Senior Syndicate Accountant

A global specialty insurer is seeking a Syndicate Accountant to enhance their financial reporting team, focusing on UK GAAP and Solvency II compliance. The Senior Syndicate Accountant will oversee syndicate financial reporting, leveraging advanced accounting knowledge of insurance transactions and regulatory standards. The role demands expertise in the Lloyd’s direct settlement process and financial systems, enabling the individual to produce and analyse complex financial data accurately. Responsibilities include managing Lloyd’s reporting, preparing statutory accounts, and supporting audits. Candidates should have over seven years of accounting experience, including five years with a Lloyd's managing agent, and possess relevant qualifications.

A global specialty insurer is looking for a Syndicate Accountant to join their growing team and play a key part in the financial reporting under UK GAAP and Solvency II. The Senior Syndicate Accountant is responsible for managing all aspects of syndicate financial reporting. This includes applying advanced technical accounting knowledge of insurance and reinsurance transactions, UK GAAP, and Solvency II/UK reporting standards. The role requires a strong understanding of the Lloyd’s direct settlement process and the ability to trace insurance transactions from underwriting systems through to the general ledger. The individual must be proficient in financial systems, capable of producing and interpreting complex financial data with accuracy, and able to build effective working relationships across Finance, Actuarial, Operations, Claims, Underwriting, and audit teams. All responsibilities must be carried out in compliance with regulatory requirements and internal standards.

Key Responsibilities: Manage quarterly & annual Lloyd’s reporting (QMA, QSR/ASR, Flash, Solvency UK). Prepare statutory accounts and regulatory returns across UK, US & Canada. Provide financial analysis for senior stakeholders and Audit Committees. Support audits, ensure compliance, and drive process improvements.

What You Bring: 7+ years’ experience in accounting, including 5+ in a Lloyd’s managing agent. Deep understanding of Lloyd’s systems, reporting, and insurance accounting. ACA/ACCA/CPA or equivalent qualification preferred. Analytical, detail-focused, and confident working cross-functionally.