Senior Syndicate Accountant

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

Job summary

An international insurance firm in Leeds seeks a Senior Syndicate Accountant to join their Finance team. The role involves ensuring financial integrity for Lloyd’s syndicates, producing detailed reports, and collaborating with actuarial teams. Ideal candidates will be qualified accountants with extensive experience in the insurance sector and strong analytical skills. This opportunity offers exposure to senior stakeholders and impactful contributions to the business.

Qualifications

• Significant experience in financial services within the insurance market.
• Strong financial accounting background.
• Proficiency in handling large datasets.

Responsibilities

• Review and challenge finance close processes for accuracy.
• Produce commentary for senior management on Syndicate results.
• Support the preparation of Lloyd’s regulatory returns.

Skills

Qualified accountant (ACCA, ACA, CIMA)

Extensive experience in financial services

Proficient in MS Excel

Excellent written and verbal communication

Highly analytical

Education

Qualified accountant certification

Tools

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.