Senior Reinsurance Technical Accountant

QBE; City Of London; On-site; GBP 70,000 - 80,000; Full time

Job summary

A leading reinsurance and risk management firm seeks a highly experienced Senior Reinsurance Technical Accountant to lead the post-placement technical accounting for Group Managed Quota Share treaties. Candidates should have extensive experience in reinsurance technical accounting, particularly in international environments, along with advanced Excel skills and a collaborative mindset. This role offers 30 days holiday and flexible working arrangements.

Benefits

30 days holiday a year

Flexible working options

10% employer pension contribution

Private medical insurance

Family friendly policies

Short term remote work abroad

Cycle-to-Work scheme

Qualifications

• Extensive experience in a reinsurance technical accounting role within a global (re)insurance organization.
• Strong understanding of various reinsurance structures and accounting implications.
• Advanced Excel skills required.

Responsibilities

• Lead post-placement technical accounting and reporting for Group Managed Quota Share treaties.
• Collaborate with various teams to ensure accurate and timely settlement of reinsurance accounts.
• Prepare and review ceded premium, claims, and recoveries reports.

Skills

Reinsurance technical accounting

Quota Share understanding

Analytical skills

Excel proficiency

Problem-solving

Communication skills

Tools

DCXL

Job description

Primary Details

Time Type: Full time

Worker Type: Employee

• Location: London
• Type: Permanent, full time
• Hybrid role, happy to talk flexible working

The Opportunity

We are seeking a highly experienced and detail-oriented Senior Reinsurance Technical Accountant to join our Group Ceded Reinsurance team. This pivotal role will take the lead on post-placement Quota Share reporting, working closely with the Group’s reinsurance captives, the Offshore Processing Team, and other key stakeholders across the business.

The successful candidate will bring extensive experience in reinsurance technical accounting, particularly in the post-placement lifecycle, and will play a critical role in ensuring the accuracy, timeliness, and integrity of reinsurance financial data and reporting.

Your New Role

• Lead the post-placement technical accounting and reporting for Group Managed Quota Share treaties.
• Collaborate with the Group Ceded Reinsurance team, Group Captives, and the Offshore Processing Team to ensure accurate and timely settlement of reinsurance accounts.
• Prepare and review ceded premium, claims, and recoveries reports, ensuring alignment with treaty terms and accounting standards.
• Manage reinsurance account reconciliations and cash flow tracking.
• Liaise with internal stakeholders (Finance, Actuarial, Claims) and external partners (brokers, reinsurers, auditors).
• Support the internal and external periodic audit process related to reinsurance.
• Identify and implement process improvements and automation opportunities to enhance reporting efficiency and accuracy.
• Mentor and support team members, sharing technical knowledge and best practices.

Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.

About you

• Extensive experience in a reinsurance technical accounting role, ideally within a global (re)insurance organisation, and complex international reinsurance programs.
• Strong understanding of Quota Share and other reinsurance structures, including treaty wording and accounting implications.
• Proficiency in technical accounting practices.
• Advanced Excel skills; experience with DCXL is highly desirable.
• Excellent analytical, problem‑solving, and communication skills.
• Proven ability to work collaboratively across teams and manage multiple priorities.

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 – 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.

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