Assistant Syndicate Accountant

Reference
VAC-39546
Contract Type
Permanent
Sector
Insurance
Location
London
Salary
40000
Expiry Date
03/12/2024
Atrium started in 1984, but our history dates back as far as the 1930s. Working out of Syndicate 609 at Lloyd’s, our reputation has allowed us to attract and keep some of the best industry talent.

Job Description

Monthly/quarterly tasks:

  • Ownership of monthly/quarterly journal postings and allocations such as the Lloyd’s Central Accounting reconciliation process
  • Monthly/quarterly balance sheet reconciliations including any investigative work required, reconciling items are fully explained and recommendation for writing off any balances as necessary Assistant Syndicate Accountant
  • Expense variance analysis and commentary for Board papers • Preparation of ledgers to TB stage for Syndicate 609 (UK GAAP) and Corporate Member (UK and US GAAP)
  • Assist in the preparation of the Corporate Member Management and Statutory Accounts.
  • Preparation of underwriting data for other departments such as the Actuarial team
  • Reconciliations of quarterly Lloyd’s US and Canadian Overseas Reporting pack data
  • Reconciliations ensuring technical data has flowed from the underwriting system/actuarial data into the ledger correctly
  • Identify areas for process improvement and follow through to implementation

Provide cover/support for the Senior Accounts Technician annual leave such as:

  • Daily cash postings
  • Daily cash balance monitoring
  • Arranging expense, direct brokerage and claims payments for the weekly payment run Audit & Compliance Aid internal and external audit processes and provide necessary analysis and to meet quarterly control framework requirements.

Required skills:

  • Knowledge of basic accounting principles and studying towards professional qualification (ACCA/ACA/CIMA or equivalent).
  • Lloyd’s market experience would be advantageous but not compulsory.
  • Use data and perform calculations with a high degree of accuracy and attention to detail.
  • Be able to prioritise workloads, work under pressure and to meet deadlines.
  • Able to produce, analyse and interpret financial information and work to a high level of accuracy.
  • IT Skills: • Intermediate to advanced Excel skills • Intermediate other MSOffice skills • Accounting ledger software (we use Coda)