Underwriting Accountant (FTC)

Brit Ltd; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A prominent risk services firm in London seeks an Underwriting Accountant to produce and analyze underwriting information. This role entails delivering financial data reports, owning P&L values, and implementing process improvements. Candidates should have experience in financial analysis, knowledge of GAAP and Solvency II, and strong collaboration skills.

Qualifications

• Proven experience in financial analysis and reporting.
• Knowledge of GAAP and Solvency II frameworks.
• Ability to collaborate with different business teams.

Responsibilities

• Analyze GAAP and Solvency II underwriting information.
• Produce reports for key stakeholders.
• Deliver monthly commentary on underwriting results.
• Implement automation and efficiency improvements.
• Support maintenance of the Annual Accounting Model.

Skills

Financial analysis

GAAP knowledge

Solvency II familiarity

Reporting skills

Process improvement

Cross-team collaboration

Job description

Overview

Job Details: Underwriting Accountant (FTC)

Vacancy Name: Vacancy Name Underwriting Accountant (FTC)

Employment Type: Fixed Term

Location: London

What you’ll be doing

• You’ll produce and analyse GAAP and Solvency II underwriting information using our Annual Accounting Model, turning detailed data into clear insight that supports decisions across the business. Working with Business Partnering, Brit Re Finance and FP&A, you will deliver actuals, plans and forecasts at entity and Strategic Business Unit level, and provide the analysis that helps the business progress with confidence.
• You’ll provide regular reporting to key stakeholders so they receive complete, accurate and timely annually accounted financial data and analytics for monthly and quarterly deliverables. This will include actual, forecast and plan information together with SII and Economic Balance Sheet technical provisions. You will also deliver underwriting results for inclusion in regulatory returns and rating agency submissions.
• You’ll take ownership of underwriting values in the P&L for the Syndicate and for our Bermudan based reinsurer and you will produce clear monthly commentary on those results. You’ll work across teams to develop, reconcile and improve the inputs that feed underwriting accounting processes so that information flows smoothly and stands up to scrutiny.
• You’ll identify and implement automation and efficiency improvements across the Annual Accounting Model and downstream reporting. You will play an active part in the financial controls framework by performing regular reconciliations, addressing exceptions promptly and executing all controls within agreed timeframes.
• You’ll support the Underwriting Accounting Manager in the maintenance, development, control and operation of the Annual Accounting Model. You will look for ways to improve the collation and presentation of Management Information and you will respond to ad hoc requests on the performance of key operating entities. Above all, you will help us keep performance on track so our clients can face the future and thrive.

About Brit

At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist. To help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver a risk service. A team empowered to help our customers not only to survive the risks they face, but to stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn’t something to fear but to seize; that it’s full of potential. Not only for our customers but our employees too.

We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving – both professionally and emotionally. If you’re looking for a place to make a real difference read on.

We welcome everyone wholeheartedly

We’ve got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we’ll be respected, valued and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations and suggestions about how we do things.

Accessibility

We are located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 17, 18, and 39. All of our floors are accessible by lift, and there are building staff on hand to point you in the right direction.

The closest train / underground / DLR links are: Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), Aldgate Station (7 mins).

The nearest bus stop is St Mary Axe (Stop LR or Z), which is located just outside the building.

If you have any other questions regarding accessibility, please ask.