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- Tasks: Manage syndicate finance functions and prepare key financial reports.
- Company: Join Polo Managing Agency, a leader in outsourced services within the Lloyd's market.
- Benefits: Enjoy a competitive salary, up to 10% bonus, and fantastic perks.
- Why this job: Be part of a growing team that values innovation, responsibility, and inclusivity.
- Qualifications: Solid syndicate background with experience in Lloyd's returns is essential.
- Other info: Work in a dynamic environment with opportunities for professional growth.
The predicted salary is between 43200 - 72000 £ per year.
Syndicate Accountant
Department: Managing Agency
Employment Type: Permanent
Location: London
Description
Polo Managing Agency is a provider of outsourced managing agency services within the Lloyd\’s market. Due to business growth, a Syndicate Accountant role is available, reporting to the Syndicate Financial Controller (\”SFC\”) and responsible for day-to-day activities of the syndicate finance function. You must have a solid syndicate background and have detailed Lloyd\’s returns experience.
Key Responsibilities
Review syndicate bookkeeping entries and controls operated by the outsourced service provider (a Cheltenham based Polo service company).
Prepare/Review Syndicate management accounts, including analytical review of results.
Prepare/Review key balance sheet reconciliations.
Prepare/Review Lloyd\’s returns including QMA Delta, QMB, Flash, Interim and Year-end Report and Accounts (includes \”tagging\”),
Prepare/Review Solvency II returns including QSR, QAD, ASR, AAD
Prepare/Review Overseas Reporting including schedules F&P, US and Canadian SIS.
Assist with planning and production of Syndicate annual report and accounts.
Prepare management information for Syndicate Management Committees.
Contribute to the development of systems for syndicate reporting.
Respond to client and internal queries as required, maintaining a high level of service throughout.
Liase with Auditors
Support project work, including new syndicate launches as required.
Skills, Knowledge and Expertise
Must be highly proficient with the Microsoft applications, particularly Excel
Excellent organisational skills, ability to multi-task
Strong attention to detail
Highly analytical
Ability to work semi-independently and use own initiative to problem solve
Good teamworking
Ability to work under pressure and be flexible
Efficient, self-motivated
Good verbal and written communication skills
High levels of integrity and ability to lead on doing the right thing
Demonstrates behaviours aligned to the PoloWorks PRIDE values:
o Pioneering – we don\’t stand still
o Responsible – We do the right thing
o Inclusive – we all play a role
o Delivery Focused- we provide services we are proud of
o Empowering – we equip people to be their best
- Competitive salary + fantastic benefits including up to 10% bonus
- Competitive salary + fantastic benefits including up to 10% bonus
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Syndicate Accountant employer: PoloWorks
Contact Detail:
PoloWorks Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Accountant
✨Tip Number 1
Familiarise yourself with the specific Lloyd's returns mentioned in the job description, such as QMA Delta and QMB. Understanding these reports will not only help you during the interview but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals already working in the Lloyd's market or within syndicate accounting. Engaging with them can provide valuable insights and potentially lead to referrals that could strengthen your application.
✨Tip Number 3
Brush up on your Excel skills, particularly in areas relevant to financial analysis and reporting. Being able to showcase your proficiency in Excel during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how you've demonstrated the PRIDE values in your previous roles. Think of specific examples that highlight your pioneering spirit, responsibility, inclusivity, delivery focus, and empowerment to show you're a great fit for the company culture.
We think you need these skills to ace Syndicate Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your syndicate accounting experience and familiarity with Lloyd's returns. Use specific examples that demonstrate your skills in managing accounts and financial reporting.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities listed, such as preparing management accounts and liaising with auditors.
Highlight Relevant Skills: Emphasise your proficiency in Microsoft applications, especially Excel, and your analytical abilities. Provide examples of how you've successfully managed multiple tasks under pressure in previous roles.
Showcase Your Values: Align your application with Polo's PRIDE values. Illustrate how you embody these principles in your work ethic, such as being responsible and delivery-focused, to demonstrate that you're a good cultural fit.
How to prepare for a job interview at PoloWorks
✨Showcase Your Syndicate Experience
Make sure to highlight your previous experience in syndicate accounting. Be prepared to discuss specific examples of your work with Lloyd's returns and how you've contributed to the financial functions in past roles.
✨Demonstrate Analytical Skills
Since the role requires a high level of analytical ability, be ready to explain how you've used data analysis in your previous positions. You might want to prepare a few scenarios where your analytical skills led to significant improvements or insights.
✨Familiarise Yourself with Relevant Software
Proficiency in Microsoft applications, especially Excel, is crucial for this role. Brush up on your Excel skills and be prepared to discuss how you've used these tools in your previous work, particularly in relation to financial reporting and reconciliations.
✨Align with Company Values
Polo Managing Agency values behaviours aligned with their PRIDE values. Research these values and think about how your personal work ethic and experiences reflect them. Be ready to share examples that demonstrate your commitment to being responsible, inclusive, and delivery-focused.
