Insurance Accounting Specialist

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

Work arrangement
No