Senior Accountant - 12 Month Fixed Term Contract
Required for Leading Lloyd's market insurance business, you will work alongside a small team that's responsible for the accounting processes required to produce the underwriting results of the Syndicate and Company operations including premiums, claims, reinsurance, and acquisition costs.
Your remit will be to take responsibility for various technical accounting and control tasks related to the monthly and quarterly financial close process.
This will include the production of schedules and reconciliations associated with the close process and the operation of appropriate financial controls.
Working closely with other functions including Reserving Actuaries, Reinsurance and the wider finance team in order to assist with projects and initiatives to develop and enhance financial systems and processes.
Key Responsibilities
* Responsible for various accounting, reconciliation, control and analysis tasks related to the monthly, quarterly and annual technical financial close process. Ensures the accurate and timely completion of the close process in accordance with the group close timetable.
* Works closely with other functions and stakeholders including actuarial, underwriting, ceded reinsurance, and IT to ensure the efficient delivery of the close process. Produce and process technical insurance journal entries for premiums, claims and acquisition costs in both the General Ledger (Workday) and sub systems systems (Tandem).
* Maintain accounting reconciliations between source systems and the General Ledger.
* Desire to develop knowledge and skills around detailed premium and claims accounting processes to become a subject matter expert for Lloyd's and Company Market businesses.
* Maintain accounting reconciliations to actuarial and other source data for key accounting balances including premiums and claims.
* Produce various accounting and reporting schedules related to the financial close process * Perform and document financial controls related to the close process and ensure appropriate documentation and support is maintained.
* Review and analyse financial results to ensure accuracy of the underwriting results at an appropriate level of granularity (e.g. branch, line of business, accident year, currency). Assist in the investigation, understanding and resolution of data and accounting related issues.
The successful candidate will be an experienced Insurance accountant, ideally qualified although qualified by experience will also be considered, good knowledge of Workday would be an advantage as well as the ability to work with large data sets (Excel, SQL, Alteryx)