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Team Lead - Management Accounts - UK Insurance Broker

Team Lead - Management Accounts - UK Insurance Broker

QX GLOBAL SERVICES PRIVATE LIMITEDNoida, India
21 days ago
Job description

About Us.

  • QX Global Group is recognized as a Great Place to Work- and is dedicated to fostering an inclusive and diverse workplace.
  • We are committed to innovation and continuous improvement, driving us towards operational excellence and market leadership.

Job Overview :

  • We are seeking a finance professional with deep knowledge of the insurance and broker lifecycle, particularly within the Lloyd's market.
  • The role involves managing accounting operations, reconciliations, reporting, and audit support, while ensuring compliance and process excellence in a dynamic, client-focused environment.
  • Key Responsibilities :

  • Apply strong knowledge of the insurance industry, including the finance lifecycle of insurers, brokers, and MGAs.
  • Understand key insurance concepts such as Premiums, Claims, UEPR, DAC, CASE, and IBNR reserves.
  • Handle broker-specific processes, especially within the Lloyd's market, including IBA, MRC, EDI, LPOS, IMR, UMR, CASA, LPAN, XIS, and XCS.
  • Use industry platforms like Eclipse and Acturis for transaction processing and reconciliation.
  • Perform client and insurer statement reconciliations and prepare journal entries (intercompany, survey fees, accruals).
  • Manage expense accounting, trend analysis, and month-end close activities.
  • Conduct balance sheet reconciliations, including bank reconciliations.
  • Support management, regulatory, and statutory reporting requirements.
  • Assist with internal and external audits and maintain up-to-date process documentation.
  • Demonstrate advanced Excel skills, strong problem-solving abilities, and effective communication.
  • Collaborate as a team player and ensure all KPIs and SLAs are consistently met.
  • Must haves :

  • 5+ Year(s) of experience with UK Insurance Broker Accounting.
  • Strong communication skills (both written and verbal).
  • Familiarity with MS Outlook and MS Office.
  • Excellent MS Excel skills.
  • Acturis / Eclipse software expertise is preferred.
  • Location : Noida.

    Model : WFO.

    Shift Timings : 12 : 30PM IST - 10 : 00 PM IST / 1 : 30 PM IST - 11 : 00 PM IST.

    (ref : iimjobs.com)

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    Team Lead • Noida, India

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