Reassurance Accounting Analyst

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21 October 2020
Location: Wythall
Salary: £30,420 - £38,024
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Job Description

£30,420 - £38,024 p.a. pro-rata

Wythall, South Birmingham (B47)

4 Months Fixed Term Contract

Ref: 3792

This is a 4-month fixed term contract to join our Fund Accounting Reassurance team to prepare monthly reinsurance premiums and claims accounts through to settlement, including general ledger postings and reconciliations.

The role:

Reporting to the Reassurance Accountant and working closely with external companies and outsourcers, the main focus of your role will be to undertake the preparation of regular reinsurance premiums and claims accounts through to settlement, including general ledger postings and reconciliations to tight deadlines. An ability to interrogate complex data extracts used to support the calculations, to identify and challenge anomalies through to conclusion is required.  You will also be expected to undertake monthly reviews of accounting reconciliations for outsourced reinsurance activities, with responsibility to investigate anomalies and aged items to a successful resolution.  A keen eye for detail is required as well as an ability to follow pre-defined processes which set out the main deliverables and deadlines.

We are looking for:

Excellent prioritisation and organisational skills and an ability to produce information for Reinsurers and Outsourcers to tight deadlines

Comfortable with using Microsoft Excel, including the use of V-Lookup formulae and an ability to filter large data files to focus attention on issues

A willingness and ability to interrogate large data extracts to identify data integrity issues

Excellent analytical and problem-solving skills

Proven double entry accounting experience

Good communication skills

A basic understanding of the main features and terminology of reinsurance / annuities would be an advantage

This is an exciting opportunity to join one of Britains Top Employers and the UK's largest specialist consolidator of closed life assurance funds. Phoenix is a member of the FTSE 100 index with a premium listing on the LSE, 6.1 million policyholders and assets under management of £74 billion, including the newly acquired Abbey Life, AXA Wealth and SunLife businesses.

N.B. When on the Phoenix Careers site, first time visitors will be asked to register before applying.

Closing date: Midnight, Wednesday 21st October 2020.

Work Permit:

All applicants must be based in the UK and confirm that they are able to prove their eligibility to work in the UK.