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