Senior Reinsurance Accountant

Salary icon Competitive salary
Location icon London , South East England

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Primary Details

Time Type: Full time Worker Type: Employee

Senior Reinsurance Accountant


Permanent (Hybrid)

The Opportunity

QBE Europe is looking to recruit a Senior Reinsurance Accountant to join the Global Reinsurance Finance and Operations team in our London office. In this role you will be processing, analyzing and reporting financial transactions and information. Assisting with general accounting, RI Finance Close processes and preparing various management reports on a monthly, quarterly and annual basis.

Your new role

  • Ownership of the Reinsurance Finance Close plan and reporting up to the general Finance Close Manager

  • Ownership of all Reinsurance Finance Interfaces as well as finance inputs for upstream and downstream interfaces into and out of the Reinsurance platform

  • Ownership of the Reinsurance System Chart of accounts

  • Preparation and review of the Reinsurance to GL reconciliations

  • Preparation of Subledger Reinsurance Journals including earnings

  • Preparation of all out of subledger system Reinsurance Journals (G/L journals)

  • Preparation of Reinsurance Analytical Reviews

  • Respond to all Reinsurance Audit Queries related to the RI finance processes including account reconciliations

  • Assisting with the finance responsibilities linked to the RI migration project such as conversion reconciliations, balance sheet remediation, and establishing and running the new finance close process

  • Assisting with misc. finance responsibilities

About You

  • Accounting Degree / Qualified Accounting Certification Required

  • Knowledge of RI Facultative and Treaty structures and how to calculate Reinsurance is preferred

  • Prior Reinsurance/Insurance Accounting experience in Operations and Finance is required

  • Exposure to project management, process remediation and transition states is preferred

  • Strong communication skills and ability to build relationships and trust at all levels internally and externally.

  • Knowledgeable in Oracle, Peoplesoft or other GL system is preferred

  • Exposure to System changes, System implementations, and Database modelling is preferred

  • Strong skills in spreadsheets, data analysis and reconciliation procedures

Why QBE? At My Best

At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA - because we know it’s not just what we do that matters, it’s how we do it that makes the difference.  In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.

At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation (https://careers/flex-qbe/).


Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include; 

5-star Diversity, Equity and inclusion (DEI) awards, 2023 Winner - Insurance Business Canada

Employer of the Year 2022Winner – Insurance Insider

British Claims Awards 2022 Winner - InsurTech Award 

Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year 

Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response  

Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year 

We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent

Inclusion of Diversity

We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in.

We know that diversity of thought, background and experience enables better decision making, improves the quality of our delivery and helps us to meet the needs of our customers. 

ESG & Sustainability

At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future.  Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce and partnering for growth through innovative, sustainable and impactful solutions. For further information regarding QBE’s sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative ‘Premiums4Good’, please visit our Sustainability homepage and read our latest Sustainability Report (Link).

Reference: 52610697

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