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Syndicate Financial Controller

The role

To manage the production and delivery of accurate, meaningful and timely financial information for the Lloyd's entities within the business in accordance with agreed standards and deadlines. Provide leadership to and be responsible for the Syndicate finance teams (onshore and offshore) and deliver a high quality service to business activities.

Key accountabilities

  • Oversee the Lloyd's regulatory and SII reporting function (QMB, QSR, Trust funds etc.)
  • Production of financial statements for the Lloyd's entities
  • Manage the Syndicate finance teams processes and controls including SOX
  • Manage the Syndicate Off shore team
  • Full understanding and monitoring of Lloyd's Conduct Risk Minimum Standards, controls, operational requirements and Lloyd's charges
  • Provide support to the Lloyd's capital joint operations team (FAL)
  • Contribute to the production and filing of the Lloyd's SBF
  • Supporting projects (Cash flow etc.) and any other changes
  • A well designed Syndicate GL structure and chart of accounts to support efficient production of financial reporting and regulatory returns
  • Lead the syndicate finance function so that finance performs at a high level and evolves to support all new business initiatives
  • Create a team culture of service delivery and high performance
  • Coach and develop UK syndicate finance team members

Skills & experience

  • Knowledge of operations in London Market insurance companies
  • Understanding of Syndicate reporting and accounting processes
  • Understanding of Lloyd's regulatory environment essential
  • Strong technical and organizational skills.
  • Excellent written and verbal communication skills
  • Team leader, good at motivating and coaching team members at all levels
  • Collaborative and team player with peers
  • Bias for action, decisive with problem solving skills
  • Strong IT skills and familiarity with all Microsoft packages
  • Qualified accountant ACA/ACCA >5 years PQE with significant Lloyds Syndicate experience (non-life insurance)
  • Worked in an onshore and outsourced finance model with successful work experience with outsourced parties
  • Track record of delivery in a transformational culture
  • Experience in facilitating and encouraging teamwork and developing people
  • Ability to think strategically with the confidence to challenge and influence
  • Experience of defining and delivering against insurance operations KPIs

Syndicate Financial Controller

London, UK
Full time
Lloyd's of London Market
Desirable Benefits
ASPUK00597_1632907470

Published on 09/29/2021

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