At a Glance
- Tasks: Join us to handle key accounting tasks for Lloyd's syndicates and ensure timely regulatory submissions.
- Company: Be part of a well-established London market insurer known for its commitment to diversity and inclusion.
- Benefits: Enjoy a fixed-term contract with opportunities for professional growth and development in the insurance sector.
- Why this job: This role offers hands-on experience in accounting while contributing to a diverse and inclusive workplace.
- Qualifications: Ideal candidates will have Lloyd's/Insurance reporting knowledge and be pursuing or holding ACCA/ACA qualifications.
- Other info: This is a 7-month fixed-term contract, perfect for gaining valuable industry experience.
The predicted salary is between 36000 - 60000 £ per year.
A well established London market insurer seeks an Assistant Syndicate Accountant role for a Fixed Term Contract role lasting 7 months. The role will include calculation and preparation of key accounting journals for the managed Lloyd's syndicates, production of key syndicate reconciliations, production of timely submission of all annual and quarterly syndicate regulatory returns, preparation of VAT returns, and assisting with the implementation of new processes. You will have Lloyd's/Insurance reporting and accounting knowledge and will be working towards ACCA/ACA or already qualified. Our client is committed to diversity in all of its forms and operates an inclusive recruitment process…
Assistant Syndicate Accountant (Fixed Term Contract) employer: Insight Recruitment Solutions
Contact Detail:
Insight Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Syndicate Accountant (Fixed Term Contract)
✨Tip Number 1
Familiarize yourself with the specific accounting practices and regulations related to Lloyd's syndicates. Understanding the nuances of this sector will give you a significant edge during the interview process.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work with Lloyd's. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on the latest developments in insurance accounting and regulatory requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 4
Prepare to discuss your experience with VAT returns and any relevant software tools you’ve used. Being able to articulate your hands-on experience will show that you're ready to hit the ground running.
We think you need these skills to ace Assistant Syndicate Accountant (Fixed Term Contract)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Assistant Syndicate Accountant position. Understand the key responsibilities, such as preparing accounting journals and regulatory returns, as well as the qualifications required.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience you have in Lloyd's or insurance reporting and accounting. Mention specific tasks you've handled that align with the responsibilities of this role.
Showcase Your Qualifications: If you are working towards ACCA/ACA or are already qualified, make sure to clearly state this in your application. Include any relevant coursework or certifications that demonstrate your expertise in accounting.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your understanding of the company's commitment to diversity and inclusion. Explain how your background and skills make you a great fit for their team.
How to prepare for a job interview at Insight Recruitment Solutions
✨Show Your Accounting Knowledge
Make sure to highlight your understanding of Lloyd's syndicates and insurance reporting during the interview. Be prepared to discuss specific accounting principles and how they apply to the role.
✨Demonstrate Process Improvement Skills
Since the role involves assisting with the implementation of new processes, think of examples from your past experiences where you contributed to process improvements. Share these stories to showcase your proactive approach.
✨Prepare for Technical Questions
Expect technical questions related to accounting journals, reconciliations, and VAT returns. Brush up on these topics and be ready to explain your thought process when tackling such tasks.
✨Emphasize Your Commitment to Diversity
Given the company's commitment to diversity, be prepared to discuss how you value inclusivity in the workplace. Share any relevant experiences that demonstrate your support for diverse teams.