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, developmental opportunities, and a dynamic work environment.
- Other info: Inclusive recruitment process with a commitment to diversity.
- Why this job: Join a pivotal role that directly impacts company growth and innovation.
- Qualifications: Strong background in reinsurance, analytical mindset, and professional qualifications preferred.
The predicted salary is between 60750 - 74250 £ 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 in London employer: Insight Recruitment
Join our dynamic team as a Recruitment Operations Assistant in the vibrant Ancoats area, where you'll thrive in a supportive environment that values your contributions from day one. With a competitive salary, a £1,000 annual personal development fund, and opportunities for progression into various roles, we prioritise your growth while fostering a culture of collaboration and innovation. Enjoy modern office perks like barista coffee and regular team events, making this not just a job, but a rewarding career experience.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Accountant in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Insight Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Insight Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Reinsurance Accountant in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Insight Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Insight Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Insight Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Insight Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Insight Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Insight Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
