The Syndicate Finance Manager required by expanding Lloyd’s syndicate.
This role will be responsible for overseeing the financial accounting operations of the Lloyd’s underwriter, ensuring robust financial control, accurate reporting, regulatory compliance, and continuous improvement of finance processes.
This is a rapidly evolving environment which creates a dynamic environment for future career development/opportunities.
The role will play a key part in driving automation, system enhancements (including SAP), and strengthening accounting policies in line with Lloyd’s, UK GAAP/IFRS, and regulatory requirements.
The Role
- Lead process and control improvements across the finance function to enhance efficiency, accuracy, and scalability.
- Identify, design, and implement automation opportunities within finance processes, including expense management and banking solutions.
- Maintain and improve internal controls in line with best practice and audit requirements.
- Prepare and review monthly management accounts, ensuring timely and accurate reporting to senior management.
- Produce cash flow projections and monitor actual cash movements, providing analysis and insights on variances.
- Support financial planning, forecasting, and ad‑hoc analysis as required.
- Oversee QMA and QMB processes, ensuring accurate, complete, and timely submissions to Lloyd’s.
- Manage regulatory and statutory reporting obligations, including Lloyd’s returns, UK statutory accounts, and audit support.
- Act as a key point of contact for auditors and regulators in relation to accounting matters.
- Own and maintain accounting policies, ensuring alignment with IFRS/UK GAAP, Lloyd’s requirements, and internal governance standards.
- Manage and develop members of the accounting team, promoting high standards and continuous improvement.
Skills and Experience
- Qualified accountant (ACA, ACCA, CIMA or equivalent).
- Proven experience in a financial accounting or accounting manager role within insurance, ideally the Lloyd’s market.
- Strong understanding of Lloyd’s reporting requirements, including QMA and QMB.
- Experience with SAP or similar ERP systems, including involvement in system changes or enhancements.
Syndicate Finance Manager employer: Nashrock Insurance Recruitment
Nashrock Insurance Recruitment is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. With a focus on employee growth, the company provides ample opportunities for progression within the insurance sector, particularly in the exciting MEA markets. Employees benefit from competitive salaries and the chance to engage with complex, high-profile risks, making it a rewarding place to build a meaningful career.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
