At a Glance
- Tasks: Prepare Lloyd's returns and manage financial reporting for a leading insurance syndicate.
- Company: Join a market-leading Lloyd's insurance business with a rapidly growing finance team.
- Benefits: Gain valuable experience in a dynamic environment with potential for career advancement.
- Other info: Opportunity to enhance your skills in a supportive and collaborative workplace.
- Why this job: Make an impact in the finance sector while working with industry experts.
- Qualifications: Knowledge of Solvency II or Lloyd's reporting; ACA/ACCA/CIMA qualification preferred.
The predicted salary is between 54000 - 66000 £ per year.
A market leading Lloyd's insurance business are looking for a Syndicate Accountant to join their rapidly growing finance team on a 6 month basis.
The main responsibilities for this Syndicate Accountant position will be to:
- Preparation of Lloyd's returns including QMA, QMB and Solvency II reporting ensuring these are prepared in accordance with Lloyd's.
- Coordination and completion of Managing Agents Reports.
- Production of monthly and quarterly Syndicate financial reporting in accordance with established time tables.
- Monitoring the liquidity position of the Syndicate and improving the short-term cash flow forecasting.
- Maintenance of all Syndicate and Group bank accounts and mandates.
- Full review of all Balance Sheet accounts to identify areas to strengthen documentation/support over account balances.
The successful candidate for this Syndicate Accountant will need to have knowledge of Solvency II or Lloyd's reporting and have previous experience working in the Lloyd's market. The candidate will also need to be either a fully qualified accountant or close to qualification (ACA/ACCA/CIMA).
Syndicate Finance in London employer: HFG Insurance Recruitment
Join a leading reinsurance business in London, where you will be part of a dynamic team dedicated to compliance and financial crime prevention. With a strong focus on employee development, we offer opportunities for growth and advancement while fostering a collaborative work culture that values your expertise. Enjoy the unique advantage of working in one of the world's financial hubs, with the flexibility of a hybrid work model that promotes work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Finance in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like HFG Insurance Recruitment.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like HFG Insurance Recruitment might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Syndicate Finance in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at HFG Insurance Recruitment will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at HFG Insurance Recruitment. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give HFG Insurance Recruitment confidence in your short-term commitment to the role.
How to prepare for a job interview at HFG Insurance Recruitment
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with HFG Insurance Recruitment.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure HFG Insurance Recruitment that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
