Role Overview
- To control the finance processes for the allocated syndicates. This includes: financial management, financial close, regulatory reporting and internal controls, prior to review by the SFC . The role includes liaising closely with clients, plus internal and external stakeholders, to ensure robust processes are in place and the full range of finance tasks are completed to a good standard.
- 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 UK returns.
- 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.
Requirements
- 2+ years of insurance industry experience in a syndicate reporting role or auditing Lloyd’s syndicates
- Experience in dealing with change and process improvement
- Qualified accountant
Tech Stack
Benefits
As well as a competitive salary, discretionary annual bonus, and a minimum 26 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay. ****
You will also have access to company volunteering days, an Electric Vehicle (EV) leasing scheme, an employee assistance programme with retail discounts and savings, a generous employee referral scheme and regular sports and social events. ****Benefits Band 3