At a Glance
- Tasks: Oversee financial controllership for managed syndicates and collaborate across departments.
- Company: Join Hiscox, a leading specialist insurer with a culture of innovation.
- Benefits: Enjoy hybrid working, competitive salary, and a commitment to diversity.
- Other info: Be part of a unique culture that encourages personal growth and work-life balance.
- Why this job: Make a real impact in a dynamic environment that values creativity and autonomy.
- 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, producing, maintaining, reconciling, and analysing accounting ledgers, followed by financial analytics and business partnership with business units on KPIs and result management.
Key Responsibilities:
- Manage all aspects of the ledger accounting process, including preparing the Syndicate accounting ledgers, the managing Agent's ledger, and the corporate member's ledger.
- 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 the 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.
- 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.
- Proven people leadership experience, with a track record of managing high-performing teams.
- Experience working with offshore or distributed teams.
- Qualified accountant (ACA, ACCA, CIMA or equivalent).
- Excellent IT skills, including experience of accounting ledgers and data analysis/modelling applications.
Diversity and flexible working 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.
Syndicate Accounting & Reporting Manager (Permanent and FTC) in London employer: Hiscox
Hiscox SA is an excellent employer, offering a dynamic work environment that fosters innovation and collaboration in the field of cyber security. With a hybrid work model, employees enjoy flexibility while benefiting from a comprehensive package that supports their professional growth and well-being. The company prioritises employee development and engagement, making it a rewarding place for those looking to make a meaningful impact in the realm of AI and risk protection.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Accounting & Reporting Manager (Permanent and FTC) in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Hiscox. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Syndicate Accounting & Reporting Manager (Permanent and FTC) in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Hiscox.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Hiscox's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Hiscox
✨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.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Hiscox will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Hiscox employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.