Syndicate Accountant

Syndicate Accountant

London Full-Time 48000 - 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 insurance and reinsurance underwriter, 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: Embrace a culture of diversity and inclusion while developing your career.

The predicted salary is between 48000 - 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. We have underwriting hubs in Bermuda, Liege, London, New York, Stockholm and Toronto, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

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. We Achieve More Together. 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

SiriusPoint is an exceptional employer, offering a dynamic and inclusive work culture in the heart of London. With a strong commitment to employee growth and development, we empower our team members to thrive in their careers while enjoying a competitive compensation package. Our values of integrity, collaboration, and diversity ensure that every voice is heard, making SiriusPoint a rewarding place to work for those seeking meaningful contributions in the insurance and reinsurance industry.
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Contact Detail:

SiriusPoint 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 understanding the industry standards expected in the role.

✨Tip Number 2

Network with professionals in the insurance and reinsurance sectors, particularly those who have experience in syndicate reporting. Attend industry events or webinars to make connections that could lead to valuable insights or referrals for the position.

✨Tip Number 3

Showcase your advanced Excel skills by preparing examples of analytical tools or reports you've developed in previous roles. Being able to discuss these during an 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, collaboration, and customer focus, 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.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the finance sector.

How to prepare for a job interview at SiriusPoint

✨Know Your Numbers

As a Syndicate Accountant, you'll need to demonstrate your understanding of Lloyd's accounting and reporting rules. Brush up on key financial metrics and be prepared to discuss how you've applied these in previous roles.

✨Showcase Your Software Skills

Familiarity with Lloyd's accounting software is a plus. If you have experience with specific tools, be ready to talk about how you've used them to streamline reporting processes or improve accuracy in financial statements.

✨Communicate Clearly

Strong communication skills are essential for this role. Practice explaining complex financial concepts in simple terms, as you may need to liaise with various departments and external parties during your work.

✨Demonstrate Problem-Solving Abilities

The role requires a proactive approach to problem-solving. Prepare examples from your past experiences where you've identified issues and implemented effective solutions, showcasing your initiative and 'can-do' attitude.

Syndicate Accountant
SiriusPoint
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  • Syndicate Accountant

    London
    Full-Time
    48000 - 72000 £ / year (est.)

    Application deadline: 2027-04-20

  • S

    SiriusPoint

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