Technical Accounts Analyst

Technical Accounts Analyst

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage technical accounting functions and ensure accurate reporting for Sirius Syndicate 1945.
  • Company: SiriusPoint is a global leader in insurance and reinsurance, listed on the NYSE.
  • Benefits: Enjoy hybrid working, a collaborative culture, and opportunities for personal growth.
  • Why this job: Join a diverse team where your expertise makes a real impact in a supportive environment.
  • Qualifications: 2-5 years in accounting/financial operations, preferably in (re)insurance; strong analytical skills required.
  • Other info: Be part of a company that values integrity, diversity, and collaboration.

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

Location: London

Reporting to: Head of Reinsurance Technical Accounting

Direct Reports: None

Working Arrangements: 35 hours per week, Hybrid

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance. We have underwriting hubs in Bermuda, Liege, London, New York, Stockholm and Zurich, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

Join Our Team

Reporting to the Insurance Accounting Manager, the Technical Accounts Analyst is responsible for the technical accounting functions of Sirius Syndicate 1945 using practices, which are in accordance with established processes and procedures as appropriate. Through timely and accurate application of the accounting processes, the Technical Accounts Analyst will ensure the completeness and accuracy of the technical accounts of the Sirius International Managing Agency (SIMA) and the Sirius Syndicate 1945.

Key Responsibilities:

  • Process payments and allocate settlements onto the underwriting system to maintain accurate debtor information
  • Monitor the underwriters estimates against amounts booked/received
  • Assist the underwriting and claims teams with the resolution of queries as required
  • Reconciliation of Lloyds/UK Branch Outwards reinsurance settlements
  • Investigate issues arising in the technical accounting process and recommend solutions
  • Assist in the collation of audit information as required
  • Monitor aged debt, take appropriate action and prepare reports for management
  • Participate in the testing of process changes in the underwriting system under the guidance of the IT department
  • Produce weekly technical accounts control reports and perform appropriate review processes

Technical Skills & Experience:

  • 2-5 years of accounting and/or financial operations in (re)insurance
  • Experience from the insurance and reinsurance sector is a merit as well as working in a global operation
  • Oral and written proficiency in English
  • Analytical mindset with problem-solving skills
  • Excellent communication and interpersonal skills
  • Ability to work to tight timescales and meet strict business deadlines
  • Good Microsoft Office knowledge, intermediate Excel, Word, Outlook etc.
  • Ability to take responsibility, work proactively and continuously improve activities in complex, quickly transforming environments

Why should you join SiriusPoint?

Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We Achieve More Together

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles and contributions of the diverse global employee base that make up our business. We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.

Technical Accounts Analyst employer: SiriusPoint Ltd.

SiriusPoint is an exceptional employer located in London, offering a dynamic and collaborative work environment where employees are empowered to leverage their expertise from day one. With a strong commitment to diversity, inclusion, and professional growth, the company fosters a culture that values unique contributions and encourages continuous improvement, making it an ideal place for those seeking meaningful and rewarding careers in the insurance and reinsurance sector.
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Contact Detail:

SiriusPoint Ltd. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Technical Accounts Analyst

✨Tip Number 1

Familiarise yourself with the specific technical accounting practices used in the insurance and reinsurance sectors. Understanding these processes will not only help you during interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the insurance and reinsurance industry, especially those who work in technical accounting. Engaging with them on platforms like LinkedIn can provide insights into the role and may even lead to referrals.

✨Tip Number 3

Brush up on your Excel skills, particularly in areas like data analysis and reporting. Since the role requires producing control reports, being proficient in Excel will set you apart from other candidates.

✨Tip Number 4

Prepare for potential interview questions by reviewing common challenges faced in technical accounting within the insurance sector. Being able to discuss how you would approach these issues will showcase your analytical mindset and problem-solving skills.

We think you need these skills to ace Technical Accounts Analyst

Technical Accounting
Reinsurance Knowledge
Financial Operations
Analytical Skills
Problem-Solving Skills
Communication Skills
Interpersonal Skills
Time Management
Microsoft Excel (Intermediate)
Microsoft Word
Microsoft Outlook
Attention to Detail
Report Preparation
Process Improvement
Audit Information Collation

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to understand the key responsibilities and required skills for the Technical Accounts Analyst position. Tailor your application to highlight how your experience aligns with these requirements.

Highlight Relevant Experience: Emphasise your 2-5 years of accounting or financial operations experience, particularly in the (re)insurance sector. Use specific examples from your past roles that demonstrate your analytical mindset and problem-solving skills.

Showcase Technical Skills: Mention your proficiency in Microsoft Office, especially Excel, as well as any relevant software you have used in previous roles. Provide examples of how you've used these tools to improve processes or solve problems.

Craft a Strong Cover Letter: Write a compelling cover letter that reflects your understanding of SiriusPoint's values, such as integrity and collaboration. Explain why you are passionate about joining their team and how you can contribute to their goals.

How to prepare for a job interview at SiriusPoint Ltd.

✨Understand the Technical Accounting Landscape

Familiarise yourself with the key responsibilities of a Technical Accounts Analyst, especially in the context of insurance and reinsurance. Be prepared to discuss your experience with accounting processes and how they relate to the specific tasks mentioned in the job description.

✨Showcase Your Analytical Skills

Highlight your analytical mindset and problem-solving abilities during the interview. Prepare examples from your past experiences where you successfully resolved issues or improved processes, particularly in financial operations.

✨Demonstrate Communication Proficiency

Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly. Be ready to explain complex accounting concepts in simple terms, as you may need to collaborate with underwriters and claims teams.

✨Emphasise Your Adaptability

SiriusPoint values individuals who can thrive in quickly transforming environments. Share instances where you've adapted to change or taken initiative in your previous roles, showcasing your proactive approach to work.

Technical Accounts Analyst
SiriusPoint Ltd.
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