Syndicate Accountant

Wise May Ltd; City Of London; Hybrid; GBP 100,000 - 110,000; Full time

Benefits offered by this job

Salary £100k-£110k

Hybrid working

Lloyd's Market exposure

Collaborative environment

Job summary

Wise May Ltd. in partnership with a leading Lloyd's Market insurer requires an experienced Syndicate Accountant for a fixed-term year-end focus. You will manage financial reporting, statutory accounts and balance sheet reconciliations, with involvement in regulatory reporting and process improvements.

The ideal candidate is a fully qualified ACA/ACCA, with 3+ years in Lloyd's syndicate accounts and strong technical knowledge of insurance and reinsurance. Hybrid working is offered.

Qualifications

• Fully qualified accountant (ACA/ACCA or equivalent).
• Minimum 3 years' experience in technical P&L and balance sheet reconciliations in insurance.
• Strong technical accounting knowledge of insurance and reinsurance transactions.
• Understanding of Lloyd's Syndicate reporting requirements.
• Experience with UK GAAP and Solvency II reporting.
• Strong accounting systems knowledge and financial controls.
• Excellent analytical skills with attention to detail.
• Ability to document processes, controls and procedures to a high standard.
• Knowledge of Lloyd's systems and reporting requirements.

Responsibilities

• Support preparation and delivery of Annual Accounts and Underwriting Accounts for Lloyd's syndicates.
• Coordinate Managing Agents Reports and year-end disclosures.
• Lead balance sheet reconciliations across technical insurance accounting areas.
• Produce technical accounting papers and documentation for key judgements.
• Review and improve financial reporting processes, controls and documentation.

Skills

Fully qualified accountant

3+ years insurance experience

Technical accounting

Lloyd's Syndicate reporting

UK GAAP & Solvency II

Accounting controls

Analytical skills

Documentation of processes

Lloyd's systems familiarity

Job description

Wise May are working with a leading Lloyd's Market insurance business to recruit an experienced Syndicate Finance Contractor on a fixed-term basis to support a busy finance team through a critical year-end reporting period.

This is an excellent opportunity for a technically strong, fully qualified accountant with Lloyd's Syndicate experience to join a highly respected underwriting organisation and play a key role across financial reporting, statutory accounts, balance sheet reconciliations, regulatory reporting, and process improvement projects.

Syndicate Accountant duties Include:

• Supporting the preparation and delivery of Annual Accounts and Underwriting Accounts for Lloyd's syndicates
• Coordinating Managing Agents Reports and year-end disclosures
• Leading detailed balance sheet reconciliations across technical insurance accounting areas including reinsurance debtors, creditors, reserves and loss portfolio transfers
• Producing technical accounting papers and documentation to support key accounting judgements and provisions
• Reviewing and improving existing financial reporting processes, controls and documentation

Syndicate Accountant skills requiresd:

• Fully qualified accountant (ACA, ACCA or equivalent)
• Minimum 3 years' experience preparing technical P&L and balance sheet reconciliations within an insurance environment
• Strong technical accounting knowledge of insurance and reinsurance transactions
• Detailed understanding of Lloyd's Syndicate reporting requirements
• Experience producing UK GAAP and Solvency II reporting
• Strong understanding of accounting systems and financial controls
• Excellent analytical skills with exceptional attention to detail
• Ability to document processes, controls and procedures to a high standard
• Knowledge of Lloyd's systems and reporting requirements

Benefits:

• Competitive salary equivalent of £100,000 - £110,000
• Hybrid working arrangement
• Opportunity to work with a leading Lloyd's Market insurer
• High-profile year-end and transformation project exposure
• Collaborative and professional working environment