Proportional Reinsurance Accountant – London
Proportional Reinsurance Accountant – London

Proportional Reinsurance Accountant – 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 insurance industry based in London.
  • Benefits: Permanent full-time role with competitive salary and career growth opportunities.
  • Other info: Perfect for detail-oriented individuals looking to advance their careers.
  • Why this job: Make an impact in a vital role within a dynamic and supportive 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 local events. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by brushing up on your Excel skills and reinsurance knowledge. We recommend practising common interview questions and scenarios related to accounting processes to show you're ready to own that end-to-end process.

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings at Lancashire Group and tailor your approach to highlight how you can contribute to their team.

Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the role and reinforces your interest in joining their team.

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

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

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. Share specific examples of your past work that relate to the responsibilities listed in the job description.

Be Clear and Concise: When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, so avoid jargon unless it’s relevant to the role. This will help us understand your qualifications better!

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 the role. Plus, it’s super easy to do!

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 Excel 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 of your work to showcase your capabilities.

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

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