Syndicate Accountant

Tokio Marine HCC; London; Hybrid; GBP 40,000 - 65,000; Full time

Job summary

A leading specialty insurer is seeking a Syndicate Accountant to join their team in London. The role focuses on supporting the Lloyd's Syndicate Reporting Team to ensure accurate financial reporting and compliance. Successful candidates will possess substantial insurance accounting experience and a strong knowledge of the London Insurance Market.

Benefits

Competitive salary and employee benefit package

Dynamic work environment with growth opportunities

Qualifications

• Experience in insurance accounting and practical accounting required.
• Knowledge of the London Insurance Market from both Lloyd's and Company perspectives.
• Methodical approach to problem solving needed.

Responsibilities

• Assist with the production of all Lloyd's Syndicate Reporting.
• Support the preparation of interim and year-end statutory accounts.
• Provide analysis of technical and non-technical accounts.

Skills

Insurance Accounting Experience

Practical Accounting

Methodical Problem Solving

Knowledge of London Insurance Market

Excel

Tools

PeopleSoft

Job description

Job Title: Syndicate Accountant

Position Type: Full time, permanent. Hybrid (3 days in office)

Overview:

Why Tokio Marine HCC?

Standing still is not an option in the current world of Insurance. TMHCC are one of the world's leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.

Job Purpose:

• Assist the Lloyd's Syndicate Reporting Team with the accurate and timely production of all Lloyd's Syndicate Reporting.
• Support the Lloyd's Senior Syndicate Accountants in maintaining compliance and ensuring the production of all Syndicate accounting reports in line with regulatory requirements.
• Provide feedback to improve and develop processes and reporting, considering the entire end-to-end accounting process.

Key Responsibilities:

Preparation of Lloyds Reports.

• Support the compilation of all syndicate reporting in line with Lloyd's reporting guidelines and reporting timetable.
• Analysis of technical accounts and non- technical accounts to support audit.
• Support the preparation of the interim and year-end statutory accounts and notes.
• Support the analytical review and commentary of business performance and position by class for management.
• Provide support for the UK GAAP entries posted to the General Ledger on a quarterly basis.
• Support the production of the High-Level Plan (HLP) and the Syndicate Business Plan (SBF)
• Working with the wider Finance Team to understand and improve process to support Lloyd's reporting granularity

Support the Lloyd's Syndicate Reporting Team

• Continually review own objectives in line with team goals.
• Support knowledge sharing within the team.
• Use a collaborative approach when working with others.
• Support a culture of continuous improvement and 'end to end process' thinking.

Other ad-hoc tasks as necessary

• Support the Lloyds Reporting team and wider Finance department on strategic projects as required.

Skills and Experience Specification:

Essential:

• Insurance Accounting Experience.
• Experience in practical accounting.
• Methodical approach to problem solving and decision making.
• Working knowledge of the London Insurance Market from both a Lloyd's and Company Market perspective.
• Excel experience

Desirable:

• Experience of multiple underwriting systems
• General Ledger: PeopleSoft.
• Experience of producing financial reports

Soft Skills:

• Professional approach and delivery of work product.
• Energy, enthusiasm, persistence, and adaptability.
• Focus on timely delivery of quality outputs.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively with both finance and non-finance teams to achieve common goals.
• Drive and commitment to achieve individual, project and team objectives.
• Commitment to self-development

What We Offer

The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.

The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.

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