Salary :
£55,000 - £65,000
Location:
London
Type:
Permanent
Reference:
1411/SYND/RM
Role description
Assist the Finance Manager, Finance Director and Active Underwriter in all aspects of Lloyd’s accounting and reporting.
Key responsibilities
Lloyd’s reporting
- Preparation for review of the following Lloyd’s returns; QMA, QMB, SBF, SRD, LDTF, SPTF, NAIC, TRIA (with the assistance of an assistant syndicate accountant)
- Review of the following returns prepared by the assistant syndicate accountant; PMD, Canadian reporting and US reporting
- Preparation of the management review packs for key Lloyd’s returns
- Contribute to the successful completion of audit assignments
Statutory accounts
- Review of the Syndicate primary statements and notes drafted by the assistant syndicate accountant for the following entities; Syndicate, Managing Agency and Corporate Member
Agency reporting
- Review of agency returns prepared by the assistant syndicate accountant including the QF1 and AF1
- Preparation of agency budgets for inclusion in the QF1
General ledger
- Preparation and/or review of key balance sheet reconciliations including; premium debtors, investments, cash, overseas deposits, bureau balances, intercompany balances and claims advances
- Maintenance of Syndicate ledger, with specific responsibility for the following items:
- Calculation and accounting of Lloyd’s division intragroup quota share arrangements
- Accounting and reporting of Funds in Syndicate capital arrangements, including interest charges and allocation of investment return
Group reporting
- Preparation of a currency balance sheet for the Lloyd’s division
- Preparation and review of the intragroup quota share packs
Projects
Assist in the successful completion of the following projects:
- Direct reporting for service company underwriting
- Gross quarterly data reporting
- Playback reporting
- Clarity implementation (group reporting package)
