Senior Reinsurance Accountant

QBE Europe; Greater London; Hybrid; GBP 60,000 - 75,000; Full time

Job summary

A global insurance company in London is looking for a Senior Reinsurance Accountant on a 12-month fixed-term contract. This role involves managing reinsurance finance interfaces, preparing accounting entries, and ensuring accurate reconciliations. Candidates should be full or part qualified accountants with extensive reinsurance accounting experience. Advance your career in a dynamic environment that values innovation and provides numerous employee benefits including flexible working options and significant holiday time.

Benefits

30 days holiday a year

Flexible working options

Pension plan with 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 is a must.
• Knowledge of Facultative and Treaty reinsurance structures is preferable.
• Advanced Excel skills and proficiency in data analysis and reconciliation procedures.

Responsibilities

• Own all reinsurance finance interfaces and manage inputs for integrations.
• Prepare and review reinsurance accounting entries including premiums, claims, and commissions.
• Perform reconciliations and resolve discrepancies.

Skills

Communication

Critical Thinking

Financial Data Reporting

Stakeholder Management

Education

Full or Part qualified accountant

Tools

Excel

Oracle

PeopleSoft

SAP

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 and
• 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’rean international insurer with more than 13,000 people working across 26 countries – which meanswe’rebig enough for your ambitions, yet small enough for you to make a real impact.It’san exciting time.We’rebuilding 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?Aspart of the QBE team,you’llget to spend every day working with people who are passionate,talentedand kind.

Benefits

We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:

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 and/or accessories up to the value of £5,000.

To find out more visit our Reward Page

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 andlet’smake it happen!

Ifyou’relooking for a career thatcombines yourexpertiseand your empathy, click Applytoday.

Your career. At the heart of it.

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

How to Apply:

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

Equal Employment Opportunity:

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