Our client is a leading player in the Insurance industry, managing two prestigious Lloyd's Syndicates. Their commitment to excellence, innovation, and client satisfaction has propelled them to the forefront of the market. As part of their growth strategy, they are looking for a highly skilled and experienced Financial Controller to join their established team in London.
As a Syndicate Financial Controller, you will have a critical role in managing all financial reporting and regulatory compliance for two Lloyd's Syndicates.
Your key responsibilities include:
Regulatory Compliance: Ensuring that all Syndicate reporting is completed accurately and in line with regulatory deadlines, both at the Group level and within Lloyd's.
Solvency II Reporting: Managing Solvency II returns, including QSR, ASR, TPD, and GQD, as well as overseeing technical premiums and inwards and outwards RI premiums.
Statutory Returns: Leading the preparation of annual statutory returns.
Lloyd's Finance Regulatory Returns: Overseeing the production of all Lloyd's finance regulatory returns, maintaining robust governance and adherence to Lloyd's minimum standards.
Financial Reporting Standards: Ensuring compliance with reporting standards for both Syndicates.
Internal Controls: Establishing and reviewing effective internal controls.
Financial Planning: Managing financial planning, control, and statutory reporting processes to uphold financial integrity and support profitable growth in line with business plans.
Audit Support: Supporting the external and internal audit process, ensuring all necessary information is available for audits.
Financial Systems: Developing and managing financial systems and procedures in compliance with corporate and regulatory requirements.
Stakeholder Management: Building and maintaining strong relationships with key internal and external stakeholders, including Actuaries, Operations, Front Office teams, banking and financial institutions, rating agencies, auditors, and regulatory bodies.
Management Information: Providing regular and ad hoc management information to facilitate decision-making.
Continuous Improvement: Continuously seeking opportunities to enhance system reporting and result interpretation.
Team Leadership: Managing and leading a team to ensure the quality of service meets customer expectations.
Qualifications:
A professional accounting qualification (CIMA/ACCA/ACA).
Strong experience in the Lloyd's market.
Proven experience in managing complex financial services businesses at the executive level.
Significant experience in senior-level accounting.
Expert knowledge of statutory, legal, and regulatory requirements related to Lloyd's Syndicates.
In-depth technical knowledge of primary financial statement reporting.
Familiarity with industry best practices in finance, accounting, and internal controls.
Understanding of relevant accounting software and tools.
