Syndicates Financial Controller

Talbot Underwriting Services Ltd (TS1); City Of London; On-site; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Total Rewards Program

Job summary

Talbot Underwriting Services Ltd (TS1) is seeking a Financial Controller to lead the Syndicate Finance team responsible for Lloyd’s reporting, UK GAAP and US GAAP outputs. You will drive accuracy, control frameworks and timely group and regulatory reporting for Talbot’s managed syndicates.

The role requires 5+ years post-qualification insurance experience, strong leadership, and excellent stakeholder management.

Qualifications

• Five+ years post-qualification experience in insurance, including Lloyd’s experience and leading a finance team.
• Strong knowledge of US and UK GAAP, Solvency UK and Lloyd’s reporting rules.
• Strong financial processes and controls understanding.
• Knowledge of Lloyd’s accounting and processes.
• Proven team management and stakeholder engagement skills.
• Proficient IT skills including General Ledgers and data warehouses.

Responsibilities

• Lloyd’s financial reporting and controls for Talbot managed syndicates.
• Deliverables include US GAAP reporting to AIG and UK GAAP Lloyd’s reporting with financial statements and solvency submissions.
• Manage the Syndicate Finance team.
• Coordinate with internal/external stakeholders including external auditors.
• Support and drive Syndicate Finance objectives and close/control enhancements.
• Own SOX controls, data governance journeys and source ownership for financial reporting.
• Interact with finance systems such as the Talisman Data Warehouse.

Skills

Lloyd’s reporting

GAAP knowledge

Team leadership

Stakeholder management

Financial analysis

IT skills

Tools

Talisman Data Warehouse

Job description

Join us as the Syndicate Financial Controller to take your career to the next level with a global market leader.

How you will create an impact This is an exciting opportunity to be Financial Controller of Talbot’s managed syndicates at Lloyd’s and lead an established Syndicate Finance team. The purpose of this role is to lead the Syndicate Finance team and ensure that the Syndicate reporting (group and regulatory) is completed accurately and to deadline and that the underlying financial accounting processes operate efficiently and effectively.

Key responsibilities

• Lloyd’s financial reporting and controls for the Talbot managed syndicates.
• Key deliverables include: US GAAP reporting to AIG, including SAP ledger close UK GAAP Lloyd’s reporting including annual and interim Financial Statements Solvency submissions International returns including SITUS, NAIC and TRIA returns Syndicate Tax returns Other Lloyd’s returns as required (Flash, QMB, RRQ, RRA etc.)
• Management of the Syndicate Finance team.
• Coordination of internal and external stakeholders for Syndicate financial reporting, including external auditors.
• Support and drive Talbot Syndicate Finance objectives and priorities, including close and control enhancements.
• Owner of Syndicate Finance related SOX controls, Data Governance journeys and Source Owner for financial reporting.
• Key stakeholder for finance systems including the Talisman Data Warehouse.
• Attendance at applicable Committees, including Audit and Reserve Committees.

What you’ll need to succeed

• At least five years post-qualification experience in the insurance industry including experience of Lloyd’s and leading a finance team.
• Good knowledge of US and UK GAAP, Solvency UK and Lloyd’s reporting rules.
• Good knowledge of financial processes and controls.
• Good knowledge of Lloyd’s accounting and processes.
• Good team management skills.
• Strong communication and stakeholder management skills.
• Good analytical skills.
• Good IT skills (incl. General Ledgers/Data warehouses and Microsoft applications).
• #LI-AIG

Why work at AIG?

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

• Enjoy benefits that take care of what matters At AIG, our people are our greatest asset.
• We know how important it is to protect and invest in what’s most important to you.
• That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development to bring peace of mind to you and your family.

About AIG

Reimagining insurance to make a bigger difference to the world American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks.

It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers.

At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential.

We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals.

We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion.

The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

Diversity & Inclusion

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.

If you believe you need a reasonable accommodation, please send an email to [e-mail].

Functional Area: FA - Finance

Talbot Underwriting Services Ltd (TS1) As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible.

We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation.

When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together.

We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Join our Talent Community.

Additional information about AIG can be found at www.aig.com | YouTube | Instagram| LinkedIn.