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 part of a crucial finance team and make an impact in the insurance industry.
- Qualifications: Qualified accountant with 7+ years in the insurance market, preferably in Lloyd's.
- Other info: Opportunity for career growth in a supportive and collaborative setting.
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 is essential 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 London employer: High Finance (UK) Limited
Contact Detail:
High Finance (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Reporting Manager in 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 or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on UK GAAP and regulatory reporting requirements. We recommend creating a cheat sheet of key concepts and examples from your past experience to showcase your expertise during the interview.
✨Tip Number 3
Don’t just wait for job postings! Be proactive and reach out directly to companies you’re interested in, like the London market re-insurer we’re partnering with. Express your interest and ask if they have any upcoming opportunities.
✨Tip Number 4
Make sure to apply through our website for the best chance of landing that Syndicate Reporting Manager role. We streamline the process and ensure your application gets the attention it deserves!
We think you need these skills to ace Syndicate Reporting Manager in 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.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Syndicate Reporting Manager role. Mention your experience with UK GAAP and regulatory returns to grab our attention.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements in previous roles. Did you improve a process or meet tight deadlines? We love to see how you've made an impact!
Apply Through Our Website: To make sure your application gets noticed, apply directly through our website. It’s the best way for us to keep track of your application and ensure you’re considered for the interview!
How to prepare for a job interview at High Finance (UK) 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. Be specific about your experience with balance sheet reconciliations and regulatory returns.
✨Showcase Your Experience
With 7+ years in the insurance market, particularly in the Lloyd's Market, you should highlight relevant projects or challenges you've faced. Prepare examples that demonstrate your ability to manage multi-currency ledgers and liaise with external auditors effectively.
✨Understand the Bigger Picture
It's not just about numbers; it's about how they fit into the overall business strategy. Be prepared to discuss how your financial analysis has influenced decision-making in your past roles. This shows that you can think beyond the ledger and contribute to the company's success.
✨Prepare Questions
Interviews are a two-way street! Prepare insightful questions about the Syndicate Finance team and their current challenges. This not only shows your interest but also helps you gauge if this role aligns with your career goals.