Syndicate Accountant (Lloyd's Market)

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

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