Assistant Syndicate Accountant - Insurance

Hiscox Insurance Company Limited
London (Greater)
11 Jan 2018
10 Feb 2018
Contract Type
Full Time

Assistant Syndicate Accountant - Solvency II, IT, Systems - London (or Colchester)

Are you self-motivated and do you thrive under pressure? Do you love Finance and get a buzz out of improving systems and processes? Good, because you are the type of person we are looking for! If the opportunity to develop expert knowledge across a wide range of tasks and requirements appeals to you then this could be the perfect role for you.

This is a great opportunity for a Syndicate Accountant / Systems Accountant to join our very efficient and dynamic team with a long line of sight over the functions of a Syndicate Finance team.We are a team of thirteen staff based in both our Colchester and London offices and we are responsible for the external reporting including IFRS, UK GAAP, Solvency II and tax of our three Managed Syndicates (33, 3624 and 6104), Managing agent and corporate member. No pressure!

In addition to normal 'business as usual', we will also be undergoing a fair amount of change to our processes and reporting within the team due to Hiscox undertaking a large scale Finance Transformation Programme. This is an exciting time for not only our team but for Hiscox overall, and it's an opportunity you do not want to miss.

The Role

Reporting to the Syndicate Finance Manager, you will assist in producing the Syndicate reporting requirements for out three managed Syndicates. We hope you like coordinating information from a number of sources, because this will be one of your main tasks. You will coordinate inputs from Actuarial, Management Information and Finance to produce external regulatory submissions with a particular focus on Solvency II, Pillar III. The role will provide you with strong opportunities to work across the Syndicate Finance team and broaden your knowledge of a Syndicate Finance function.

What you'll be doing in the role

  • Assist with the production and completion of Lloyds Syndicate returns, primarily relating to Solvency II.

  • Assist with the production of the Solvency II Technical Provisions and maintenance of the calculation models.

  • Become an expert in analysing the reporting outputs and communicating these results to the business and management teams.

  • Produce and maintain key controls and data governance documentation.

  • Use system and process knowledge to streamline existing processes to meet tightening reporting deadlines.

Our must haves

  • Strong IT and system skills, with an interest in developing IT / Finance systems and model building.
  • Ideally Cognos Analyst experience
  • If no Cognos Analyst experience then Lloyd's / Syndicate finance function experience.
  • Ability to work to tight deadlines under pressure.
  • Innovative and open minded in approaching issues and determining solutions.
  • Confident communicator who builds good relationships across the business.

Nice to have

  • Cognos Analyst experience.

  • Syndicate Solvency II reporting experience.

  • Proven track record of innovation and process development.

About Hiscox

As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

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