Syndicate Accountant

MS Amlin ,
London, Greater London
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Overview

Job Description

Purpose Work as part of the wider Syndicate Finance Operations team of eight people to deliver monthly/quarterly/annual financial reporting in a controlled and timely manner, maintaining data integrity and structure. This involves timely posting to the general ledger, performing Balance Sheet reconciliations, preparing management information on a regular and ad hoc basis, preparing information for Audit Committee reporting, contributing information required as part of reporting to Lloyd's of London, engaging and supporting specific finance projects (as applicable) 2. Dimensions The role supports the Syndicate Finance Manager in controlling the ledgers of Syndicates 2001 and 3210, Amlin Corporate Member Ltd. (ACM) and Amlin Underwriting Limited (AUL). This role requires effective communication with other areas of the business including actuarial, treasury, underwriters, FP&A, other finance teams, Company Secretarial, etc. 3. Key Result Areas . * Accounting: ensuring the Syndicate and companies' general ledgers are accurate and closed for month/quarter/year end in a controlled and timely manner and in accordance with Group Finance Operations deadlines. This will involve timely posting to the general ledger, timely reconciliation of Balance Sheet accounts from source data to the general ledger. * Internal financial reporting: production of month/quarter/year end reporting packs for group reporting, reporting to ultimate parent (i.e. MS&AD) and reporting to the Audit Committee; working with the FP&A team to produce commentary for results. * Quality assurance: self-review of own work, quality oversight of output of peers as necessary; execute and evidence controls over financial reporting process, maintain process notes, production of audit files with appropriate evidence for each general ledger account to facilitate manager review. * Stakeholder management: ongoing management of stakeholders is important in the timely delivery of financial reporting. * Technical knowledge: remain up to date with IFRS and UK GAAP accounting standards and financial reporting requirements. * Ongoing development of the team: contributing to the development and improvement of the tools used by the Syndicate Finance Operations team including processing transactions and as part of the financial reporting process; supporting the Syndicate Finance Manager in raising other colleagues' awareness of the work carried out by the Syndicate Finance Operations team. * Other: provide assistance to the Syndicate Finance Manager on ad hoc projects as required, at all times ensuring that the output is of a high quality. 4. The Operating Environment and Context of the Job As part of the ultimate parent reporting requirements Syndicates 2001 and 3210, Amlin Corporate Member Ltd. (ACM) and Amlin Underwriting Limited (AUL) operate under a JSOx internal controls framework and report in accordance with JGAAP. The results of Syndicates 2001 and 3210, Amlin Corporate Member Ltd. (ACM) and Amlin Underwriting Limited (AUL) are reported as part of the MS Amlin group results in accordance with IFRS. These companies are also regulated by Lloyd's of London hence they report their results in accordance with UK GAAP. 5. Cultural Behaviours: The behaviours/competencies that the job holder must exhibit for desired cultural fit. Drive Being resilient, delivering results, demonstrating confidence and courage, sharing success, raising standards, taking personal accountability Judgement Strategic thinking, integrity, problem solving, decision making, agile and innovative thinking, attention to detail Leadership Empowering others, engaging and inspiring each other, building capability, being visible, enabling change Commercial Acumen Creating value for clients, understanding the external environment, international breadth, negotiating, managing risk, disciplined execution Partnership Building relationships, leveraging collective efforts and collaboration, creating an inclusive environment, influencing, communicating effectively, team player Client Service Being accessible and proactive, time management skills, building trusted relationships, developing client insight, ensuring fair outcomes 6. Job Specific Competencies: 1 Qualified accountant with up to date IFRS and UK GAAP capabilities 2 Understanding of or experience in insurance industry 3 Intermediate Excel skills 4 Experience in managing a general ledger 5 Strong numeric skills 6 Account reconciliation experience 7. Key Interfaces: * UK CFO * Syndicate Finance Manager * Syndicate Finance Operations team * Group Finance Operations team * FP&A team * Actuarial team * Tax team * Underwriting, claims and reinsurance teams * Treasury and investments team * External auditors

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