At a Glance
- Tasks: Lead the preparation and review of Syndicate regulatory returns and financial statements.
- Company: Established London market insurance business with a strong reputation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment focused on continuous improvement and finance transformation.
- Why this job: Join a dynamic team and make a real impact in the finance function.
- Qualifications: Qualified accountant with experience in the Lloyd's market and advanced Excel skills.
The predicted salary is between 60000 - 80000 £ per year.
An established London market insurance business is looking for a Syndicate Finance Accountant Lead to be responsible for the preparation and review of Syndicate regulatory returns, associated management information, and project work within the finance function. The role will also involve developing analytical tools and reports to support the information produced.
Duties will include:
- Preparing and reviewing Syndicate reporting to Lloyd's, including Flash reports, QMB, Solvency II, US and Canadian situs reporting, RRQ and RRA.
- Producing annual and underwriting year financial statements and supporting commentary.
- Creating analytical tools and reports to assist in management analysis and ad hoc queries.
- Liaising with finance, underwriting, and actuarial teams to ensure the accuracy and timeliness of all submissions.
- Supporting internal and external audits and ensuring all required information is produced on time.
- Maintaining a strong control environment, ensuring documentation of procedures and continuous improvement of reporting processes.
- Supporting wider finance transformation initiatives and project work as required.
The successful candidate for this role will need experience within the Lloyd's market, ideally gained in a Syndicate reporting or audit environment. The candidate will also need to be a qualified accountant (ACA/ACCA/CIMA) with a strong technical understanding of UK GAAP, Solvency II, and Lloyd's accounting and reporting rules. Advanced Excel skills and excellent communication are essential.
Syndicate Finance Accountant Lead in London employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Finance Accountant Lead in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss UK GAAP, Solvency II, and Lloyd's reporting rules. We want you to shine when they ask about your experience with regulatory returns and financial statements!
✨Tip Number 3
Showcase your analytical skills! Bring examples of reports or tools you've developed in previous roles. This will demonstrate your ability to create valuable insights for management analysis, which is key for the Syndicate Finance Accountant Lead position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you that dream role!
We think you need these skills to ace Syndicate Finance Accountant Lead in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Syndicate Finance Accountant Lead role. Highlight your experience in the Lloyd's market and any relevant qualifications like ACA, ACCA, or CIMA. We want to see how your skills match what we're looking for!
Showcase Your Technical Skills: Don’t forget to emphasise your technical understanding of UK GAAP, Solvency II, and Lloyd's accounting rules. We love seeing candidates who can demonstrate their advanced Excel skills and how they've used them in previous roles.
Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read through your experience and achievements. We appreciate a well-structured application!
Apply Through Our Website: Finally, make sure you apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the Syndicate Finance Accountant Lead position. We can’t wait to hear from you!
How to prepare for a job interview at HFG
✨Know Your Numbers
Make sure you brush up on your knowledge of Syndicate reporting and the specific regulatory returns you'll be dealing with. Familiarise yourself with key reports like Flash reports and Solvency II, as well as any recent changes in Lloyd's accounting rules. This will show that you're not just qualified but also genuinely interested in the role.
✨Showcase Your Analytical Skills
Prepare to discuss how you've developed analytical tools or reports in previous roles. Bring examples of how these tools have improved decision-making or efficiency. This will demonstrate your ability to contribute to management analysis and support the finance transformation initiatives they’re looking for.
✨Communicate Clearly
Since excellent communication is essential for this role, practice explaining complex financial concepts in simple terms. Be ready to discuss how you've liaised with different teams, like underwriting and actuarial, to ensure accuracy in submissions. This will highlight your collaborative skills and ability to work across departments.
✨Prepare for Technical Questions
Expect questions that test your understanding of UK GAAP and Solvency II. Review common scenarios or challenges faced in Syndicate reporting and think about how you would address them. Being able to articulate your thought process will impress interviewers and show your strong technical background.