Re/Insurance Accountant

Insight Recruitment Solutions; Greater London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A growing insurance group is seeking a Re/Insurance Accountant to support both insurance and reinsurance operations. You will ensure accurate financial recording and reporting, assist with reconciliations, and collaborate cross-functionally. Ideal candidates will have a professional accounting qualification, strong insurance accounting experience, and advanced Excel skills. This position offers a hybrid working environment and is a great opportunity to join a committed and diverse team.

Qualifications

• Professional accounting qualification essential.
• Strong experience in insurance accounting required.
• Proficiency in accounting systems and advanced Excel skills needed.

Responsibilities

• Process and reconcile direct insurance and reinsurance transactions.
• Prepare journal entries and reconcile bordereaux from MGAs/MGUs and reinsurers.
• Support monthly/quarterly reporting and regulatory submissions.

Skills

Strong insurance accounting experience

Solid reconciliation and financial reporting skills

Strong communication skills

Advanced Excel skills

Education

Professional accounting qualification (ACA, ACCA, CIMA)

Tools

Oracle NetSuite

Job description

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 its forms and operates an inclusive recruitment process. They offer a hybrid working environment.