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You're looking for entry to mid-level job roles.

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Expert

You're looking for management or highly specialised job roles.

Specialisms

Advisory and consultancy

Audit and assurance

Digital

Financial and business reporting

Financial management

Performance management

Risk management

Sustainability

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Leader

You're looking for senior leadership or entrepreneurial job roles.

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Advisory and consultancy

Audit and assurance

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Financial management

Performance management

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  • SKILL LEVEL:
  • Proficient

Reinsurance accountant

What is a reinsurance accountant and what do they do?

Reinsurance accountants have responsibility for the accounting and financial reporting of reinsurance - this includes the booking of reinsurance premiums and losses, financial reporting and cash clearing and settlement. Reinsurance is insurance for insurance companies. Insurers pay part of the premiums that they collect from policyholders to a reinsurance company and the reinsurance company agrees to cover losses above certain high limits. The purpose of reinsurance is to limit the amount of loss an insurer can potentially suffer, protecting them from bankruptcy (and their customers from uncovered losses).

Capabilities

While the accountancy profession offers diverse career options and paths, the core capabilities required to perform at the highest standards remain the same - irrespective of skill level or job role.

Collaboration Digital Drive Ethics Expertise Insight Sustainability
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to succeed at this level

Continuing professional development at ACCA

A commitment to life-long learning is a vital part of your ACCA membership; it unlocks the full potential of your career choices - and drives forward the profession.

We deliver a wide range of CPD resources tailored to different areas of expertise - and an ever-changing profession. Our, and your, commitment to quality CPD ensures you will have the most up-to-date skills to perform at the highest standard. 

So, get started (or restarted) and take a look at our curated list of the most relevant CPD resources to secure and succeed in this role.

units 12

Online course

Financial management 10 course pack

This ten course pack from BPP is designed to provide you with essential guidance and knowledge on financial management. These courses will develop the skills needed to carry out your day-to-day job.

By completing this pack, you will gain a better understanding of: 
 

  • how to plan your organisation's finances
  • budgeting
  • expenses
  • cash and credit
  • working capital
  • supply chain management.  
Book now
units 12

Online course

IFRS insurance complete pack

This pack contains courses about IFRS specifically for insurers and reflects the changes made to IFRS 17.

There is a growing need for insurers to increase their knowledge with respect to IFRS developments and this pack is tailored to meeting the needs of this industry. As insurers are currently preparing for the implementation of IFRS 9 and IFRS 17, there are several modules centred around these themes. This pack is specifically designed for those in financial and actuarial functions, who issue insurance contracts.

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Find more CPD resources on ACCA Learning

How does the ACCA qualification prepare you for this job role?

From a combination of exams, ethics and experience, the ACCA Qualification will boost your employability and performance at every stage of your career journey.

Here we have listed some elements of the ACCA Qualification that will help you perform at the highest standard in this job role.

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Not yet started your ACCA journey?

Looking to start or restart your journey with us? Apply or re-register with us today to access all the benefits ACCA membership brings

Apply now About the ACCA Qualification