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 80000 - 100000 £ 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 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.
Director, Syndicate Accounting in London employer: FHLB Des Moines
Everest Advisors (UK), Ltd. is an exceptional employer that fosters a culture of inclusion and collaboration, making it an ideal place for professionals seeking meaningful careers in finance. With a strong commitment to employee development, the company offers ample growth opportunities and encourages innovation within its dynamic London office. Employees benefit from a supportive work environment that values respect, accountability, and a shared mission to create sustainable value for clients and communities alike.
StudySmarter Expert Advice🤫
We think this is how you could land Director, Syndicate Accounting in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and accounting sectors, especially those familiar with Lloyd's market. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by researching Everest Advisors thoroughly. Understand their values and culture, and think about how your experience aligns with their mission. This will help you stand out as a candidate who truly gets them.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in financial control and team leadership make you the perfect fit for the Syndicate Financial Controller role. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the Everest team and contributing to their mission.
We think you need these skills to ace Director, Syndicate Accounting in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Director, Syndicate Accounting. Highlight your experience in financial control and regulatory reporting, as well as any leadership roles you've held. We want to see how your background aligns 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 and how your skills can contribute to our team at Everest. Be sure to mention your understanding of the Lloyd's market and any relevant experiences.
Showcase Your Achievements:When detailing your past roles, focus on specific achievements rather than just responsibilities. Did you improve a process or lead a successful project? We love to see quantifiable results that demonstrate your impact!
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 genuinely interested in joining our team at Everest!
How to prepare for a job interview at FHLB Des Moines
✨Know Your Numbers
As a Director of Syndicate Accounting, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and reporting standards relevant to Lloyd's syndicates. Be prepared to discuss how you've managed financial close processes in the past and any challenges you've faced.
✨Showcase Your Leadership Skills
This role involves leading a team, so be ready to share examples of how you've mentored and developed your team members. Discuss your approach to setting performance objectives and how you ensure your team is equipped for peak reporting periods.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory landscape that affects syndicate operations. Be prepared to talk about your experience with compliance and how you've maintained strong relationships with auditors and regulatory bodies in previous roles.
✨Communicate Effectively
Strong communication skills are essential for this position. Practice articulating complex financial concepts clearly and concisely. Think about how you've liaised with various stakeholders in the past and be ready to provide examples of successful collaborations.