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Taylor James Resourcing
Reinsurance Accounting TechnicianTaylor James Resourcing • Greater London, England, GB
Reinsurance Accounting Technician

Reinsurance Accounting Technician

Taylor James Resourcing • Greater London, England, GB
30+ days ago
Job type
  • Permanent
Job description

Reinsurance Accounting Technician

Salary: £40,000 – £50,000 per annum

Position Type: Permanent

Location: London

Employer

Our client is a leading Lloyd’s and company underwriters with excellent market reputation and a dynamic but friendly and inclusive working environment combined with a generous benefits package.

Overview

They are now looking for an experienced Reinsurance Accounting Technician to join their City of London operation.

Responsibilities

  • Ensure reinsurance premium and settlement payments are made within contractual obligations.
  • Liaise with both internal and external stakeholders to ensure all payments are made on time.
  • Review and authorise payments, ensuring they align with transactions created in the system.
  • Confirm the necessary authority has been received for reinsurance settlements per approved authorities.
  • Manage all reinsurance transactions initiating settlement and receipt with third parties.
  • Accurately allocate settlements/receipts to reinsurer level within databases.
  • Effectively manage intercompany balances ensuring prompt transfer of funds.
  • Clear unmatched balances and keep amounts to a minimum.
  • Produce regular reinsurance aged debt reports showing unsettled ceded financials at Group and Entity levels by reinsurer.
  • Produce weekly ceded financial summaries of unsettled due payments.
  • Produce regular summary of upcoming payments for treasury's benefit to arrange available funds.
  • Assist with development and testing of software tools through liaison with Business Analytics team.

Qualifications

Our client is looking for an experienced Reinsurance Accounting Technician.

Contact

Ref: BT99

Email: brian@taylorjamesresourcing.com

Date: 3 Dec 2025

Sector: INSURANCE

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Reinsurance Accounting Technician • Greater London, England, GB

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