At a Glance
- Tasks: Lead the quarterly close process and prepare regulatory returns for syndicates.
- Company: Join a leading London market re-insurer with a strong reputation.
- Benefits: Full-time role with competitive salary and opportunities for professional growth.
- Why this job: Make a significant impact in the insurance industry while enhancing your financial expertise.
- Qualifications: Qualified accountant with 7+ years in the insurance market, preferably in Lloyd's.
- Other info: Dynamic environment with a focus on regulatory compliance and financial analysis.
The predicted salary is between 48000 - 72000 £ per year.
HFG are partnering with a London market reāinsurer to recruit a Syndicate Reporting Manager who will lead the accurate close of accounting ledgers and prepare regulatory returns for the syndicates.
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 quarterāend close timetable.
- Responsible for the preparation and delivery of financial analysis and performance as required by the 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.
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, preferably in the Lloyd's Market.
- Experience in the close process of a multiācurrency ledger structure (Preferable Sun).
- Sound understanding of current insurance industry standards and external statutory and regulatory reporting requirements on both GAAP and Solvency.
Seniority level: MidāSenior
Employment type: Fullātime
Syndicate Reporting Manager in London employer: HJF Promotional Products
Contact Detail:
HJF Promotional Products Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Syndicate Reporting Manager in London
āØTip Number 1
Network like a pro! Reach out to your connections in the insurance market, especially those who have experience in the Lloyd's Market. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
āØTip Number 2
Prepare for interviews by brushing up on UK GAAP and regulatory reporting requirements. We want you to be ready to impress with your knowledge of the close process and financial analysis. Practice common interview questions related to your experience in the insurance sector.
āØTip Number 3
Showcase your achievements! When discussing your past roles, highlight specific examples of how you've improved accounting processes or enhanced reporting accuracy. Numbers speak volumes, so donāt shy away from sharing quantifiable results.
āØTip Number 4
Apply through our website! Itās the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Donāt miss out on the chance to stand out!
We think you need these skills to ace Syndicate Reporting Manager in London
Some tips for your application š«”
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!
Showcase Your Skills: In your cover letter, don't just list your qualifications; showcase your skills! Talk about your experience with the quarterly close process and how you've managed financial analysis in the past. We love seeing real examples of how you've made an impact in previous roles.
Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read through your achievements and responsibilities. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: Finally, donāt forget to apply through our website! Itās the best way for us to receive your application and ensures youāre considered for the role. Plus, it shows us you're keen on joining the StudySmarter team!
How to prepare for a job interview at HJF Promotional Products
āØKnow 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 close process in previous roles. Prepare specific examples that showcase your experience with balance sheet reconciliations and regulatory returns.
āØUnderstand the Regulatory Landscape
Familiarise yourself with the current insurance industry standards and regulatory requirements. Be prepared to talk about your experience with Lloyd's regulatory returns and how you ensure compliance. This will show that youāre not just qualified but also proactive in staying updated.
āØShowcase Your Leadership Skills
Since this role involves leading the quarterly close process, think about times when you've successfully managed a team or project. Highlight your ability to prepare and manage timetables, and how youāve enhanced accounting environments in past positions.
āØEngage with Questions
Interviews are a two-way street! Prepare thoughtful questions about the companyās culture, their approach to regulatory reporting, and how they support their teams. This shows your genuine interest in the role and helps you assess if itās the right fit for you.