At a Glance
- Tasks: Join us as a Syndicate Accountant, delivering accurate financial info and reconciliations.
- Company: We're a leading London insurer, thriving in a fast-growing environment.
- Benefits: Enjoy a dynamic workplace with opportunities for professional growth and development.
- Why this job: Gain valuable experience in finance while contributing to a reputable company with a strong culture.
- Qualifications: Qualified accountant (ACA or ACCA) with 3+ years in the Lloyd's insurance market.
- Other info: This role offers a chance to work with a highly effective Finance function.
The predicted salary is between 43200 - 72000 £ per year.
HFG are currently partnering with a leading London insurer for their next Syndicate Accountant following natural growth within the company. The role will be responsible for the delivery of accurate, meaningful and timely financial information, both internal and external, for Syndicate, and related companies in accordance with agreed standards and deadlines. This role offers fantastic opportunity to join a highly effective Finance function and obtain a real breadth of experience in a profitable fast-growing environment.
Responsibilities:
- Preparation and/or review of regulatory returns for Lloyd's and entities, including SII
- Responsible for completion of all Balance Sheet and P&L reconciliations for review
- Preparation and/or review of quarterly consolidation reporting to Group.
- Preparation of entity management information for submission to the group team, supported by analysis.
- Preparation and/or review of both monthly and quarterly reconciliations to support the P&L and Balance Sheet for all Lloyd's entities.
Profile:
- Qualified accountant (ACA or ACCA) or qualified by experience
- Experience within the Lloyd's insurance market for 3+ years
- Experience in the completion of Lloyd's regulatory returns
Syndicate Accountant employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Accountant
✨Tip Number 1
Familiarise yourself with the specific regulatory requirements for Lloyd's insurers. Understanding the nuances of these regulations will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals already working in the Lloyd's insurance market. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities.
✨Tip Number 3
Brush up on your financial reporting skills, particularly in relation to P&L and Balance Sheet reconciliations. Being able to discuss your experience and knowledge in these areas confidently will set you apart from other candidates.
✨Tip Number 4
Research the company culture and values of the insurer you're applying to. Tailoring your approach to align with their ethos can make a significant difference during the interview process.
We think you need these skills to ace Syndicate Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as a Syndicate Accountant. Emphasise your experience in the Lloyd's insurance market and any relevant regulatory returns you've completed.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Explain how your background aligns with the role and express your enthusiasm for joining a fast-growing company.
Highlight Relevant Experience: In your application, focus on your experience with financial reporting, reconciliations, and regulatory returns. Use specific examples to demonstrate your expertise and how it relates to the position.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for an accountant.
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your Numbers
As a Syndicate Accountant, you'll be dealing with financial information daily. Brush up on your knowledge of balance sheets, P&L statements, and regulatory returns specific to the Lloyd's insurance market. Be prepared to discuss your experience with these documents in detail.
✨Showcase Your Experience
Highlight your 3+ years of experience within the Lloyd's insurance market. Be ready to provide examples of how you've successfully managed financial reporting and reconciliations in previous roles. This will demonstrate your capability and fit for the position.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory returns for Lloyd's and Solvency II (SII). During the interview, you might be asked about your experience in preparing these returns, so having specific examples ready will show your expertise and attention to detail.
✨Prepare Questions
Interviews are a two-way street. Prepare insightful questions about the company's finance function and growth plans. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.