Proportional Reinsurance Accountant - BDX & Claims in London

Proportional Reinsurance Accountant - BDX & Claims in London

London Full-Time 50000 - 65000 € / year (est.) No home office possible
Lancashire Insurance Group

At a Glance

  • Tasks: Manage reinsurance accounting, ensuring accurate booking and reporting of premiums and claims.
  • Company: Join Lancashire Insurance Group, a leader in the insurance industry based in London.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Other info: Opportunity for career growth in a reputable company.
  • Why this job: Be part of a dynamic team and enhance your skills in reinsurance accounting.
  • Qualifications: Reinsurance experience and strong numerical skills are essential.

The predicted salary is between 50000 - 65000 € per year.

Lancashire Insurance Group is looking for a Proportional Reinsurance Accountant based in London. The role involves managing the end-to-end reinsurance accounting process, ensuring accurate booking, reconciliation, and reporting of premiums and claims.

Responsibilities include:

  • Preparing BDXs
  • Supporting month-end and year-end closes
  • Providing outstanding communication with internal and external stakeholders

Ideal candidates should possess sound reinsurance experience, with relevant Lloyds experience preferred, alongside strong numerical and computer skills.

Proportional Reinsurance Accountant - BDX & Claims in London employer: Lancashire Insurance Group

At Lancashire Insurance 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 commitment to employee growth is reflected in our comprehensive training programmes and opportunities for career advancement, ensuring that our team members thrive both personally and professionally. With competitive benefits and a supportive environment, we empower our employees to make meaningful contributions while enjoying a rewarding work-life balance.

Lancashire Insurance Group

Contact Detail:

Lancashire Insurance Group Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Proportional Reinsurance Accountant - BDX & Claims in London

Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those with reinsurance experience. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss the end-to-end reinsurance accounting process and any relevant software you’ve used. We want you to shine!

Tip Number 3

Showcase your communication skills! During interviews, highlight examples where you’ve effectively communicated with stakeholders. This is key for roles like the Proportional Reinsurance Accountant, so let us see your best examples.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.

We think you need these skills to ace Proportional Reinsurance Accountant - BDX & Claims in London

Reinsurance Accounting
Premium Booking
Claims Reconciliation
Financial Reporting
BDX Preparation
Month-End Closing
Year-End Closing

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your reinsurance experience and any relevant Lloyds background. We want to see how your skills match the role, so don’t be shy about showcasing your numerical and computer skills!

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 booking, reconciliation, and reporting of premiums and claims.

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. We can’t wait to hear from you!

How to prepare for a job interview at Lancashire Insurance Group

Know Your Numbers

As a Proportional Reinsurance Accountant, you'll need to demonstrate your strong numerical skills. Brush up on key accounting principles and be ready to discuss how you've managed reinsurance accounting processes in the past. Prepare examples that showcase your ability to handle premiums and claims accurately.

Familiarise Yourself with BDXs

Since preparing BDXs is a key responsibility, make sure you understand what they are and how they fit into the reinsurance process. Be prepared to explain your experience with BDX preparation and any challenges you've faced, along with how you overcame them.

Communicate Like a Pro

Outstanding communication is crucial for this role. Think about times when you've had to liaise with internal and external stakeholders. Practice articulating these experiences clearly, focusing on how you ensured smooth communication and resolved any issues that arose.

Showcase Your Lloyds Experience

If you have relevant Lloyds experience, make it a focal point during your interview. Be ready to discuss specific projects or tasks you've handled within the Lloyds framework, highlighting how this experience makes you a great fit for the role at Lancashire Insurance Group.