Syndicate Reporting Accountant - Maternity Cover FTC

Starr Underwriting; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

AEGIS London is seeking a Syndicate Reporting Accountant for a full-time, hybrid position. The role involves preparing regulatory returns, overseeing syndicate financial statements, and enhancing processes within the finance team. The ideal candidate will hold a recognized accounting qualification and have experience in the Lloyd's insurance market.

Qualifications

• Accountant qualified with ACCA/ACA/CIMA.
• Strong IT and analytical skills.
• Knowledge of insurance accounting in Lloyd's market.

Responsibilities

• Prepare and review Lloyds Regulatory returns.
• Assist in the preparation of Lloyds tax returns.
• Communicate with external auditors regarding financial statements.

Skills

Strong analytical skills

Attention to detail

Communication skills

Education

Accountant qualified with recognised body (ACCA/ACA/CIMA)

Tools

Excel

Workday

Phinsys

Clearwater

Job description

Time Type:

Full time

Working Pattern:

Hybrid

Purpose of the Role

AEGIS London is currently seeking a Syndicate Reporting Accountant to join the team on a fixed term basis (Maternity Cover). The Finance Syndicate team is responsible for the timely and accurate preparation and submission of statutory returns to Lloyd’s and other regulatory reporting (including Solvency II) of AEGIS London. The successful candidate will contribute to process enhancement, systems development and other finance projects, and assist with the development of more junior team members.

Duties And Accountabilities

• Prepare and review the following Lloyds Regulatory returns: QMA, QMB, SBF, US Situs, Cad Situs, NAIC, TRIA/FIO, Standard Formula, SBF, QSR, QAD, ASR, AAD, QF1, AF1
• Assist in the preparation of Lloyds tax returns where required
• Oversight of Syndicate reporting timetable and sign off process for each return
• Prepare and review the Syndicate Financial Statements
• Ensure excellent communication is maintained with the external auditors
• Provide evidence and assistance to external auditors as required
• Prepare and present financial commentary to management for review and the subgroup of the Assets & Liability Committee explaining results prior to sign off
• Assist the Syndicate Finance Manager in the Lloyd’s capital setting process, including the annual Syndicate distribution process
• Assist the Syndicate Finance Manager with the Lloyds reporting rationalisation project
• Understand the preparation of Syndicate accounting journal process, including the automated ingestion of data from source data systems (e.g Phinsys / Workday). Ensure understanding and challenge of the data
• Maintain adequate procedures and control environment
• Ensure excellent communication is maintained with other areas of the finance team as well as actuarial and MI teams
• Contribute to other finance team projects and developments as required
• Support and assist the Syndicate Finance Manager
  
  

Skills, Knowledge And Experience

The successful candidate will have/be:

• Accountant qualified with recognised body (ACCA/ACA/CIMA)
• Knowledge of insurance accounting within the Lloyd’s insurance market essential
• Experience with Lloyd’s Core Market Returns website, Market Data Collections website and Lloyd’s overseas reporting systems
• Strong IT skills, especially Excel. Knowledge of Workday and Phinsys desirable.
• Experience with Clearwater desirable
• Strong, clear and well structured written & verbal communication skills
• Strong analytical skills and attention to detail
• Ability to prioritise work to ensure deadlines are met
• Strong organisational skills
• Ability to build and maintain co-operative relationships with team members and colleagues
  
  

AEGIS Values

Fairness and respect

We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions, working collaboratively to create a culture of fairness and respect.

Open and inclusive

We act with integrity, valuing diversity of thought and background. We take time to listen to the needs of our customers, stakeholders and colleagues working together to seek and share information.

Ambitious

We have a passion for success, aspiring to be recognised as best in class. We embrace new opportunities, encouraging innovation in pursuit of our goals.

Striving to be better

We strive to improve at all times, challenging complacency, being agile and adapting to change. We always seek to improve our customers’ experience with us.

Investing in people’s potential

We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.

AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.

It’s important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on [phone] or email [e-mail]

As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential