Senior Syndicate Accountant

JR United Kingdom; City Of London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A global specialty insurer is seeking a Senior Syndicate Accountant to join their team in London. The successful candidate will play a critical role in financial reporting, requiring expertise in UK GAAP, Solvency II standards, and the Lloyd’s direct settlement process. With over 7 years of accounting experience, you will manage key reporting responsibilities while ensuring compliance and efficiency across various teams.

Qualifications

• 7+ years' experience in accounting, including 5+ in a Lloyd’s managing agent.
• Deep understanding of Lloyd’s systems and insurance accounting.

Responsibilities

• Manage quarterly & annual Lloyd’s reporting.
• Prepare statutory accounts and regulatory returns across UK, US & Canada.
• Provide financial analysis for senior stakeholders.

Skills

Analytical

Detail-focused

Financial Systems Proficiency

Education

ACA/ACCA/CPA or equivalent qualification

Job description

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Senior Syndicate Accountant, London (City of London)

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Client:

Location:

London (City of London), United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

3

Posted:

16.06.2025

Expiry Date:

31.07.2025

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Job Description:

A global specialty insurer is looking for a Syndicate Accountant to join their growing team and play a key part in the financial reporting under UK GAAP and Solvency II. The Senior Syndicate Accountant is responsible for managing all aspects of syndicate financial reporting. This includes applying advanced technical accounting knowledge of insurance and reinsurance transactions, UK GAAP, and Solvency II/UK reporting standards. The role requires a strong understanding of the Lloyd’s direct settlement process and the ability to trace insurance transactions from underwriting systems through to the general ledger. The individual must be proficient in financial systems, capable of producing and interpreting complex financial data with accuracy, and able to build effective working relationships across Finance, Actuarial, Operations, Claims, Underwriting, and audit teams. All responsibilities must be carried out in compliance with regulatory requirements and internal standards.

Key Responsibilities: Manage quarterly & annual Lloyd’s reporting (QMA, QSR/ASR, Flash, Solvency UK). Prepare statutory accounts and regulatory returns across UK, US & Canada. Provide financial analysis for senior stakeholders and Audit Committees. Support audits, ensure compliance, and drive process improvements.

What You Bring: 7+ years' experience in accounting, including 5+ in a Lloyd’s managing agent. Deep understanding of Lloyd’s systems, reporting, and insurance accounting. ACA/ACCA/CPA or equivalent qualification preferred. Analytical, detail-focused, and confident working cross-functionally.