Syndicate Business Partner – Manager

Liberty Specialty Markets; London; On-site; GBP 55,000 - 95,000; Full time

Job description

Country: United Kingdom of Great Britain and Northern Ireland

Creation Date: 04-Apr-2025

Employment Type: Permanent

Employment Type: Full time

Ref #: 1234571557

Description & Requirements

Role Title: Syndicate Business Partner – Manager

Department: Finance

Team: Finance Performance – LII UK & MENA

Location: London

About the Role:

Finance in Liberty Specialty Markets (LSM) consists of circa 100 FTE and has a number of key roles:

• To partner the business to enhance decision making with a focus on strategy, planning, analysis and reporting. Support is provided both to the management SBUs.
• To ensure that all external financial reporting requirements (statutory, regulatory, tax, capital etc) are fulfilled.
• To provide insightful performance analysis on the LSM legal entities to the Legal Entity Management Committees enabling effective performance planning and management.
• To report to our US Parent on standard monthly requirements and ad-hoc requests on both a pillar and a legal basis.
• To ensure superior management of our investments, cash and all financial risks.
• To give finance operations support to the business and finance.

Finance strives for continuous improvement in all areas and aims for excellent customer service, supported by quality and efficient processes, all operating within a robust control environment.

Key Responsibilities:

• Business Partner key stakeholders on Syndicate 4472 financial performance metrics. Responsible for developing strong relationships with the Executive and Senior Management of the entities and act as the first point of contact for financial management queries.
• Build and maintain a strong working relationship with the Pillar finance teams ensuring all requirements pertaining to the performance management of the Syndicate are accurately defined and communicated in a timely manner.
• In-depth understanding of the Syndicate and the lines of business written on the platform to ensure that monthly financial reporting is fully analysed, understood, challenged and explained to the Executive and Senior management within LII and LMRe.
• Assisting with the delivery of the Syndicate plans; liaising with cross-function stakeholders to ensure the completeness and accuracy of the business plan and complete a full review of the numbers ahead of submission to the Board and Lloyd’s where appropriate. Prepare Board and Management Committee packs including analysis and commentaries highlighting key messages.
• Develop detailed knowledge of the performance of the lines of business and overall entity as a whole, ensuring the UK Syndicate Managing Director is fully appraised of the entity result both on a GAAP and YOA basis.
• Develop a strong understanding of the implications of the entities performance from a regulatory and capital requirement perspective.
• Working closely with the pillar business partners to understand and obtain relevant commentary and rationale for P&L movements for Syndicate Reporting.
• Establish a close working relationship with the Capital Modelling Team and LII and LMRe Group Planning Teams to ensure consistency of plan data where applicable and that deviations from SCR and SBU business plans are fully understood.
• Undertake analysis and respond to questions on financial performance from Lloyd’s, where appropriate.
• Maintain and develop an appropriate model for stakeholder engagement with the wider business.
• Establish an understanding of the other legal entities and close working relationships within the team to enable support of other Business Partners in busy periods.
• Continually working to improve Syndicate process, reporting capability and analysis through the appropriate regulators lens and supporting other functions to meet requirements.
• Support with analysis on ad hoc tasks, projects and other initiatives.
• Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values.

Skills and Experience:

• ACA/ CIMA/ACCA qualified with relevant work experience, preferably in the same or similar role within insurance.
• An in-depth knowledge of insurance accounting and industry knowledge.
• A trusted advisor who is highly skilled at developing key relationships and the ability to quickly build credibility, trust and rapport.
• Highly analytical approach to work to complete detailed analysis with structured, robust approach to data manipulation, interpretation and present findings in a clear and simple manner.
• Ability to consider a variety of data and information sources, approaches and possible outcomes for decision making.
• Ability to ensure metrics and decisions are aligned to strategic priorities and supported by fact-based quantitative and qualitative data.
• A high level of resilience, demonstrating the ability to effectively manage stakeholders and deadlines.
• An excellent communicator with exceptional written and verbal communication skills.
• Experience in stakeholder management, negotiation and influencing skills.
• Demonstrates a good knowledge of risk management and application.
• Demonstrate leadership qualities and facilitation skills to recognise and build cross-functional collaboration.
• Experience of operating in a multi-cultural environment, shows respect and understanding when interacting with individuals from diverse backgrounds.
• Demonstrates strong problem-solving capability and the ability to independently work through and resolve issues.
• Minimum Intermediate MS Excel skills and experience with Microsoft BI, SAP and AnaPlan would be advantageous.

About Liberty Specialty Markets (LSM)

Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

• Offering a vibrant and inclusive environment and committing to their career development.
• Promoting diversity, equity and inclusion (DEI).
• Reinforcing that collaborating together to share our unique perspectives help us make better decisions.
• A supportive culture, which includes promoting a healthy work-life balance and working flexibly.