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Assistant Syndicate Accountant

High Finance (UK) Limited T/A HFG
Posted 13 hours ago, valid for 6 days
Location

London, Greater London EC1R 0WX

Salary

£24,000 - £28,800 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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  • HFG is representing a reinsurance company seeking an assistant syndicate accountant to join their team.
  • The ideal candidate should have at least 1 year of experience within the Lloyd's insurance market.
  • Key responsibilities include uploading FX rates, assisting with regulatory reporting, and liaising with external auditors.
  • Candidates should possess advanced Excel skills, a working knowledge of UK GAAP, and effective prioritization abilities.
  • The salary for this position is competitive, reflecting the candidate's experience and qualifications.

HFG are currently representing an established reinsurance company who are looking to bring in an assistant syndicate accountant to join their team. This role would suit a candidate who is eager to learn the syndicate accounting side of insurance. In this role you will be directly reporting into the Syndicate Controller.

Key Duties & Responsibilities:

  • Responsible for the upload of fx rates and revaluations routines within the Sun ledgers.

  • Assist in the preparation of regulatory reporting to Lloyd's.

  • Liaise with external auditors and deliver reconciliations that are the responsibility of this role.

  • Support the syndicate accountant in delivering timely, accurate and concise financial information as required.

  • Assist in monitoring bank account balances.

  • Assist in the preparation of weekly liquidity analysis.

  • Assist in the preparation of quarterly VAT returns.

  • Responsible for the setting up of payments in the banking system.

  • Responsible for the setting up of FX trades.

General Skills & Experience:

  • Experience within the Lloyd's insurance market for 1+ years

  • Experience in the close process of a multi-currency ledger structure

  • Working knowledge of UK GAAP

  • Advance Excel and knowledge of Word

  • Effective prioritisation and organisation skills

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.