Senior Syndicate Accountant

HFG; City Of London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Syndicate Accountant to join their team in London. This pivotal role involves managing accounting close functions and ensuring compliance with UK GAAP and Solvency II standards. You will oversee a small team, prepare regulatory reports, and contribute to the financial reporting process. If you possess strong analytical skills and a solid understanding of the insurance sector, this opportunity offers a chance to make a significant impact in a dynamic environment. Join a forward-thinking company where your expertise will be valued and rewarded.

Qualifications

• Experience with Lloyd's and UK regulatory reporting.
• Strong understanding of financial reporting practices.

Responsibilities

• Manage direct reports for accurate completion of accounting tasks.
• Prepare and submit regulatory and management reports.
• Assist in Solvency II reporting and statutory accounts preparation.

Skills

Financial Reporting

GAAP Knowledge

Analytical Skills

Problem-Solving

Attention to Detail

Education

Bachelor's Degree in Accounting or Finance

Job description

HFG is currently working with a leading London insurer in search of their next Senior Syndicate Accountant. The role will be responsible for performing monthly accounting close functions by applying accounting policies and presenting financial results to senior management. The role also involves assisting in the production of regulatory reports based on UK GAAP and Solvency II standards.

Responsibilities:

1. Manage two direct reports to ensure accurate completion of general ledger and reconciliation work.
2. Prepare, review, and submit external regulatory reports, internal management reports, and 'Group' reports.
3. Complete Lloyd's reporting requirements such as QMA, QMB, QF1, GQD, TPD, TRIA, NAIC, and US SITUS reporting.
4. Prepare statutory accounts and underwriting year accounts.
5. Assist in the completion of Solvency II reporting, including QSR, QAD, and ASR reports.

Profile:

1. Knowledge of financial reporting requirements, GAAP, and Statutory Accounting Principles.
2. Experience with Lloyd's and other UK regulatory reporting for specialty insurance.
3. Ability to understand and apply financial reporting practices and procedures, and implement internal control processes.
4. Strong understanding of the month-end close process and account analysis.
5. Excellent analytical, problem-solving, and decision-making skills with a high degree of accuracy and attention to detail.