Enable job alerts via email!

Senior Reinsurance Technical Accountant

QBE

Greater London

Hybrid

GBP 70,000 - 90,000

Full time

Yesterday

Be an early applicant

Generate a tailored resume in minutes

Land an interview and earn more. Learn more

Job summary

A leading insurance company in Greater London is seeking a highly experienced Senior Reinsurance Technical Accountant. In this pivotal hybrid role, you'll lead post-placement Quota Share reporting and work closely with internal teams and external stakeholders. The ideal candidate has extensive experience in reinsurance technical accounting and is skilled in managing financial data for timely and accurate reporting. Join a company that values innovation and supports flexible working arrangements.

Benefits

30 days holiday a year

Flexible working

Pension with 10% employer contributions

Private medical insurance

Family friendly policies

Short term remote work abroad

Cycle-to-Work scheme

Qualifications

Extensive experience in a reinsurance technical accounting role ideally within a global (re)insurance organisation.
Strong understanding of Quota Share and other reinsurance structures.
Proficiency in technical accounting practices.

Responsibilities

Lead the post-placement technical accounting and reporting for Group Managed Quota Share treaties.
Collaborate to ensure accurate settlement of reinsurance accounts.
Prepare claims and recoveries reports ensuring alignment with treaty terms.

Skills

Adaptability

Commercial Acumen

Conflict Resolution

Critical Thinking

Finance

Strategy

Financial Data Reporting

Financial Management

Intentional collaboration

International Financial Reporting Standards (IFRS)

Managing performance

Mentorship

Personal Initiative

Process Refinement

Risk Management

Team Development

Tools

Advanced Excel

DCXL

Primary Details

Time Type: Full timeWorker 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 Groups 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.

Why QBE At My Best

At QBE we want our people to feel rewarded and inspired to perform at their best thats why we have created At My Best. Its our connection our way of showing we have your back. We understand that one size doesnt fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. Its in the culture of our business our QBE DNA to support our people. Everything we do is underpinned by our QBE DNA.

Were an international insurer thats building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict whats around the corner but at QBE were asking the right questions to enable a more resilient future helping those around us build strength and embrace change to their advantage.

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job we have adopted flexible working across the company and welcome this conversation ( more than more than 13000 people working across 27 countries were big enough to make a real impact but small enough to provide a friendly workplace where people are down‑to‑earth passionate and kind.

To find out more about why you should work for QBE visit our careers website.

At My Best - QBE 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 planets 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 5000.

To find out more visit our Reward Page

QBE Awards

Some of the awards QBE are proud to have won been a finalist for and shortlisted for include;

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

Inclusion of Diversity

We are striving to create a workplace culture where all our people feel included and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families and our commitment to the Women in Finance Charter the UN Womens Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page

Accessibility

Here at QBE we are promoting an accessible workplace for all which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations please make your Talent Acquisition contact aware.

ESG & Sustainability

At QBE we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy enabling a sustainable and resilient workforce and partnering for growth through innovative sustainable and impactful solutions. For further information regarding QBEs sustainability targets including our net-zero pledges and inclusion of diversity targets and our award-winning impact investment initiative Premiums4Good please visit our Sustainability homepage and read our latest Sustainability Report

What next If you have a passion to contribute to QBEs vision of enabling a more resilient future for our customers and the community we encourage you to apply! Simply click the apply button to submit your CV and other relevant documents and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.

We believe this is our moment what if it was yours too

APPLY NOW and lets make it happen!

Skills: