Senior Accountant - Reinsurance London

Shipowners' Club; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading company in the insurance sector is seeking a Senior Accountant for a newly created role within their finance team. This position offers the opportunity to engage in reinsurance accounting and contribute to finance projects. Candidates should have a strong background in the insurance industry and a keen interest in reinsurance. The role includes hybrid working, allowing flexibility while ensuring collaboration within the team.

Qualifications

• Minimum of 3 years PQE required.
• Insurance industry experience is essential.

Responsibilities

• Prepare monthly/quarterly/annual reports for management.
• Maintain reinsurance records and produce reports.
• Assist with statutory financial statements.

Skills

Attention to Detail

Problem Solving

Communication

Collaboration

Education

Qualified Accountant

Tools

Sun Systems

Job description

If interested in this role, please send us your CV and covering letter outlining why you would be suitable for this position and your salary requirements to [e-mail] . Salary is dependent on experience.

We’re hiring a Senior Accountant into a newly created permanent role within our friendly and collaborative finance team. This is a great opportunity to make a real impact in a small, supportive team, with hands-on involvement in both reinsurance accounting and broader finance activities.

We welcome applications from candidates with existing reinsurance accounting experience, or those keen to move into this specialist area. An insurance industry background is essential, and you’ll play a key role in finance projects, system upgrades, and supporting our evolving reinsurance structures. If you’re looking to grow your expertise in a varied reinsurance accounting role, we’d love to hear from you.

We also have a hybrid working model (minimum 2 days in the office).

We recognise the business benefits of having a diverse and inclusive community. We all have something unique to bring to the table and by embracing those differences we seek to build and maintain an environment which attracts and values diversity and where everyone can develop their talents and be themselves. For us, diversity and inclusion goes above and beyond focusing on protected characteristics – we want all our colleagues to bring 100% of themselves to work. With a happy and engaged workforce we all strive to work together to be the best that we can be for the mutual benefit of ourselves and our Members.

Overall responsibility of the Role:

• To be a point of contact for Reinsurance processing, recording and overseeing the collection of reinsurance premium and to provide financial and management reinsurance information·
• To be a point of contact for coordinating the branch wide reinsurance programmes.

Role Responsibilities:

• To assist in the preparation of monthly/quarterly/annual reports for the purposes of management and statutory reporting for the company, the Group and its branches.
• To maintain reinsurance records, and the quarterly and ad hoc production of reports to reinsurance brokers.
• To provide cover for the assistant accountant – reinsurance role.
• To review quarterly reinsurance statements for the financial statements.
• To oversee reinsurance premium, liaising with other colleagues, reinsurance brokers and underwriters on outstanding debts.
• To oversee and assist with the processing of IG Pool claims and submission of reports to the IG, and internal management.
• To assist in the production of the statutory financial statements for the company, the Group and its branches.
• To provide general support as required for colleagues within the Finance department.
• To support and assist in such project work as arises from time to time within the Finance Department.

Experience/Skills Required:

• Insurance industry experience is essential
• Reinsurance accounting experience or a strong interest in moving into reinsurance
• Qualified accountant with a minimum of 3 years’ PQE
• Willingness to take on both detailed work and review responsibilities
• Strong attention to detail and ability to problem-solve around data errors
• Confident communicator, comfortable working with internal teams and external contacts
• Collaborative team player who is not afraid to ask questions
• Experience with Sun Systems is desirable but not essential

Candidates must be eligible to work in the UK.

Due to the large numbers of responses we receive, it is not possible to respond to every application. Therefore only short-listed candidates will be contacted for this particular role and if you haven’t heard from us within 3 weeks please assume you have been unsuccessful on this occasion.