New opportunity ss a Senior Financial Accountant within an international insurer and reinsurer. The successful candidate will play a key role in accounting and reporting activities within the Syndicate team and ensure the accuracy and consistency of underlying data. They will be liaising with both external and internal stakeholders to manage expectations and ensure continued process excellence.
Key Responsibilities & Accountabilities
• Reviewing and challenging the Syndicate underwriting results, working closely with the Finance Business Partners.
• Review the reserves in conjunction with the Actuarial Department to ensure completeness and accuracy.
• Producing commentary for senior management around the Syndicate results, reviewing late adjustments, bridging analysis, group balance sheet analytics and COB reviews on a quarterly basis.
• Overseeing and providing data into the annual Statement of Actuarial Opinion (SAO), UK Tax and US Level II returns.
• Involvement in producing the Lloyd’s QMA and QMB quarterly returns.
• Assist in the monthly and quarterly close process, including preparation and posting of underwriting and non-underwriting journals for the Lloyd’s Syndicates for submission to the (Re) / Insurance Finance Director, senior European (EO) management and Group.
• Ensure the statutory books and records are properly maintained in accordance with the company’s accounting policies and market best practice and the balance sheet appropriately reflects the Syndicate position.
• Assist on ad hoc tasks in the wider reporting team.
• Assist on Projects impacting Financial Reporting
To be successful in this role, you will need to be/have:
• Qualified Accountant (ACCA or equivalent).
• Significant experience of working in a complex financial services environment.
• Recent or current experience of working as an Accountant
• Strong financial accounting background with experience of reviewing Insurance Underwriting results preferable. Familiarity with Oracle and TM1 would be desirable but not essential
• Experienced MS Excel user (pivots, if statements, lookups and experience of working with large amounts of data) and other MS Office applications.
• Working for a Syndicate or Company Insurance Accounting team would be desirable
