Senior Reinsurance Accountant

QBE Insurance Group Limited; Greater London; Hybrid; GBP 65,000 - 85,000; Full time

Job summary

A leading international insurance company located in London is seeking a Senior Reinsurance Accountant for a full-time, hybrid role. You will manage complex financial transactions, oversee accounting entries, and ensure accurate reconciliations. Ideal candidates will have extensive experience in reinsurance accounting and be proficient in data analysis. The position offers a range of benefits including flexible working hours, 30 days of holiday, and a robust pension plan.

Benefits

30 days holiday a year

Flexible working options

Pension plan with 10% employer contributions

Private medical insurance

Family friendly policies

Short term remote work abroad

Cycle-to-Work scheme

Qualifications

• Extensive experience in reinsurance or insurance accounting.
• Knowledge of Facultative and Treaty reinsurance structures.
• Advanced Excel skills and proficiency in data analysis.

Responsibilities

• Own reinsurance finance interfaces and manage system integrations.
• Prepare and review reinsurance accounting entries.
• Deliver insightful analytical reviews and explain variances.

Skills

Communication

Finance Strategy

Financial Management

Data Analysis

Critical Thinking

Education

Professional accountant qualification

Tools

Oracle

SAP

PeopleSoft

Job description

Primary Details

Time Type: Full time

Worker Type: Employee

Senior Reinsurance Accountant

12 Month Fixed-Term Contract (Full-Time, Hybrid)

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 & 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 for our customers. And we do it all with a human touch.

We're an international insurer with more than 13,000 people working across 26 countries - which means we're big enough for your ambitions, yet small enough for you to make a real impact. It's an exciting time. We're building momentum towards our vision to become the most consistent and innovative risk partner.

What if you could have a positive impact - at work and in the world? 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, so your savings are looking after the planet's future, as well as your own.
• Cycle-to-Work - benefit from regular exercise whilst making your commute greener and cheaper, select and bike/or accessories up to the value of £5,000.

Awards & Recognition

We value our employee's 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 for our Respect@QBE program.

Insurance Post British Insurance Awards 2025 Winner: Commercial Lines Insurer of the Year, Winner: Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance.

AXCO Global Insurance Awards 2024 Winner: Network Management of the Year.

Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer.

UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year.

Working Dads Employer Awards 2023 Winner: Parental Policies Award.

Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee.

You can view all our awards here.

Apply now and let's make it happen!

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.

Application Close Date: 23/12/2025 11:59 PM

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