The role

The syndicate accountant will be responsible for preparation of quarterly and annual Lloyd’s regulatory returns for syndicate and managing agency. The individual will also be responsible for technical journal entries and related reconciliations as well as supporting the development of the Finance function.

 

Main responsibilities

  • Responsible for preparation of all Finance designated regulatory returns to Lloyd’s (and other regulators as required) in accordance with internal and published timetables – including QMA, QMB, QSR, QAD, ASR, AAD and QF1/AF1, and others that arise.
  • Develop strong and in-depth understanding of dataflows which support the population of the GL and overall financial reporting.
  • Maintain adequate procedures and controls.
  • Contribute to improving overall quality and speed of reporting with efficient use of systems and tools
  • Responsible for production of annual syndicate, managing agent and corporate member accounts.
  • Responsible for preparation of all relevant Lloyd’s tax returns.
  • Provide evidence and assistance to external auditors as required.

         Project Work

  • Support the implementation of new systems and preparation of relevant documentation.
  • Support data integrations of new business acquisitions, including testing and preparation of relevant documentation.
  • Support development and testing of data warehouse for financial reporting and preparation of relevant documentation.

         Ad-hoc Duties

  • As requested by your Line Manager, to perform reasonable ad hoc duties within the Job Holder’s capabilities.

Skills and Experience

         Essential

  • Extensive experience of Lloyd’s regulatory returns and applications.
  • Excellent technical insurance accounting knowledge.
  • Positive attitude to learn and develop.
  • Ability to challenge and improve finance activities.
  • Proven ability to work to deadlines.
  • Accounting qualification – fully qualified.
  • Excellent written and oral communication skills.
  • Advanced level in Microsoft Office and other data manipulation tools.

         Preferred

  • Use of Sun accounting software and Vision Q&A.
  • Knowledge of US GAAP.

Company’s Values

  • Bold

“We are ambitious and passionate about our future.”

  • Expert

“We use our specialisms and expertise to get things done.”

  • Innovative

“We embrace change and continually seek to improve the way we do business.”

  • Accountable

“We are outcome focused and deliver on promises.”

  • Honourable

“We act with integrity and aim to do the right thing.”

  • Inclusive

“We encourage participation and value all contributions.”

 

Galejay is an inclusive employer and prides itself on the main values of honesty and integrity. If you have these qualities and wish to apply, please send your CV to Gary Forster, Managing Director, at gforster@galejay-recruitment.com