Expense & Treasury Accountant

Hannover Re - with around 4,000 employees at locations all over the world. Our strength? Connecting Power:
We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.

This role offers a unique opportunity to lead and shape the expense, banking, and financial operations of Hannover Re’s UK Life Branch, as well as its UK service and holding entities. You will take ownership of critical financial processes, drive meaningful operational improvements, and act as a trusted partner to senior leadership across the UK organisation and wider Group.

As a key member of the Finance function, you will provide insight and lead process improvement that support effective decision making. You will also serve as an important bridge between the UK service company and the wider Talanx insurance entities, ensuring seamless communication, alignment, and collaboration across business units.

This is a high visibility role suited to someone who thrives in an environment of accountability, continuous improvement, and cross functional influence.

• Lead the delivery of the expense and banking functions across the UK Branch, UK service and holding company entities, ensuring excellence in accounting, planning, budgeting, and financial operations. Ensure expense and banking transactions are executed accurately, consistently, and in line with control expectations, including appropriate segregation of duties.
• Act as a trusted financial adviser to senior management, providing clear analysis, insightful recommendations, and constructive challenge where required.
• Own the improvement and automation of processes to ensure continuous improvement and efficiency in operations.
• Lead on the timely and accurate production of internal expense reporting.
• Conduct regular reviews of process documentation, and policies to ensure ongoing accuracy and compliance.
• Lead on intercompany recharging for the UK Branch and UK service company including invoicing, intercompany reconciliations and relationship management.
• Deliver expense processes end to end, including annual expense planning, Board and Management reporting, shared service budget collation, and Group service provider recharges.
• Manage the liquidity of the UK statutory entities to ensure the ability to always meet cash and collateral obligations, including the payroll funding process.
• Preparation of bank reconciliations, ensuring compliance with internal control and approval frameworks.
• Oversee all banking transactions and ensure the accuracy and integrity of bank related ledger postings.
• Manage the employee expense policy and reimbursement services, including the company credit card scheme.
• Act as a Subject Matter Expert for the implementation and ongoing use of Purchase Order tool in the UK.
• Support the delivery of tax processes and compliance requirements where needed.
• Support the statutory audit processes relating to expense and treasury topics across the Hannover Re UK entities, ensuring smooth audit delivery and strong control evidence.
• Build strong relationships with teams across Hannover Re Group to share knowledge, adopt best practice tools, and leverage existing technologies.
• Actively contribute to Group wide initiatives and ensure UK entities remain aligned with global standards and expectations.

Qualifications

Required:

• Part or newly qualified CA, ACA, or ACCA

Experience:

• Prior experience in purchase ledger management and treasury operations is beneficial.
• Familiarity with expense forecasting and cost‑allocation methodologies is an advantage.
• Experience with in the financial services or insurance sector is desirable and will support effective navigation of the regulatory and operational environment.

Personal

Skills:

Communicating and Influencing

Communicates financial and technical concepts clearly, adapting style and level of detail to…