Syndicate Finance Manager

HFG; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading London insurer is seeking a Syndicate Finance Manager to oversee regulatory reporting and manage a finance team. Responsibilities include preparing statutory accounts, leading the Lloyd's reporting team, and ensuring compliance with financial reporting standards. Ideal candidates will have strong financial knowledge, analytical skills, and a keen attention to detail. This position offers the chance to contribute significantly to the financial operations of a prestigious organization.

Qualifications

• Knowledge of financial reporting requirements and GAAP principles.
• Understanding of Lloyd's and UK regulatory reporting for specialty insurance.
• Ability to implement internal control processes and procedures.

Responsibilities

• Ownership of all regulatory reporting outputs for the syndicates.
• Lead the Lloyd's reporting team in production of regulatory returns.
• Manage a team of 3 finance professionals.

Skills

Financial reporting knowledge

Analytical skills

Attention to detail

Job description

HFG are currently working with a leading London insurer in search of their next Syndicate Finance Manager. The role will be responsible for performing monthly accounting close functions through applying accounting policies, and presents financial results to senior management. The role is to assist the production of regulatory reporting on a UK GAAP and Solvency II basis.

Responsibilities

• Ownership of all regulatory reporting outputs for the syndicates, including QMA, QMB, QSR, SII, QF1/AF1, RRQ/A, US Reporting, Canadian Reporting, FCA/PRA reporting, statutory accounts, distribution files, taxation reporting, working closely with the wider finance team to put the supporting information together
• Lead the Lloyd's reporting team in the production of quarterly, half yearly and annual Lloyd's regulatory returns, including Solvency II Pillar 3 reporting, overseeing accurate and timely production
• Complete the preparation, review and submission of external regulatory & internal management & 'Group' reports
• Work cross-functionally with parties involved in the delivery of regulatory returns, in particular Finance Operations, Actuarial and wide Strategy and FP&A team, to ensure the end result is delivered in the timeframe and within standards required
• Statutory accounts and underwriting year accounts completion
• Provides assistance, to the completion of Solvency II reporting - QSR, QAD and ASR reporting
• Managing a team of 3

Qualifications

• Knowledge of financial reporting requirements, and GAAP and Statutory Accounting Principles
• Lloyd's & other UK regulatory reporting for specialty insurance
• Ability to understand and apply financial reporting practices and procedures, and implement internal control processes
• Solid understanding of month-end close process and account analysis
• Good analytical, problem solving, and decision-making skills. High degree of accuracy and attention to detail