Reinsurance Accountant handling ceded financial accounting and reporting for Hamilton's UK, US, and Ireland operations. Collaborating with various stakeholders and supporting key financial processes.
Responsibilities
Review of ceded written premium calculations from the reinsurance admin system (SICS Cede) and oversight of the ceded data within the data warehouse
Transformation of reinsurance data used for accounting and reporting purposes
Processing and oversight of ceded premium and loss journals
Preparation of general ledger reconciliations for ceded reinsurance technical accounts
Calculation and reporting of all net QS and intercompany (cross platform’) reinsurance arrangements
Assist with queries from key stakeholders including FP&A, Finance, Actuarial, Audit
Support the presentation of quarterly ceded premium output to management
Support the provision of ceded data to the actuarial function and any ceded IBNR reporting requirements
Work with the wider Ceded Reinsurance team to ensure all policies, processes and procedures are appropriately developed and maintained
Requirements
Experience in insurance technical accounting and industry experience, with a preference for reinsurance experience specifically
Accounting qualification
Excellent communication skills
Strong IT literacy including SUN, Word, advanced Excel with ability to handle large data sets
Experience with data warehouse structures preferred
Data reconciliation experience
Strong analytical skills and good understanding of books of accounts/profit centre
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