Senior Accountant (Reinsurance)
Location: GBR - London
Time Type: Full time
Posted On: Posted Yesterday
Job Requisition ID: 330874
Primary Details
Permanent (Hybrid)
At QBE, our purpose is to enable a more resilient future.
We are an international insurer and reinsurer with a local presence in 27 countries.
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.
Your New Role
Reporting to the Senior Manager (Global Process Excellence and Strategy), you'll be processing, analysing and reporting financial transactions and information. You'll also assist with general accounting, RI Finance Close processes and prepare various management reports on a monthly, quarterly and annual basis.
Main Responsibilities:
* 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 miscellaneous finance responsibilities.
About You
We would love to hear from you if you have accounting experience in reinsurance within Operations and Finance and are a qualified accountant (accounting degree or qualified accounting certification).
Other Skills You'll Need:
* Knowledge of RI Facultative and Treaty structures and how to calculate Reinsurance.
* Great communication skills and ability to build relationships and trust at all levels internally and externally.
* Advanced skills in spreadsheets, data analysis and reconciliation procedures.
* Exposure to project management, process remediation and transition states is preferred.
* Knowledgeable in Oracle, Peoplesoft or other GL systems is preferred.
* Exposure to system changes, system implementations, and database modelling is preferred.
Why QBE? At My Best
At QBE, we want our people to feel rewarded and inspired to perform at their best, which is 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.
We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner.
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.
QBE Benefits
* 30 days holiday a year with the option to buy up to 2 additional days.
* Flexible working - balancing work and life is important so our flexible working opportunities are open to all.
* Pension - you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
* Private medical insurance – we fund fully comprehensive private medical cover for you and your family.
* Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
* Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
* Sustainable investing - we believe sustainable integration is important for long-term financial, environmental, and social outcomes.
* Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper.
To find out more visit our Reward Page.
What Next?
If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the “apply” button to submit your CV and other relevant documents.
We believe this is our moment – what if it was yours too?
APPLY NOW and let’s make it happen!
Skills:
Communication, Complaint Management, Critical Thinking, Finance Strategy, Financial Data Reporting, Financial Management, Intentional Collaboration, International Financial Reporting Standards (IFRS), Managing Performance, Professional Development, Regulatory Compliance, Risk Management, Stakeholder Management, Strategic Leadership, Team Management.
How to Apply:
To submit your application, click "Apply" and follow the step-by-step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
About Us
We are an international insurer and reinsurer offering a diverse portfolio of commercial, personal and specialty products, as well as risk management solutions.
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