Our client, a Lloyd’s Syndicate, are looking to recruit a Corporate Accountant to join their City based team.

Reporting into the Financial Director this role will include:

•  Setting up of financial processes,
• Day to day accounting,
• Periodic management and statutory reporting and MI. 
• Maintenance of corporate treasury and purchase ledger process in co-ordination with current managing agency, who will continue to be the outsourced syndicate finance team.

This role will suit an individual with previous Tax and VAT experience, someone with partnership accounting experience and who has an understating of the insurance industry.  Preference for an ACCA / ACA / CIMA qualified accountant.

Lloyd’s Syndicate looking for an FP&A Accountant to join their London City based office.

The post holder will be the key contact for SBF (Syndicate Business Forecast) and PMD (Performance Management Data), to include entry of SBF and PMD onto Lloyd’s Software, completing SBF narrative, updating SBF timetables, producing SBF P&L, controlling underwriting templates, completing monthly Lloyds PMD returns, class benchmarking liaison with actuaries, data output checks and reconciliations, investigating errors.

Another key area of responsibility for the successful candidate will be Management Information;  monthly class monitoring, premium, exec reports,  monthly staff slides and board packs, involvement in monthly underwriting packs, monthly premium tracker and monthly plan vs. actuals variance reporting with investigation where necessary.

This role also incorporates planning and re-forecasting; assisting the FP&A Manager with the annual corporate plan and quarterly re-forecasting, as well as bridging analysis of the corporate plans and SBF’s, as well as involvement in SII reporting, cash flow and investment forecasting and analysis, Risk Appetite confirmation.

The successful candidate will ideally be ACCA / CIMA qualified or studying and must have experience of financial planning gained within the insurance industry.

Extremely profitable, large and growing insurance company seek a Syndicate Accountant.

Preparation of Lloyd’s returns with assistance from others in the team (QMA, QMB etc).

Involvement in the preparation of annual returns such as stat accounts and FSA returns.

Working with the internal model team, actuaries and operations to ensure consistency of data across the business.

Preparation of internal management reports.

Candidates should be Qualified or studying, with technical Insurance knowledge, particularly Lloyd’s.

Extremely profitable, large and growing Insurance company seeks a Syndicate Accountant.

Preparation of Lloyd’s returns with assistance from others in the team (QMA. QMB etc).

Involvement in the preparation of annual returns as stat accounts and FSA returns.

Working with the international model team, actuaries and operations to ensure consistence of data across the business.

Preparation of internal management reports.

Candidates should be Qualified or studying, with technical insurance knowledge, particularly Lloyd’s.

Large City based Insurance Company requires Qualified Accountant to assist Group Accounting Manager with non-technical accounting issues and group taxation matters.

This is a broad role that offers excellent exposure to an Insurance company.

Prepare quarterly VAT returns for review, prepare corporation tax computations at year end.  Maintain accurate accounting records, prepare the annual reports, submit quarterly reporting to parent.  Co-ordinate annual audit.

Prepare pension scheme accounts for staff retirement.  Manage accounting and tax tasks from sub-letting office space.

Candidates should be Qualified (ACA/ACCA/CIMA) with previous Insurance experience, have experience of VAT/corporation tax and experience of group and external statutory reporting and liaison with auditors.

City based Lloyds Syndicate requires an Accountant to join their growing team in an Assistant Syndicate Accountant position.

This is an excellent opportunity for an ambitious individual who is currently studying towards their Accountancy exams. You will assist in the completion of a number of quarterly and annual returns to Lloyds including QMA and QMB. You will be working with experienced members of the team who will act as a mentor.

Candidates should be studying towards an Accounting Qualification, have Insurance experience and excellent Excel skills.

March 2013

Many students entering the workforce today are unfamiliar with the role that executive recruiters play in filling open positions in the actuarial profession.

Actuarial recruiters are paid by their clients (employers of actuaries) to find qualified candidates for specific actuarial positions. Recruiters stay in regular touch with candidates to make them aware of any open actuarial positions that exist that match their skills and interests. Recruiters make the client aware of the appropriate candidates for their position, assuming that the candidate has granted permission to do so.

Recruiters provide candidates with assistance with the job search at all stages of the process. For example, should an interview situation arise, recruiters can provide the candidate with helpful interview tips and perhaps company information. In addition, recruiters can provide career-counselling advice and address any concerns candidates have, such as concerns about relocation and salary.

Our strength lies in our ability to successfully source individuals for roles that require specific insurance knowledge

Using an Actuarial Recruiter

Any candidate who is interested in making a career move with the assistance of a recruiter would first begin by discussing their interests and the types of positions that might be appealing to them. The candidate and the recruiter would discuss, location, compensation level, areas of expertise that the candidate has, and also let their recruiter know if they are utilizing any other recruiters to assist them in their search. (They would want to keep an organized list of which recruiters are submitting their resume and to where).

The candidate would forward their resume to the recruiter, who then would discuss the details of their resume with the candidate and make any appropriate/necessary changes. Also, any changes to the resume should be at the approval of the candidate. Professional recruiters would not submit a candidate’s resume without their prior approval. Upon the resume being approved by the candidate, the resume would be submitted to companies that they have an interest in. The recruiter will follow up for feedback on the candidate’s behalf and provide it (positive or negative), and then upon interest of the company arrange any interviews that would take place.

The recruiter will follow up with the candidate and the client regarding the interviews and relay information to both parties. If an offer should come at that point, the recruiter will work with the candidate to negotiate on their behalf and to provide a buffer between the client and the candidate, where issues may arise during negotiations.

Benefits of Using a Recruiter

A candidate can benefit from using a recruiter in many ways. Recruiters have an extensive knowledge base of the market and what is available, or, more importantly, what is potentially available. Since recruiters are looking at the job market everyday as well as building relationships with companies, they are very aware of the types of candidates that would be a good fit with a company, even if there is not a known position within that company. Since each time a recruiter places a candidate at a company they build a two-sided relationship, they end up having built bridge after bridge that each lead to a plethora of contacts. Having a third party who has a history with a company is a good way to present a resume to the company. If a recruiter has an exceptionally good history of presenting strong candidates to a company, that company is likely to listen to that same recruiter when presenting a candidate who falls short of what they would typically consider for a specific position or department.

Downsides to using a Recruiter

From a candidate’s standpoint, a downside to using a recruiter might be that the candidate doesn’t always feel he/she has “control” over the search process. This is why it is very important for a candidate and recruiter to develop a strong and trusting business relationship.

At the entry-level, there are some companies that may choose not to use recruiters because entry level candidates have modest skill sets.