Syndicate Accountant in London

Job Summary
Responsible for supporting the Syndicate Controller in maintaining/preparing accurate syndicate accounting ledgers and providing analysis and management information to various stakeholders.

Key Responsibilities

• Preparation of quarterly financials for seven syndicates, including posting journals using Agresso (GL Package).
• Preparation and review of key balance sheet reconciliations on a quarterly basis.
• Support the preparation of regulatory returns for Lloyd’s or relevant regulators and tax authorities and presentation of same to management.
• Assist with preparation and review of UK GAAP statutory accounts for seven syndicates (FRS 102/103).
• Liaise with Group reporting manager to facilitate consolidation of the syndicate results into the parent company Beazley plc, including calculation of any relevant IFRS adjustments.
• Analytical review of syndicate financial information including close liaison with the management reporting team.
• Production and review of note disclosures for group reporting.
• Development and maintenance of calculation processes to support preparation of quarterly financial information.
• Liaise with underwriters, actuaries, auditors, senior management and/or third parties as appropriate.
• Ad hoc reporting including co-ordination and collection of information to prepare internal reports.
• Support Senior Syndicate Accountants and Syndicate Controller with Ad-Hoc requests and projects as necessary.
• Review output of junior team members and escalate issues to Syndicate Controller where relevant.

General
It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:

• Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.
• Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
• Display business ethics that uphold the interests of all our customers.
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas.
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system.

Personal Specification

• Essential Criteria
  Qualified accountant (ACCA/ACA/CIMA or equivalent).
• Skills working with Excel must be at an intermediate to advanced level.
• Knowledge of IFRS/FRS102/FRS103.
• Education and Qualifications
  Knowledge of insurance company accounting is advantageous.
• Knowledge of syndicate accounting is preferred but not required.

Skills and Abilities
Must be able to work as part of a team. Must demonstrate the key characteristics required to coach/monitor junior staff members within the team. Experience working with other MS Office software to include Outlook, Word, PowerPoint. Excellent interpersonal and communication skills. Proactive, self-starter, seeks continuous improvement. Ability to manage time, meet deadlines and prioritise.

Aptitude and Disposition
Self-motivated, flexible and enthusiastic. Professional approach to successfully interact with senior management/colleagues/external suppliers. Diplomatic.