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Syndicate Accountant (Lloyd's Market)

Fenchurch Street
3 hours ago
Full-time
On-site
EC3R, Langbourn, Greater London
£75,000 - £85,000 GBP yearly
Accounting / Finance
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