Job Description
Senior Technical Insurance Accountant Location: LondonContract Type: PermanentWork Pattern: Full Time and HybridMS AUL appointed a new CFO earlier in 2024 and the role of the Finance function in the context of the wider organisation is changing. Finance is aligning to support a number of key strategic objectives across MS Amlin with 2024 and 2025 being important years where we embed a number of significant changes that will see us report IFRS17 results and accelerate the financial close.It's an exciting time to be part of the MS Amlin Finance team right now. We're looking for an accountant with strong insurance and accounting experience, lots of energy, keen to make a difference and play an important role in building an efficient Finance function.About The JobWhile there is rarely a typical day, here’s a snapshot of some of the key parts of the job: Ownership and Responsibility for all Inwards Insurance transactions in the financial result, including:Intermediate understanding of and responsibility for reconciliations and control of automated insurance transactions in the ledgerOwnership of any manual processing required related to inwards insurance transactionsResponsibility for technical intercompany reconciliations with service companies, including being first point-of-contact for intercompany partnersIntermediate understanding of and responsibility for reconciliations and control of automated reserving (e.g. IBNR) transactions in the ledgerFirst point-of-contact for auditors for inwards insurance and reservingResponsibility for analysing and producing commentary on the inwards insurance resultResponsibility and first point-of-contact for any downstream reporting (including Lloyd’s Regulatory and Head Office) and external queries relating to inwards insurance and reserving transactionsSecondary responsibility for outwards reinsurance and intercompany transactionsYou’re going to enjoy this job if you also:Have an eye for detailAre a strong problem solverCan explain complex data in simple termsEmbrace change and continuous improvementEnjoy a collaborative working environmentWhat you’ll need:For this particular role there are some important qualifications and experience we need you to have. These include:Accounting QualificationsStrong Excel skillStrong understanding of Insurance accountingIdeally Lloyd’s Market experienceIdeally experience with Oracle general legerGood communication skillsStrong controls and reconciliations experienceWe 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 SalaryPerformance Related Discretionary BonusHoliday: 28 days core annual leave, and you can buy up to 5 daysPension: 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: 10 x annualised base salaryEnhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1. Continuous Learning Approach: Including study support with professional qualifications.Employer Supported Volunteering: 3 days volunteering leave.Annual health screening Give as you earnCycle to workSeason ticket loanGreen car scheme Retail discount platform About MS AmlinMS 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 businessOur 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.