Syndicate Accountant

An exciting opportunity to join a very successful Lloyds syndicate has come up. They are looking for a Qualified ACA accountant to join their business as a Syndicate Accountant with very broad responsibilities and exposure to their business.

Responsible for certain aspects of the financial accounting, internal controls, budgeting and financial reporting for Syndicate 1458 and the company's broader Lloyd's business unit. Responsible for managing projects to enhance the efficiency and effectiveness of reporting requirements and in an increasingly complex environment. Responsible for supporting the development of financial performance and analysis function.

The role will have close interaction across multiple function areas of the business and work with the wider finance team to add value across relevant business areas and support senior and executive management decision making. The role provides exposure to the overall business within the fast-growing Syndicate and Lloyd's business unit and opportunities for progression within a dynamic team.

RESPONSIBILITIES INCLUDE:

• Prepare financial reports/returns in accordance with required GAAP / standards
• Prepare timely and accurate financial reporting, both for statutory purposes and for management information
• Complete aspects of the monthly close, including reporting to Bermuda Parent in compliance with US GAAP
• Prepare financial analysis and performance reports
• Prepare various Lloyd's and regulatory returns including Quarterly Monitoring Return, US and Canadian trading, Quarterly Reporting Templates, etc.
• Develop and maintain policies and procedures to ensure appropriate financial and internal controls are in place, including compliance with Section 404 of the Sarbanes-Oxley Act of 2002
• Liaise with internal and external auditors
• Ensure appropriate quality control processes exist and are followed for preparation and submission of financial reports/returns
• Prepare budgets and other financial plans for management information, corporate entities, third parties
• Support the continued enhancement and on-going development of the Reinsurance Accounting Platform (SICS) ensuring that all Finance needs are met
• Assist and work closely with Operations Team to ensure accuracy of transactions and financial disclosure
• Engage with miscellaneous project work and provide general assistance to the Finance Director and Finance Department as necessary

QUALIFICATIONS, SKILLS & EXPERIENCE:

Basic competencies:

• Proven problem solving and analytical skills
• Proven ability to prioritise work load and meet deadlines
• Ability to work on own initiative and complete work in a methodical, thorough and organised manner
• Be an efficient and effective team member and participate fully to achieve team goals
• Excellent numerical skills and keen attention to detail
• Strong Excel skills essential

Professional/Technical competences:

• Strong experience with Lloyd's market (Managing Agency/Syndicate),(re)insurance industry, including experience with regulatory reporting
• Strong knowledge of US/UK GAAP, incorporating SEC and SOX experience
• Strong working knowledge of general ledger systems and policy administration/accounting systems (preferred)

Educational/Professional Requirements:

• Professional accounting designation (ACA qualified or equivalent),
• 2 years post qualified experience (preferred but not essential)
• Big 4 audit practice experience