Senior Syndicate Accountant

Everest Insurance; London; Hybrid; GBP 65,000 - 85,000; Full time

Job summary

A global risk management leader in London seeks a Senior Syndicate Accountant to join the Syndicate Accounting team. Responsibilities include handling general ledger close, regulatory reporting, and collaborating with various departments. The ideal candidate holds a Bachelor's degree in Accounting and has knowledge of the Lloyd's market. The role allows a hybrid work model with two remote days per week.

Qualifications

• Strong understanding of Lloyd's syndicate operations and regulatory reporting.
• Experience with financial accounting and control principles.
• Familiarity with underwriting and claims administration systems.

Responsibilities

• Assist in the general ledger close for the Syndicate and legal entities.
• Identify and act on opportunities to improve accounting and reporting processes.
• Collaborate with departments for financial processes and change initiatives.

Skills

Attention to detail

Communication skills

Knowledge of Lloyd's market

Self-motivation

Education

Bachelor's degree in Accounting, Finance, or related field

Qualified accountant (ACA, ACCA, CIMA or equivalent) or working towards it

Tools

Oracle ERP

Microsoft Office

Job description

Overview

Title: Senior Syndicate Accountant

Company: Everest Advisors (Uk), Ltd.

Job Category: Finance

About Everest

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

About the Role

Everest (re Syndicate 2786) is looking for you—a highly skilled and experienced Senior Syndicate Accountant—to join our team. In this role, you\'ll be part of the Syndicate Accounting team, where you\'ll play a key part in ensuring the accurate and timely completion of syndicate group and regulatory reporting requirements. You\'ll also support reporting for related legal entities, including the Service Company, Corporate Member, and Managing Agent.

To thrive here, you\'ll need a strong understanding of Lloyd\'s syndicate operations, regulatory reporting, financial accounting, and control principles. If you\'re ready to bring your expertise to a dynamic and collaborative environment, we\'d love to hear from you.

This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.

Role & Responsibilities

• You will assist in the general ledger close for the Syndicate and its related legal entities, ensuring accurate Group reporting under US GAAP and local reporting under UK GAAP. This includes handling transactional processing—such as invoices, bank activity, and inter-company transactions—as well as posting general ledger journals, both manually and via interface.
• Identify and act on opportunities to improve existing accounting and reporting processes, implementing best practices to boost efficiency and accuracy.
• Maintain and, where necessary, strengthen controls over general ledger account balances. You\'ll ensure accurate recording across years of account and business classes, and perform timely reconciliations of bank accounts, technical accounts, and other balance sheet items.
• Collaborate with departments like IT, Underwriting, Claims, Credit Control, and Reinsurance to support financial processes and change initiatives.
• Support the implementation of the XLPro interface for the Syndicate\'s ceded results into the general ledger. You\'ll create and run controls, and post assumed results into the ledger of Group affiliate reinsurers.
• Contribute to ad-hoc projects as needed, bringing flexibility and insight to evolving priorities.
• Partner with other Finance teams—including FP&A, Tax, Actuarial, Treasury, and Group Head Office—to support analysis, planning, and reporting activities.
• Participate in audits of the Syndicate and related entities, liaising with internal and external auditors and providing documentation, analysis, and clear explanations.
• Offer support to your colleagues in the Finance and Syndicate Reporting teams, fostering a collaborative and high-performing environment.

Qualifications

• You hold a bachelor\'s degree in Accounting, Finance, or a related field. Ideally, you\'re a qualified accountant (ACA, ACCA, CIMA, or equivalent), or working toward that designation.
• You understand the financial and regulatory landscape and can navigate it with confidence.
• You have excellent knowledge of the Lloyd\'s market, including Xchanging and LCA processes.
• You\'ve worked closely with underwriting and claims teams, and you\'re familiar with the policy and claims administration systems they use.
• You bring strong attention to detail and a high level of accuracy to everything you do.
• You\'re proficient in Microsoft Office.
• You communicate clearly and effectively, and you\'re confident interacting with stakeholders at all levels.
• You\'re self-motivated and capable of working independently, but you also thrive in a team environment.
• Experience with Oracle ERP is a plus.
• If you\'re familiar with core market returns (CMR), market data collection (MDC), and the reporting forms required by Lloyd\'s—and by the FCA/PRA where applicable—that\'s a definite advantage.

Note: What if I don\'t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. If you are excited about this role but your past experience doesn\'t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Other Details

Type: Regular

Time Type: Full time

Primary Location: London

Additional Locations:

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