Salary : £65,000 - £75,000
Location: London
Type: Permanent
Reference: 0704/SYND/CPJ


This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.

The  Accountant will:

  • Take responsibility for the preparation and analysis of data with a view to producing summary monthly & quarterly syndicate information.
  • Assist the Head of Syndicate Finance to ensure Lloyds Reporting deadlines are met.
  • Support the Head of Syndicate Finance in the preparation of information for external reporting to regulators.
  • Ensure the integrity of underwriting information used for internal and external reporting.
  • Improve communications between the finance team, actuarial, and the external auditors, so as to increase the efficiency in finance’s processes.
  • Supervise & coordinate the work of the service level providers to ensure deadlines are met with timely & accurate data.

Main Responsibilities:

  • Ensure Syndicate trial balance is updated & completed on a monthly basis.
  • Review all balance items to ensure they are substantiated & coded correctly.
  • Ensure Syndicate inter-company balances reconciled monthly.
  • Prepare Syndicate Report & Accounts.
  • Provide periodic information to third parties (e.g. capital providers) and responding to queries raised by those third parties.
  • Coordinate the completion of Lloyds QMR return/IID/FSA/SRD/Situs returns.
  • Ensure information requested on the audit deliverables list is being produced and distributed on a timely basis and communicating with the auditors to identify issues and ensure their prompt resolution.
  • Coordinate the completion of SIS and tax returns to Lloyd’s prior to review by the Syndicate Accountant.
  • Coordinate the completion of annual DD filings to Lloyds.
  • Review  the production annual accounting data from Eclipse Annual Accounting Model.
  • Assist Head of Syndicate Finance with interrogation of Finance Cube data for analytical analysis.
  • Review & analyse Syndicate expense costs and provide commentary for board reporting.

Skills and Experience:

  • Graduate preferred
  • Experience within the London insurance market (including Lloyd’s regulatory returns)
  • Numerate and IT Literate

Personal Qualities:

  • Enthusiastic and positive attitude
  • Ability to meet deadlines and work under pressure
  • Good communication skills
  • Ability to lead and work within a team
  • Engagement with the wider business

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