Reinsurance Accounting Manager
A London market (re)insurance group that is growing rapidly is looking to bolster their finance team with the hire of an ambitious Reinsurance Accounting Manager. The purpose of this role is to ensure the smooth day to day running of the Reinsurance Accounting team which includes all XLPro entries and maintenance, Reinsurance recoveries and supporting the monthly close process. The role is required to provide comprehensive review, analysis, reporting and control to support the business in all aspect of Reinsurance.
This role reports directly into the Head of Reinsurance Accounting and will provide support in identifying improvements in the quality of work product and efficiency of the Reinsurance Accounting function.
Key objectives include:
* Full responsibility of all Q/S Treaty and Facultative reinsurance premium processing and controls (XL Pro)
* Control and tracking of entity allocations on Group programs
* Full responsibility for all claims recoveries
* Coordination with the Claims department on all aspects of claims recoveries
* Provide support to the XOL/Finance Reconciliation team with the Reinsurance (Budget/Forecast/Actuals)
* Providing qualitative and variance analysis and commentary as appropriate.
* Provide support on the accurate and timely Financial Reporting on Reinsurance matters
* Manage, develop, coach, mentor, empower and support direct reports.
* Improve and review the quality, accuracy and timeliness of the controls in place to support close processes.
* Improve visibility of interdependencies within the wider Finance team to understand the end-to-end impact of issues that arise.
* Internal and external reinsurance operationalization and associated financial booking
* Support Head of Reinsurance Accounting on key reinsurance finance processes and associated controls
The ideal candidate will have significant post qualified experience (ACA/ACCA/CIMA) experience gained at a senior level in an insurer/reinsurer. If you are looking for that next step into a senior, managerial position the please get in touch for more information.