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: Enjoy a competitive salary, hybrid work options, and a supportive culture.
- 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 workplace that values collaboration, respect, and continuous improvement.
The predicted salary is between 36000 - 60000 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’ll be part of the Syndicate Accounting team, where you’ll play a key part in ensuring the accurate and timely completion of syndicate group and regulatory reporting requirements. You’ll also support reporting for related legal entities, including the Service Company, Corporate Member, and Managing Agent. To thrive here, you’ll need a strong understanding of Lloyd’s syndicate operations, regulatory reporting, financial accounting, and control principles. If you’re ready to bring your expertise to a dynamic and collaborative environment, we’d 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.
Role & 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’re 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’re 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 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 behaviours 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 Syndicate Accountant employer: Everest Re Group,
Contact Detail:
Everest Re Group, Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Syndicate Accountant
✨Network Like a Pro
Get out there and connect with people in the finance and accounting sectors. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to current employees at Everest Advisors. A friendly chat can sometimes lead to job opportunities that aren’t even advertised!
✨Ace the Interview
Prepare for your interview by brushing up on your knowledge of Lloyd’s syndicate operations and regulatory reporting. Be ready to discuss how your experience aligns with the role and think of examples that showcase your skills. Remember, confidence is key—show them you’re the perfect fit for their team!
✨Showcase Your Skills
When you get the chance, highlight your technical skills, especially if you have experience with Oracle ERP or financial reporting. Bring along any relevant projects or achievements that demonstrate your expertise in accounting and finance. This will help you stand out from the crowd!
✨Apply Through Our Website
Don’t forget to apply directly through the Everest Advisors website! It shows your genuine interest in the company and ensures your application gets to the right people. Plus, it’s a great way to stay updated on any new roles that pop up!
We think you need these skills to ace Senior Syndicate Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Syndicate Accountant role. Highlight your experience with Lloyd’s syndicate operations and regulatory reporting, as these are key aspects of the job. We want to see how your skills align with what we’re looking for!
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 makes you a perfect fit. Don’t forget to mention any relevant qualifications like ACA or ACCA that you hold or are working towards.
Showcase Your Attention to Detail: As a Senior Syndicate Accountant, accuracy is crucial. In your application, provide examples of how you've maintained high standards in your previous roles. This will demonstrate your commitment to precision and reliability, which we value highly at Everest.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at Everest!
How to prepare for a job interview at Everest Re Group,
✨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 regulatory landscape. Be prepared to discuss your experience with Xchanging and LCA processes, as well as any interactions you've had with underwriting and claims teams. Showing that you understand the nuances of the market will set you apart.
✨Collaborate and Communicate
This role requires working closely with various departments. Think about times when you've successfully collaborated with IT, Underwriting, or Claims teams. Be ready to share how you’ve communicated complex financial information to non-financial stakeholders, showcasing your ability to engage effectively at all levels.
✨Show Your Problem-Solving Skills
Everest values innovation and efficiency. Prepare to discuss challenges you've faced in previous roles and how you identified opportunities for improvement. Highlight any ad-hoc projects you've contributed to and how your insights led to better outcomes, demonstrating your proactive approach to problem-solving.