• Lloyd’s existing “business as usual “reporting – QMA, QMB QMC, etc
• Strong excel
• Demonstrable experience of improvements to processes and systems.
• Staff management preferable
• Offshoring
• Lloyd’s future Solvency II pillar 3 (participation in dry-runs for pillar 3 preferred)

Qualified Accountant (ACA/ACCA/ CIMA) with 5+ years PQE

Hugely successful London market insurer are looking for an Assistant Syndicate Accountant To undertake certain syndicate book-keeping, reconciliation, investment recording and related tasks in support of Syndicate Accountant and Finance Manager, whilst building the knowledge and experience to be able to take on further responsibility for syndicate accounting roles

Key Tasks:

• Maintain accounting records for managed and outsourced syndicates (as delegated)
• Assume responsibility for the preparation of reconciliation work e.g. bank balances, LCA balances and investment accounts
• Assist in the preparation of all Lloyd’s returns
• To produce monthly balance sheet reconciliations
• Liaise with management, auditors and external clients as necessary
• Develop an understanding of the risks and controls relevant to the finance function, operate within the prescribed procedures and guidelines and report / discuss issues with the line manager.

Key Technical Skills:

• Preferably nearing completion of a relevant professional qualification.
• Good grasp of fundamental accounting principles.
• Familiarity with and some experience of Lloyd’s reporting requirements e.g. working knowledge of QMA, QMB returns and QMC/US and Canadian reporting requirements
• Sound knowledge of IT systems in use within Clients accounting function – especially Excel and preferably Vision and Sun Accounts.

Successful P&C insurer looking to recruit an ACCA / ACA / CIMA qualified Financial Controller (Projects) to support the CFO in the development of finance related Projects and Solvency II reporting capability across the group.

The successful candidate will have extensive accounting and reporting experience gained within the Lloyd’s or London market with an understanding of Lloyd’s Syndicate regulatory reporting.

Knowledge of Solvency II,  UK and US GAAP, QMA/QMB/QMC, SBF, SOX processes, projects, systems implementations and control knowledge.

Excellent opportunity for a Syndicate Financial Controller with previous Syndicate experience to join the London based office of an internationally renowned insurance business.

Responsibilities:

• Support and lead reporting migration from Oracle to Coda
• Work with IT on internal and external reporting report development
• Work with Operations, Claims, Actuarial, Finance & IT to embed & develop financial reporting processes, consistent & aligned with the wider group model.
• Responsible for production & review of Regulatory reporting outputs: QMRs, US and Canadian Regulatory returns, Syndicate Annual returns, FSA returns, QMC, annual report & accounts, Distribution report & accounts, balance sheet reconciliation files.
• Provide management information as required
• Assist in the production of financial information for Board packs
• Responsible for implementing & maintaining a robust control environment that is aligned to the risk management framework
• Responsible for liaising with other teams involved in the production of financial data to ensure the timely & accurate production of Syndicate reporting outputs
• Responsible for process improvement design and development, to ensure efficient and accurate data production.
• Responsible for the development of analytical reviews and other management information to support syndicate reported figures
• Responsible for reporting to third party capital
• Support the transition to a Solvency II reporting environment
• Management of a small team

Required Skills:

• Lloyd’s syndicate market & reporting requirements knowledge

• Ability to work & liaise effectively with the business & multiple stakeholders
• Ability to devise & implement process improvements
• Working knowledge of reporting requirements; UK GAAP, Lloyd’s accounting rules, IFRS
• Team management experience

City Based, worldwide insurance firm looking to recruit an experienced Syndicate Accountant to join their London based team.

Responsibilities:

• Review / sign off of monthly bank statements
• Review / sign off work produced relating to trial balance completion
• Review / preparation of quarterly balance sheet reconciliation files
• Assisting with Quarterly Monitoring Return preparation
• QMB & QMC process support
• Assist in production / review of other Lloyd’s returns where required
• Statutory accounts production
• Expense control and booking
• QF1 & AF1 submissions.
• Capital Provider reporting responsibility incl. quarterly report production
• Facilitate migration from Oracle to Coda
• Working with IT in report development.

Required Skills:

• Lloyd’s syndicate market & reporting requirements knowledge
• Working knowledge of UK GAAP, Lloyd’s accounting rules, IFRS.