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For Companies At a Glance
- Tasks: Manage general ledger, prepare financial reports, and collaborate with various teams.
- Company: Join a dynamic insurance company making waves in the industry.
- Benefits: Enjoy a collaborative work environment and opportunities for professional growth.
- Why this job: Make a real impact while working on exciting projects in a supportive team.
- Qualifications: Experience in insurance and ACA/ACCA qualification required; familiarity with software is a bonus.
- Other info: This is a 12-month fixed-term contract with potential for future opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Are you ready to take your career to the next level in the exciting world of insurance? We are seeking a motivated and detail-oriented Syndicate Accountant to play a pivotal role in our Syndicate Reporting team. This is an incredible opportunity to work in a collaborative environment where your contributions will make a real impact!
Key Responsibilities:
- General Ledger Management: Take charge of maintaining and preparing the Syndicate UK GAAP general ledger and ETB, including the preparation and posting of journals.
- Financial Reporting: Be instrumental in the planning and preparation of our quarterly Lloyd's Flash Reports, as well as our half-year and annual Financial Statements.
- Cross-Functional Collaboration: Work closely with our Actuarial, Tax, and Treasury teams, and liaise with External Auditors to ensure seamless reporting processes.
- Regulatory Returns: Prepare essential returns such as RRQ, RRA, QF1, and US and Canadian Trust returns, ensuring compliance and accuracy.
- Process Improvement: Contribute to the ongoing development and enhancement of our Syndicate Reporting processes, driving efficiency and effectiveness.
- Project Support: Engage in exciting project work that supports our strategic goals and initiatives.
- Ad-Hoc Tasks: Be flexible and ready to support any other Lloyd's returns or ad-hoc tasks as required.
Qualifications
What We're Looking For:
- Experience: Previous experience in the insurance industry, preferably within a Lloyd's Syndicate.
- Qualifications: ACA or ACCA qualified or part qualified.
- Desirable Skills: Familiarity with Peoplesoft and FSassist software is a plus!
Syndicate Accountant (12-Month Fixed Term Contract) employer: Chubb
Contact Detail:
Chubb Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Accountant (12-Month Fixed Term Contract)
✨Tip Number 1
Network with professionals in the insurance industry, especially those who work within Lloyd's Syndicates. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the role.
✨Tip Number 2
Familiarise yourself with the specific software mentioned in the job description, such as Peoplesoft and FSassist. Consider taking online courses or tutorials to boost your confidence and demonstrate your commitment to learning.
✨Tip Number 3
Prepare to discuss your experience with general ledger management and financial reporting during the interview. Think of specific examples where you successfully managed these tasks and how they contributed to your previous team's success.
✨Tip Number 4
Showcase your ability to collaborate across departments by preparing examples of past experiences where you worked with different teams, such as Actuarial or Tax. Highlight how your contributions improved processes or outcomes.
We think you need these skills to ace Syndicate Accountant (12-Month Fixed Term Contract)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the insurance industry, particularly any roles within a Lloyd's Syndicate. Emphasise your qualifications, such as ACA or ACCA, and any familiarity with software like Peoplesoft and FSassist.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for the role and how your skills align with the key responsibilities listed in the job description. Mention your experience with financial reporting and cross-functional collaboration to demonstrate your fit.
Highlight Relevant Achievements: In both your CV and cover letter, include specific examples of past achievements that relate to general ledger management, regulatory returns, or process improvement. This will help illustrate your capability to contribute effectively to the Syndicate Reporting team.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a role in accounting.
How to prepare for a job interview at Chubb
✨Know Your Numbers
As a Syndicate Accountant, you'll be dealing with financial reports and general ledgers. Brush up on your accounting principles and be prepared to discuss your experience with UK GAAP and any relevant software like Peoplesoft.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams. Be ready to share examples of how you've successfully collaborated with others in past roles, especially with Actuarial, Tax, or Treasury teams.
✨Prepare for Technical Questions
Expect questions about regulatory returns and compliance. Familiarise yourself with the specific returns mentioned in the job description, such as RRQ and RRA, and be prepared to explain your experience with them.
✨Demonstrate Process Improvement Mindset
The company values efficiency and effectiveness. Think of instances where you've contributed to process improvements in your previous roles and be ready to discuss these during the interview.
