Reinsurance Accountant

Reinsurance Accountant

Full-Time 36000 - 60000 £ / year (est.) No home office possible
Insight Recruitment Solutions Limited

At a Glance

  • Tasks: Support insurance and reinsurance operations with reporting, analysis, and transaction reconciliation.
  • Company: Fast-growing, modern insurance carrier leading in specialty insurance innovation.
  • Benefits: Hybrid working environment, developmental opportunities, and a commitment to diversity.
  • Other info: High-profile role with plenty of opportunities for career development.
  • Why this job: Join a dynamic team and make a real impact on company growth.
  • Qualifications: Strong background in reinsurance, analytical mindset, and professional qualifications preferred.

The predicted salary is between 36000 - 60000 £ per year.

Exciting opportunity to join a fast-growing, modern insurance carrier at the forefront of specialty insurance innovation. This broad role provides comprehensive support for both insurance and reinsurance operations, from reporting through to analysis. This is a pivotal role working directly with underwriting and operations teams.

  • Process and reconcile insurance and reinsurance transactions (premiums, claims, commissions, profit shares)
  • Prepare journal entries and bordereaux reconciliations as well as premium and claims reconciliations
  • Assist with monthly/quarterly insurance/reinsurance reporting for their growing book
  • Support insurance and reinsurance cash flow modeling and analysis
  • Ad hoc project work to support process improvements/efficiencies
  • Collaborate with underwriting and operations teams to ensure accurate financial data

You will have a strong background in reinsurance and insurance with an analytical mindset. You will combine strong excel and modelling skills, a high level of attention to detail and the ability to work with senior stakeholders. Ideally you will have a strong academic background and professional qualification (e.g. ACA, ACCA, CIMA). Experience with MGA/MGU delegated authority business preferred.

This is a high profile and varied role and is a superb time to join a small, dynamic environment. With their planned expansion they are able to offer plenty of developmental opportunities and your contribution will have a real impact on the company’s growth.

Our client is committed to diversity in all of its forms and operates an inclusive recruitment process and has a hybrid office working environment.

Reinsurance Accountant employer: Insight Recruitment Solutions Limited

Join a dynamic and innovative insurance carrier that prioritises employee growth and inclusivity. As a Reinsurance Accountant, you will thrive in a collaborative environment where your contributions directly influence the company's expansion. With a commitment to diversity and a hybrid working model, this role offers not only competitive benefits but also ample opportunities for professional development in a fast-paced industry.
Insight Recruitment Solutions Limited

Contact Detail:

Insight Recruitment Solutions Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reinsurance Accountant

✨Tip Number 1

Network like a pro! Reach out to people in the insurance and reinsurance sectors, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills. Since this role involves a lot of analysis and financial data, be ready to discuss your experience with Excel and modelling. We want to see how you can bring your analytical mindset to the table!

✨Tip Number 3

Showcase your adaptability! This role is in a fast-growing environment, so highlight any experiences where you've successfully navigated change or improved processes. We love candidates who can thrive in dynamic settings.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re all about making the process as smooth as possible for you, so take advantage of it!

We think you need these skills to ace Reinsurance Accountant

Reinsurance Knowledge
Insurance Operations
Financial Reporting
Data Analysis
Excel Skills
Cash Flow Modelling
Attention to Detail
Stakeholder Management
Process Improvement
Journal Entries Preparation
Bordereaux Reconciliation
Premium and Claims Reconciliation
Analytical Mindset
Professional Qualification (ACA, ACCA, CIMA)
Collaboration Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Reinsurance Accountant role. Highlight your analytical mindset and any relevant qualifications like ACA, ACCA, or CIMA to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about joining a fast-growing insurance carrier and how your background in reinsurance can contribute to our innovative team.

Showcase Your Excel Skills: Since this role involves a lot of data analysis, don’t forget to mention your strong Excel skills. If you have experience with cash flow modelling or bordereaux reconciliations, make sure to include that too!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our dynamic environment!

How to prepare for a job interview at Insight Recruitment Solutions Limited

✨Know Your Numbers

As a Reinsurance Accountant, you'll be dealing with a lot of financial data. Brush up on your knowledge of premiums, claims, and commissions. Be ready to discuss how you've processed and reconciled these transactions in the past.

✨Show Off Your Excel Skills

This role requires strong Excel and modelling skills. Prepare to demonstrate your proficiency during the interview. You might be asked to solve a problem or analyse data on the spot, so practice common functions and formulas beforehand.

✨Understand the Business

Familiarise yourself with the company's operations and their approach to specialty insurance. Research their recent projects or innovations in the industry. This will show your genuine interest and help you connect your experience to their needs.

✨Prepare for Collaboration Questions

Since this role involves working closely with underwriting and operations teams, be ready to discuss your experience collaborating with different stakeholders. Think of examples where you improved processes or contributed to team success.

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