Syndicate Finance

High Finance (UK) Limited T/A HFG; City Of London; On-site; GBP 78,000 - 112,000; Full time

Job summary

High Finance (UK) Limited T/A HFG is seeking a Syndicate Accountant for a 6-month contract. The role focuses on Lloyd's reporting, including QMA/QMB and Solvency II, with responsibility for Managing Agents Reports and period-end financials.

The candidate should be a fully qualified accountant or near qualification (ACA/ACCA/CIMA) with experience in the Lloyd's market and strong balance sheet control. The position is based in London and involved in liquidity monitoring and cash-flow forecasting.

Qualifications

• Knowledge of Solvency II reporting or Lloyd's reporting.
• Experience in Lloyd's market and reporting processes.
• ACA/ACCA/CIMA qualification or close to qualification is required.

Responsibilities

• Prepare Lloyd's returns (QMA, QMB) and Solvency II reporting.
• Coordinate and complete Managing Agents Reports.
• Produce monthly and quarterly Syndicate financial reporting within set time tables.
• Consolidate Schedule 3 Reporting/Annual Accounts/Underwriting Accounts.
• Monitor liquidity and improve short-term cash flow forecasting.
• Maintain Syndicate and Group bank accounts and mandates.
• Review Balance Sheet accounts to strengthen documentation.

Skills

Solvency II knowledge

Education

Fully qualified accountant or near ACA/ACCA/CIMA

Job description

A market leading Lloyd's insurance business are looking for Syndicate Accountant to join their rapidly growing finance team on a 6 month basis

The main responsibilities for this Syndicate Accountant position will be to:

• Preparation of Lloyd's returns including QMA, QMB and Solvency II reporting ensuring these are prepared in accordance with Lloyd's
• Coordination and completion of Managing Agents Reports
• Production of monthly and quarterly Syndicate financial reporting in accordance with established time tables
• Schedule 3 Reporting/Annual Accounts/Underwriting Accounts consolidation work
• Monitoring the liquidity position of the Syndicate and improve the short-term cash flow forecasting
• Maintenance of all Syndicate and Group bank accounts and mandates
• Full review of all Balance Sheet accounts to identify areas to strengthen documentation/support over account balances

The successful candidate for this Syndicate Accountant will need to have a knowledge of Solvency II or Lloyd's reporting and have previous experience working in the the Lloyd's ,market. The candidate will also need to be either fully qualified accountant or be close to qualification (ACA/ACCA/CIMA).