities should include:

• Bachelor’s degree, preferably in Business or similar. ACCA, CIMA, or similar accounting designation a plus
• Have intermediate to advanced knowledge with eMessaging, Bureau settlements, LORS, Faster Claims Payment, etc.
• Knowledge and ability to interpret Binder Agreements and Program Management Agreements
• Minimum 7 years of experience within Insurance Finance Operations for MGA and Delegated Authority Business
• Experience with SICS (DXC) system a plus
• Strong leadership skills to manage processes and team members
• Excellent verbal and written skills to effectively communicate with senior management and external parties
• Analytical mindset with problem-solving skills
• Ability to take responsibility, work proactively and continuously improve activities in complex, quickly transforming environments
• Broad knowledge of Microsoft Office (Word, Outlook, Excel}

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purposeis to provide security and resilience in an uncertain world.

Our Visionis to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise, and data to provide intelligent risk solutions.

Our cultureis one ofperformance and accountability. Our people are our experts, and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Valuesare at the heart of our business, and which guide everyday actions and decision making.

• Integrity: Integrity, respect and trust are our core principles
• Customer Focused: Our customers are the reason we exist
• Solution Driven: Creating solutions is our mindset
• Diversity: Diversity, inclusion and allyship make us stronger
• Collaboration: Collaboration drives outperformance

Why Should You Join SiriusPoint?

Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We Achieve More Together

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.

We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.

We are unable to sponsor or take over sponsorship of an employment visa at this time.