Senior Accountant - Life Insurance Industry

About the role

An international life insurance solutions provider, represented by its client, is looking for a Senior Accountant in the life insurance sector. The role covers technical insurance accounting, fund accounting and investment accounting, with a focus on accuracy, reconciliation and process improvement.

Key responsibilities

• Enter complex business flows (premiums, claims, commissions) and financial data accurately and on time into the general ledger
• Drive operational unit-linked fund processes and accounting together with outsourced administrators and managers
• Oversee accounting and reconciliations of the non-linked investment portfolio, supported by outsourced investment accounting and manager
• Control consistency between management systems and accounting, and analyze technical suspense accounts in a multi-company environment
• Identify efficiency and control improvements and help optimize accounting and reporting processes
• Take part in monthly and annual closings (LuxGAAP), prepare regulatory reports for the Commissariat aux Assurances (CAA) and support external audits
• Prepare and check tax and VAT declarations before submission

Required profile

• Bachelor's or master's degree in accounting or finance
• At least 3 years of experience in technical life insurance accounting or fund accounting
• Strong knowledge of Luxembourg accounting standards and tax principles; insurance and/or financial services experience preferred
• Fluency in French is required; a very good level of English is also expected
• Hands-on approach to supporting management in day-to-day administration, excellent communication skills and attention to detail

Required skills

• Proficiency in Microsoft Office, especially Excel
• Knowledge of MS Dynamics and/or Anaplan is a significant advantage