Assistant Syndicate Accountant

Posted 25 October 2024
Salary £30000 - £45000 per annum
LocationCity of London
Discipline Finance
Reference25/10/2024

Job description

HFG are currently representing an established reinsurance company who are looking to bring in an assistant syndicate accountant to join their team. This role would suit a candidate who is eager to learn the syndicate accounting side of insurance. In this role you will be directly reporting into the Syndicate Controller.

Key Duties & Responsibilities:

  • Responsible for the upload of fx rates and revaluations routines within the Sun ledgers.

  • Assist in the preparation of regulatory reporting to Lloyd's.

  • Liaise with external auditors and deliver reconciliations that are the responsibility of this role.

  • Support the syndicate accountant in delivering timely, accurate and concise financial information as required.

  • Assist in monitoring bank account balances.

  • Assist in the preparation of weekly liquidity analysis.

  • Assist in the preparation of quarterly VAT returns.

  • Responsible for the setting up of payments in the banking system.

  • Responsible for the setting up of FX trades.

General Skills & Experience:

  • Experience within the Lloyd's insurance market for 1+ years

  • Experience in the close process of a multi-currency ledger structure

  • Working knowledge of UK GAAP

  • Advance Excel and knowledge of Word

  • Effective prioritisation and organisation skills