At a Glance
- Tasks: Lead the Syndicate Accounting team and ensure accurate financial reporting.
- Company: Join Everest Advisors, a global leader in risk management with a rich heritage.
- Benefits: Enjoy a competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Embrace a culture of collaboration, inclusion, and continuous improvement.
- Why this job: Make a real impact in finance while working with a dynamic and supportive team.
- Qualifications: Qualified accountant with experience in Lloyd's market and strong leadership skills.
The predicted salary is between 60000 - 80000 £ 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 Managing Agency (re Syndicate 2786) is seeking a highly skilled and experienced Syndicate Financial Controller to join our team. This role leads the Syndicate Accounting team consisting of three direct reports and will be responsible for ensuring the accurate and timely completion of syndicate group and local 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):
- Financial Close & Control: Own and manage the Syndicate, service company, corporate member and managing agency month-end, quarter-end, and year-end close processes, ensuring accuracy, discipline, and adherence to timetable for both local and group reporting. Maintain oversight of general ledger integrity, reconciliations, accounting adjustments, and judgmental areas. Act as the escalation point for complex accounting issues and financial close-related risks.
- Regulatory & External Reporting: Ensure compliance with statutory, regulatory, and Group reporting standards, including audit support and coordination. Maintain strong working relationships with external auditors and regulatory bodies. Support the production and submission of Syndicate financial returns to Lloyd’s and other relevant local regulators.
- Financial Control Framework: Own and develop the Syndicate Financial Control Framework, including documentation of processes, risk and control matrices, and financial narratives. Drive continuous improvement in controls, governance, and process efficiency, including identification of automation opportunities.
- Systems, Data & Change: Provide finance ownership over ledger, reporting, and close-related systems, including oversight of enhancements and remediation activities. Support finance transformation initiatives impacting Syndicate reporting, processes, or governance. Provide valuable insight to the Data Transformation Project aimed at replacing the current Group data warehousing capability and development of sub-ledgers for enhanced reporting. Ensure finance requirements are appropriately reflected in system design and change delivery.
- Team Leadership & Development: Lead, mentor, and develop a team of three direct reports. Set performance objectives, conduct regular check-ins, and support the professional growth of team members. Ensure appropriate resource allocation and cross-training to support peak reporting periods.
- Stakeholder Management: Act as a senior finance partner to the Syndicate CFO, providing insight on financial performance, close quality, and control matters. Liaise closely with Group Finance, Actuarial, Investment Accounting, Operations, IT, and local finance teams to resolve issues impacting reporting or controls. Represent Syndicate Finance in cross-functional forums, projects, and steering committees. Provide support to the wider Syndicate CFO and wider Syndicate Finance teams as required to ensure that teams overall objectives are achieved.
Qualifications: Bachelor’s degree in Accounting, Finance, or a related field. Qualified accountant (ACA, ACCA, CIMA, or equivalent) with significant post qualification experience within the Lloyd’s of London market.
Knowledge, Skills & Competencies: Knowledge and understanding of the financial and regulatory landscape. Excellent knowledge of the Lloyd’s market, including the Xchanging and LCA processes. Experience of working with underwriting and claims teams along with the policy and claims administration systems used. 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. Knowledge of core market returns (CMR), market data collection (MDC) and reporting forms required by Lloyd’s (and FCA/PRA where equivalent) is a plus. Previous management experience or evidence strong leadership skills is required.
What if I don’t meet every requirement? 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 are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: 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.
Syndicate Financial Controller in London employer: Everest Group
Everest Advisors 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 mentorship within a diverse and inclusive culture. Our focus on risk management not only empowers our clients but also enriches our employees' careers, making every day at Everest a chance to contribute to meaningful change in the world.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Financial Controller in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those familiar with Lloyd's market. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of financial regulations and syndicate operations. We recommend practising common interview questions and having examples ready that showcase your leadership and problem-solving skills.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Everest team. Let’s get you that Syndicate Financial Controller role!
We think you need these skills to ace Syndicate Financial Controller in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Syndicate Financial Controller role. Highlight your experience in financial accounting, regulatory reporting, and team leadership. We want to see how your skills align with what Everest is looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background fits with Everest's values. Remember, we love seeing genuine enthusiasm for the position.
Showcase Relevant Experience:When filling out your application, be sure to showcase any relevant experience you have in the Lloyd’s market or with financial control frameworks. We’re keen on candidates who understand the landscape and can hit the ground running!
Apply Through Our Website:Don’t forget to apply 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 to do!
How to prepare for a job interview at Everest Group
✨Know Your Numbers
As a Syndicate Financial Controller, you'll need to demonstrate your expertise in financial accounting and control principles. Brush up on key financial metrics and reporting standards relevant to Lloyd's syndicate operations. Be ready to discuss how you've managed financial close processes in the past.
✨Showcase Your Leadership Skills
This role involves leading a team, so be prepared to share examples of how you've mentored and developed others. Talk about specific instances where you set performance objectives or supported team members' professional growth. Highlight your ability to foster collaboration and inclusion within your team.
✨Understand Regulatory Requirements
Familiarise yourself with the statutory and regulatory reporting standards that apply to the role. Be ready to discuss your experience with audit support and compliance, as well as how you've maintained strong relationships with external auditors and regulatory bodies in previous positions.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially regarding complex accounting issues. Think of scenarios where you've had to navigate challenges in financial reporting or controls, and be ready to explain your thought process and the outcomes of your decisions.