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Assistant Syndicate Accountant - City

Company: Randstad Financial and Professional
Pay: £400.00 Daily
Job type: contract
Category: Accounting

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Job description

An immediate opportunity has arisen for an assistant syndicate accountant to join our insurance client based in the city of London.

Key responsibilities of the Role will include:
Assist the Syndicate Accountant with the month end close, including tasks such as:

-Syndicate expense and underwriting accruals and prepayments
-Claims handling provision
-Lancashire overriding commission
-Overseas deposits
-Conversion accounts
-Balance sheet/Bank YOA splits
-Balance sheet reconciliations (LCA, treaty deferred, special settlements)
-Non-exchanging items
-Consortium fee expenses
-Expense trend analysis
-LCA gross up
-Special settlements
-Data quality checks

-Assist the Syndicate Accountant with various Lloyd's returns (QMA/B, GQD, Trust Funds)
-Assist in the preparation of the quarterly reserving packs
-Annual Syndicate financial statements
-Update Syndicate budgets and forecasts

-Assist other members of the Cathedral finance team in any ad hoc items that arise
-Keeping up to date with regulatory reporting requirements and developing industry knowledge
-Liaison with internal and external auditors ensuring timely information production and audit completion
-Maintain documentation of owned procedures
-Improving existing processes and systems where possible

The ideal candidate will possess the following attributes/skills:

Essential Skills and Knowledge:
-Detailed knowledge and experience of syndicate accounting and UK GAAP for insurance and investment accounting
-Proven financial, analytical and organisational skills
-Strong Microsoft Excel skills
-Excellent written and verbal communication skills
-Commitment to work long hours including weekends and bank holidays if required to achieve business objectives

If you have similar experience to that outlined above and are looking for a temporary opportunity within a progressive and dynamic environment, please forward your CV today.

Randstad Financial and Professional encourage applications from individuals of all ages and backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial and Professional acts as an employment agency for permanent recruitment and an employment business for temporary recruitment as defined by the Conduct of Employment Agencies and Employment Business Regulations 2003

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