At a Glance
- Tasks: Manage financial reporting and ensure timely, accurate accounting for a leading re-insurer.
- Company: Join a prestigious 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 and make a real impact.
- Qualifications: Qualified accountant with 7 years' experience in the insurance market, preferably in Lloyd's.
- Other info: Opportunity to work closely with external auditors and enhance regulatory reporting processes.
The predicted salary is between 60000 - 84000 £ 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 ledges, along with the preparation and submission of regulatory returns for the Syndicates. Working closely with the Syndicate Controller, proactive interaction with other functions across all financial reporting matters to ensure all reporting deliverables are 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 submissions are signed and submitted to the regulatory bodies within the desired timelines.
Profile:
- 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.
Syndicate Reporting Manager in City of London employer: High Finance Limited
Contact Detail:
High Finance Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Reporting Manager in City of London
✨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, to demonstrate your technical skills. This will make you stand out as a candidate who can hit the ground running.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s get you that Syndicate Reporting Manager position!
We think you need these skills to ace Syndicate Reporting Manager in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your qualifications, especially if you're a qualified accountant or have relevant experience in the insurance market.
Showcase Your Experience: When writing your cover letter, emphasise your 7 years of experience in the insurance market, particularly in the Lloyd's Market. We want to see how your background aligns with the responsibilities of the Syndicate Reporting Manager role.
Be Clear and Concise: Keep your application straightforward and to the point. Use bullet points where possible to make it easy for us to read through your achievements and qualifications quickly.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at High Finance Limited
✨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. Bring examples of your work with Balance Sheet and P&L reconciliations to showcase your expertise.
✨Understand the Regulatory Landscape
Familiarise yourself with Lloyd's regulatory returns and the specific requirements for submission. Be prepared to talk about your experience liaising with external auditors and how you ensured timely submissions in the past. This will show that you understand the importance of compliance in this role.
✨Showcase Your Teamwork Skills
This role involves working closely with the Syndicate Controller and other functions. Think of examples where you've collaborated effectively to meet reporting deadlines. Highlighting your proactive communication skills will demonstrate that you're a team player who can drive results.
✨Prepare for Technical Questions
Expect some technical questions related to multi-currency ledger structures and financial analysis. Review your knowledge of accounting software, especially if you have experience with Sun. Being able to discuss your technical skills confidently will set you apart from other candidates.