Insurance Accounting Specialist

About this job

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