Syndicate Accountant

Galejay Limited; Greater London; Hybrid; GBP 65,000 - 90,000; Full time

Job summary

Galejay Limited, a Lloyd's managing agency in London, is seeking an experienced Syndicate Accountant to join the finance team. The role focuses on Lloyd's regulatory reporting, data integrity, and ongoing improvements across finance within a run-off environment.

You will produce Lloyd's regulatory returns, support financial reporting data quality, and contribute to process enhancements in a hybrid London-based role with around 40% office presence.

Qualifications

• Extensive experience preparing Lloyds regulatory returns.
• Strong knowledge of Lloyds reporting requirements and regulatory applications.
• Excellent technical insurance accounting knowledge.

Responsibilities

• Prepare finance regulatory returns for Lloyds and other regulators in accordance with internal and published reporting deadlines.
• Produce returns including QMA Delta, Solvency UK, US Situs and CAD Situs.
• Develop a detailed understanding of the data flows supporting the general ledger and wider financial reporting.
• Take ownership of cash, overseas deposits and Lloyds settlement journals.
• Prepare and review relevant Lloyds tax returns.
• Improve the quality, accuracy and speed of financial reporting through the effective use of systems and data tools.
• Challenge existing finance processes and identify opportunities for improvement.

Skills

Lloyds regulatory returns

Syndicate accounting

Financial reporting

Tools

Sun accounting software

Vision Q&A

Job description

A specialist Lloyd s managing agency is seeking an experienced Syndicate Accountant to join its London-based finance team. The business manages discontinued insurance and reinsurance portfolios and offers the opportunity to work within an established run-off environment.

The Syndicate Accountant will be responsible for producing Lloyd s regulatory returns, maintaining the integrity of financial reporting data and supporting improvements across the finance function.

The role offers hybrid working, with approximately 40% of working time spent in the London office. Flexible working arrangements will also be considered.

Key responsibilities:

• Prepare finance regulatory returns for Lloyd s and other regulators in accordance with internal and published reporting deadlines.
• Produce returns including QMA Delta, Solvency UK, US Situs and CAD Situs.
• Develop a detailed understanding of the data flows supporting the general ledger and wider financial reporting.
• Take ownership of cash, overseas deposits and Lloyd s settlement journals.
• Prepare and review relevant Lloyd s tax returns.
• Improve the quality, accuracy and speed of financial reporting through the effective use of systems and data tools.
• Challenge existing finance processes and identify opportunities for improvement.

Skills and experience required:

• Extensive experience preparing Lloyd s regulatory returns.
• Strong knowledge of Lloyd s reporting requirements and regulatory applications.
• Excellent technical insurance accounting knowledge.
• Previous experience working as a Syndicate Accountant, Lloyd s Accountant or within a closely related London Market accounting role.
• A strong understanding of general ledger data flows and financial reporting processes.
• Experience working accurately to demanding regulatory deadlines.
• Advanced Microsoft Office and data manipulation skills.
• Strong written and verbal communication skills.
• The ability to challenge established processes and improve finance activities.

Experience using Sun accounting software and Vision Q&A would be advantageous but is not essential.

This is an excellent opportunity to join a specialist Lloyd s business in a role offering direct responsibility for regulatory returns, syndicate reporting and continued improvements across the finance function.