At a Glance
- Tasks: Prepare internal and external reports, including Lloyd’s regulatory returns and analytical reports.
- Company: Join Chaucer, a leading specialty insurance group with a global presence.
- Benefits: Enjoy competitive salary, flexible working options, and a diverse workplace culture.
- Other info: Be part of a team that values diversity and promotes continuous improvement.
- Why this job: Make an impact in the finance sector while developing your skills in a dynamic environment.
- Qualifications: Qualified Accountant with knowledge of Lloyd’s accounting and advanced Excel skills.
The predicted salary is between 55000 - 65000 £ per year.
Working within the Finance department of Chaucer, a leading specialty insurance group with Lloyd’s and Company market operations, headquartered in London with international hubs for Europe, Latin America and Asia. The role will be responsible for the preparation of internal and external reports of the department, including all Lloyd’s regulatory returns, associated management information and other project work. The candidate will also prepare analytical reports to support the information produced as well as providing support to more junior team members.
Job Description- Responsible for the production of Syndicate reporting to Lloyd’s, comprising:
- Flash report, Solvency UK, US and Canadian situs, RRQ/RRA, QMB, Schedule 3, NAIC.
- Annual and underwriting year financial statements.
- Production of analytics and commentary to support regular or ad hoc queries on, or related to, syndicate reporting.
- The responsibility includes all necessary liaison with parties involved in the process, in particular within the Finance area, to ensure the end result is delivered in the timeframe and standard required.
- Ensuring reports are produced in accordance with relevant timetables, and allowing appropriate time for management review.
- Production of analytical memos supporting each one of the reports produced.
- Support the audit process; liaising with auditors and ensuring that all the information required is produced and the audits are completed on time.
- Contributing to a robust control environment:
- Maintaining a sound system of internal controls.
- Responsible for the documentation of procedures affecting the areas under supervision.
- Project work as required, and cultivating an environment of continuous improvement:
- Collaboration in the development of process and reporting improvements for increased accuracy, efficiency and timeliness.
- Active participation on finance transformation project and other relevant projects.
- Assisting the Head of Syndicate Reporting in oversight and management of the Reporting function:
- Providing support and guidance to junior team members.
- Enhanced involvement in planning and coordination of deliverables.
- Able to deliver results under tight deadlines, showing flexibility when required.
- Sense of accountability and ownership of the work assigned.
- Emphasis on quality of the outputs produced.
- Self-starter, requiring minimum supervision, with the ability to solve problems and find solutions.
- ‘Can do’ attitude and willing to take more responsibilities.
- Able to communicate at every level within the organisation.
- Qualified Accountant (CA, ACCA or CIMA).
- Working knowledge of Lloyd’s accounting and reporting rules, UK GAAP, Solvency UK, Companies Act.
- Advanced excel.
- Advanced report writing skills.
- Knowledge of Lloyd’s software (desirable).
London Senior Reporting Accountant employer: Chaucer Syndicates Ltd
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide ample opportunities for professional development and a culture that values diversity and inclusion. Our focus on continuous improvement and support for flexible working arrangements makes Chaucer an attractive choice for those seeking meaningful and rewarding careers in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land London Senior Reporting Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Chaucer Syndicates Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace London Senior Reporting Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Chaucer Syndicates Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Chaucer Syndicates Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Chaucer Syndicates Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Chaucer Syndicates Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Chaucer Syndicates Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Chaucer Syndicates Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
