Senior Technical Reinsurance Accountant

TN United Kingdom; London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Senior Technical Reinsurance Accountant to join their dynamic Finance team in London. This exciting role offers the chance to take ownership of Outwards Reinsurance transactions, ensuring accuracy and compliance while contributing to the strategic objectives of the company. The ideal candidate will possess strong insurance and accounting experience, with a passion for problem-solving and collaboration in a fast-paced environment. With a commitment to diversity and professional development, this firm provides a supportive atmosphere where your contributions will make a significant impact.

Benefits

Performance-related discretionary bonus

28 days holiday plus up to 5 days purchase option

Competitive pension scheme

Private medical cover

Flex Fund for benefits

Life assurance

Enhanced parental leave

Support for professional development

Annual health screening

Cycle to work scheme

Qualifications

• Strong understanding of Insurance accounting and controls.
• Experience with Lloyd’s Market is preferred.

Responsibilities

• Ownership of all Outwards Reinsurance transactions and reconciliation.
• Analysis and commentary on reinsurance results.

Skills

Problem-solving skills

Ability to explain complex data simply

Collaboration

Change management

Education

Accounting Qualifications

Tools

Oracle general ledger

Job description

Senior Technical Reinsurance Accountant

Location: London

Contract Type: Permanent

Work Pattern: Full Time and Hybrid

MS AUL appointed a new CFO earlier in 2024, leading to changes in the Finance function aligned with strategic objectives, including reporting IFRS17 results and accelerating financial close in 2024 and 2025.

It's an exciting time to join the MS Amlin Finance team. We seek an accountant with strong insurance and accounting experience, energetic, eager to make a difference, and capable of building an efficient Finance function.

About The Job

Key responsibilities include ownership of all Outwards Reinsurance transactions, reconciliation and control of automated transactions, manual processing of non-standard contracts, intra-group reinsurance submissions, bad debt calculations, analysis and commentary on reinsurance results, and handling downstream reporting and external queries. Secondary responsibilities involve inwards insurance and reserving transactions.

Ideal Candidate Traits:

• Strong problem-solving skills
• Ability to explain complex data simply
• Embraces change and continuous improvement
• Enjoys collaborative environments

Minimum Requirements:

• Accounting Qualifications
• Strong understanding of Insurance accounting
• Experience with Lloyd’s Market (preferred)
• Experience with Oracle general ledger (preferred)
• Strong controls and reconciliations experience

We value diversity and believe in the strength of our collective differences. If you believe in yourself, apply today!

What You Can Expect From Us

• Performance-related discretionary bonus
• 28 days holiday plus up to 5 days purchase option
• Competitive pension scheme
• Private medical cover
• Flex Fund for benefits
• Life assurance
• Enhanced parental leave
• Support for professional development
• Annual health screening
• Additional benefits like cycle to work, season ticket loan

About MS Amlin

MS Amlin is a leading global (re)insurance company, part of MS&AD, operating in Lloyd’s, European, US, and Bermudian markets. Our Lloyd’s business writes diverse portfolios, providing insurance and reinsurance solutions worldwide, with roots over 100 years in the market.