Syndicate Accountant

Syndicate Accountant

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage syndicate reporting and collaborate with financial teams for accurate reporting.
  • Company: SiriusPoint is a global leader in insurance and reinsurance, listed on the NYSE.
  • Benefits: Enjoy hybrid work options, competitive pay, and a supportive team culture.
  • Why this job: Join a diverse team where your expertise makes a real impact in a collaborative environment.
  • Qualifications: 3-5 years in finance, accounting qualification, and strong knowledge of Lloyd's reporting required.
  • Other info: We value diversity and inclusion, ensuring all voices are heard and respected.

The predicted salary is between 43200 - 72000 £ per year.

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as 'One SiriusPoint', to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

The Syndicate Accountant is responsible for maintenance of the syndicate reporting ledger and for liaising with the Financial Reporting Manager and the Financial Reporting Accountant to complete internal and external regulatory reporting for the Lloyd's syndicate and the Managing Agency. The role requires significant and proactive interaction with financial reporting colleagues to ensure that the reporting deliverables are met within the set deadlines.

Key Responsibilities:
  • Oversee the production of the syndicate reporting TB and guide the work of the Financial Reporting and Planning analyst to achieve this end.
  • Oversee the production of monthly and quarterly reconciliations.
  • Take a lead in the production of the Primary financial statements (Balance sheet and P & L) of the syndicate and populate regulatory returns accordingly.
  • Take a lead in the accounting for the syndicate's investments and the continuing development of the investment accounting function.
  • Contribute to the development of the systems for UK syndicate reporting.
  • Assist the Financial Reporting Manager with the creation and maintenance of Financial Reporting process documentation.
  • Liaise with SiriusPoint departments, clients and external parties (e.g. auditors) on aspects of the syndicate financial information as necessary.
  • Administer banking mandates and signatories for the Syndicate, Managing Agency, and the Corporate Member.
  • Attend workshops relating to syndicate reporting as appropriate.
  • Ad hoc finance projects and reporting.
  • To perform all duties in line with the FCA Individual Conduct Rules as documented in the Employee Handbook.
  • Any other duties as reasonably required.
Key Skills & Experience:
  • Experience: At least 3-5 years in a syndicate reporting or finance role within the insurance industry, with a solid understanding of Lloyd's accounting and reporting rules.
  • Accounting Qualification: A qualified accountant (CA, ACCA, CIMA or equivalent).
  • Regulatory Knowledge: Strong working knowledge of Lloyd's reporting requirements, UK/US GAAP, Solvency II, and the Companies Act.
  • Advanced Excel & Reporting: Proficiency in advanced Excel and experience in advanced report writing, with the ability to develop and use analytical tools.
  • Software Knowledge: Familiarity with Lloyd's accounting and reporting software (desirable).
  • Problem-Solving & Initiative: A self-starter with a 'can-do' attitude, able to solve problems independently and take on new responsibilities.
  • Communication Skills: Strong verbal and written communication skills, with the ability to interact effectively at all levels within the organisation.

Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package.

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business. We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.

Syndicate Accountant employer: SiriusPoint Ltd.

SiriusPoint is an exceptional employer, offering a dynamic and collaborative work culture in the heart of London. With a strong commitment to employee growth and diversity, we empower our team members to thrive in their careers while providing competitive compensation and a supportive environment. Join us to make a meaningful impact within a global organisation that values integrity, customer focus, and innovative solutions.
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Contact Detail:

SiriusPoint Ltd. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Syndicate Accountant

✨Tip Number 1

Familiarise yourself with Lloyd's accounting and reporting rules, as well as UK/US GAAP and Solvency II. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the insurance industry, particularly those who work in syndicate reporting. Attend relevant workshops or webinars to gain insights and make connections that could lead to referrals.

✨Tip Number 3

Showcase your advanced Excel skills by preparing a portfolio of reports or analyses you've created in the past. Being able to discuss these examples during your interview can set you apart from other candidates.

✨Tip Number 4

Research SiriusPoint’s values and culture thoroughly. Be prepared to discuss how your personal values align with theirs, especially around diversity and collaboration, as this will resonate well during the interview process.

We think you need these skills to ace Syndicate Accountant

Syndicate Reporting
Lloyd's Accounting and Reporting Rules
Financial Reporting
Regulatory Knowledge
UK/US GAAP
Solvency II
Companies Act
Advanced Excel
Report Writing
Analytical Tools Development
Problem-Solving Skills
Initiative
Communication Skills
Team Collaboration
Accounting Qualification (CA, ACCA, CIMA or equivalent)
Familiarity with Lloyd's Accounting Software

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in syndicate reporting or finance roles within the insurance industry. Emphasise your understanding of Lloyd's accounting and reporting rules, as well as any accounting qualifications you hold.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific skills that align with the job description, such as your proficiency in advanced Excel and your problem-solving abilities. Show how your values align with those of SiriusPoint.

Highlight Regulatory Knowledge: Clearly outline your knowledge of Lloyd's reporting requirements, UK/US GAAP, and Solvency II in your application. This will demonstrate your suitability for the role and your ability to navigate the regulatory landscape effectively.

Proofread Your Application: Before submitting your application, take the time to proofread it thoroughly. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented clearly. A polished application reflects your attention to detail.

How to prepare for a job interview at SiriusPoint Ltd.

✨Know Your Numbers

As a Syndicate Accountant, you'll be dealing with financial statements and regulatory reports. Brush up on your knowledge of Lloyd's accounting rules and UK/US GAAP to demonstrate your expertise during the interview.

✨Showcase Your Communication Skills

This role requires strong communication skills for liaising with various departments and external parties. Prepare examples of how you've effectively communicated complex financial information in previous roles.

✨Demonstrate Problem-Solving Abilities

Be ready to discuss specific instances where you've tackled challenges independently. Highlight your 'can-do' attitude and how it has helped you succeed in past finance roles.

✨Familiarise Yourself with Relevant Software

If you have experience with Lloyd's accounting and reporting software, make sure to mention it. If not, do some research on commonly used tools in the industry to show your initiative and willingness to learn.

Syndicate Accountant
SiriusPoint Ltd.
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  • Syndicate Accountant

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-05-23

  • S

    SiriusPoint Ltd.

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