Insurance Accountant

Reposted 18 Days Ago
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Mid level
Insurance • Professional Services • Consulting • Financial Services
The Role
The Insurance Accountant will manage underwriting ledgers, prepare reports, reconcile accounts, process transactions, and support audits within the Lloyd's of London insurance market.
Summary Generated by Built In

We are looking for an experienced Part-Time Insurance Accountant (3 days per week) 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 flexible part-time 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 in a part-time capacity

Benefits

Part-time salary: up to £50k for 3 days work per week

Skills Required

  • 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 in a part-time capacity
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The Company

What We Do

G MASS is a specialist resource augmentation consultancy focused on Financial Services & Insurance, partnering with clients to augment their teams with the exact skills needed for success.

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