Technical Accountant

General information

**City**:Madrid

**Country**:Spain

**Creation Date**:21-Jan-2025

**Employment Type**:Permanent

**Employment Type**:Full time

**Ref #**:1234571256
- Description & Requirements
- Role Title: Technical Accountant
- Department: Operations
- Team: LM Re Madrid
- Location: Madrid, Spain
- Type: Permanent

About the Role:
You are responsible for the Accounting and Reporting activities associated with assigned Reinsurance accounts and/or markets.

This position will also be responsible for developing and monitoring reinsurance completeness and accuracy controls on assigned activity and collaborating with internal and external support relating to the dedicated clients/markets and responsibilities.

Key Responsibilities:

- Perform day-to-day operational Underwriting & Accounting support in an efficient, accurate and timely manner.
- Liaising with clients and providing financial information
- Maintaining accounting records and preparing accounts and management information
- Monitoring credit control functions of Reinsurance Receivable/Payable and related Bank Accounts
- Work collaboratively with other functional areas (Operations, Finance, Claims) and other LSM branch finance teams
- Be responsible for the first line Credit Control processes and reports
- Support and development of the reporting processes, audits, etc.
- Performing test to check financial information and systems
- Work in assigned projects and areas of process improvement
- Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing.

Skills and Experience:

- P&C insurance industry experience in Reinsurance Accounting or Controlling
- Bachelor´s degree in Accounting or other Business degree preferred
- Knowledge and experience in dealing with Reinsurance Accounting (Treaty & Facultative) and understanding of technical booking and reporting processes
- Strong organizational, analytical and multi-tasking skills necessary to manage multiple deadlines and changing priorities in a fast-paced environment
- Ability to collaborate with others, adapt to change and accept challenging assignments
- Excellent communications skills both written and verbal (Spanish/English)
- Organizational, analytical, documentation and multi-tasking skills to manage multiple deadlines in fast-paced environment.
- Ability to work within a diverse environment and pressure during key periods of the year

About Liberty Mutual Reinsurance:
Liberty Mutual Reinsurance is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why “Put People First” is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

- Offering a vibrant and inclusive environment and committing to their career development.
- Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
- Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
- A supportive culture, which includes promoting a healthy work-life balance and working flexibly.
- For more information, please follow the links below: