Finance Manager - Syndicate Reporting

QBE Europe; Leeds; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading international insurer in Leeds is seeking a Syndicate Finance Manager for a 9-month contract. The role involves overseeing financial reporting systems, ensuring compliance with Lloyd's regulations, and managing audits. Ideal candidates will have ACA/ACCA/CIMA qualifications and extensive insurance accounting experience. Strong Excel skills and familiarity with Lloyd's reporting requirements are essential. Join a collaborative team and contribute to financial excellence in a dynamic environment.

Qualifications

• Post-qualification experience in insurance accounting within the Lloyd’s market is essential.
• Experience managing or mentoring a small team is desirable.
• Extensive knowledge of UK GAAP and IFRS is required.

Responsibilities

• Oversee the financial systems and reporting processes that support syndicates.
• Ensure compliance with regulatory reporting deadlines and requirements.
• Prepare accurate and timely financial reports for senior management.

Skills

Strong verbal and written communication skills

Advanced Excel skills

Strong working knowledge of Lloyd’s regulatory reporting

Proactive mindset toward process improvement

Education

ACA, ACCA or CIMA qualified

Tools

Familiarity with Oracle

Experience using Lloyd’s-specific systems (LCA, Xchanging)

Job description

Primary Details Time Type: Full time Worker Type: Employee The purpose of this role is to establish and maintain financial systems, control audits, and provide accurate financial information to senior management and the board of directors in respect of Syndicate Reporting.

This role is responsible for ensuring appropriate review of the financial results of the syndicates and compliance with regulatory Lloyd's requirements - e.g. QMA, QMB, RRQ and Syndicate Statutory accounts. Additionally, the role involves overseeing financial controls assurance activities and contributing to clean internal and external audits.

We are looking for a skilled Syndicate Finance Manager to lead the delivery of accurate and timely syndicate financial reporting, ensure compliance with Lloyd’s regulatory requirements and drive excellence in financial controls and audit readiness.

This is a great opportunity to make a meaningful contribution in a dynamic and collaborative environment, while gaining exposure to senior stakeholders and strategic decision-making.

Please note this is a 9 month Fixed Term Contract.

Your New Role

In this pivotal role, you’ll be responsible for overseeing the financial systems and reporting processes that support our syndicates, including QMA, QMB, RRQ and statutory accounts. You’ll work closely with senior management and the board, providing trusted financial insights and assurance. Your expertise will also be key in managing financial controls assurance activities and contributing to successful internal and external audits.

Key Responsibilities

• Review syndicate financial results under both AIFRS and FRS 102 accounting standards, ensuring accuracy and consistency
• Ensure full compliance with Lloyd’s regulatory reporting deadlines and requirements, including QMA, QMB, RRQ, Syndicate statutory accounts and Statement of Actuarial Opinion (SAO)
• Prepare and deliver accurate, timely financial reports and commentary, including governance packs for the Board and Audit Committee meetings
• Maintain and enhance strong working relationships with key internal and external stakeholders, including auditors, actuaries and regulatory bodies
• Lead and support the finance team in achieving key performance indicators and delivering high-quality outputs
• Communicate regularly with the external auditors and provide support with responding to their audit queries
• Establish and maintain robust financial controls to safeguard the organisation’s assets and ensure audit readiness
• Contribute to the development and implementation of process improvements, automation initiatives and financial systems enhancements
• Monitor regulatory developments and assess their impact on syndicate reporting and capital requirements

About You

• ACA, ACCA or CIMA qualified (or equivalent) with post-qualification experience in insurance accounting within the Lloyd’s market
• Strong working knowledge of Lloyd’s regulatory reporting requirements including QMA, QMB, RRQ and Syndicate Accounts
• Proven experience in syndicate financial control, including month-end close processes, ledger reconciliations, investment accounting and RITC transactions
• Advanced Excel skills and familiarity with Lloyd’s software and general ledger systems
• Up-to-date understanding of UK GAAP, IFRS and regulatory frameworks relevant to Lloyd’s
• Extensive experience working cross-functionally with underwriting, actuarial, risk and finance teams
• Strong verbal and written communication skills, with the ability to engage confidently with stakeholders of all seniority levels
• A proactive mindset toward improving reporting processes, automation, and financial controls
• Experience managing or mentoring a small team is desirable
• Familiarity with Oracle and TM1 is desirable, along with experience using Lloyd’s-specific systems such as LCA, Xchanging, iXBRL tagging and market data collection tools

Why QBE?

At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back.

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner.

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation.

Equal Employment Opportunity: QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.