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Insurance Accounting Specialist

G MASS Consulting London, United Kingdom
Posted 3 days ago Permanent Competitive

Insurance Accounting Specialist

G MASS Consulting London, United Kingdom

We are looking for an experienced Insurance Accountant to join a Lloyd’s of London insurer. This role will focus on underwriting and insurance accounting activities, supporting financial reporting, reconciliations, and regulatory processes within a complex London Market environment.

This is an excellent opportunity for a finance professional with London Market insurance accounting experience seeking a role within a highly respected insurer.

Key Responsibilities
  • Maintain underwriting pool ledgers and related reconciliations
  • Prepare premium and claims bordereaux and quarterly reporting outputs
  • Post journals and reconcile to policy administration systems and expenses
  • Perform balance sheet and ledger reconciliations, resolving discrepancies
  • Process premium receipts and claims payments, investigating variances with underwriting teams
  • Manage multi-currency transactions and reconciliations
  • Oversee debt collection and reinsurer settlements
  • Prepare and issue statements to reinsuring pools
  • Agree and settle bordereaux and resolve broker queries
  • Support external reviews and coverholder audits
  • Continual development of reporting solutions
  • Assist in maintaining relationship with third party providers

Requirements

  • Insurance accounting experience within the Lloyd’s/London Market
  • Strong underwriting/insurance accounting experience
  • Experience with bordereaux, reconciliations, and multi-currency transactions
  • Strong analytical and problem-solving skills
  • Ability to work independently and manage deadlines

Benefits

Permanent Contract

Competitive Salary

2 days per week in the office

Job ID  A956545B49
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