Syndicate Accountant - 12 Month FTC

General

Job Description And Person Specification

Job Title: Syndicate Accountant - 12 Month FTC

Type: 12 Month Fixed Term Contract

Division: Finance

Team: Syndicate Reporting (team personnel: 10)

Reports To: Senior Syndicate Accountant / Syndicate Controller

Key Relationships: Finance team, Lloyd’s of London, Banks, Actuaries, Underwriters, Ceded RI, Compliance, Technical Accounting and Auditors.

Job Summary: Responsible for supporting the Syndicate Controller in maintaining/preparing accurate syndicate accounting ledgers and providing analysis and management information to various stakeholders.

Key Responsibilities

• Preparation of quarterly financials for seven syndicates, to include posting journals using Agresso (GL Package).
• Preparation and review of key balance sheet reconciliations on a quarterly basis.
• Support the preparation of regulatory returns for Lloyd’s or relevant regulators and tax authorities and presentation of same to management.

Assistant with preparation and review of UK GAAP statutory accounts for seven syndicates. (FRS 102/103)

Liaise with Group reporting manager to facilitate consolidation of the syndicate results into the parent company Beazley plc, (including calculation of any relevant IFRS adjustments).

Analytical review of syndicate financial information including close liaison with the management reporting team.

Production and review of note disclosures for group reporting.

Development and maintenance of calculation processes to support preparation of quarterly financial information.

Liaise with underwriters, actuaries, auditors, senior management and/or third parties as appropriate.

Ad Hoc reporting including co-ordination and collection of information to prepare internal reports.

Support Senior Syndicate Accountants and Syndicate Controller with Ad-Hoc requests and projects as necessary.

Review output of junior team members and escalate issues to Syndicate Controller where relevant.

General

At Beazley we are committed to doing the right thing because it is the right thing to do.  It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley’s core values and behaviours – PIED and Being Beazley.  

• Adopt the Beazley culture of Professionalism, Integrity, Effectiveness and Dynamic that contributes to an internal environment of teamwork and promote a positive brand image and experience to our external customers.