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For Companies At a Glance
- Tasks: Prepare financial reports and ensure compliance with Lloyd's standards.
- Company: Join HJF Promotional Products, a leading player in the Lloyd's insurance market.
- Benefits: Enjoy a full-time role with opportunities for growth in a dynamic finance team.
- Why this job: Be part of a rapidly growing company that values innovation and teamwork.
- Qualifications: Ideal candidates are qualified accountants or nearing qualification with insurance experience.
- Other info: This is an entry-level position perfect for recent graduates or those looking to start their career.
The predicted salary is between 30000 - 42000 £ per year.
A market-leading Lloyd's insurance business is looking for a Syndicate Accountant to join their rapidly growing finance team. The main responsibilities for this Syndicate Accountant position will include:
- Preparation of Lloyd's returns, including QMA, QMB, and Solvency II reporting, ensuring compliance with Lloyd's standards.
- Production of monthly and quarterly Syndicate financial reports according to established schedules.
- Preparation of the monthly Syndicate P&L and balance sheet reconciliations.
- Monitoring the liquidity position of the Syndicate and improving short-term cash flow forecasting.
- Maintenance of all Syndicate and Group bank accounts and mandates.
- Preparation and reconciliation of technical journal entries related to the Syndicate within set deadlines.
The ideal candidate will have knowledge of Solvency II or Lloyd's reporting, with previous experience in the insurance market, preferably in Lloyd's. Candidates should be fully qualified accountants or close to qualification (ACA/ACCA/CIMA).
Syndicate Accountant employer: HJF Promotional Products
Contact Detail:
HJF Promotional Products Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Accountant
✨Tip Number 1
Familiarise yourself with Lloyd's reporting standards and Solvency II regulations. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working within Lloyd's. Attend relevant events or join online forums to gain insights and potentially get referrals.
✨Tip Number 3
Brush up on your technical accounting skills, particularly in preparing financial reports and reconciliations. Being able to discuss specific examples of your experience in these areas can set you apart from other candidates.
✨Tip Number 4
Research HJF Promotional Products thoroughly. Understanding their business model and recent developments can help you tailor your conversation during interviews and show genuine interest in the company.
We think you need these skills to ace Syndicate Accountant
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and requirements for the Syndicate Accountant position. Highlight any specific skills or experiences you have that align with these.
Tailor Your CV: Customise your CV to reflect your relevant experience in accounting, particularly in Lloyd's reporting and Solvency II. Use keywords from the job description to make your application stand out.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention your qualifications (ACA/ACCA/CIMA) and any relevant experience that makes you a strong candidate for the position.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an accounting role.
How to prepare for a job interview at HJF Promotional Products
✨Know Your Numbers
As a Syndicate Accountant, you'll be dealing with financial reports and compliance. Brush up on your knowledge of Lloyd's returns, Solvency II reporting, and the specific metrics that are crucial for this role. Being able to discuss these confidently will impress your interviewers.
✨Demonstrate Your Experience
Highlight any previous experience you have in the insurance market, especially within Lloyd's. Be prepared to share specific examples of how you've handled financial reporting or reconciliations in past roles, as this will show your practical understanding of the job.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's financial strategies or their approach to compliance with Lloyd's standards. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
✨Showcase Your Qualifications
If you're a fully qualified accountant or close to qualification, make sure to mention this early in the conversation. Discussing your ACA, ACCA, or CIMA status can help establish your credibility and commitment to the profession.
