Senior Financial Accountant
Leeds Flexible / Hybrid working
£80,000
A leading global insurance & reinsurance company is looking for a Senior Financial Accountant. This role will support with the management of accounting and reporting activities of the Syndicate Insurance Accounting Team ensuring the completeness, accuracy, and consistency of underlying data.
Responsibilities:
• Reviewing and challenging the Syndicate underwriting results, working closely with the Finance Business Partners.
• Review the reserves in conjunction with the Actuarial Department to ensure completeness and accuracy.
• Producing commentary for senior management around the Syndicate results, reviewing late adjustments, bridging analysis, group balance sheet analytics and COB reviews on a quarterly basis.
• Overseeing and providing data into the annual Statement of Actuarial Opinion (SAO), UK Tax and US Level II returns.
• Involvement in producing the Lloyd’s QMA and QMB quarterly returns.
• Assist in the monthly and quarterly close process, including preparation and posting of underwriting and non-underwriting journals for the Lloyd’s Syndicates for submission to the (Re) / Insurance Finance Director, senior European (EO) management and Group.
• Ensure the statutory books and records are properly maintained in accordance with the company`s Accounting policies and market best practice and the balance sheet appropriately reflects the Syndicate position.
Skills and Experience:
• Qualified Accountant (ACCA or equivalent).
• Recent or current experience of working for a Syndicate or Company Insurance Accounting team.
• Significant experience of working in a complex financial services environment.
• Strong financial accounting background with experience of reviewing Insurance Underwriting results preferable.
• Familiarity with Oracle and TM1.
• Experienced MS Excel user (pivots, if statements, lookups and experience of working with large amounts of data) and other MS Office applications.
