At a Glance
- Tasks: Manage the quarterly close process and ensure accurate financial reporting.
- Company: Join a leading London market re-insurer with a strong reputation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Be at the forefront of financial reporting in the insurance industry.
- Qualifications: Qualified accountant with 7+ years in the insurance market.
- Other info: Opportunity to work with a collaborative team and enhance your career.
The predicted salary is between 48000 - 72000 £ per year.
HFG are currently partnering with a London market re-insurer in search for their next Syndicate Reporting Manager. This role is part of the Syndicate Finance team and is responsible for the timely and accurate close of the accounting ledgers, along with the preparation and submission of regulatory returns for the Syndicates. Working closely with the Syndicate Controller proactive interaction with other functions across on all financial reporting matters to ensure all reporting deliverables and met within the deadlines set.
Responsibilities
- Complete all aspects of the quarterly close process and present the ledgers in accordance with UK GAAP
- Responsible for review of all Balance Sheet and P&L reconciliations
- Responsible for the preparation and management of the quarter end close timetable
- Responsible for the preparation and delivery of financial analysis and performance as required by group
- Develop and enhance the existing controlled accounting environment around ledger population and regulatory reporting
- Liaise with external auditors to ensure regulatory submission are signed and submitted to the regulatory bodies within the desired timelines
Qualifications
- Qualified accountant (ACA or ACCA) or qualified by experience
- Experience within the insurance market for 7+ years preferably in the Lloyd\\\’s Market
- Experience in the completion of Lloyd\\\’s regulatory returns
- Experience in the production of UK GAAP Financial statements preferable in the Lloyd\\\’s Market
- Experience in the close process of a multi-currency ledger structure (Preferable Sun)
- Sound understanding of current insurance industry standards and external statutory and regulatory reporting requirements on both GAAP and Solvency
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Syndicate Reporting Manager employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Reporting Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who have experience in the Lloyd's Market. A friendly chat can lead to insider info about job openings that might not even be advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on UK GAAP and regulatory reporting requirements. We all know that confidence is key, so practice answering common questions related to financial analysis and the close process to show you're the right fit for the Syndicate Reporting Manager role.
✨Tip Number 3
Don’t forget to showcase your experience with multi-currency ledgers! Highlight any specific tools or software you’ve used, like Sun, during your conversations. This will help you stand out as someone who can hit the ground running.
✨Tip Number 4
Apply through our website! It’s super easy and ensures your application gets the attention it deserves. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Syndicate Reporting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Syndicate Reporting Manager role. Highlight your experience in the insurance market, especially if you've worked with Lloyd's regulatory returns or UK GAAP financial statements. We want to see how your background fits perfectly with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Syndicate Finance team. Share specific examples of your past achievements and how they relate to the responsibilities listed in the job description. We love a good story!
Showcase Your Qualifications: Since we're looking for a qualified accountant, make sure to clearly state your qualifications (ACA or ACCA) in your application. If you have relevant experience, especially in the Lloyd's Market, don’t forget to mention it. We want to know what makes you stand out!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don't miss any important updates. Plus, it shows us you're keen on joining our team at StudySmarter!
How to prepare for a job interview at HFG
✨Know Your Numbers
As a Syndicate Reporting Manager, you'll need to be on top of your financial game. Brush up on UK GAAP and be ready to discuss how you've handled the quarterly close process in your previous roles. Be prepared to share specific examples of how you’ve managed balance sheet reconciliations and P&L statements.
✨Understand Regulatory Requirements
Familiarise yourself with Lloyd's regulatory returns and the submission process. Make sure you can articulate your experience in preparing these returns and how you liaised with external auditors. This shows that you not only know the rules but can also navigate them effectively.
✨Showcase Your Teamwork Skills
This role involves working closely with the Syndicate Controller and other functions. Be ready to discuss how you've collaborated with different teams in the past to meet reporting deadlines. Highlight any instances where your proactive communication made a difference in achieving financial reporting goals.
✨Prepare for Technical Questions
Expect some technical questions related to multi-currency ledger structures and financial analysis. Brush up on your knowledge of accounting software, especially if you have experience with Sun. Being able to confidently discuss your technical skills will set you apart from other candidates.