Company:
Ardonagh Italia
Location:
Milan (Hybrid)
Employment type:
Full-time
Who We Ar
e
Ardonagh is one of the largest and fastest-growing insurance distribution groups globally, headquartered in London. The Group controls numerous specialist companies in distribution and underwriting services, with consolidated annual revenues exceeding £2 billion. Ardonagh has a strong presence in the UK (Specialty and P&C;) and rapidly expanding P&C; platforms across Europe, APAC, and Latin Americ
a.The Group is backed by funds managed by HPS Investment Partners, LLC, Madison Dearborn Partners, LLC, Stone Point Capital, the Abu Dhabi Investment Authority, and its management tea
m.In ****, Ardonagh established a new operating company in Italy, Ardonagh Italia, to accelerate its growth in the country. Italy plays a key role in Ardonagh's European strategy thanks to the size and sophistication of its insurance market. The goal of Ardonagh Italia, and the Group as a whole, is to acquire and consolidate multiple Italian insurance distribution platforms, creating a new leading force in the national market. In **** and ****, Ardonagh Italia announced a series of acquisitions and new launches, becoming one of the top 10 brokers in Ital
y.
Role Purp
ose
The Technical Insurance Brokerage Accounting Specialist will play a key role within the finance function of Ardonagh Italia, reporting to the Accounting & Finance Manager, with specific responsibility for the technical (insurance brokerage) accounting cycle across the Group's brokerage companies. The role focuses on the correct accounting of premiums and commissions, the reconciliation of accounts with insurers and other intermediaries, the management of segregated client-money accounts under Article 117 of the Italian Insurance Code (CAP), and the harmonisation of technical accounting processes across newly acquired entities.



Working at the intersection of the brokerage operating systems and the general ledger, the role ensures that technical balances are accurate, reconciled and compliant with IVASS regulation, local GAAP (OIC) and Group IFRS reporting requireme
nts.
Key Responsibil
ities
Premium & Commission Accoun
ting: manage the technical accounting cycle for insurance and reinsurance brokerage business — recording of premiums, commissions and fees, matching of debit/credit notes, and correct allocation between insurers, clients and the brok
erage;Insurer & Intermediary Reconciliat
ions: prepare and reconcile statements of account (bordereaux) with insurers, coinsurers and other intermediaries, investigating and clearing ageing items and unallocated
cash;Client Money (Art. 117
CAP): oversee the accounting and reconciliation of segregated client-money accounts, ensuring the separation of fiduciary funds and compliance with IVASS requirements on the handling of premiums collected on behalf of insurers and cl
ients;Cash Allocation & Credit Con
trol: monitor collections and settlements, ensure timely allocation of incoming and outgoing flows, and support credit control on outstanding premium and commission bal
ances;GL Integration & Month
-End: ensure the correct interface between the brokerage management systems and the general ledger, reconcile technical sub-ledgers to the GL, and support the month-end close with the related accruals and adjustments (IFRS and
OIC);Entity Onboar
ding: support the technical-accounting onboarding of newly acquired brokers,



mapping their technical flows and aligning processes and controls with Group pol
icies;Controls & Compli
ance: contribute to the design and testing of internal controls over the technical accounting cycle, and support internal and external audit as well as IVASS reporting require
ments;Projects & Ad-Hoc Sup
port: assist with finance and system-integration projects and other tasks as req
uired.
Qualifications & Exp
erience
Master's Degree in Economics, Finance or equ
ivalent;5–7 years of experience in technical (insurance brokerage) accounting, gained within an insurance broker, an insurance/reinsurance company or
an MGA;Solid understanding of the technical accounting cycle of insurance brokerage — premiums, commissions, statements of account and client-money man
agement;Working knowledge of the regulatory framework applicable to insurance intermediaries, including Art. 117 CAP and IVASS requirements on clien
t money;Good knowledge of OIC; familiarity with IFRS is
a plus;Advanced Excel skills; confidence working with brokerage management
systems;Fluent in Italian and English (written and
spoken);Strong analytical and reconciliation skills, accuracy and attention to
detail;Strong interpersonal skills and ability to build effective working relationships across teams and newly acquired e
ntities;Experience with D365 and/or Tagetik is a plus (not man
datory);Previous experience in a Big4 firm or in a multi-entity / M&A; environment is a plus (not man
datory).
What
We Offer
Hybrid work model (office
+ remote);Competitive compensatio
n package;Corporate benefits and employee welfare
programs;Continuous learning and professional de
velopment;Significant career growth opportunities in a dynamic and fast-growin
g company;Inclusive and collaborative work en
vironment.

📌 Technical Insurance Brokerage Accounting Specialist (Milano)
🏢 Ardonagh Global Partners
📍 Milano