Senior Technical Accountant – Lloyds & Reinsurance

Overview

This role is for a Senior Technical Accountant – Lloyds & Reinsurance within the organization’s servicing and technical accounting function. The position supports accurate, timely, and well-controlled technical accounting across premiums, claims, commissions, and settlements, with particular responsibility for Lloyds market business and the operational bridges between contract terms, bordereaux, accounting records, cash, and market settlement.

• Location: UK – Remote
• Employment Type: Full-Time
• Reports to: Head of Technical Accounting

Responsibilities

• Own technical accounting activities for allocated reinsurance and Lloyds portfolios, including premium, claims, commission, brokerage, tax, and settlement accounting.
• Review contracts, endorsements, bordereaux, and placement information to ensure accounting treatment aligns with the commercial agreement and market requirements.
• Prepare and review statements, reconciliations, cash allocations, settlement instructions, and supporting documentation; investigate and resolve breaks promptly.
• Partner with Claims Operations on claims reserves, loss movements, payments, and claims bordereaux to ensure accurate financial records and traceable support.
• Work with the Lloyds Technical Operations Manager on market-specific processing, controls, exceptions, and data quality.
• Maintain robust accounting controls, evidence, and audit trails; identify risks early and escalate material issues with clear options and recommendations.
• Support credit control, collections, cash application, and payment validation as required across the portfolio.
• Contribute to the design and testing of accounting automation, bordereaux ingestion, reconciliations, and reporting tools while retaining effective human review.
• Provide practical technical guidance to brokers and Client Solutions teams on how deal terms and changes translate into servicing and accounting requirements.

Requirements

• 5+ years of technical accounting experience in reinsurance, insurance, Lloyds broking, a managing agent, or a comparable specialist environment.
• Deep knowledge of technical accounting processes for premiums, claims, commissions, brokerage, cash, and settlement.
• Proven Lloyds market experience, including the operational and accounting consequences of market processing requirements.
• Strong reconciliation and analytical skills, with a rigorous approach to accuracy, documentation, and controls.
• Advanced Excel capability and confidence using accounting, broking, or workflow systems.
• Ability to explain complex accounting issues clearly to non-finance stakeholders and work effectively across functions.

Preferred Qualifications

• Experience with delegated authority, binders, bordereaux-heavy portfolios, or ILS-related structures.
• Experience improving or implementing technical accounting workflows, data controls, or automation.
• Professional accounting qualification or progress toward one.

Compensation & Benefits

• Competitive compensation package, including base salary, performance-related bonuses, and equity participation.
• Equity participation available for employees.
• Employee benefits designed to support employees and their loved ones.

Location

• UK – Remote

What Success Looks Like

• Premium, claims, commission, and cash records are accurate, timely, and readily explainable.
• Lloyds-specific accounting and processing exceptions decline and are resolved quickly when they arise.
• Technical Accounting acts as a proactive control and execution partner to deal teams rather than a downstream bottleneck.