Senior Syndicate Accountant

QBE Insurance Group; Leeds; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial services company in Leeds is seeking a Senior Syndicate Accountant to ensure financial integrity and compliance for Lloyd's syndicates. This role entails producing accurate financial reporting, reviewing finance processes, and collaborating with various teams. The ideal candidate is a qualified accountant with extensive experience in financial services and strong analytical skills.

Qualifications

• Qualified accountant with significant experience in financial services within the insurance market.
• Extensive experience in Syndicate or Company Insurance Accounting teams.
• Strong financial accounting background with experience reviewing underwriting results.

Responsibilities

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

Skills

Qualified accountant (ACCA, ACA, CIMA) or equivalent

Significant experience in financial services

Strong financial accounting background

Proficient in MS Excel

Highly analytical with strong attention to detail

Excellent written and verbal communication skills

Proactive mindset towards process improvements

Familiarity with Oracle and TM1

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
• 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

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