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- Tasks: Join a dynamic team as a Senior Syndicate Accountant, managing financial results and audits.
- Company: HFG Insurance Recruitment partners with a leading Lloyd's insurer in the financial services sector.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
- Why this job: Make an impact in finance while working with industry experts in a supportive culture.
- Qualifications: Must be a qualified accountant (ACCA/ACA/CIMA) with Lloyd's reporting experience.
- Other info: This is a full-time role based in London, ideal for those seeking career growth.
The predicted salary is between 56000 - 84000 £ per year.
I am currently working with a specialist Lloyd's insurer who are looking for a senior syndicate accountant to join their financial accounting team. In this role, you will be responsible for accurate preparation, timely delivery and presentation of the Syndicate related financial results to the Syndicate Finance Manager.
Key responsibilities:
- Ensuring the integrity of Syndicate general ledger, including delivery of all Balance Sheet reconciliations and controls
- Review and approve monthly Syndicate balance sheet reconciliations
- Managing the external Syndicate audit working during statutory cycles as required
- Assist in preparing the monthly report, syndicate executive pack, and quarterly syndicate board packs
- Support and review the production of all necessary regulatory returns and internal planning
- Supply data in specified formats to Group Reporting, Risk, and other departments
- Train junior staff members and enable the Team to have the necessary job knowledge and/or professional qualification
Requirements:
- Qualified accountant (ACCA/ACA/CIMA)
- Lloyd's of London reporting experience
- Knowledge of UK GAAP
Senior Syndicate Accountant employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Syndicate Accountant
✨Tip Number 1
Network with professionals in the insurance and accounting sectors, especially those with experience in Lloyd's of London. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with the latest regulations and reporting standards related to Lloyd's syndicates. This knowledge will not only boost your confidence during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss your experience with financial reporting and audits in detail. Be ready to provide examples of how you've managed similar responsibilities in previous roles, particularly focusing on any challenges you overcame.
✨Tip Number 4
Consider reaching out directly to the recruiter at HFG Insurance Recruitment. A brief, professional message expressing your interest in the role can help you stand out and may even lead to a more personalised application process.
We think you need these skills to ace Senior Syndicate Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as a qualified accountant (ACCA/ACA/CIMA) and emphasises your experience with Lloyd's of London reporting. Use specific examples that demonstrate your expertise in financial accounting.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Explain how your skills align with the role, particularly in managing balance sheet reconciliations and supporting audits.
Showcase Relevant Experience: In your application, provide detailed accounts of your previous roles that relate to the responsibilities of a Senior Syndicate Accountant. Highlight any experience you have in training junior staff and preparing regulatory returns.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for an accounting role.
How to prepare for a job interview at HFG Insurance Recruitment
✨Showcase Your Qualifications
As a qualified accountant, make sure to highlight your ACCA, ACA, or CIMA qualifications during the interview. Discuss how your educational background has prepared you for the responsibilities of a Senior Syndicate Accountant.
✨Demonstrate Lloyd's Experience
Since the role requires Lloyd's of London reporting experience, be ready to discuss specific examples from your past roles. Explain how you've handled syndicate financial results and any challenges you've overcome in that environment.
✨Prepare for Technical Questions
Expect technical questions related to UK GAAP and syndicate accounting practices. Brush up on relevant regulations and be prepared to explain how you ensure the integrity of financial data and manage audits.
✨Emphasise Team Leadership Skills
The role involves training junior staff, so highlight your leadership and mentoring experiences. Share examples of how you've successfully guided team members and contributed to their professional development.
