Syndicate Financial Controller
Job Summary
Title:
Syndicate Financial ControllerCompany:
Everest Advisors (Uk) Ltd.Job Category:
FinanceJob Description:
About Everest:
Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are underwriters of risk growth progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders who care deeply about our impact on communities and the wider world.
About the Role:
Everest Managing Agency (re Syndicate 2786) is seeking a highly skilled and experienced Syndicate Financial Controller to join our team. This role leads the Syndicate Accounting team consisting of three direct reports and will be responsible for ensuring the accurate and timely completion of syndicate group and local reporting requirements including those of the related legal entities (Service Company Corporate Member and Managing Agent). The ideal candidate will possess a strong understanding of Lloyds syndicate operations regulatory reporting financial accounting and control principles.
Role & Responsibilities (include but not limited to):
Financial Close & Control
Own and manage the Syndicate service company corporate member and managing agency monthend quarterend and yearend close processes ensuring accuracy discipline and adherence to timetable for both local and group reporting.
Maintain oversight of general ledger integrity reconciliations accounting adjustments and judgmental areas.
Act as the escalation point for complex accounting issues and financial closerelated risks.
Regulatory & External Reporting
Ensure compliance with statutory regulatory and Group reporting standards including audit support and coordination.
Maintain strong working relationships with external auditors and regulatory bodies.
Support the production and submission of Syndicate financial returns to Lloyds and other relevant local regulators.
Financial Control Framework
Own and develop the Syndicate Financial Control Framework including documentation of processes risk and control matrices and financial narratives.
Drive continuous improvement in controls governance and process efficiency including identification of automation opportunities.
Systems Data & Change
Provide finance ownership over ledger reporting and closerelated systems including oversight of enhancements and remediation activities.
Support finance transformation initiatives impacting Syndicate reporting processes or governance.
Provide valuable insight to the Data Transformation Project aimed at replacing the current Group data warehousing capability and development of sub-ledgers for enhanced reporting.
Ensure finance requirements are appropriately reflected in system design and change delivery.
Team Leadership & Development
Lead mentor and develop a team of three direct reports.
Set performance objectives conduct regular check-ins and support the professional growth of team members
Ensure appropriate resource allocation and cross-training to support peak reporting periods.
Stakeholder Management
Act as a senior finance partner to the Syndicate CFO providing insight on financial performance close quality and control matters.
Liaise closely with Group Finance Actuarial Investment Accounting Operations IT and local finance teams to resolve issues impacting reporting or controls.
Represent Syndicate Finance in crossfunctional forums projects and steering committees.
Provide support to the wider Syndicate CFO and wider Syndicate Finance teams as required to ensure that teams overall objectives are achieved.
Qualifications:
Bachelors degree in Accounting Finance or a related field. Qualified accountant (ACA ACCA CIMA or equivalent) with significant post qualification experience within the Lloyds of London market.
Knowledge Skills & Competencies
Knowledge and understanding of the financial and regulatory landscape.
Excellent knowledge of the Lloyds market including the Xchanging and LCA processes.
Experience of working with underwriting and claims teams along with the policy and claims administration systems used.
Strong attention to detail and accuracy.
Proficiency in Microsoft Office.
Good communication skills ability to interact at all levels.
Ability to work independently and as part of a team.
Experience with Oracle ERP is preferable.
Knowledge of core market returns (CMR) market data collection (MDC) and reporting forms required by Lloyds (and FCA/PRA where equivalent) is a plus.
Previous management experience or evidence strong leadership skills is required.
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What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
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. Clickhereto learn more about our culture.
- Our Valuesare 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. Inclusion and Belonging.
- Our Colleague Behaviorsdefine 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:
RegularTime Type:
Full timePrimary Location:
LondonAdditional Locations:
About Company
At Everest, we underwrite opportunity for all stakeholders with protection and peace of mind in an increasingly complex and uncertain world.