Syndicate Accountant (12 month FTC)

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Syndicate Accountant (12 month FTC)

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Chaucer Group .About usChaucer is a leading insurance group at Lloyd''s, the world''s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups. Our headquarters are in London, and we have international offices in Copenhagen, Miami, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website www.chaucergroup.comThe Role

This role covers all aspects of syndicate accounting for live Syndicates. Activities include reviewing data input, liaising with underwriters and actuaries to ensure efficient and accurate accounting and the production of ledger information, necessary for the production of management information and regulatory returns. The role will support the Syndicate Accounting Manager in planning and running the close process (monthly and quarterly), together with assisting with the preparation of analytical tools and reports to support the information produced, plus other ad-hoc project work.The accounting of insurance technical and non-technical transactions in the relevant ledgers of the Syndicates, including handling all technical aspects affecting the syndicate ledgersAll operational aspects of the production of ledgers, including the preparation of account reconciliations and analysis of balance sheet and profit and loss itemsLiaising with parties involved in the process, in particular within the Finance area, to ensure the end result is delivered in the timeframe and standards requiredAssisting in planning and production of reports and ensuring that they are produced in accordance with the relevant timetables, ensuring that there is sufficient time for management review and understanding of the figuresDevelopment of diagnostics and continuous interaction with underwriters, actuaries and treasury in order to develop the understanding of the figuresResponsible for the following accounting activities: Administration of ledgers kept in PeopleSoft; The preparation and maintenance of timetables and department resource planning; Handling of all technical aspects affecting the production of syndicate returns; Managing all operational aspects of the production of documents, in order to ensure the timely and accurate production of syndicate returnsResponsible for the maintenance of a sound system of internal controls, including where appropriate SOX controlsLiaising with internal and external auditors at the highest level and ensuring that all the information required is produced and the audits are completed on timeResponsible for the development of process improvements and system enhancements, in order to ensure the efficient and accurate production of data. This might require involvement in projectsDocumentation of procedures affecting the areas under supervisionOur requirements

EssentialExposure to the Insurance Market as an accountant or auditorDesirableExperience with live SyndicatesTechnical skills

Working knowledge of UK GAAP, Companies Act and IFRSAdvanced experience of using ExcelAdvanced report writing skillsExperience with accounting software (PeopleSoft)Exposure to insurance accounting standardsQualified CA, ACCA or CIMAPersonal skills

Able to deliver results under tight deadlines, showing flexibility when requiredStrong sense of accountability and ownership of the work assignedSelf-starter, requiring minimum supervision, with the ability to solve problems and find solutionsWhy Join Chaucer?

Chaucer is a leading global insurer operating in both Lloyd\''s and company markets, helping industries worldwide manage risk—from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we\''re close to our clients wherever they are.We offer:A flexible 2 days in the office hybrid work model that supports individual and team needs.A diverse, inclusive culture that values people for who they are.Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.Seniority level

Mid-Senior levelEmployment type

ContractJob function

Accounting/Auditing and FinanceIndustries

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