At a Glance
- Tasks: Oversee financial controllership for managed syndicates and collaborate across departments.
- Company: Join Hiscox, an innovative specialist insurer with a culture of creativity and trust.
- Benefits: Enjoy hybrid working, competitive salary, and a commitment to diversity and inclusion.
- Other info: Be part of a unique culture that values autonomy and encourages challenging the status quo.
- Why this job: Make a real impact in a dynamic environment while developing your career in finance.
- Qualifications: Experience in syndicate accounting and strong leadership skills required.
The predicted salary is between 54000 - 66000 £ per year.
Build a brilliant future with Hiscox.
As an international specialist insurer, we focus on key areas of expertise and strength, underpinned by a culture that encourages us to challenge convention and always look for a better way. We prioritise the principle of doing what we say we will. Our search for talent is the same; we empower our people to think creatively, challenge the status quo, and approach things with a solution-focused lens.
The Role:
Reporting to the Head of Syndicate Accounting and Reporting, you will oversee the full financial controllership duties for our three managed syndicates, managing agent, and corporate member. This includes:
- Overseeing the ledger controllership process, including reviewing, producing, maintaining, reconciling, and analysing accounting ledgers.
- Financial analytics and business partnership with business units on KPIs and result management.
- Comprehensive external/internal reporting function.
- Communicating and collaborating with different areas of the business such as actuarial, underwriting, risk and compliance, and group finance.
- Overseeing Finance projects, including ongoing improvements for IFRS 17 and implementation of controls framework.
Key Responsibilities:
- Manage all aspects of the ledger accounting process, including preparing the Syndicate accounting ledgers and completing the GL Close at the end of every month, quarter, and year.
- Prepare management reports and analyse business unit performance.
- Manage the timely production and review of Lloyd’s quarterly and annual regulatory returns, annual reports and accounts, and IFRS statutory reporting.
- Ensure BU financials are correct in the ledgers and any gaps are reported to BU leads.
- Prepare components of Board reporting and assist management in presenting HSL finance to the board.
- Ensure internal deadlines for group financial reporting schedules are met.
- Function as a key point of contact for the Syndicate auditors and manage the resolution of audit issues.
- Ensure group accounting policies are adhered to while performing accounting and reconciliations.
- Identify areas for process improvement and follow through to implementation.
- Manage, coach, and develop the Syndicate Accounting & Reporting team.
Skills / Qualifications / Experience Required:
- Significant experience within the Lloyd's market, specifically in syndicate accounting, reporting, and regulatory environments.
- Extensive experience of Lloyd's reporting requirements.
- Proven people leadership experience.
- Experience operating in a management and oversight capacity.
- Experience working with offshore or distributed teams.
- Qualified accountant (ACA, ACCA, CIMA or equivalent).
- Excellent IT skills, including experience of accounting ledgers and reporting tools.
Diversity and flexible working at Hiscox:
At Hiscox, we care about our people and are committed to diversity and creating an inclusive culture. We have introduced hybrid working to encourage a healthy work-life balance, allowing you to manage your own personal work-life balance.
Location: London
Type: Full time
Syndicate Accounting & Reporting Manager (Permanent and FTC) in London employer: Hiscox AG
Hiscox is an exceptional employer that prioritises diversity and inclusivity, fostering a culture where every employee can thrive. With a commitment to hybrid working, employees enjoy the flexibility to balance their professional and personal lives while collaborating with talented teams in a dynamic environment. The company offers robust opportunities for growth and development, ensuring that as a Technical Product Manager, you will play a pivotal role in shaping innovative solutions that drive business success.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Accounting & Reporting Manager (Permanent and FTC) in London
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We think you need these skills to ace Syndicate Accounting & Reporting Manager (Permanent and FTC) in London
Some tips for your application 🫡
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How to prepare for a job interview at Hiscox AG
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Hiscox AG.
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