Senior Syndicate Accountant

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Date: Dec 10, 2024

Location: London, GB, EC3M 3BD

Company: Aspen Insurance

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

Role Purpose 

 

This role supports the key objectives of the Syndicate Finance Department to delivery accurate, meaningful and timely financial information for Lloyd’s entities within the Aspen group in accordance with agreed standards and deadlines. Our Aspen Values are expected to be reflected in the delivery and performance of every role

 

Key Results areas

 

Strategy and Planning

  • Ensure that internal timetables are monitored and updated as and when tasks are completed.
  • Review instructions and proformas from Lloyd’s to ensure changes are notified and then implemented, where necessary.    •    Ensure tasks are completed on time and to a high degree of accuracy.
  • Alignment, and engagement of team to tactical goals
  • Relevancy, accuracy, and timeliness of contribution/advice
  • Priorities aligned to tactical and wider strategic plans

 

Policy, Process and Procedures

  • Production of financial statements for Lloyd’s entities.
  • Assist in the production of regulatory returns for Lloyd’s including QMA, QMB, QSR/QAD, Trust Funds returns, and UKGAAP returns.
  • Assist in the production of entity management information for submission to Group team.

 

Technical Perfromance 

  • Apply technical knowledge of UK GAAP and FRS to ensure that Financial Statements are produced to the highest standard.
  • Prepare accurate and timely statutory and regulatory reporting outputs, ensuring the overall quality and completeness of formal returns and supporting audit trail (including preparation of annual financial statements, QMA, QMB and QSR etc.)

 

Knowledge 

  • A thirst to continue developing knowledge of London Market Insurance Companies
  • Proficient in the use of Microsoft packages – Word, Excel, Outlook
  • Excellent verbal and written communication skills

 

Skills

  • Self-motivated with strong problem-solving skills
  • Good at building relationships internally and externally
  • High attention to detail
  • Good analytical skills

 

Experience

  • ACA/ACCA Qualified
  • Graduate
  • 2+ years post qualification experience in the insurance industry
  • Previous experience in the production of UKGAAP financial statements is extremely desirable.
  • Lloyd’s industry experience extremely desirable.

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate.  We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.

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