A London market (re)insurance group is looking for an exceptional candidate for a high-profile position within their finance team. The purpose of this role is to ensure the smooth running of the Reinsurance Accounting department which includes all XLPro entries and maintenance, all associated RI general ledger (GL) accounts, RI balance sheet reconciliations, cash application, credit control for RI debtor and RI creditor balances, Reinsurance recoveries and supporting the monthly close process (including data integrity checks).
The role is required to provide comprehensive review, analysis, reporting and control to support the business in all aspect of Reinsurance. Also reporting any financial issues directly to the Group Financial Controller (GFC). The Head of Reinsurance accounting will be responsible for managing all internal and external stakeholders to the Reinsurance Department. The role will be responsible for designing and implementing a new target operating model and embedding these new work practices in a sustainable, scalable way to support the needs of our growing business. You will lead and support improvements in quality of work product and efficiency for the Reinsurance finance team and standardise processes consistent with the wider finance team.
The ideal candidate needs to be a qualified accountant (ACA, ACCA, CIMA) and will be an expert in the field of reinsurance accounting. You will require an advanced knowledge of ceded reinsurance and you'll need to be able to demonstrate strong management & leadership qualities gained in a large scale organisation.