Similar Jobs
Senior Technical Reinsurance Accountant
Location: London
Contract Type: Permanent
Work Pattern: Full Time and Hybrid
We are looking for a Senior Technical Reinsurance Accountant to support the Finance Operations team in delivering and maintaining the financial results and operations of the MS Amlin Syndicate 2001. This role is a key part of the broader syndicate finance team who are responsible for maintaining accurate financial reporting, internal controls and regulatory compliance while supporting the financial decision-making process.
It is an exciting time to join the finance team at MS Amlin, following the appointment of a new CFO in 2024 and a new Head of Finance, Operations, Transformation and Controls Governance in 2025, the team is undergoing a transformation project to ensure a fit for purpose working day timetable. As a result, members of the finance team can drive acceleration in the working day timetable, recommend key controls over the accuracy and completeness of the syndicate accounts as well implement financial insights to explain the result to internal and external stakeholders.
About The Job
While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:
Ownership and Responsibility for all Outwards Reinsurance transactions in the financial result, including:
Intermediate understanding of and responsibility for reconciliations and control of automated outwards reinsurance transactions in the ledger
Ownership of manual processing for ‘non-standard’ outwards reinsurance contracts
Responsibility for intra-group reinsurance submissions, including being first point-of-contact for intercompany partners
Responsibility for reinsurance bad debt calculations and key inputs into reinsurance recoverable reporting, such as QMA form 710
First point-of-contact for auditors for outwards reinsurance
Responsibility for analysing and producing commentary on the outwards reinsurance result
Responsibility and first point-of-contact for any downstream reporting (including Lloyd’s Regulatory and Head Office) and external queries relating to outwards reinsurance
Secondary responsibility for inwards insurance and reserving transactions
You’re going to enjoy this job if you also:
Have an eye for detail
Are a strong problem solver
Can explain complex data in simple terms
Embrace change and continuous improvement
Enjoy a collaborative working environment
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
Accounting Qualifications
Strong Excel skill
Strong understanding of Insurance accounting
Ideally Lloyd’s Market experience
Ideally experience with Oracle general leger
Good communication skills
Strong controls and reconciliations experience
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
- Competitive Base Salary
- Performance Related Discretionary Bonus
- Holiday: 28 days core annual leave, and you can buy up to 5 days
- Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
- Private Medical: cover for yourself. Family members/dependants can be added.
- Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
- Life Assurance: 5 x annualised base salary
- Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
- Continuous Learning Approach: Including study support with professional qualifications.
- Carers Leave: 5 days full pay.
- Employer Supported Volunteering: 3 days volunteering leave - full pay.
- Bank Holidays: To support the diverse backgrounds and beliefs of our team, we offer employees the flexibility to exchange bank holidays for alternative dates that better reflect their personal, cultural, or religious preferences.
- Annual health screening
- Give as you earn
- Cycle to work
- Season ticket loan
- Green car scheme
- Retail discount platform
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd’s, Continental European, US and Bermudian global (re)insurance markets.
This role is in our Lloyd’s business
Our Lloyd’s business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London’s (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd’s Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
