Syndicate Accountant

Tokio Marine Kiln group; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading underwriting firm seeks a Syndicate Accountant to join their Finance team in London. The role involves ensuring accurate financial reporting for managed Syndicates, supporting regulatory returns, and improving operational processes. Ideal candidates are qualified accountants with Lloyd's insurance knowledge and strong communication skills.

Benefits

Flexible working arrangements

Inclusion network groups

CSR and charitable activities

Qualifications

• Qualified accountant with Lloyd's/Insurance reporting knowledge.
• Excellent communication and organisational skills.
• Team player with experience in financial reporting.

Responsibilities

• Monthly maintenance of syndicates' ledgers for accuracy.
• Production of annual and quarterly syndicate regulatory returns.
• Liaise with internal and external auditors.

Skills

Communication

Organisational skills

Team player

Education

Qualified accountant

Job description

We have the opportunity for a Syndicate Accountant to join our Finance team here at Tokio Marine Kiln. Reporting into the Syndicate Finance Manager, the role will support timely and accurate financial reporting and associated control activities relating to TMK’s managed Syndicates to ensure all internal and external reporting requirements are met. Alongside the Syndicate Finance Manager, the role will also be responsible for ensuring that syndicate transactions are accounted for correctly and will work closely with key stakeholders across the business to ensure that operational improvements arising from the Future at Lloyd’s Strategy and the Lloyd’s Reporting Rationalisation projects are appropriately embedded into the syndicate close process.

This role includes responsibility for:

Monthly maintenance of the syndicates’ ledgers for accuracy and completeness

Production and timely submission of annual and quarterly syndicate regulatory returns

Production and timely submission of the Solvency II returns for the syndicate platform

Production of quarterly analytical review and commentary on the reported performance and position of the syndicates

Implement new processes to ensure that any reporting changes from Lloyd's and other internal or external parties are delivered efficiently

Assist in the development of systems and databases to increase efficiency and the level of automation

Ensure that all financial reporting controls are documented and evidenced for review

Critically review information received by other departments for inclusion in syndicate financial returns

Ad hoc departmental duties as required

Liaise with internal and external auditors

Support the career development of other team members by providing coaching and guidance over changes to financial reporting standards and other ad-hoc accounting matters.

It is essential that the successful candidate is a qualified accountant who has Lloyd's/Insurance reporting and accounting knowledge. We are looking for someone who is a team player that has excellent communication and organisational skills.

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The successful candidate will be welcomed into the TMK family to help us further our purpose of enabling our clients to fulfil their ambitions whilst benefiting society and our people. We are committed to ensuring a safe, open, inclusive and empowering environment in which all of our people can thrive. All employees have the opportunity to join one or a number of inclusion network groups or take part in CSR and charitable activities. TMK is signed up to the Disability Confident Employer Scheme and we also accommodate flexible working, subject to the TMK flexible working policy.

As an underwriting firm with over 140 years’ experience of protecting clients from changing risks we put our confidence in the ability and talent of our people. We aim to be a ‘Good Company’ and this means being a great and inclusive company to do business with and being a great place to work. Our culture is founded on our core values of empowerment, inclusion, excellence, integrity, teamwork and innovation. We seek to recruit the best talent by endeavouring to reach diverse talent pools, offering dynamic working arrangements and investing in development.

To make your experience as comfortable as possible, please let us know if you require any reasonable adjustments or additional assistance during your application process. At Tokio Marine Kiln we are here to support you, please be reassured that we will do all that we can to ensure that your specific needs are met. Please reach out to [e-mail] in confidence, to discuss any specific assistance or requirements that you have.

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