Reinsurance Accountant

Discipline: Finance & Strategy
Job type: Permanent
Contact email: sonny@weareedenbrook.com
Job ref: J5539
Published: 4 days ago
We are seeking a proactive and detail-oriented Reinsurance Accountant to join a dynamic and fast-growing Lloyd’s Syndicate. This role will support all aspects of ceded financial accounting and reporting across multiple entities, ensuring the completeness, accuracy, and timeliness of reinsurance data, reporting, and control processes. Key Responsibilities: • Review ceded premium and loss data, ensuring completeness and accuracy within reinsurance systems and data warehouses • Oversee and process ceded premium and loss journals, ensuring appropriate accounting treatment and reconciliations • Prepare general ledger reconciliations for ceded reinsurance technical accounts, including balance sheet reconciliations • Calculate and report on net quota share and intercompany reinsurance arrangements • Support quarterly management reporting and presentations of ceded premium outputs • Provide data and insights to key stakeholders including Finance, FP&A, Actuarial, and Audit • Contribute to the preparation of ceded financial information for Lloyd’s, Solvency II, and other regulatory returns • Maintain and enhance processes and controls to ensure compliance with SOX, Solvency II, and best practice standards • Assist in system development initiatives to improve data quality, accuracy, and timeliness • Provide supporting documentation and schedules for both internal and external audit processes Skills & Experience: • Strong technical accounting experience within the insurance or reinsurance sector • Qualified or part-qualified accountant (ACA, ACCA, CIMA, or equivalent) • Excellent analytical and data reconciliation skills • Advanced Excel skills and familiarity with general ledger and data warehouse systems (e.g. SUN, SICS Cede) • Strong communication and stakeholder management skills • Experience working in geographically dispersed teams and complex organisational structures • High attention to detail with the ability to work accurately to tight deadlines • Knowledge of Lloyd’s and Solvency II reporting requirements (desirable)