At a Glance
- Tasks: Lead financial reporting and ensure accuracy in syndicate accounting.
- Company: Join Everest Advisors, a global leader in risk management with a rich heritage.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Embrace an inclusive workplace that values collaboration and personal development.
- Why this job: Make a real impact in finance while working with a diverse and dynamic team.
- Qualifications: Qualified accountant with strong attention to detail and communication skills.
The predicted salary is between 55000 - 65000 £ per year.
About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
About the Role: Everest (re Syndicate 2786) is seeking a highly skilled and experienced Senior Accountant to join our team. This role will sit in the Syndicate Accounting team and will assist the team in their responsibility for ensuring the accurate and timely completion of syndicate group and regulatory reporting requirements, including those of the related legal entities (Service Company, Corporate Member and Managing Agent). The ideal candidate will possess a strong understanding of Lloyd's syndicate operations, regulatory reporting, financial accounting and control principles.
Role & Responsibilities (include but not limited to):
- Support the Syndicate Financial Controller by taking leadership of the monthly/quarterly general ledger close of the Syndicate and related legal entities for both Group reporting (US GAAP) and local reporting (UK GAAP).
- Guide the day-to-day activities of the Syndicate Accountant & Assistant Accountant and review/approve their work as required.
- Monitor ledger integrity and investigate unusual balances or transactions.
- Identify opportunities to improve existing accounting and reporting processes. Implementing best practices to enhance efficiency and accuracy.
- Maintain, and strengthen where required, controls over the general ledger account balances, including accurate recording of balances between years of account and classes of business, timely reconciliation of bank accounts, technical accounts and other balance sheet accounts.
- Liaise with other departments (e.g. IT, Underwriting, Claims, Credit Control and Reinsurance) as required to support change activities and financial processes.
- Support the analysis, planning and reporting activities of other Finance departments (FP&A, tax, actuarial and reporting), Treasury and Group head office.
- Coordinate and lead the external audit of the syndicate and related entities including liaison with internal and external auditors, providing necessary documentation, analysis and explanations as required.
- Provide support to other members of the finance and syndicate reporting teams.
Qualifications:
- Bachelor’s degree in accounting, Finance, or a related field. Qualified accountant (ACA, ACCA, CIMA, or equivalent) preferred.
Knowledge, Skills & Competencies:
- Knowledge and understanding of the financial and regulatory landscape of a general insurance company is required; syndicate accounting knowledge is preferred.
- Strong attention to detail and accuracy.
- Proficiency in Microsoft Office.
- Good communication skills, ability to interact at all levels.
- Ability to work independently and as part of a team.
- Experience with Oracle ERP is preferable.
At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture: At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
Our Values: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
Our Colleague Behaviors: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type: Regular
Time Type: Full time
Primary Location: London
Senior Accountant, Syndicate in London employer: Everest Group
Everest Advisors (UK), Ltd. is an exceptional employer that fosters a culture of inclusion and collaboration, making it an ideal place for professionals seeking meaningful careers in finance. With a commitment to employee growth and development, the company offers robust opportunities for advancement while ensuring a supportive work environment in the vibrant city of London. Employees benefit from a strong focus on work-life balance, competitive compensation, and the chance to contribute to impactful projects that drive global economies forward.
