Overview
As Accounting Manager in a leading specialist insurer, you will own the monthly, quarterly and annual underwriting results across Syndicate and company operations, ensuring robust controls and accurate reporting. You will lead a small accounting team and collaborate with Finance, Actuarial, FP&A, Reinsurance and Regulatory Reporting to deliver timely, high-quality data. You drive improvements to month-end processes and financial controls while ensuring US GAAP compliance. This role offers a chance to shape technical accounting practices within a complex, cross-functional environment.
Responsibilities
- Own monthly, quarterly and annual underwriting results including premiums, earnings, claims, reserves, IBNR and acquisition costs.
- Lead, manage and develop a small team of accountants.
- Own the month-end accounting process and coordinate related activities.
- Design, maintain and enhance financial controls, reconciliations and schedules for technical insurance balances.
- Ensure accurate booking and allocation of underwriting results across lines of business, locations, accident years and statutory classes.
- Oversee technical general ledger reconciliations and resolve data issues and control exceptions.
- Maintain data quality and integrity across core financial systems and the general ledger.
- Own the reconciliation of legal entity and origin basis underwriting results.
- Provide information and supporting schedules to internal and external auditors.
- Partner with FP&A, Actuarial, Reinsurance, Regulatory Reporting and other teams to deliver accurate underwriting data.
- Drive continuous improvement across month-end processes, controls and reporting.
- Ensure compliance with relevant accounting standards, primarily US GAAP.
Key requirements
- ACA, ACCA, CIMA or equivalent experience.
- Strong experience in insurance technical accounting, ideally covering both Lloyd’s and company markets.
- Strong understanding of underwriting results, technical insurance balances and financial controls.
- Previous experience managing and developing a small accounting team.
- Strong analytical and problem-solving skills, with experience working with large and complex datasets.
- Advanced Excel skills.
- Excellent organisational and time-management skills.
- Strong communication and stakeholder management abilities.
- Ability to take ownership, manage competing priorities and deliver to tight deadlines.
- Experience with Alteryx and/or SQL would be advantageous.
- strong communication
- stakeholder management
- organizational skills
- Advanced Excel
- Alteryx
- SQL
European Accounting Manager in London employer: Edenbrook
Edenbrook is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in the financial reporting sector. With a strong commitment to employee development, we offer numerous growth opportunities and support for continuous learning, all while working in a dynamic environment that values integrity and excellence. Located in a vibrant area, our team enjoys a balanced work-life experience alongside competitive benefits tailored to enhance both personal and professional well-being.
