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Syndicate Financial Accountant

Job ID: 8027
Department: Finance
Employment type: Permanent - Full time
Location(s): London, England
Preferred education: Degree or equivalent

Job Description:

Syndicate Financial Accountant
Circa 55k base salary

Are you self-motivated and like to manage your own work? Are you an innovator in Finance and do you always look for a better way of doing things? If so, read on.

The Syndicate Finance team is responsible for a wide range of financial reporting for three Lloyd’s Syndicates. It has twenty five staff based across our Colchester and London offices and is part of the wider group finance function. The primary output of the team is internal and external reporting including IFRS, UK GAAP, Solvency II and tax of our three Managed Syndicates (33, 3624 and 6104), Managing agent and corporate member.

A multi-year finance transformation programme is currently underway at Hiscox which is creating a dynamic environment where many processes currently used are going to evolve in the coming year including a migration to a new Oracle General Ledger. This creates a lot of variation and opportunity in the role but to be involved in change you must be a swift learner, able to respond quickly to an evolving situation, and as an accountant you must love accuracy at all times! A transformation programme of this scale leads to high exposure to the inner most workings of the business and there is opportunity to get involved and find better ways of working.

The Role

Reporting to the Syndicate Finance Manager, you will help produce the Financial Consolidation package for the corporate member, coordinate the regulatory reporting and prepare the Syndicate Report and Accounts.

What you’ll be doing: