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: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a supportive and collaborative culture.
- Why this job: Make a real impact in finance while working with a talented team.
- Qualifications: Qualified accountant with experience in Lloyd's market and strong leadership skills.
The predicted salary is between 70000 - 90000 £ 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 judgemental 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.
Type: Regular Time Type: Full time Primary Location: London
Syndicate Financial Controller in London employer: Everest
Everest Advisors (UK), Ltd. is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets tradition in risk management. With a strong commitment to employee development, we provide ample opportunities for professional growth and mentorship within a collaborative team culture. Our focus on disciplined capital allocation and long-term value creation ensures that every team member contributes to meaningful projects that positively impact communities and the wider 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 that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of regulatory reporting and financial control principles. We recommend practising common interview questions related to these topics so you can showcase your expertise confidently.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Syndicate Financial Controller role. We make it easy for you to showcase your skills and experience directly to the hiring team!
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 and regulatory reporting, especially within the Lloyd's market. 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 the perfect fit for Everest Advisors. Share specific examples of your past achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Leadership Skills:Since this role involves leading a team, make sure to highlight your management experience. Talk about how you've mentored others and driven performance in previous roles. We love seeing candidates who can inspire and develop their teams!
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 that you're genuinely interested in joining our team at Everest Advisors!
How to prepare for a job interview at Everest
✨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 month-end and year-end close processes in previous roles.
✨Showcase Your Leadership Skills
This role involves leading a team, so it's crucial to highlight your management experience. Prepare examples of how you've mentored team members, set performance objectives, and navigated challenges in a finance environment. Think about specific instances where your leadership made a difference.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory landscape and compliance requirements for Lloyd's syndicates. Be prepared to discuss your experience with statutory reporting and how you've maintained strong relationships with auditors and regulatory bodies in the past.
✨Be Ready for Technical Questions
Expect questions about financial systems and data transformation initiatives. Brush up on your knowledge of Oracle ERP and any relevant automation opportunities you've identified in previous roles. Showing that you can drive continuous improvement will set you apart from other candidates.