Syndicate Accountant (Lloyd's Market)

Syndicate Accountant (Lloyd's Market)

Employee type

Contract

Salary

£75000 - £85000/annum

Category

Accounting/Financial/Insurance

Syndicate Accountant (Lloyd's Market) logo
Job Description
Sector: Legacy Insurance & Run-off Reinsurance Important: This position strictly requires prior accounting experience within the Lloyd’s or London Insurance Market. Candidates without direct experience preparing Lloyd's regulatory returns cannot be considered. A leading, fast-growing legacy reinsurance specialist formed in 2020 is restructuring its London finance team. We are seeking a highly technical Syndicate Accountant who can take immediate, independent ownership of our core regulatory reporting pipeline. If you are a disciplined finance professional who thrives under tight regulatory deadlines and can manipulate complex insurance data with minimal supervision, this is an excellent time to join a top-tier business. Your Technical Return Profile To be successful in this role, your current experience must align with the following technical matrix: Core Essentials (Required from Day One): * QMA Returns: Complete, proven mastery of the quarterly QMA reporting process. * Syndicate Report and Accounts: Direct experience preparing Syndicate Report and Accounts. * SUK (QSR/ASR): Essential hands-on knowledge of Solvency UK Quarterly and Annual Summary Reporting. * Flash Reports: Ability to independently compile and analyse flash data with minimal oversight. Highly Valued (Essential to Strong Working Knowledge): * Solvency UK Data: Prior exposure to SUK QAD/AAD and ASB data streams. * US & Global Reporting: Familiarity with RRA, US SIS, and US Situs (including R&P) frameworks. Familiarity / Working Knowledge of: * International Returns: Broad exposure to CAD Situs, CAD SIS, and NAIC requirements. * Market Specifics: Understanding of Appendix 7 and UK TUK frameworks. Key Responsibilities * Regulatory Compliance: Prepare and review all finance-designated Lloyd's and global regulatory returns on time. * Ledger Ownership: Oversee cash management, international deposits, and the posting of Lloyd’s settlement journals to the General Ledger. * Process Evolution: Continually challenge existing reporting workflows to improve data quality, calculation speed, and systems efficiency. * Taxation: Assist with the preparation and review of relevant Lloyd's market tax returns. Candidate Requirements * Background: Explicit career history within a Lloyd's Syndicate, Managing Agency, or London Market insurance business. * Autonomy: A proven track record of working confidently with limited guidance. * Software Skills: Advanced Excel proficiency is required; experience with Sun Systems or Vision Q&A is preferred. What Is On Offer * Elite Specialism: The chance to embed yourself within an elite, top-tier run-off reinsurance leader. * Flexible Balance: A formal hybrid structure requiring approximately 40% office attendance. * Collaborative Culture: A team environment built strictly on accountability, integrity, and shared goals. To Apply Please submit your CV to Lorenzo Fuller, ensuring your specific Lloyd's market return experience is clearly highlighted