At a Glance
- Tasks: Prepare regulatory returns and improve financial reporting processes in a dynamic finance team.
- Company: Specialist Lloyd's managing agency with a focus on innovative finance solutions.
- Benefits: Hybrid working, flexible arrangements, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on continuous improvement and career development.
- Why this job: Join a leading firm and make a real impact on financial reporting in the insurance sector.
- Qualifications: Experience in Lloyd's regulatory returns and strong accounting knowledge required.
A specialist Lloyd’s managing agency is seeking an experienced Syndicate Accountant to join its London-based finance team.
The business manages discontinued insurance and reinsurance portfolios and offers the opportunity to work within an established run-off environment.
The Syndicate Accountant will be responsible for producing Lloyd’s regulatory returns, maintaining the integrity of financial reporting data and supporting improvements across the finance function.
The role offers hybrid working, with approximately 40% of working time spent in the London office.
Flexible working arrangements will also be considered.
Key responsibilities
- Prepare finance regulatory returns for Lloyd’s and other regulators in accordance with internal and published reporting deadlines.
- Produce returns including QMA Delta, Solvency UK, US Situs and CAD Situs.
- Develop a detailed understanding of the data flows supporting the general ledger and wider financial reporting.
- Take ownership of cash, overseas deposits and Lloyd’s settlement journals.
- Prepare and review relevant Lloyd’s tax returns.
- Improve the quality, accuracy and speed of financial reporting through the effective use of systems and data tools.
- Challenge existing finance processes and identify opportunities for improvement. Skills and experience required:
- Extensive experience preparing Lloyd’s regulatory returns.
- Strong knowledge of Lloyd’s reporting requirements and regulatory applications.
- Excellent technical insurance accounting knowledge.
- Previous experience working as a Syndicate Accountant, Lloyd’s Accountant or within a closely related London Market accounting role.
- A strong understanding of general ledger data flows and financial reporting processes.
- Experience working accurately to demanding regulatory deadlines.
- Advanced Microsoft Office and data manipulation skills.
- Strong written and verbal communication skills.
- The ability to challenge established processes and improve finance activities.
Experience using Sun accounting software and Vision Q&A would be advantageous but is not essential.
This is an excellent opportunity to join a specialist Lloyd’s business in a role offering direct responsibility for regulatory returns, syndicate reporting and continued improvements across the finance function.
Apply now to discuss the opportunity in confidence
Syndicate Accountant employer: Galejay Limited
Join a leading London Market insurer that values its employees and fosters a collaborative work culture. With competitive benefits including a generous pension scheme, private medical insurance, and ample holiday, this role as a Technical Accountant offers not only a rewarding salary but also significant opportunities for professional growth and development within the finance team. Experience a supportive environment where your contributions are recognised, and you can make a meaningful impact on the company's success.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Galejay Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Syndicate Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Galejay Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Galejay Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Galejay Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Galejay Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Galejay Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Galejay Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
