At a Glance
- Tasks: Lead the preparation and review of Syndicate regulatory returns and develop analytical tools.
- Company: Established London market insurance business with a strong reputation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth and involvement in finance transformation initiatives.
- Why this job: Make a real impact in finance while working with a talented team.
- 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 employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Finance Accountant Lead
✨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! Be ready to talk about any tools or reports you've developed in previous roles. Highlight how these contributed to management analysis or improved processes. This will set you apart as a candidate who can add real value.
✨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 Syndicate Finance Accountant Lead role!
We think you need these skills to ace Syndicate Finance Accountant Lead
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 role. We can’t wait to see what you bring to the table!
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 Flash reports, QMB, and Solvency II requirements. Being able to discuss these confidently will show that you're not just familiar with the role but also understand the intricacies involved.
✨Showcase Your Analytical Skills
Prepare examples of analytical tools or reports you've developed in previous roles. Be ready to discuss how these tools improved decision-making or efficiency. This will demonstrate your ability to create value through analysis, which is crucial for the Syndicate Finance Accountant Lead position.
✨Communicate Effectively
Since this role involves liaising with various teams, practice articulating complex financial concepts in a clear and concise manner. Think about how you can explain technical details to non-financial colleagues. Good communication skills are essential, so don’t underestimate their importance in your interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and how you handle tight deadlines or audits. Think of specific situations where you maintained a strong control environment or improved reporting processes. Having these examples ready will help you stand out as a candidate who can thrive under pressure.