Syndicate Finance Accountant (Fixed-Term, 6 Months)

About the role

A specialist Lloyd's market insurer is looking for an experienced, qualified accountant to support syndicate financial reporting in London. This is a 6-month fixed-term contract combining year-end accounts preparation, technical accounting and balance sheet reviews, with opportunities to improve reporting systems, strengthen controls and introduce automation.

Key responsibilities

• Support year-end reporting, including managing agent reports, disclosures of interests, annual accounts and underwriting accounts
• Set up annual reporting in WDesk, roll forward comparative information and support Schedule 3 reporting and accounts consolidation
• Review reporting documents for accuracy, completeness and consistency across syndicates
• Review balance sheet reconciliations, strengthen evidence for insurance and reinsurance debtors and creditors, control accounts, outstanding claims, IBNR reserves and loss portfolio transfers, and document the purpose, preparation process and minimum supporting evidence for each
• Assess the unallocated loss adjustment expense (ULAE) provision and prepare a technical accounting paper supporting the calculation and assumptions
• Prepare year-end overseas regulatory reporting workings, including F&P and NAIC requirements, and set up processes for new reporting obligations
• Improve existing reporting processes, streamline finance inputs into Standard Formula calculations, and transfer Board and Audit Committee reporting schedules from PowerPoint into WDesk
• Identify efficiency improvements through automation and tools such as AI and Copilot, ensuring compliance with accounting standards, regulatory requirements and internal policies

Required profile

• Professional accountancy qualification
• Strong experience in syndicate financial reporting, with knowledge of Lloyd's systems, reporting requirements and the business written by syndicates
• In-depth technical knowledge of insurance and reinsurance accounting
• Strong knowledge of UK GAAP and Solvency II / Solvency UK reporting requirements
• Detailed understanding of the Lloyd's direct settlement process and ability to trace insurance transactions from underwriting systems through to the general ledger
• Excellent process documentation and communication skills, and the ability to coordinate reporting with stakeholders and meet deadlines

Required skills

• WDesk or a similar financial reporting platform (desirable)
• Phinsys suite (desirable)
• Familiarity with AI and Copilot tools (desirable)