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    Reinsurance Finance Operations Specialist - Glasgow, United Kingdom - Accelerant

    Accelerant
    Accelerant Glasgow, United Kingdom

    5 days ago

    Default job background
    Insurance
    Description

    Reinsurance Finance Operations Specialist

    Company Overview: Accelerant Re is a globally recognized leader in reinsurance solutions, dedicated to mitigating risk and enhancing stability for our clients worldwide. Our Reinsurance Finance Operations team plays a pivotal role in maintaining accurate financial records and reporting for our reinsurance activities.

    Position Summary: We are seeking an experienced Reinsurance Finance Operations Specialist. This role is crucial in producing reinsurer reporting and reinsurance statements, ensuring the accurate reflection of reinsurance transactions in our financial records. The ideal candidate will have a comprehensive understanding of reinsurance operations, finance, and reporting, coupled with the ability to adapt and thrive in a dynamic environment.

    Key Responsibilities:

    • Produce accurate and timely reinsurer reporting and reinsurance statements, ensuring compliance with contractual and regulatory requirements.
    • Manage and oversee the reconciliation process for reinsurance transactions, including premiums, claims, and commissions.
    • Collaborate with the Reinsurance Operations team to ensure seamless data flow and accurate financial recording of ceded transactions.
    • Assist in the development and implementation of operational procedures and best practices within the reinsurance finance function.
    • Contribute to the continuous improvement of reporting processes and systems, enhancing efficiency and accuracy.
    • Act as a subject matter expert within the finance team, providing guidance and support on reinsurance accounting and reporting issues.

    Qualifications and Experience:

    • Proven experience in reinsurance finance operations, with a strong emphasis on reporting and statement production.
    • Comprehensive understanding of reinsurance contracts, accounting practices, and regulatory reporting requirements.
    • Strong analytical and problem-solving skills, with a meticulous attention to detail.
    • Excellent communication and interpersonal skills, capable of working collaboratively across departments and with external partners.
    • Proficiency in financial systems and tools, with the ability to adapt to new technologies.
    • A professional finance or accounting qualification (e.g., CA, CPA) is highly desirable.

    Enjoy our comprehensive benefits package designed to meet your diverse needs and support your well-being:

    Work-life balance: We believe that taking time to rest and recharge makes us all better. That's why we offer flexible time off and encourage our team to take the time they need to prioritize their health and well-being.

    Health and wellness: We offer high-quality health, dental, and other benefits to ensure our team members have access to the care they need.

    Remote work: Work where you're most productive and fulfilled. This position is open to remote candidates across the U.S. Canada, and UK, who have the flexibility to work with our teams distributed across Europe and North America. Most cross-team collaboration happens in the mornings of the Eastern Time Zone.

    Travel: We value face-to-face connections and believe that in-person interactions can enhance collaboration and build stronger relationships. Travel could be a small part of your role, with opportunities to connect with your team and our members in person.

    About Accelerant:

    Accelerant is a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers. Accelerant was founded in 2018 by a group of longtime insurance industry executives and technology experts who shared a vision of rebuilding the way risk is exchanged – so that it works better, for everyone. The Accelerant risk exchange does business across more than 20 different countries and 250 specialty products, and we are proud that our insurers have been awarded an AM Best A- (Excellent) rating. For more information, please visit

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