Syndicate Reporting Manager

Recruiter
High Finance (UK) Limited
Location
England, London
Salary
£85000 - £110000 per annum
Posted
26 Sep 2022
Closes
03 Oct 2022
Ref
MB17814
Category
Accountancy
Contract Type
Permanent
Hours
Full Time
A large Lloyd's Insurer with a great brand and reputation is looking to build out its expanding syndicate finance function with the hiring of a Syndicate Reporting Manager.

Reporting to the Head of Syndicate Reporting, you will be involved in managing the reporting for all the syndicates, managing agent and corporate member. This will involve liaising and working closely with different areas of the business including actuarial, underwriting, risk and compliance, group finance to produce external reporting submissions, regulatory returns and group reporting information. Additionally, you will be involved in Finance projects, including embedding IFRS 17, as well as other adhoc projects when required. You will also work closely with the Head of Syndicate Reporting in developing and implementing measures to enhance reporting efficiencies and in enhancing the syndicate financial control framework.
  • Ensure all Lloyd's returns are submitted on time and right first time.
  • Build robust controls, audit files and analytics to support all Lloyd's returns.
  • Extensive knowledge of the Lloyd's reporting requirements and produce the following:
    • QMA/QMB/QSR/ASR/QAD/AAD/GQD
  • IFRS quarterly reporting to group for Corporate member share of the Syndicates; results with quantitative and qualitative analysis and disclosures.
  • Preparation and presentation of Lloyds results commentary including BS, P&L and other KPIs for governance committee.
  • Drive the development and implementation of efficient, accurate, reporting processes capable of meeting the demands of an evolving business area.
  • Clearly communicate and drive team performance through effective leadership, ensuring the Syndicate strategy and business plans are widely communicated and understood.
  • Develop and maintain processes for efficient management reporting of financial results

To be considered for this role you will need to be a qualified accountant (ACA,ACCA, CIMA) with extensive experience across the Lloyd's/London Market. Have excellent working knowledge of Lloyd's reporting requirements. You will need excellent IT skills, with exposure to data modelling software and accounting ledger being a real benefit due to the nature of the reporting required in the role.

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