Reinsurance Accountant

Your Growth Unleashed
Where your journey begins and your potential shines
 
At Synpulse, we don’t just consult – we transform. As a leading global management and technology consultancy with Swiss roots, we empower financial institutions to navigate change and seize new opportunities. Since 1996, we've been shaping the future of financial services by delivering cutting-edge expertise in strategy, operations, and technology to banks and insurers worldwide.
 
What sets us apart is our people. At Synpulse, we cultivate a collaborative, high-impact culture where initiative and creativity are valued. With 21 offices across Europe, the Americas, and Asia-Pacific, we bring together diverse perspectives and talents. We believe innovation thrives where everyone feels they belong and can contribute.
 
Our core values – Embrace, Drive, Achieve – shape how we work and evolve. We don’t just offer jobs – we offer the chance to develop, make an impact, and be part of a team that’s redefining the future of financial services.
This position is part of Synpulse’s Centre of Excellence (CoE) and sits within newly established Reinsurance Operations Team, supporting a UK-based specialist (Re) Insurance client. The role works closely with the CoE Reinsurance Operations Manager and offers the opportunity to work in a collaborative, international environment.
The successful candidate will contribute to gross-to-net close processes, support regulatory reporting and management information activities, and build hands-on experience across key areas of reinsurance accounting and operations.
We are looking for motivated early-career professionals who are eager to learn, grow and build a long-term career in reinsurance accounting and operations.
Key Responsibilities 
Month-end close core responsibilities

• Manage the month end process, ensuring  accurate and timely gross and net close data
• Assist in the month end close process for  our US business
• Analyse output from month end process and  reinsurance related regulatory returns, and highlight material issues to  the Reinsurance Reporting Manager 
• Communicating with stakeholders and  managing expectations effectively

Regulatory Returns

• To assist with relevant client regulatory  returns and Solvency II, Lloyd Insurance Market and the client’s group  returns, ensuring accuracy and timely submission
• Assist with US business regulatory return  Reinsurance requirements

Business Analytics and Intelligence

• Assist the Ceded Reinsurance and  underwriting teams in their business analysis
• Assist in the build of the reinsurance  spend model and production of reporting
• Stakeholder Management
• Key point of contact for finance & actuarial teams
• Communicating with client stakeholders and  managing expectations effectively

Controls & Audit

• Undertake frequent reconciliation  exercises as part of the quarter close process
• Work alongside the client Reinsurance  Reporting Manager to support the half year and full year external audit process
• Assist the Ceded Reinsurance and  underwriting teams in implementing appropriate processes and controls to manage their business
• Develop new reports as requested by  stakeholders
• Develop, document and operate controls to  ensure data is as accurate as possible

General Tasks

• Develop new procedures and processes in  line with the evolving business requirements
• Undertake any other reasonable duties as  may be requested by the client Reinsurance Reporting Manager in the  provision of the service
• Comply with relevant Client and Synpulse  procedures and policies

What we offer (strong focus on support & growth)

• Structured onboarding and training in reinsurance operations and accounting processes
• Ongoing mentoring and coaching from senior  team members, learning from experienced reinsurance professionals in a  supportive environment
• Opportunity to build expertise in London  Market practices
• Exposure to modern tools, systems, and  evolving processes
• A team culture that encourages learning,  questions, and development

 
Personality requirements and skills

• 3-6 years of experience in  insurance/reinsurance or a similar finance role including of experience in  completing reinsurance regulatory returns (ideally within a multi-entity environment)
• Several years’ technical reinsurance  reporting experience, (ideally within a multi-entity syndicate)
• Extensive experience, knowledge and  understanding of the reinsurance industry
• Bachelor’s degree in finance, accounting, economics or related field (or qualified by experience)
• Strong English language skills (C1 or above)

Your strengths

• Very reliable, with close attention to  detail and ability to manage time effectively and prioritize
• Curious and open to learn about  reinsurance and financial processes
• Well organized detail-oriented with strong  organizational skills
• Comfortable working with data and  developing analytical thinking and technical skills, adapting to current      technologies
• Good communicator, able to collaborate  with different stakeholders and build relationship with clients, partners, internal teams
• Proactive mindset and willingness to take initiative with support
• Demonstrable analytical skills(preferably in an insurance environment)
• Strong problem-solving skills
• Outcome focused, self-motivated, flexible and enthusiastic
• Professional approach to successfully interact with managers/colleagues/external suppliers
• Adaptability (e.g. ability to embrace and work with new systems if needed)

Requirements

• Several years’ experience of completing  reinsurance regulatory returns and reinsurance reporting (preferably  within a multi-entity syndicate)
• Experience of dealing with external auditors
• Solid experience, knowledge and  understanding of the reinsurance industry
• Evidence of Analytical skills, preferably  in an insurance environment
• Evidence of data literacy skills, including advanced Excel and ability to deal with large data volumes

Nice to have

• Knowledge of Power BI 
• Access database / SQL 
• Professional finance certification (e.g. ACMA, ACCA)
• Knowledge of Ceded Reinsurance processes
• Exposure to the London Insurance Market

Why us

• Attractive performance bonus based on project performance up to 10%, rewarding great project results
• 5 additional vacation days on top of the statutory entitlement, giving you extra time to rest and recharge
• 3 paid sick days per year, ensuring peace  of mind when you need rest
• Sick leave compensation 100%from day 1,  supporting your well-being without financial worry
• MultiSport card for access to a broad  range sport offering, granting access to a wide variety of sports and      wellness activities
• Cafeteria benefit system with a flexible  allowance of 500 EUR per year for education, health benefits, shopping,  travel, cultural activities, and sports options
• Work-life balance options with flexible hours and home-office opportunities
• Contribution to the third pension  pillar, helping you invest in your future
• Dedicated time for individual  training with our own Academy and external certifications to grow  your skills
• Company-sponsored breakfasts and lunches,  sharing good food with great colleagues
• A friendly, informal work environment  where you can truly feel part of the team

Salary range offered starts at 2300 EUR, may vary based on your seniority level, skills and experience.
Ready to go further? Let’s unleash your growth — together
Job requirements