Senior Financial Accountant

Primary Details

The opportunity

QBE is an international insurer and reinsurer, listed on the Australian Securities Exchange and headquartered in Sydney. We employ more than 11,000 people, with a local presence in 27 countries. 

We have an opportunity for a Senior Syndicate Accountant to join our Insurance Accounting function within the Corporate Reporting team.  The Corporate Reporting team are accountable for ensuring the integrity of the financial results and providing the business narrative over the balance sheet and P&L.

Your new role

As a Senior Financial Accountant, you will play a key role in accounting and reporting activities within the Syndicate team and ensure the accuracy and consistency of underlying data. You will be liaising with both external and internal stakeholders to manage expectations and ensure continued process excellence.

• Reviewing and challenging the Syndicate underwriting results, working closely with the Finance Business Partners. 

• Review the reserves in conjunction with the Actuarial Department to ensure completeness and accuracy. 

• Producing commentary for senior management around the Syndicate results, reviewing late adjustments, bridging analysis, group balance sheet analytics and COB reviews on a quarterly basis.  

• Overseeing and providing data into the annual Statement of Actuarial Opinion (SAO), UK Tax and US Level II returns.  

• Involvement in producing the Lloyd’s QMA and QMB quarterly returns. 

• Assist in the monthly and quarterly close process, including preparation and posting of underwriting and non-underwriting journals for the Lloyd’s Syndicates for submission to the (Re) / Insurance Finance Director, senior European (EO) management and Group. 

• Ensure the statutory books and records are properly maintained in accordance with QBE Accounting policies and market best practice and the balance sheet appropriately reflects the Syndicate position.  

• Assist on ad hoc tasks in the wider reporting team. For example Statutory Accounts, Review of other QBE company results and submission.

• Assist on Projects impacting Financial Reporting

About you

• Qualified Accountant (ACCA or equivalent). 

• Significant experience of working in a complex financial services environment. 

• Recent or current experience of working as an Accountant

• Strong financial accounting background with experience of reviewing Insurance Underwriting results preferable. Familiarity with Oracle and TM1 would be desirable but not essential

• Experienced MS Excel user (pivots, if statements, lookups and experience of working with large amounts of data) and other MS Office applications. 

• Excellent written and verbal communication skills

• Working for a Syndicate or Company Insurance Accounting team would be desirable

Why QBE? At My Best?? 

?At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.?? 

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.?? 

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation (https://careers/flex-qbe/).? 

With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.?? 

To find out more about why you should work for QBE, visit our careers website.? 

At My Best - QBE Benefits?? 

?You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally.? As well as the benefits below we also offer an extensive choice of other options to suit you!?? 

30 days holiday a year with the option to buy up to 2 additional days.? 

Flexible working -balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.?