Proportional Reinsurance Accountant – London
Proportional Reinsurance Accountant – London

Proportional Reinsurance Accountant – London

London Full-Time 50000 - 60000 £ / year (est.) No home office possible
Lancashire Group

At a Glance

  • Tasks: Own the reinsurance accounting process, ensuring accuracy in bookings and reporting.
  • Company: Join Lancashire Group, a leader in the reinsurance industry based in London.
  • Benefits: Permanent role with competitive salary and opportunities for career growth.
  • Other info: Full-time position with a focus on professional development.
  • Why this job: Make an impact in a vital financial role within a dynamic team.
  • Qualifications: Strong reinsurance background and Excel proficiency required.

The predicted salary is between 50000 - 60000 £ per year.

Lancashire Group seeks a Group Proportional Reinsurance Accounting Technician for our London office. The successful candidate will own the end-to-end proportional reinsurance accounting process, ensuring accurate booking, reconciliation, and reporting of premium and claim movements.

Responsibilities include:

  • Supporting month-end and year-end close processes
  • Managing credit control issues
  • Various reinsurance accounting tasks

A strong background in reinsurance and proficiency in Excel are essential, along with time management skills. This is a permanent, full-time role.

Proportional Reinsurance Accountant – London employer: Lancashire Group

At Lancashire Group, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that values work-life balance, making it an ideal place for those seeking a meaningful career in reinsurance accounting.
Lancashire Group

Contact Detail:

Lancashire Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Proportional Reinsurance Accountant – London

Tip Number 1

Network like a pro! Reach out to folks in the reinsurance industry on LinkedIn or at events. A friendly chat can open doors that a CV just can't.

Tip Number 2

Prepare for interviews by brushing up on your Excel skills and reinsurance knowledge. We want you to shine when discussing how you can manage the end-to-end accounting process!

Tip Number 3

Don’t just apply anywhere; focus on companies that excite you, like Lancashire Group. Use our website to find roles that match your skills and interests.

Tip Number 4

Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. We love seeing candidates who are keen!

We think you need these skills to ace Proportional Reinsurance Accountant – London

Proportional Reinsurance Accounting
Excel Proficiency
End-to-End Accounting Process Management
Booking and Reconciliation
Reporting of Premium and Claim Movements
Month-End and Year-End Close Processes
Credit Control Management
Time Management Skills
Reinsurance Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in reinsurance accounting. We want to see how your skills match the job description, so don’t be shy about showcasing your proficiency in Excel and any relevant achievements.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Proportional Reinsurance Accountant role. We love seeing enthusiasm and a clear understanding of the responsibilities involved.

Be Clear and Concise: When filling out your application, keep your language straightforward and to the point. We appreciate clarity, especially when it comes to your experience with month-end and year-end processes.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Lancashire Group

Know Your Reinsurance Inside Out

Make sure you brush up on your reinsurance knowledge before the interview. Understand the end-to-end accounting process, and be ready to discuss how you’ve managed premium and claim movements in previous roles. This will show that you’re not just familiar with the terminology but can apply it practically.

Excel Skills Are Key

Since proficiency in Excel is essential for this role, we recommend practising your skills ahead of time. Be prepared to demonstrate your ability to use formulas, pivot tables, and data analysis techniques. You might even want to bring a sample spreadsheet to showcase your expertise.

Time Management Matters

As the role involves supporting month-end and year-end close processes, highlight your time management skills during the interview. Share specific examples of how you’ve successfully managed tight deadlines in the past, and discuss any tools or methods you use to stay organised.

Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities, especially regarding credit control issues. Think of situations where you’ve had to resolve discrepancies or improve processes, and be ready to explain your thought process and the outcomes.

Proportional Reinsurance Accountant – London
Lancashire Group
Location: London

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