Syndicate Reporting Manager

HFG; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A London-based re-insurer is seeking a Syndicate Reporting Manager to oversee the timely and accurate closing of accounting ledgers and prepare regulatory returns. The role requires a qualified accountant with over 7 years of experience in the insurance market, particularly within the Lloyd's Market. Responsibilities include leading the quarterly close process and managing the financial analysis for group reporting.

Qualifications

• Must be a qualified accountant (ACA or ACCA) or qualified by experience.
• 7+ years experience within the insurance market, preferably in the Lloyd's Market.
• Experience in production of UK GAAP Financial statements.

Responsibilities

• Complete all aspects of the quarterly close process and present ledgers in accordance with UK GAAP.
• Prepare and manage the quarter end close timetable.
• Liaise with external auditors to ensure timely submissions to regulatory bodies.

Skills

Qualified accountant (ACA or ACCA)

Experience in the insurance market

Experience in completing Lloyd's regulatory returns

Sound understanding of current insurance industry standards

Job description

HFG are currently partnering with a London market re-insurer in search for their next Syndicate Reporting Manager. This role is part of the Syndicate Finance team and is responsible for the timely and accurate close of the accounting ledgers, along with the preparation and submission of regulatory returns for the Syndicates. Working closely with the Syndicate Controller proactive interaction with other functions across on all financial reporting matters to ensure all reporting deliverables and met within the deadlines set.

Responsibilities

• Complete all aspects of the quarterly close process and present the ledgers in accordance with UK GAAP
• Responsible for review of all Balance Sheet and P&L reconciliations
• Responsible for the preparation and management of the quarter end close timetable
• Responsible for the preparation and delivery of financial analysis and performance as required by group
• Develop and enhance the existing controlled accounting environment around ledger population and regulatory reporting
• Liaise with external auditors to ensure regulatory submission are signed and submitted to the regulatory bodies within the desired timelines

Qualifications

• Qualified accountant (ACA or ACCA) or qualified by experience
• Experience within the insurance market for 7+ years preferably in the Lloyd\'s Market
• Experience in the completion of Lloyd\'s regulatory returns
• Experience in the production of UK GAAP Financial statements preferable in the Lloyd\'s Market
• Experience in the close process of a multi-currency ledger structure (Preferable Sun)
• Sound understanding of current insurance industry standards and external statutory and regulatory reporting requirements on both GAAP and Solvency