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Everest

Senior Accountant, Syndicate

Posted 6 Days Ago
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In-Office
London, Greater London, England, GBR
Senior level
In-Office
London, Greater London, England, GBR
Senior level
Lead monthly/quarterly general ledger close for a Lloyd's syndicate and related entities, supervise accounting staff, maintain ledger controls, liaise with business functions, support regulatory and group reporting, coordinate external audits, and improve accounting processes.
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Title:

Senior Accountant, Syndicate

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Finance

Job Description:

About Everest:
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

About the Role:

Everest (re Syndicate 2786) is seeking a highly skilled and experienced Senior Accountant to join our team. This role will sit in the Syndicate Accounting team and will assist the team in their responsibility for ensuring the accurate and timely completion of syndicate group and regulatory reporting requirements, including those of the related legal entities (Service Company, Corporate Member and Managing Agent). The ideal candidate will possess a strong understanding of Lloyd's syndicate operations, regulatory reporting, financial accounting and control principles.

Role & Responsibilities (include but not limited to):

  • Support the Syndicate Financial Controller by taking leadership of the monthly/quarterly general ledger close of the Syndicate and related legal entities for both Group reporting (US GAAP) and local reporting (UK GAAP).

  • Guide the day-to-day activities of the Syndicate Accountant & Assistant Accountant and review/approve their work as required.

  • Monitor ledger integrity and investigate unusual balances or transactions.  Identify opportunities to improve existing accounting and reporting processes.  Implementing best practices to enhance efficiency and accuracy.

  • Maintain, and strengthen where required, controls over the general ledger account balances, including accurate recording of balances between years of account and classes of business, timely reconciliation of bank accounts, technical accounts and other balance sheet accounts.

  • Liaise with other departments (e.g. IT, Underwriting, Claims, Credit Control and Reinsurance) as required to support change activities and financial processes.

  • Support the analysis, planning and reporting activities of other Finance departments (FP&A, tax, actuarial and reporting), Treasury and Group head office.

  • Coordinate and lead the external audit of the syndicate and related entities including liaison with internal and external auditors, providing necessary documentation, analysis and explanations as required.

  • Provide support to other members of the finance and syndicate reporting teams.

Qualifications:

  • Bachelor’s degree in accounting, Finance, or a related field. Qualified accountant (ACA, ACCA, CIMA, or equivalent) preferred.

Knowledge, Skills & Competencies

  • Knowledge and understanding of the financial and regulatory landscape of a general insurance company is required; syndicate accounting knowledge is preferred.

  • Strong attention to detail and accuracy.

  • Proficiency in Microsoft Office.

  • Good communication skills, ability to interact at all levels.

  • Ability to work independently and as part of a team.

  • Experience with Oracle ERP is preferable. 

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

 

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

 

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Regular

Time Type:

Full time

Primary Location:

London

Additional Locations:

Privacy Notice | Everest (everestglobal.com)

Everest London, England Office

60 St Martin’s Lane, Covent Garden, London, United Kingdom, WC2N 4JS

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