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
Salary description
£75000.00 - £85000.00 per year