At a Glance
- Tasks: Support syndicate accounting, oversee bookkeeping, and prepare financial statements.
- Company: Join a global leader in the insurance and reinsurance market.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Great opportunity for career growth and skill development.
- Why this job: Make an impact in finance while working with experienced professionals.
- Qualifications: Experience in syndicate finance and strong IT skills required.
The predicted salary is between 36000 - 60000 £ per year.
Syndicate AccountantSyndicate Accountant – Lloyd’s MarketLocation: LondonAn established provider of outsourced managing agency services within the Lloyd’s market is looking for an experienced Syndicate Accountant to join its growing finance team.Reporting to the Syndicate Financial Controller, you will be responsible for the day-to-day finance activities of allocated syndicates, including financial reporting, regulatory returns, reconciliations and management accounts.Key responsibilities include:- Preparing and reviewing syndicate management accounts and balance sheet reconciliations.- Preparing and reviewing Lloyd’s and Solvency UK regulatory returns.- Supporting annual report and accounts production.- Reviewing bookkeeping and financial controls.- Liaising with clients, auditors and internal stakeholders.- Supporting process improvement and project work, including new syndicate launches.About you:- Qualified accountant.- At least 2 years’ insurance industry experience in syndicate reporting or Lloyd’s syndicate audit.- Strong knowledge of Lloyd’s returns and syndicate accounting.- Excellent Excel and analytical skills.- Highly organised, detail-focused and able to work independently.- Strong communication skills and a collaborative approach.- This is an excellent opportunity to join a growing organisation and play a key role within its syndicate finance functionDiscipline(s): Finance & StrategyJob type: Permanent
Syndicate Accountant employer: Edenbrook
Edenbrook is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in the financial reporting sector. With a strong commitment to employee development, we offer numerous growth opportunities and support for continuous learning, all while working in a dynamic environment that values integrity and excellence. Located in a vibrant area, our team enjoys a balanced work-life experience alongside competitive benefits tailored to enhance both personal and professional well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and finance sectors. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or join relevant online groups to make those valuable connections.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We want you to shine! Understand their values and how they align with your own. This will help you answer questions confidently and show that you’re genuinely interested in the role.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family. We can’t stress enough how important it is to articulate your experience and skills clearly. Get comfortable talking about your past roles and how they relate to the Syndicate Accountant position.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in the interviewer’s mind. Plus, it’s a great opportunity to reiterate why you’re the perfect fit!
We think you need these skills to ace Syndicate Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your background in syndicate or insurance finance, and don’t forget to showcase your strong IT skills, especially in Excel.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Syndicate Accountant role. Mention specific experiences that align with the responsibilities listed, like preparing trial balances or supporting junior staff.
Showcase Your Attention to Detail:Since accuracy is key in accounting, make sure your application is free from typos and errors. This not only shows your attention to detail but also reflects your professionalism and commitment to quality work.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Edenbrook
✨Know Your Numbers
As a Syndicate Accountant, you'll be dealing with financial records and reports. Brush up on your accounting principles and be ready to discuss your experience with trial balances, VAT returns, and reconciliations. Show them you can handle the numbers with confidence!
✨Demonstrate Leadership Skills
You'll be overseeing junior staff, so it's crucial to highlight your leadership abilities. Prepare examples of how you've coached or supported team members in the past. This will show that you're not just a numbers person but also a great mentor.
✨Familiarise Yourself with the Insurance Market
Understanding the insurance and reinsurance market is key for this role. Do some research on current trends and challenges in the industry. Being able to discuss these topics will demonstrate your genuine interest and knowledge during the interview.
✨Showcase Your IT Skills
Strong IT skills, especially in Excel, are essential for this position. Be prepared to discuss specific software you've used and any automation projects you've been involved in. If you have examples of how you've improved reporting processes, share those too!
