Senior Technical Accountant – Lloyds & Reinsurance

Role: Senior Technical Accountant–Lloyds & Reinsurance

Location:UK– Remote

Reports to:Head of Technical Accounting

Type:Full-Time

Augment Risk is a global capital risk solutions intermediary, partnering with clients to structure and place innovative solutions. We specialize in bespoke risk transfer strategies, leveraging deep expertise across geographies and disciplines, including Structured Reinsurance, MGA, ILS, Legacy, Parametric, and Captives. Our trusted, boutique approach combines agility, transparency, and creative thinking to deliver optimal outcomes for our clients.

About the Role:

Senior Technical Accountant – Lloyds & Reinsurance

Technical accounting, settlement controls, and financial accuracy

Augment Risk is seeking a Senior Technical Accountant with strong Lloyds and reinsuranceexpertiseto help scale a high-control, technology-enabled servicing operation. This person will own critical accounting and reconciliation processes across premiums, claims, commissions, and settlements, and will partner closely with deal teams to ensure that the economics agreed at placement are accurately reflected in the operating record.

Role purpose:

Deliveraccurate,timely, and well-controlled technical accounting for Augment's reinsurance portfolio, withparticular responsibilityforLloydsmarket business and the operational bridges between contract terms, bordereaux, accounting records, cash, and market settlement.

Key responsibilities:

• Own technical accounting activities forallocatedreinsurance andLloydsportfolios, including premium, claims, commission, brokerage, tax, and settlement accounting.
• Review contracts, endorsements, bordereaux, and placement information to ensure accounting treatment aligns with the commercial agreement and market requirements.
• Prepare and review statements, reconciliations, cash allocations, settlement instructions, and supporting documentation; investigate and resolve breaks promptly.
• Partner with Claims Operations on claims reserves, loss movements, payments, and claims bordereaux, ensuringaccuratefinancial records and traceable support.
• Work with the Lloyds Technical Operations Manager on market-specific processing, controls, exceptions, and data quality.
• Maintain robust accounting controls, evidence, and audit trails;identifyrisks early and escalate material issues with clear options and recommendations.
• Support credit control, collections, cash application, and payment validation asrequiredacross the portfolio.
• Contribute to the design and testing of accounting automation, bordereaux ingestion, reconciliations, and reporting tools whileretainingeffective human review.
• Provide practical technical guidance to brokers and Client Solutions teams on how deal terms and changes translate into servicing and accounting requirements.

Required experience and capabilities:

• 5+ years of technical accounting experience in reinsurance, insurance,Lloydsbroking,a managingagent, or a comparable specialist environment.
• Deep knowledge of technical accounting processes for premiums, claims, commissions, brokerage, cash, and settlement.
• Proven Lloyds market experience, including the operational and accounting consequences of market processing requirements.
• Strong reconciliation and analytical skills, with a rigorous approach to accuracy, documentation, and controls.
• Advanced Excel capability and confidence using accounting, broking, or workflow systems.
• Ability to explain complex accounting issues clearly to non-finance stakeholders and work effectively across functions.

Preferred experience:

• Experience with delegated authority, binders, bordereaux-heavy portfolios, or ILS-related structures.
• Experience improving or implementing technical accounting workflows, data controls, or automation.
• Professional accounting qualification or progress toward one.

What success looks like

• Premium, claims, commission, and cash records areaccurate,timely, and readily explainable.
• Lloyds-specific accounting and processing exceptions decline and are resolved quickly when they arise.
• Technical Accounting becomes a proactive control and execution partner to the deal teams, not a downstream bottleneck.

Why Join Us:

We offer competitive compensation packages, including base salary, performance-related bonuses, and equity participation.

We will provide you with the opportunity to be inventive andinnovative,we love challenging industry norms.

You will work in a multi-disciplinary environment, collaborating closely with talented individuals within a flat structure.

You will be trusted and encouraged to take ownership and accountability.

We adopt a work from anywhere approach. Our colleagues and clients are globally distributed which means flexibility is key to delivering great client outcomes, andthat’swhat matters to us.

We believe in rewarding success, and we want everyone to share in the value we create – therefore, all our employees are offered equity.

We look after our people and their loved ones. Our employee benefits are designed with that in mind.

Augment Risk is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

We look after our people and their loved ones. Our employee benefits are designed with that in mind.

Ready to make a difference?

As a fast-growingcompany,our cultureiscenteredaroundinnovation, collaboration,and ownership.This is an opportunity totakethe initiative, bring ideas that will matter and be heard,and be involved in making impactful decisions,allwhilecontributing meaningful work to the company’s success,which isof coursehighlyrecognizedand rewarded.

We ensure to build transparency into our culture to foster trust and high engagement. Open communication, shared ideas, clear decision reasoning, along with a strong and constructive feedback culture ensures our employees feel empowered and informed.

Withinthisdynamicenvironment,you will be wholeheartedly supported by your skilledand talented colleagues. We are seeking like-mindedindividualsaligned withthisculture, tonot onlyshape and growtherole,butbe a huge part of our exciting journey ahead.Ifyou feel well aligned to all theabove,making this a great match for you, go ahead and apply now!

Originally posted on Himalayas