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 over 50 years of experience.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a supportive and innovative company.
- 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 employer: Everest
At Everest Advisors, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. Our commitment to employee growth is evident through tailored development programmes and mentorship opportunities, ensuring that our team members thrive both personally and professionally. With a focus on meaningful impact and a supportive environment, we empower our employees to excel in their roles while contributing to our mission of risk management excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Financial Controller
✨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 want you to showcase your expertise confidently, so practice answering common questions related to syndicate operations.
✨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! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Syndicate Financial Controller
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 passionate about this role at Everest Advisors. Share specific examples of your past achievements that relate to the responsibilities listed 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 team performance in previous roles. We love seeing candidates who can inspire and develop their teams!
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 shows you’re keen on 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 standards that affect syndicate reporting. Be prepared to discuss your experience with statutory and regulatory reporting, as well as your interactions with external auditors. This will show that you can handle the complexities of the role.
✨Be Ready for Technical Questions
Expect questions about financial systems and data management, especially regarding Oracle ERP and reporting processes. Brush up on your knowledge of core market returns and the Xchanging and LCA processes. Demonstrating your technical proficiency will set you apart from other candidates.
