Syndicate Accountant

HJF Promotional Products; London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A market-leading Lloyd's insurance business is seeking a Syndicate Accountant to join their finance team. This entry-level role involves preparing Lloyd's returns, producing financial reports, and ensuring compliance with reporting standards. Ideal candidates are fully qualified accountants, with knowledge of Solvency II and previous experience in the insurance market.

Qualifications

• Fully qualified accountant or close to qualification.
• Experience in the insurance market preferred.
• Ideal knowledge of Solvency II and Lloyd's reporting.

Responsibilities

• Preparation of Lloyd's returns and financial reporting.
• Maintenance of bank accounts and cash flow monitoring.
• Reconciliation of technical journal entries.

Skills

Knowledge of Solvency II

Lloyd's reporting

Financial reporting

Cash flow forecasting

Education

ACA/ACCA/CIMA

Job description

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A market-leading Lloyd's insurance business is looking for a Syndicate Accountant to join their rapidly growing finance team.

The main responsibilities for this Syndicate Accountant position will include:

• Preparation of Lloyd's returns, including QMA, QMB, and Solvency II reporting, ensuring compliance with Lloyd's standards.
• Production of monthly and quarterly Syndicate financial reports according to established schedules.
• Preparation of the monthly Syndicate P&L and balance sheet reconciliations.
• Monitoring the liquidity position of the Syndicate and improving short-term cash flow forecasting.
• Maintenance of all Syndicate and Group bank accounts and mandates.
• Preparation and reconciliation of technical journal entries related to the Syndicate within set deadlines.

The ideal candidate will have knowledge of Solvency II or Lloyd's reporting, with previous experience in the insurance market, preferably in Lloyd's. Candidates should be fully qualified accountants or close to qualification (ACA/ACCA/CIMA).

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Accounting