Senior Syndicate Accountant

Senior Syndicate Accountant

Full-Time 48000 - 72000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our Syndicate Accounting team to ensure accurate financial reporting and improve processes.
  • Company: Everest Advisors, a global leader in risk management with a rich heritage.
  • Benefits: Hybrid work model, competitive salary, and a commitment to professional growth.
  • Why this job: Make a real impact in a dynamic environment while collaborating with diverse teams.
  • Qualifications: Strong accounting background with knowledge of Lloyd's market and regulatory reporting.
  • Other info: Inclusive culture focused on collaboration, respect, and continuous improvement.

The predicted salary is between 48000 - 72000 ÂŁ 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 looking for a highly skilled and experienced Senior Syndicate Accountant to join our team. In this role, you will be part of the Syndicate Accounting team, where you will play a key part in ensuring the accurate and timely completion of syndicate group and regulatory reporting requirements. You will also support reporting for related legal entities, including the Service Company, Corporate Member, and Managing Agent. To thrive here, you will need a strong understanding of Lloyd's syndicate operations, regulatory reporting, financial accounting, and control principles. If you are ready to bring your expertise to a dynamic and collaborative environment, we would love to hear from you. This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.

Responsibilities

  • You will assist in the general ledger close for the Syndicate and its related legal entities, ensuring accurate Group reporting under US GAAP and local reporting under UK GAAP.
  • Identify and act on opportunities to improve existing accounting and reporting processes, implementing best practices to boost efficiency and accuracy.
  • Maintain and strengthen controls over general ledger account balances, ensuring accurate recording across years of account and business classes, and perform timely reconciliations of bank accounts, technical accounts, and other balance sheet items.
  • Collaborate with departments like IT, Underwriting, Claims, Credit Control, and Reinsurance to support financial processes and change initiatives.
  • Support the implementation of the XLPro interface for the Syndicate's ceded results into the general ledger.
  • Create and run controls, and post assumed results into the ledger of Group affiliate reinsurers.
  • Contribute to ad-hoc projects as needed, bringing flexibility and insight to evolving priorities.
  • Partner with other Finance teams—including FP&A, Tax, Actuarial, Treasury, and Group Head Office—to support analysis, planning, and reporting activities.
  • Participate in audits of the Syndicate and related entities, liaising with internal and external auditors and providing documentation, analysis, and clear explanations.
  • Offer support to your colleagues in the Finance and Syndicate Reporting teams, fostering a collaborative and high-performing environment.

Qualifications

  • You will bring an academic foundation in Accounting, Finance, or a related field, ideally supported by a recognised accounting qualification (ACA, ACCA, CIMA, or equivalent) or active progress toward one.
  • With deep knowledge of the Lloyd's market—including Xchanging and LCA processes—you are confident navigating the broader financial and regulatory landscape.
  • You must have experience partnering with underwriting and claims teams and be familiar with their policy and claims administration systems.
  • Known for your accuracy and attention to detail, you are proficient in Microsoft Office, an effective communicator, and comfortable engaging stakeholders at all levels.
  • You should be self-motivated, able to work independently as well as collaboratively, and bring added value if you have experience with Oracle ERP or exposure to core market returns (CMR), market data collection (MDC), and Lloyd's/FCA/PRA reporting requirements.

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 behaviours.

Our Values are the guiding principles that inform our decisions, actions and behaviours. 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 Behaviours 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 behaviours across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Senior Syndicate Accountant employer: Everest Insurance

Everest Advisors (UK), Ltd. is an exceptional employer that fosters a dynamic and collaborative work environment in the heart of London. With a strong commitment to employee growth, we offer opportunities for professional development and a hybrid work schedule that promotes work-life balance. Our inclusive culture, driven by core values of collaboration and respect, ensures that every team member feels valued and empowered to contribute to meaningful projects that impact communities worldwide.
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Contact Detail:

Everest Insurance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Syndicate Accountant

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who know about Lloyd's syndicate operations. A friendly chat can lead to insider info on job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of regulatory reporting and financial accounting principles. We recommend practising common interview questions related to these topics so you can showcase your expertise confidently.

✨Tip Number 3

Don’t forget to research Everest Advisors! Understanding their values and culture will help you tailor your responses during interviews. Show them you’re not just a fit for the role, but also for their team.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Everest family. Let’s get you that Senior Syndicate Accountant role!

We think you need these skills to ace Senior Syndicate Accountant

Lloyd's Syndicate Operations
Regulatory Reporting
Financial Accounting
US GAAP
UK GAAP
General Ledger Management
Process Improvement
Reconciliation Skills
Collaboration with Cross-Functional Teams
Oracle ERP
Stakeholder Engagement
Attention to Detail
Effective Communication
Accounting Qualification (ACA, ACCA, CIMA or equivalent)
Experience with Policy and Claims Administration Systems

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Syndicate Accountant role. Highlight your knowledge of Lloyd's syndicate operations and any relevant accounting qualifications to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about joining Everest and how your background aligns with our values. Be genuine and let your personality come through.

Showcase Your Attention to Detail: As an accountant, accuracy is key! Ensure your application is free from typos and errors. This not only shows your attention to detail but also reflects your professionalism.

Apply Through Our Website: We encourage you to apply directly through our website for the best experience. It’s the easiest way for us to receive your application and keep track of your progress. Plus, we love seeing candidates who take the initiative!

How to prepare for a job interview at Everest Insurance

✨Know Your Numbers

As a Senior Syndicate Accountant, you'll need to demonstrate your expertise in financial accounting and regulatory reporting. Brush up on US GAAP and UK GAAP principles, and be ready to discuss how you've applied these in previous roles. Prepare specific examples of how you've improved accounting processes or ensured compliance.

✨Understand the Lloyd's Market

Familiarise yourself with Lloyd's syndicate operations and the relevant processes like Xchanging and LCA. Be prepared to discuss your experience working with underwriting and claims teams, as well as any challenges you've faced in this area. Showing that you understand the broader financial landscape will set you apart.

✨Collaborate and Communicate

This role requires collaboration with various departments. Think of examples where you've successfully partnered with IT, Claims, or Reinsurance teams. Highlight your communication skills and how you've engaged stakeholders at different levels to drive financial processes or change initiatives.

✨Show Your Flexibility

Everest values adaptability, so be ready to discuss how you've handled changing priorities or contributed to ad-hoc projects in the past. Share instances where you've demonstrated flexibility and insight, especially in high-pressure situations, to show that you're a team player who can thrive in a dynamic environment.

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