Assistant Syndicate Accountant

Discipline: Finance & Strategy
Job type: Contract
Contact name: Megan
Contact email: megan@weareedenbrook.com
Job ref: J5979
Published: 19 days ago
Assistant Syndicate Accountant We are working with a leading organisation within the Lloyd’s and London Market insurance sector to recruit an Assistant Syndicate Accountant. Key Responsibilities Financial Ledgers: - Maintain accurate and complete financial ledgers, including year-of-account roll-forwards, new year set-up and class-of-business configuration. - Support the year-end close process and ensure delivery in line with agreed timetables. - Prepare and post distribution journals relating to the closure of underwriting years. - Lloyd’s Central Accounting and Reconciliations - Prepare and post monthly accounting journals within the month-end timetable. - Complete monthly reconciliations, ensuring all differences are investigated, evidenced, assigned and resolved promptly. - Work closely with Operations and other stakeholders to identify variances, agree ownership and ensure timely resolution of outstanding items. Management and Regulatory Reporting - Deliver accurate and complete ledger entries, including journals to trial balance. - Ensure accruals, prepayments, fixed assets, fees, bank transactions and tax entries are accurately recorded and appropriately supported. - Prepare accurate and timely regulatory submissions to Lloyd’s, maintaining a clear audit trail and appropriate review evidence. - Coordinate with external auditors and support the timely resolution of audit requests, issues and reporting deliverables. Expense and VAT Management - Support and oversee periodic group recharges, ensuring costs are complete, accurate and appropriately evidenced. - Calculate and substantiate accruals and prepayments. - Produce expense-to-plan analysis, explaining material variances and supporting management decision-making. - Prepare accurate and timely VAT returns and work closely with the relevant tax team to resolve queries. I nvestment Accounting - Complete investment reconciliations and investigate and resolve any discrepancies. - Operate key portfolio controls, including issuer concentration and credit rating checks, escalating any exceptions where appropriate. - Ensure investment-related ledger entries are processed accurately and within reporting deadlines. About You We are looking for someone with: - Experience within the Lloyd’s or London Market insurance sector. - Strong experience in financial reconciliations and reporting. - Experience of working with external auditors and third-party service providers. - Progress towards an accountancy qualification would be advantageous. - Excellent attention to detail, strong organisational skills and the ability to manage multiple deadlines. - A collaborative approach and the confidence to work with stakeholders across Finance, Operations and other business areas.