SENIOR REINSURANCE ACCOUNTANT

We are looking for a Reinsurance Accountant to support the growth of the UK Finance function within the Monument Re Group.

The role-holder will be responsible for day to day analysis and reporting on inward reinsurance accounting and based in our London office.

Responsibilities

• To work closely with the UK and European finance teams to ensure timely and accurate reporting of internal reinsurance;
• Engage with reinsurance administration team on external reinsurance deals to ensure accounting data is appropriately recorded;
• Perform reconciliations of reinsurance data to accounts, investigating and resolving differences with stakeholders and management;
• To develop a good understanding of the Group and its businesses, to add value to the reporting process by analysing the results and assessing variances to plan;
• Actively work to improve reporting processes to provide prompt delivery of collateral and financial reporting;
• Facilitate and inform actuarial of reinsurance position and review subsequent claims/collateral calculation, reconciling back to source data where relevant;
• Engage with treasury team for settlement of collateral requirements/claims payments, reviewing SSIs and ensuring timelines set within reinsurance agreements are met; and
• Assist with the monthly, quarterly and annual reinsurance MI as required.

Location: London, UK

Closing Date: 30/05/2022