Senior Syndicate Accountant

JR United Kingdom; London; On-site; GBP 65,000 - 90,000; Full time

Job summary

A global specialty insurer is seeking a Syndicate Accountant to join their team in London. This role involves managing syndicate financial reporting, ensuring compliance with UK GAAP and Solvency II, and collaborating effectively across various financial teams. Candidates should have over 7 years of accounting experience, with a strong background in Lloyd's reporting systems and analytical skills.

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 (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.

Skills

Analytical

Detail-focused

Cross-functional collaboration

Education

ACA/ACCA/CPA or equivalent qualification

Job description

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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.