Senior Reinsurance Accountant

QBE; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading international insurance firm in London is seeking a Senior Reinsurance Accountant to lead the processing and reporting of complex financial transactions. The role demands extensive experience in reinsurance accounting and proficiency in financial systems like Oracle or SAP. You'll be responsible for reconciling accounts, preparing journals, and collaborating with stakeholders. This position offers competitive salary and benefits, including flexible working options and private medical insurance.

Benefits

30 days holiday a year

Flexible working arrangements

Pension with employer contributions

Private medical insurance

Family friendly policies

Short-term remote work abroad options

Cycle-to-Work benefits

Qualifications

• Extensive experience in reinsurance or insurance accounting is a must.
• Knowledge of facultative and treaty reinsurance structures and calculations preferred.
• Experience with system change implementations and database modelling is desirable.

Responsibilities

• Own reinsurance finance interfaces and manage system platform integrations.
• Prepare and review reinsurance accounting entries.
• Perform Reinsurance to General Ledger reconciliations.

Skills

Data Management

Communication

Critical Thinking

Financial Management

Regulatory Compliance

Education

Professional accounting qualification or equivalent experience

Tools

Oracle

PeopleSoft

SAP

Excel

Job description

Primary Details

Time Type: Full time

Worker Type: Employee

Location: London Fenchurch Street

Applicants must have the right to work in the UK as visa sponsorship is not available for this role.

The Opportunity

Are you ready to hit the ground running and make an immediate impact? As a Senior Reinsurance Accountant you’ll take the lead in processing, analysing and reporting complex financial transactions in a fast‑paced environment. You’ll own reinsurance finance interfaces, deliver accurate reconciliations, off‑system journals and ensure insightful analytical reviews.

This role is perfect for someone who thrives when managing data, embraces complexity and enjoys collaborating to deliver results quickly and effectively. If you’re ready to bring your expertise and energy to a global business this role is where you’ll make your mark.

Your New Role

• Own all reinsurance finance interfaces and manage inputs for upstream and downstream system platform integrations
• Prepare and review reinsurance accounting entries including premiums, claims and commissions
• Perform Reinsurance to General Ledger reconciliations and resolve discrepancies
• Create and maintain off‑system reinsurance journals
• Liaise with internal stakeholders and external reinsurers to manage queries and settlements
• Deliver insightful analytical reviews and prepare clear, concise commentary to explain variances and trends
• Contribute to process improvements and system enhancements within the reinsurance accounting function

About You

• Full or part professionally qualified accountant or equivalent level of experience
• Extensive experience in reinsurance or insurance accounting is a must for this role
• Knowledge of facultative and treaty reinsurance structures and reinsurance calculations is preferable
• Advanced Excel skills and proficiency in data analysis and reconciliation procedures
• Familiarity with financial systems such as Oracle, PeopleSoft or SAP
• Experience with system changes implementations and database modelling is desirable
• Strong communication skills with the ability to build relationships and trust at all levels internally and externally

About QBE

At QBE we get to the heart of what matters. We do it all with a human touch.

We’re an international insurer with more than 13,000 people working across 26 countries. We’re big enough for your ambitions yet small enough for you to make a real, exciting momentum towards our vision to become the most consistent and innovative risk partner.

As part of the QBE team you’ll get to spend every day working with people who are passionate, talented and kind.

Benefits

• 30 days holiday a year with the option to buy up to 2 additional days
• Flexible working – balancing work and life is important so our flexible working opportunities are open to all, this can include part‑time, job share and compressed hours
• Pension – you are automatically enrolled into the QBE pension plan which entitles you to receive employer contributions of 10% of your basic salary
• Private medical insurance – we fund fully comprehensive private medical cover for you and all the family
• Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent
• Short‑term remote work abroad – you can request up to 20 days per year to work remotely from certain locations abroad
• Sustainable investing – we believe sustainable integration is important for long‑term financial, environmental and social outcomes. Our pension strategy supports our net‑zero goal to achieve year‑on‑year reductions in carbon footprint by investing more in green businesses than the broader market
• Cycle‑to‑Work benefit from regular exercise whilst making your commute greener and cheaper – select and bike and / or accessories up to the value of 5,000
• To find out more visit our Reward Page

Awards & Recognition

We value our employees’ experience with us and are proud to have been recognised for the following awards:

• Winner of Excellence in Diversity Equity & Inclusion Award 2025 at the Insurance Business Australia Awards
• Winner – Commercial Lines Insurer of the Year 2025
• Winner – Reinsurer of the Year 2025
• Winner – ESG Diversity Equity and Inclusion Initiative of the Year 2025
• Winner – Insurance Personality of the Year 2025
• Winner – Network Management of the Year 2024
• Winner – Green Technology Innovation of the Year 2024
• Winner – Parental Policies Award 2023
• Winner – 5‑Star Cyber Insurer 2024
• Winner – 5‑Star Employee 2023

Apply now

Click Apply today.

Equal Employment Opportunity

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Required Experience

Senior IC

Key Skills

Healthcare Attorney, Data Management, Downstream, Insurance, Electrical Maintenance

Employment Type

Full‑Time

Experience

Years

Vacancy

1

Application Close Date

23 / 12 / 2025 11 : 59 PM

How to Apply

To submit your application click Apply and follow the step‑by‑step process.

Skills

Communication, Complaint Management, Critical Thinking, Finance, Strategy, Financial Data Reporting, Financial Management, Intentional Collaboration, International Financial Reporting Standards (IFRS), Managing Performance, Professional Development, Regulatory Compliance, Risk Management, Stakeholder Management, Strategic Leadership, Team Management