At a Glance
- Tasks: Join our Finance team as a Syndicate Accountant, ensuring accurate financial reporting and controls.
- Company: Tokio Marine Kiln is a leading underwriting firm with over 140 years of experience.
- Benefits: Enjoy flexible working options, inclusion networks, and opportunities for CSR activities.
- Why this job: Be part of a supportive culture focused on empowerment, teamwork, and innovation.
- Qualifications: Must be a qualified accountant with Lloyd's/Insurance reporting knowledge.
- Other info: We accommodate diverse talent and provide support throughout the application process.
The predicted salary is between 36000 - 60000 £ per year.
We have the opportunity for a Syndicate Accountant to join our Finance team here at Tokio Marine Kiln. Reporting into the Syndicate Finance Manager, the role will support timely and accurate financial reporting and associated control activities relating to TMK’s managed Syndicates to ensure all internal and external reporting requirements are met.
Alongside the Syndicate Finance Manager, the role will also be responsible for ensuring that syndicate transactions are accounted for correctly and will work closely with key stakeholders across the business to ensure that operational improvements arising from the Future at Lloyd’s Strategy and the Lloyd’s Reporting Rationalisation projects are appropriately embedded into the syndicate close process.
This role includes responsibility for:
- Monthly maintenance of the syndicates’ ledgers for accuracy and completeness
- Production and timely submission of annual and quarterly syndicate regulatory returns
- Production and timely submission of the Solvency II returns for the syndicate platform
- Production of quarterly analytical review and commentary on the reported performance and position of the syndicates
- Implement new processes to ensure that any reporting changes from Lloyd's and other internal or external parties are delivered efficiently
- Assist in the development of systems and databases to increase efficiency and the level of automation
- Ensure that all financial reporting controls are documented and evidenced for review
- Critically review information received by other departments for inclusion in syndicate financial returns
- Ad hoc departmental duties as required
- Liaise with internal and external auditors
- Support the career development of other team members by providing coaching and guidance over changes to financial reporting standards and other ad-hoc accounting matters.
It is essential that the successful candidate is a qualified accountant who has Lloyd's/Insurance reporting and accounting knowledge. We are looking for someone who is a team player that has excellent communication and organisational skills.
The successful candidate will be welcomed into the TMK family to help us further our purpose of enabling our clients to fulfil their ambitions whilst benefiting society and our people. We are committed to ensuring a safe, open, inclusive and empowering environment in which all of our people can thrive.
All employees have the opportunity to join one or a number of inclusion network groups or take part in CSR and charitable activities. TMK is signed up to the Disability Confident Employer Scheme and we also accommodate flexible working, subject to the TMK flexible working policy.
As an underwriting firm with over 140 years’ experience of protecting clients from changing risks we put our confidence in the ability and talent of our people. We aim to be a ‘Good Company’ and this means being a great and inclusive company to do business with and being a great place to work. Our culture is founded on our core values of empowerment, inclusion, excellence, integrity, teamwork and innovation.
We seek to recruit the best talent by endeavouring to reach diverse talent pools, offering dynamic working arrangements and investing in development. To make your experience as comfortable as possible, please let us know if you require any reasonable adjustments or additional assistance during your application process. At Tokio Marine Kiln we are here to support you, please be reassured that we will do all that we can to ensure that your specific needs are met.
Please reach out to jay.lewis@tokiomarinekiln.com in confidence, to discuss any specific assistance or requirements that you have. If you are interested in this vacancy and would like to apply or find out more, please follow the links to apply. You can also share this vacancy with your network using a number of social media platforms.
Syndicate Accountant employer: Tokio Marine Kiln
Contact Detail:
Tokio Marine Kiln Recruiting Team
jay.lewis@tokiomarinekiln.com
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Accountant
✨Tip Number 1
Familiarise yourself with the Lloyd's reporting and accounting standards. Understanding these regulations will not only help you in the interview but also demonstrate your commitment to the role and the industry.
✨Tip Number 2
Network with professionals in the insurance and finance sectors, especially those who have experience with syndicate accounting. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss how you've implemented process improvements in previous roles. Highlighting your ability to enhance efficiency aligns well with TMK's focus on operational improvements.
✨Tip Number 4
Showcase your teamwork and communication skills during the interview. Since the role involves liaising with various stakeholders, demonstrating your collaborative approach will be key to landing the job.
We think you need these skills to ace Syndicate Accountant
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Syndicate Accountant position. Highlight key skills such as financial reporting, accounting knowledge, and teamwork.
Tailor Your CV: Customise your CV to reflect your relevant experience in accounting and finance, particularly in the insurance sector. Emphasise your qualifications and any specific experience with Lloyd's reporting and regulatory returns.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your skills align with their core values of empowerment, inclusion, and teamwork, and provide examples of how you can contribute to their goals.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. Ensure that all information is clear and professional, as attention to detail is crucial in accounting roles.
How to prepare for a job interview at Tokio Marine Kiln
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Syndicate Accountant. Familiarise yourself with financial reporting, regulatory returns, and the specific requirements of Lloyd's. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Qualifications
As a qualified accountant, be prepared to discuss your qualifications in detail. Highlight any relevant experience you have with Lloyd's or insurance reporting, as this is crucial for the role. Be ready to provide examples of how you've applied your skills in previous positions.
✨Emphasise Teamwork and Communication
Since the role involves liaising with various stakeholders, emphasise your teamwork and communication skills. Prepare examples of how you've successfully collaborated with others in past roles, especially in finance or accounting contexts.
✨Align with Company Values
Tokio Marine Kiln values empowerment, inclusion, and innovation. Research these values and think about how your personal values align with them. Be ready to discuss how you can contribute to their culture and support their mission during the interview.