Senior Syndicate Accountant

QBE Europe; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

An international insurance provider is seeking a Senior Syndicate Accountant to ensure financial integrity of Lloyd’s syndicates. The role involves producing reports, supporting regulatory filings, and engaging with senior stakeholders. Candidates should have a relevant accounting qualification and extensive experience in insurance accounting. Proficiency in MS Excel and experience with Oracle and TM1 are preferred. This position offers opportunities for process improvement and dynamic team collaboration.

Qualifications

• Significant experience in financial services, ideally in the insurance market.
• Experience in Syndicate or Company Insurance Accounting teams.
• Strong financial accounting background.

Responsibilities

• Review and challenge finance close processes.
• Partner with the Actuarial team to review reserves movements.
• Produce high-quality commentary for senior management.

Skills

Financial analysis

Stakeholder engagement

Regulatory compliance

Attention to detail

Process improvement

Education

Qualified accountant (ACCA, ACA, CIMA) or equivalent

Tools

MS Excel

Oracle

TM1

Job description

Primary Details Time Type: Full time Worker Type: Employee We have an opportunity for a Senior Syndicate Accountant to join our Insurance Accounting function within the Syndicate Reporting team.

The Syndicate Reporting team are accountable for ensuring the integrity of the financial results and providing the business narrative over the balance sheet and P&L for the Syndicates, as well as preparing and submitting quarterly reports to Lloyd's.

We’re seeking a talented and driven Senior Syndicate Accountant to join our Finance team. In this role you’ll help shape the financial integrity of our Lloyd’s syndicates, delivering insightful analysis and ensuring regulatory compliance across quarterly and annual reporting cycles.

This is an exciting opportunity to work in a dynamic environment, gain exposure to senior stakeholders, and make a tangible impact on the business.

Your New Role

As part of a collaborative and high-performing team, you’ll play a key role in producing accurate reporting and meaningful commentary on the balance sheet and P&L for the syndicates. You’ll also play a key role in challenging results and data, contributing to the transparency and strength of our financial operations.

Key Responsibilities

• Review and challenge monthly and quarterly finance close processes, which include reviewing the Syndicate underwriting results to ensure accuracy, completeness, and alignment with business performance.
• Partner with the Actuarial team to review the reserves movements in the Syndicate results, ensuring they are robust, complete, and accurately reflected in financial statements.
• Produce high-quality commentary for senior management on Syndicate results, including late adjustments, bridging analysis, class-of-business (COB) reviews and balance sheet analytics.
• Support the preparation of Lloyd’s regulatory returns including QMA, QMB, US, Canadian and UK tax filings for the syndicates, as well as contributing to the annual Statement of Actuarial Opinion (SAO) review.
• Ensure the statutory books and records are maintained in accordance with QBE accounting policies and Lloyd’s requirements.
• Participate in finance-related projects, including system enhancements, process improvements and regulatory change initiatives impacting financial reporting.

About You

• Qualified accountant (ACCA, ACA, CIMA) or equivalent with significant experience in financial services within the insurance market, preferably with Lloyd’s market.
• Extensive experience working in a complex financial services environment within Syndicate or Company Insurance Accounting teams ideally.
• Strong financial accounting background, with proven experience reviewing insurance underwriting results.
• Proficient in MS Excel (including pivot tables, IF statements, VLOOKUPs, and handling large datasets), with strong working knowledge of other MS Office applications.
• Highly analytical with strong attention to detail, capable of interpreting complex financial data and producing detailed commentary.
• Excellent written and verbal communication skills, with the ability to engage confidently with stakeholders across finance, actuarial, underwriting and external auditors.
• A proactive mindset toward process improvements, automation initiatives and contributing to system enhancements within financial reporting.
• 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.

Equal Employment Opportunity

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