Syndicate Senior Accountant

TN United Kingdom; London; On-site; GBP 45,000 - 80,000; Full time

Job summary

Join a forward-thinking global reinsurance provider as a Syndicate Senior Accountant. In this pivotal role, you will be responsible for producing and delivering financial returns to Lloyd’s and other regulatory bodies, while collaborating with a dynamic finance team. Your expertise in the insurance industry and knowledge of the Lloyd’s market will be essential in building systems that streamline data extraction and reporting processes. This role offers an exciting opportunity to contribute to the financial integrity of a leading organization, ensuring compliance and excellence in reporting. If you are a qualified accountant looking to make an impact, this position is for you.

Qualifications

• Qualified Accountant with experience in the insurance industry.
• Strong knowledge of Lloyd's market and financial regulatory landscape.

Responsibilities

• Design and build systems to extract data for Lloyd's returns.
• Produce and deliver financial regulatory and compliance returns.
• Assist in producing syndicate financial results and annual reports.

Skills

Insurance Industry Experience

Lloyd's Market Knowledge

System Skills (Excel, GL)

Analytical Skills

Communication Skills

Project Management Skills

Education

Qualified Accountant

Tools

Excel

General Ledger (GL)

Job description

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As one of the leading global reinsurance and insurance providers, Everest continues to grow throughout Europe and the rest of the world. As an organisation, we maintain discipline and focus on creating long-term value through underwriting excellence and strong risk and capital management. The most valued asset in everything we do is our people.

Summary

As a Syndicate Senior Accountant, you will be responsible for the production and delivery of Lloyd’s financial returns, other financial regulatory and compliance returns to Lloyd’s, FCA/PRA, or equivalent, and group reporting. You will work closely with the wider Everest Insurance finance team to build systems that extract relevant data and include it in the core market returns.

You should be a qualified Accountant with experience in the insurance industry, well-versed in syndicate reporting, and experienced in system implementations.

Key responsibilities:

1. Design and build systems, analysis tools, and spreadsheets to extract data from underwriting and financial systems and upload into the core market returns.
2. Produce and deliver Lloyd’s returns and other applicable financial regulatory and compliance returns according to the Lloyd’s and FCA/PRA timetables.
3. Complete US/CAD trust fund returns.
4. Assist in producing syndicate and related entity financial results and annual reports.
5. Assist in producing other annual reports and accounts for associated Everest syndicate companies.
6. Design and implement key controls over the financial reporting process.
7. Undertake project work, including developing new processes and implementing change.
8. Contribute to successful audit outcomes by internal and external auditors.
9. Reconcile syndicate ledgers, including cashbooks to bank accounts, regulatory, and situs funds.
10. Process technical and non-technical accounting ledger entries, invoices, and bank payments.

Qualifications, Education & Experience:

• Experience working in the insurance industry.
• Excellent knowledge of the Lloyd’s market, the financial and regulatory landscape, and core market returns and reporting forms required by Lloyd’s (and FCA/PRA where applicable).
• Strong system skills (Excel, GL, etc.) to extract relevant data and present it within Lloyd’s returns.
• Ability to analyze and self-audit forms, liaising with underwriting teams to verify data.
• Good communication skills, with the ability to interact at all levels.
• Project management, prioritization, and time management skills.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders, and communities. We pride ourselves on a unique and inclusive culture driven by shared values and behaviors. Click to learn more about our culture.

Our Values

Our values guide our decisions, actions, and behaviors: Talent, Thoughtful risk-taking, Execution, Efficiency, Humility, Leadership, Collaboration, Diversity, Equity, and Inclusion.

Our Colleague Behaviors

Our behaviors define how we operate and interact regardless of location, level, or function: Respect everyone, Pursue better, Lead by example, Own our outcomes, Win together.