Perm: 020 7680 7001       Temp: 020 7680 7000

Assumed Reinsurance Accountant

Finance & Accounting
£45000 - £55000 per annum
04-11-2021 12:22 PM
London, The City

An international insurance and reinsurance company with amazing offices in the heart of the City are currently looking to recruit an Assumed Reinsurance Accountant to join the finance team in their London office.

The Role:

  • Producing & analysing Weekly, Monthly & Quarterly reports as part of the close process
  • Processing accounts accurately in in within agreed month end deadlines
  • Collaborating with Claims Department on Inward Proportional treaty claims (inc event tracking)
  • Producing exceptional quality and accurate technical data, when processing the technical accounts onto the Underwriting system
  • Undertaking Technical Accounting responsibilities (including processing) for Inward Proportional & Non-Proportional treaties
  • Reviewing documents of rendered accounts, cash calls, premium and loss reserve deposits ensuring accuracy
  • Updating the system with accounting and payment information within agreed timeframes
  • Collaborate with Internal and external clients to resolve any queries or technical issues

The Person: 

  • Experience in a similar processing role within the Inward reinsurance market
  • Must be confident in using Excel at an intermediate level (Pivot tables & Vlookup formula)
  • Must have a good understanding of general insurance and reinsurance principles
  • Understanding & review profit commission/sliding scale calculations is essential
  • Strong technical skills and ability to prioritize workload to meet deadlines
  • Good understanding of Bureau systems and procedures
  • Understanding of Genius and SAP Accounting system desirable
  • Knowledge of Imageright is desirable but not essential

Our mission: To be the leading Executive Secretarial & Support recruitment consultancy in London, for employers and jobseekers alike. To receive regular updates of our current vacancies why not set up job alerts.

EQUAL OPPORTUNITIES Morgan Spencer Recruitment is committed to equal opportunities and actively seeks applications from all sectors of the community irrespective of gender, race, colour, nationality, ethnic or national origin, disability, marital status, sexual orientation, having responsibility for dependents, age, religion/beliefs, or any other reason which cannot be shown to be justified.

CONFIDENTIALITY: All applications are dealt with in strictest confidence and will be processed in accordance with the Data Protection Act 1998
Morgan Spencer Limited, registered in England & Wales No: 4254114

Register now and let's discuss your career goals. Ready, steady, GROW...


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