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From premium collection to technical reserves and Solvency II reporting: leverage your insurance accounting expertise to drive financial accuracy for a high-value risk management portfolio in an international, fast-paced environment.
Job Responsibility:
Contract & Premium Management: Handle the accurate accounting of technical treaties and manage the recording and collection of premiums from insured parties
Commission & Payment Cycle: Ensure the accurate calculation and timely payment of commissions to brokers and business partners
Claims Handling: Process claim payments and record technical claim reserves with high precision
Technical Reversals & Reconciliations: Manage the monthly reversal of reserves and ensure the proper reconciliation of all technical accounts
Cash Management & Ledger Monitoring: Monitor technical debtors and creditors (aging balances), ensuring timely collection of receivables and efficient cash flow management
Internal Collaboration: Work closely with underwriting officers and actuaries to ensure the correct interpretation and consistency of technical data
External Coordination: Liaise with brokers and ceding companies to ensure data completeness, reliability, and accuracy across all mutual contracts
Audit Support: Act as a key contact for external and internal auditors, providing the necessary technical accounting documentation for statutory and compliance audits
Financial Reporting: Assist in issuing monthly technical financial reports for both local management and the Group
Regulatory Compliance: Contribute to the statutory reporting process in full compliance with Lux GAAP and Solvency II requirements
Process Optimization: Suggest and implement enhancements for technical data processing to improve efficiency and strengthen internal controls
Requirements:
Experience: Minimum 2–3 years in a similar role within the financial or insurance industry
Fiduciary Background: Candidates from accounting firms (Fiduciaires) may be considered if they demonstrate an exceptional ability to learn technical flows (premiums, commissions, reserves, and claims)
Technical Skills: Solid knowledge of insurance accounting principles
Familiarity with the Luxembourg regulatory environment (Solvency II) is an advantage
Languages: English and French are mandatory (Minimum C1 level, both written and spoken)
Soft Skills: Analytical mindset, IT savvy (Advanced Excel), initiative-taker, and capable of working in a fast-paced environment