Insurance Accountant / Analyst in London

The Company Cover Genius is a Global Insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, Intuit, Uber, Ryanair, Turkish Airlines, and others. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.

Our team and products have been recognised with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries commits itself to diverse cultural programs, particularly “CG Gives” which funds development initiatives in global communities.

About the role

As Insurance Accountant / Analyst at Cover Genius, you will sit within a rapidly expanding global finance team and work exclusively on the Asservo insurance business, the Group’s regulated Cayman captive, and captive cell in Malta. Based in Amsterdam or London and reporting to the Associate Director of Insurance Finance, you will own the recurring analysis behind the captive’s technical balances: reserve movements, reinsurance premium and recoveries, paid claims, and the intercompany flows between the captive and the wider Group.

This is a hands-on analytical role with real ownership of a discrete book, suited to someone who wants depth in insurance finance rather than breadth across general accounting. You will work closely with Actuarial, Insurance teams, Underwriter Finance and both the Cayman and Malta administrators and auditors. Success depends on being genuinely curious about how insurance numbers behave; asking why a reserve moved rather than only confirming that it reconciles.

Key Responsibilities:

• Insurance reserve analysis and reporting for the Asservo book; prepare and analyse monthly movements in IBNR, unearned premium reserve, unexpired risk reserve, and outstanding claims reserve.
• Support the actuarial reserving cycle - preparing claims and premium data extracts, reconciling actuarial output back to NetSuite, and documenting the basis of booked reserves.
• Maintain reinsurance recoverable positions on unearned premium and unpaid claims.
• Analyse and reconcile captive written premium and inwards reinsurance written premiums, including UPR movements.
• Reconcile paid claims direct and inwards RI and ceding commission.
• Validate bordereaux and cedent data supporting the captive’s written and earned premium.
• Reconcile the Asservo reinsurance payable and intercompany loan positions, coordinating with Underwriter Finance and Financial Control.
• Prepare monthly Asservo reporting packs, with commentary on drivers of reserve and technical result movements.

To help us level up, you'll ideally have:

• 5+ years of finance or analytical experience within insurance, reinsurance, a captive, an insurtech or an insurance audit practice.
• Working knowledge of insurance technical balances: IBNR, UPR, unexpired risk, outstanding claims reserves and reinsurance recoverables, and how they move.
• Part-qualified or qualified accountant (CA, ACCA, CIMA, CPA, RA), or an actuarial / quantitative background with financial reporting exposure. Equivalent practical experience considered.
• Strong Excel skills, including working with large premium and claims data extracts. Experience with NetSuite is an advantage.
• Demonstrated reconciliation discipline; able to build a clean, reviewable workpaper and explain a variance.

Why Cover Genius?

Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that.

• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
• Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enable us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!

Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!

Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.

By submitting your application, you acknowledge that we may collect, store and process your personal data for recruitment purposes. To ensure a fair evaluation, we may use AI to assist in sorting applications, but all final decisions are made by our hiring team and no candidate dispositions are automated. We will keep your information on file for three years from the date of your application.