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Senior Syndicate Accountant

High Finance (UK) Limited T/A HFG
Posted 7 days ago, valid for 16 days
Location

London, Greater London EC1R 0WX

Salary

£80,000 - £96,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • An experienced Syndicate Reporting Accountant is needed for a leading specialty insurance group with Lloyd's and Company market operations.
  • The role requires 3-5 years of experience in syndicate reporting or finance within the insurance industry and a qualified accounting designation.
  • Key responsibilities include preparing regulatory returns, annual financial statements, and analytical reports, while ensuring compliance and timely delivery.
  • The position also involves supporting junior team members and collaborating with auditors on internal controls and finance transformation projects.
  • The salary for this role is competitive, reflecting the candidate's experience and qualifications.

An exciting opportunity has arisen for an experienced Syndicate Reporting Accountant to join a leading specialty insurance group with Lloyd's and Company market operations. This role will be an integral part of the Finance department, responsible for preparing both internal and external reports, including all Lloyd's regulatory returns and associated management information. You will also assist with project work and provide support to junior team members, contributing to a robust and efficient reporting process.

Key Responsibilities:

In this role, you will oversee and manage the preparation of critical reports for the Syndicate, ensuring accuracy, compliance, and timeliness. Your main duties will include:

  • Syndicate Reporting: Responsible for producing and reviewing regulatory returns to Lloyd's, including QMA, QMB, Solvency II, US and Canadian situs reporting, and ROD.
  • Financial Statements: Prepare annual and underwriting year financial statements for the Syndicate.
  • Analytics & Commentary: Develop and deliver analytical reports and commentary to support syndicate reporting, both regularly and for ad hoc queries.
  • Timely Delivery: Ensure reports are produced according to established timetables, allowing sufficient time for management review.
  • Internal Reports: Assist in preparing internal reports, including ad hoc requirements from the Head Office.
  • Audit Support: Collaborate with internal and external auditors to ensure all necessary information is provided and audits are completed on time.
  • Control Environment: Help maintain a robust system of internal controls, ensuring compliance and accurate documentation of procedures.
  • Project Work: Contribute to finance transformation projects and continuous improvements in reporting accuracy, efficiency, and timeliness.
  • Team Support: Provide guidance and support to junior team members, assist with the oversight of the reporting function, and play an active role in the planning and coordination of deliverables.
Key Skills & Experience:

To succeed in this role, you should bring a blend of technical expertise, practical experience, and strong communication skills:

  • Experience: At least 3-5 years in a syndicate reporting or finance role within the insurance industry, with a solid understanding of Lloyd's accounting and reporting rules.
  • Accounting Qualification: A qualified accountant (CA, ACCA, CIMA or equivalent).
  • Regulatory Knowledge: Strong working knowledge of Lloyd's reporting requirements, UK GAAP, Solvency II, and the Companies Act.
  • Advanced Excel & Reporting: Proficiency in advanced Excel and experience in advanced report writing, with the ability to develop and use analytical tools.
  • Software Knowledge: Familiarity with Lloyd's accounting and reporting software (desirable).
  • Problem-Solving & Initiative: A self-starter with a 'can-do' attitude, able to solve problems independently and take on new responsibilities.
  • Communication Skills: Strong verbal and written communication skills, with the ability to interact effectively at all levels within the organisation.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.