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Re/Insurance Accountant

Insight Recruitment Solutions Limited

Re/Insurance Accountant

Our client are looking for an accounting professional to support both insurance and reinsurance operations for a growing insurance group. Acting as the link between operational teams and underwriting data, you'll ensure accurate financial recording, reporting, and reconciliation, enabling informed decision-making, regulatory compliance, and business growth.

Key Responsibilities

  • Process and reconcile direct insurance and reinsurance transactions (premiums, claims, commissions, profit shares).
  • Prepare journal entries and reconcile bordereaux from MGAs/MGUs and reinsurers.
  • Assist with premium/claims reconciliations and reinsurance recoveries.
  • Support monthly/quarterly reporting, regulatory submissions, and cash flow modelling.
  • Preparing monthly/quarterly insurance and reinsurance reports
  • Maintain process documentation and support finance process improvements.
  • Collaborate with underwriting and operations teams on accounting matters.

Requirements

  • Professional accounting qualification (ACA, ACCA, CIMA)
  • Strong insurance accounting experience, ideally across both direct and reinsurance business.
  • Solid reconciliation and financial reporting skills.
  • Proficiency in accounting systems (Oracle NetSuite desirable) and advanced Excel skills.
  • Understanding of bordereaux, MGAs/MGUs, and reinsurance structures.
  • Strong communication skills and ability to work cross-functionally.

An excellent time to join this growing insurance business.

**our client is committed to diversity in all of it's forms and operates an inclusive recruitment process. They offer a hybrid working environment**

To apply for this job please visit www.reed.co.uk.

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