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Senior Syndicate Accountant

TN United Kingdom

London

Hybrid

GBP 45,000 - 75,000

Full time

Yesterday
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Job summary

An established industry player is seeking a Senior Syndicate Accountant to oversee the finance function of allocated syndicates. This role involves critical financial management tasks, including preparing management accounts, regulatory reporting, and ensuring robust financial processes are adhered to. The ideal candidate will bring over three years of syndicate reporting experience, a strong accounting background, and exceptional proficiency in Microsoft Excel. This position offers a competitive salary, discretionary bonuses, and a comprehensive benefits package, including flexible hybrid working arrangements, private health insurance, and generous annual leave. Join a dynamic team and contribute to impactful financial operations!

Benefits

Discretionary annual bonus
25 days annual leave
Private health insurance
Life assurance
Income protection
Enhanced pension contributions
Occupational maternity and paternity pay
Company volunteering days
Employee assistance programme
Employee referral scheme

Qualifications

  • 3+ years of syndicate reporting experience in the insurance industry.
  • Must be a qualified accountant with strong Excel skills.

Responsibilities

  • Review syndicate bookkeeping entries and prepare management accounts.
  • Prepare Lloyd’s returns and assist with annual report production.

Skills

Insurance industry experience
Qualified accountant
Microsoft Excel proficiency
Organizational skills
Analytical skills
Attention to detail
Problem-solving
Teamwork
Communication skills

Education

Accountancy qualification

Tools

Microsoft applications

Job description

Polo Managing Agency is a provider of outsourced managing agency services within the Lloyd’s market. Due to business growth, a Senior Syndicate Accountant role is available, reporting to the Financial Controller and responsible for day-to-day activities of the syndicate finance function. An extensive syndicate background and detailed Lloyd's returns experience is essential to this role.


To prepare the finance processes pertaining to the allocated syndicates, including: financial management, financial close, regulatory reporting and internal controls, prior to review by the Financial Controller, liaising closely with clients, internal and external stakeholders to ensure robust processes are in place and the full range of finance tasks are completed to a good standard.

Key Responsibilities
  • Review syndicate bookkeeping entries and controls operated by the outsourced service provider.
  • Prepare Syndicate management accounts including analytical review of results.
  • Preparation and review of key balance sheet reconciliations.
  • Prepare Lloyd’s returns including Annual returns, Quarterly returns, US and Canadian 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 governance meetings.
  • Contribute to the development of systems for syndicate reporting.
  • Respond to client and internal queries as required, maintaining a high level of service throughout.
  • Support project work, including new syndicate launches as required.
Skills, Knowledge & Expertise
  • 3+ years of insurance industry experience in a syndicate reporting role
  • Experience in dealing with change and process improvement
  • Qualified accountant
  • Must be highly proficient with the Microsoft applications, particularly Excel
  • Excellent organisational skills, ability to multi-task
  • Strong attention to detail
  • Highly analytical
  • Ability to work semi-independently and use own initiative to problem solve
  • Good teamworking
  • Ability to work under pressure and be flexible
  • Efficient, self-motivated
  • Good verbal and written communication skills
  • High levels of integrity and ability to lead on doing the right thing

As well as a competitive salary, discretionary annual bonus, and 25 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 employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel.

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