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Insurance Accounting Specialist

Job Description - Insurance Accounting Specialist

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

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