Overview 

To take responsibility for reinsurance accounting for the Syndicate and ensure that the RI system and general ledger are consistent and reconciled.

 

Key Responsibilities
  • Perform a reconciliation between XL Pro and Tandem (monthly) and SUN (quarterly).
  • Identify and validate all reconciling items.
  • Suggest improvements to RI processing to reduce and, where possible, eliminate reconciling items.
  • Ensure that any reconciling items relating to the opening RITC position are resolved in the relevant systems and thus eliminated from future reconciliations.
  • Reconcile RI aged debt and other reports produced by the RI team to finance records.
  • Produce QMA 710 and RI elements of QMA 810 forms quarterly, with assistance from the RI team
  • Produce group reporting equivalent QMA 710 quarterly.
  • Assist with other RI accounting issues as they arise.

 

Skills & experience profile
  • Accounting or audit background (not necessarily qualified) with strong technical reinsurance skills.
  • Lloyd’s experience preferred.
  • XL Pro experience highly desirable.
  • Able to work independently.
  • Effective communicator both within and outside finance.

 

Company’s values
  • Bold “We are ambitious and passionate about our future.”
  • Expert “We use our specialisms and expertise to get things done.”
  • Innovative “We embrace change and continually seek to improve the way we do business.”
  • Accountable “We are outcome focused and deliver on promises.”
  • Honourable “We act with integrity and aim to do the right thing.”
  • Inclusive “We encourage participation and value all contributions.”

 

 

Galejay and all its clients are inclusive employers and prides itself on the main values of honesty and integrity. If you have these qualities and wish to apply, please send your CV to Gary Forster Managing Director, at gforster@galejay-recruitment.com