Job Description
General Job description and person specification Job Title: Syndicate Accountant - Dublin Type: Permanent Division: Finance Team: Syndicate Reporting (team personnel: 10) Reports To: Senior Syndicate Accountant / Syndicate Controller Key Relationships: Finance team, Lloyd’s of London, Banks, Actuaries, Underwriters, Ceded RI, Compliance, Technical Accounting and Auditors
Job Summary: Responsible for supporting the Syndicate Controller in maintaining/preparing accurate syndicate accounting ledgers and providing analysis and management information to various stakeholders
Key
: Preparation of quarterly financials for seven syndicates, to include posting journals using Agresso (GL Package)
Preparation and review of key balance sheet reconciliations on a quarterly basis
Support the preparation of regulatory returns for Lloyd’s or relevant regulators and tax authorities and presentation of same to management
Assistant with preparation and review of UK GAAP statutory accounts for seven syndicates. (FRS 102/103) Liaise with Group reporting manager to facilitate consolidation of the syndicate results into the parent company Beazley plc, (including calculation of any relevant IFRS adjustments)
Analytical review of syndicate financial information including close liaison with the management reporting team
Production and review of note disclosures for group reporting
Development and maintenance of calculation processes to support preparation of quarterly financial information
Liaise with underwriters, actuaries, auditors, senior management and/or third parties as appropriate
Ad Hoc reporting including co-ordination and collection of information to prepare internal reports
Support Senior Syndicate Accountants and Syndicate Controller with Ad-Hoc requests and projects as necessary
Review output of junior team members and escalate issues to Syndicate Controller where relevant
General It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers
We also expect Beazley employees to: Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct
Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system
Display business ethics that uphold the interests of all our customers Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
Comply with any specific
necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas
This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management
Carry out additional
as individually notified, either through your objectives or through the learning management system
These may include membership of any Beazley committees or working groups
Personal Specification: Essentia Criteria Qualified accountant (ACCA/ACA/CIMA or equivalent)
Skills working with Excel must be at an intermediate to advanced level
Knowledge of IFRS/ FRS 102/ FRS 103
Education and
Knowledge of insurance company accounting is advantageous
Knowledge of syndicate accounting is preferred but not required
Skills and Abilities Must be able to work as part of a team
Must demonstrate the key characteristics required to coach/monitor junior staff members within the team
Experience working with other MS Office software to include Outlook, Word, Powerpoint
Excellent interpersonal and communication skills
Proactive, self-starter, seeks continuous improvement
Ability to manage time, meet deadlines and prioritise
Aptitude and Disposition Self motivated, flexible and enthusiastic
Professional approach to successfully interact with senior management/colleagues/external suppliers
Diplomatic.