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QX Global Group
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Team Lead - Management Accounts

Team Lead - Management Accounts

QX Global Group

5 - 9 years

0 Lacs

noida uttar pradesh

Posted:1 day ago| Platform: Shine logo

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Skills Required

accounting operations reporting compliance process excellence claims dac case edi casa transaction processing journal entries trend analysis regulatory reporting statutory reporting process documentation effective communication slas insurance industry knowledge reconciliations audit support finance lifecycle premiums uepr ibnr reserves brokerspecific processes iba mrc lpos imr umr lpan xis xcs eclipse software acturis software client insurer statement reconciliations expense accounting monthend close activities balance sheet reconciliations bank reconciliations internal audits external audits advanced excel skills problemsolving abilities kpis

Work Mode

On-site

Job Type

Full Time

Job Description

You will be joining a dynamic team at QX Global Group, a Great Place to Work dedicated to fostering an inclusive and diverse workplace. As a finance professional with expertise in the insurance and broker lifecycle, specifically within the Lloyds market, your role will involve managing accounting operations, reconciliations, reporting, and audit support with a focus on compliance and process excellence in a client-centric environment. Key Responsibilities: - Apply deep 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 within the Lloyds market, including IBA, MRC, EDI, LPOS, IMR, UMR, CASA, LPAN, XIS, and XCS. - Utilize industry platforms like Eclipse and Acturis for transaction processing and reconciliation. - Perform client and insurer statement reconciliations and prepare various journal entries (intercompany, survey fees, accruals). - Manage expense accounting, conduct trend analysis, and oversee 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 effectively as a team player, ensuring all KPIs and SLAs are consistently met. Must haves: - 5+ years of experience in 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. Qualifications: - B.com/ M.com/ MBA Joining QX Global Group means you will be part of a creative team where personal growth and contribution to collective goals are valued. Competitive salaries, comprehensive benefits, and a supportive work environment that prioritizes work-life balance are some of the perks we offer. (Note: Work Model details not included in the Job Description),

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QX Global Group

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Dallas

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Team Lead - Management Accounts