Re/Insurance Accountant

Insight Recruitment Solutions Limited; City Of London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A growing insurance group is seeking an accounting professional to support both insurance and reinsurance operations. You will ensure accurate financial recording and reporting, enabling informed decision-making. Ideal candidates will have strong insurance accounting experience and solid skills in reconciliation and financial reporting. The role offers a hybrid working environment and opportunities for development.

Qualifications

• Strong insurance accounting experience across both direct and reinsurance business.
• Solid reconciliation and financial reporting skills.
• Proficiency in accounting systems, ideally Oracle NetSuite.

Responsibilities

• Process and reconcile direct insurance and reinsurance transactions.
• Prepare journal entries and reconcile bordereaux.
• Assist with premium/claims reconciliations.

Skills

Insurance accounting experience

Reconciliation skills

Financial reporting skills

Accounting systems proficiency

Advanced Excel skills

Strong communication skills

Tools

Oracle NetSuite

Job description

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

• 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**