Syndicate Finance Manager

Title:

Syndicate Finance Manager

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Finance

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

As Syndicate Finance Manager you will be responsible for production and delivery of all Lloyd’s financial returns, statutory accounts, other financial regulatory and related compliance returns to Lloyd’s, FCA /PRA or equivalent. Working closely with the wider Everest team to build robust systems and procedures to generate these fillings.

You will be a qualified Accountant with experience working in the insurance industry, well versed in syndicate reporting and experience working on system implementations.

Role & Responsibilities (include but not limited to): 

• Design and build the systems, analysis tools and procedures required to prepare all financial regulatory returns for Syndicate 2786 and uploading into core market returns (CMR) or Market Data Collection (MDC).

• Production and delivery of all Lloyd’s returns and other applicable financial regulatory and compliance returns in accordance with the Lloyd’s and FCA/PRA etc timetables.

• Completion of US / CAD trust fund returns.

• Assist in the financial ledger close of the Syndicate and related legal entities for group reporting under US GAAP. Assist in group planning for the Syndicate and related entities as required.

• Production of the Syndicate and related legal entities UK GAAP financial results and annual statutory report and accounts.

• Designing and implementing key controls over the financial reporting process.

• Undertake project work including development of new processes and implementation of change as required.

• Ensure successful audit outcomes by both internal and external auditors.

• Reconciliation of syndicate ledgers including cashbooks to bank accounts, regulatory and situs funds.

• Processing of technical/non-technical accounting ledger entries as required, including invoices and bank payments.

• Management responsibility over Syndicate Accountant(s) who support in the above tasks.

Qualifications:

• Qualified Accountant (ACCA, ACA, CIMA) with significant post qualification experience.

Knowledge, Skills & Competencies:

• Broad experience working in the insurance industry.

• Excellent knowledge of the Lloyd’s market, the financial and regulatory landscape, core market returns (CMR), market data collection (MDC) and reporting forms required by Lloyd’s (and FCA/PRA where equivalent).

• Good system (Excel/GL etc) skills to be able to extract relevant data and present within the Lloyd’s returns.

• Ability to analyse and self-audit the forms, including liaison with underwriting teams to verify data.

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

• Strong and demonstratable leadership/management skills.

• Project management, prioritisation and time keeping skills.

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. Diversity, Equity and Inclusion.

• 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: