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 reinsurance expertise to 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.

Deliver accurate, timely, and well-controlled technical accounting for Augment's reinsurance portfolio, with particular responsibility for Lloyds market business and the operational bridges between contract terms, bordereaux, accounting records, cash, and market settlement.

Key responsibilities:

• Own technical accounting activities for allocated reinsurance and Lloyds portfolios, 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, ensuring accurate financial 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; identify risks early and elevate material issues with clear options and recommendations.
• Support credit control, collections, cash application, and payment validation as required across the portfolio.
• Contribute to the design and testing of accounting automation, bordereaux ingestion, reconciliations, and reporting tools while retaining effective 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, Lloyds broking, a managing agent, 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…