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Senior Technical Accountant - Insurance

  • Permanent
  • 100,000 - 110,000

Job details.

Senior Technical Accountant - Insurance - London Market Experience Essential.

Summary of the role:

Reporting to the Head of Accounting, We're looking for an accountant with strong insurance and accounting experience. Your role is to manage the core financial accounting for a Tier 1 insurance account, delivering financial control, reporting and giving support to the business on time.

As part of your duties, you will be responsible for:

  • Possess a good level of knowledge and accountability for reconciling and managing automated insurance transactions within the ledger.
  • Take ownership of any manual processing related to incoming insurance transactions.
  • Responsible for technical reconciliations between service companies, acting as the primary contact for intercompany partners.
  • Maintain an intermediate understanding and oversight of reconciliations and management of automated reserving transactions (such as Incurred But Not Reported - IBNR) in the ledger.
  • Serve as the primary contact for auditors regarding incoming insurance and reserving matters.
  • Analyse and generate commentary on the results of incoming insurance activities.
  • Responsible for being the main contact for downstream reporting (including Lloyd’s Regulatory and Head Office) as well as external inquiries pertaining to incoming insurance and reserving transactions.
  • Hold secondary responsibility for outgoing reinsurance and intercompany transactions.
  • Assisting with maintenance and updating of financial systems, specifically Aptitude.

Qualifications and experience we consider to be essential for the role:

  • Strong academic background including an internationally recognised professional accounting qualification (minimum 7 years post qualification experience).
  • Strong experience working within an insurance or reinsurance business
  • Good communication skills
  • Strong controls and reconciliations experience
  • Experience and knowledge of Oracle Financials.

Skills and Personal attributes we would like to have:

  • Strong analytical and problem-solving skills, with a proactive approach to identifying and resolving issues.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
  • High attention to detail, ensuring accuracy in all financial system updates and reporting.
  • Strong organisational skills, with the ability to manage multiple tasks and meet deadlines.
  • Proficiency in other financial systems and tools, such as Excel, Aptitude, and data analytics software.
  • Ability to work independently and within a team in a dynamic, fast-paced environment.

Senior Technical Accountant - Insurance - London Market Experience Essential.

Summary of the role:

Reporting to the Head of Accounting, We're looking for an accountant with strong insurance and accounting experience. Your role is to manage the core financial accounting for a Tier 1 insurance account, delivering financial control, reporting and giving support to the business on time.

As part of your duties, you will be responsible for:

  • Possess a good level of knowledge and accountability for reconciling and managing automated insurance transactions within the ledger.
  • Take ownership of any manual processing related to incoming insurance transactions.
  • Responsible for technical reconciliations between service companies, acting as the primary contact for intercompany partners.
  • Maintain an intermediate understanding and oversight of reconciliations and management of automated reserving transactions (such as Incurred But Not Reported - IBNR) in the ledger.
  • Serve as the primary contact for auditors regarding incoming insurance and reserving matters.
  • Analyse and generate commentary on the results of incoming insurance activities.
  • Responsible for being the main contact for downstream reporting (including Lloyd’s Regulatory and Head Office) as well as external inquiries pertaining to incoming insurance and reserving transactions.
  • Hold secondary responsibility for outgoing reinsurance and intercompany transactions.
  • Assisting with maintenance and updating of financial systems, specifically Aptitude.

Qualifications and experience we consider to be essential for the role:

  • Strong academic background including an internationally recognised professional accounting qualification (minimum 7 years post qualification experience).
  • Strong experience working within an insurance or reinsurance business
  • Good communication skills
  • Strong controls and reconciliations experience
  • Experience and knowledge of Oracle Financials.

Skills and Personal attributes we would like to have:

  • Strong analytical and problem-solving skills, with a proactive approach to identifying and resolving issues.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
  • High attention to detail, ensuring accuracy in all financial system updates and reporting.
  • Strong organisational skills, with the ability to manage multiple tasks and meet deadlines.
  • Proficiency in other financial systems and tools, such as Excel, Aptitude, and data analytics software.
  • Ability to work independently and within a team in a dynamic, fast-paced environment.

Sector:

  1. General Insurance

George Osborn

General Insurance, Tech & Change

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