At a Glance
- Tasks: Manage complex accounting transactions and ensure compliance with UK and US GAAP.
- Company: Join Atrium, a historic insurer with a client-first approach and a collaborative culture.
- Benefits: Flexible working arrangements, competitive salary, and opportunities for professional growth.
- Other info: Diversity, Equity, and Inclusion are at the heart of our hiring process.
- Why this job: Be part of a team that values your input and helps you grow in your career.
- Qualifications: Qualified Accountant with experience in the Lloyd's market and knowledge of compensation packages.
The predicted salary is between 55000 - 65000 £ per year.
In a world of constant change, you need an insurer who has stood the test of time. Our reputation is built on consistency, expertise, and a client-first approach. We manage Syndicate 609, one of the oldest syndicates at Lloyd’s, with a history going back to the 1930s. Our longevity reflects the strength of our underwriting discipline, the depth of our relationships, and our ability to adapt to the evolving needs of our clients and the wider insurance marketplace.
We are committed to creating an environment where people learn, grow, and follow what they’re passionate about. Our culture encourages staff to feel confident in making decisions at any stage of their career and do work that makes them proud, knowing they’re playing a valuable role in shaping the success of the business.
Role
We are looking for an experienced accountant operating within the Lloyd's market to join our finance team to take ownership of developing financial and regulatory returns for our associated entities.
Description
- Review of complex accounting transactions.
- Review of changes to accounting standards and assessment of the impact on all group company financial statements.
- Produce technical accounting papers to support the accounting treatment of complex transactions and changes to US and UK accounting standards.
- Ensure all transactions are recorded in accordance with relevant accounting standards under both UK and US GAAP (where relevant).
- Accounting for Lloyd’s corporate member with multiple Syndicate participations and quota-share reinsurance arrangements.
- Comprehensive understanding and ownership of the Atrium Group’s accounting for employee compensation arrangements, including equity awards and profit share calculations.
- Collaborate with the wider Atrium Group Reporting team to understand the transactions within the ledgers and ensure smooth monthly and quarterly close processes.
- Contribute to the monthly reporting to US parent company, with timely completion of financial reporting and analysis of coverholder results.
- Preparation of the quarterly consolidation for the Northshore Group.
- Preparation of quarterly consolidated board packs for the Northshore Group.
- Analysis and interpretation of results, presenting findings, and reporting to management.
- Preparation of quarterly management accounts for in-house coverholder and Lloyd’s corporate member.
- Review of quarterly management accounts for various Atrium group subsidiary entities.
- Delivery of statutory accounts for in-house coverholder and Lloyd’s corporate member.
Management
- Line manager responsibilities.
- Responsible for training, developing, and reviewing work, conducting regular performance evaluations, and ensuring timely, high-quality completion of tasks and achievement of development goals.
Audit & Compliance
- Maintain the relationship with the external auditors.
- Ensure compliance with audit requirements with prompt and accurate delivery of audit requests.
- Adhere to Atrium Group internal control requirements.
Project Work
- Assist with ad hoc project work, for example changes to reporting requirements and process arising from the integration with the CRC Group parent company.
Required Knowledge and Skills
- Qualified Accountant.
- Prior experience of accounting for compensation packages and profit-sharing arrangements.
- Detailed knowledge of UK GAAP (US GAAP would be an asset).
- Knowledge of Bermuda Regulatory Requirements preferred.
- Knowledge of the Lloyd’s market and corporate member reporting preferred.
- Ability to interpret transactional level technical data.
- Time management and ability to meet deadlines.
- IT Skills – Microsoft office products, CODA, Cubes, Workiva, Workday, automation tools.
Atrium offers all permanent employees the chance to work flexibly through our charter for flexible working - we actively invite applications from candidates requiring any form of flexible working arrangements. Atrium is an Equal Opportunities employer with a strong and passionate commitment to Diversity, Equity, and Inclusion. We do not discriminate based upon age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation, or any other applicable legally protected characteristic. We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please get in touch.
Senior Financial Accountant employer: Atrium
Atrium is an exceptional employer that fosters a culture of growth and collaboration, making it an ideal place for professionals in the insurance sector. With a commitment to flexible working arrangements and a strong focus on diversity, equity, and inclusion, employees are empowered to thrive in their roles while contributing to the success of one of the oldest syndicates at Lloyd’s. The company not only values its staff's professional development but also encourages them to take ownership of their work, ensuring a rewarding and meaningful career path.
