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Hiring Finance & Accounts Lead with P&C Insurance For Lloyd's London

7.00 to 12.00 Years   Bangalore, Chennai, Kolkata, Mumbai City, Delhi   15 Nov, 2021
Job LocationBangalore, Chennai, Kolkata, Mumbai City, Delhi
EducationNot Mentioned
SalaryNot Disclosed
IndustryIT - Software
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

Key accountabilities:

  • Preparation of all regulatory returns for Lloyds, and entities including SII and new UK GAAP
  • Preparation of Lloyd s related Statutory accounts and other statutory information
  • Preparation of quarterly consolidation reporting to Group
  • Support the Lloyd s Platform s reporting framework, ensuring compliance with relevant accounting standards and development
  • Preparation of the 302 file for all Lloyd s and entities
  • Preparation of entity management information for submission to group team
  • Posting of technical account transactions to the Coda (system) nominal ledger
  • Input to the development and ongoing maintenance of systems and processes required for management information and regulatory reporting for the Syndicate
  • Assuring the quality of output from FSS to ensure that it meets the required standard for the UK Platform teams to be able to effectively report
  • Input to comply with new accounting standards and developments within Lloyd s and entities, in addition to internal policies and procedures
  • Supervising and review output of junior members of the team
  • Revenue recognition and cost analysis/management reporting/compliance
  • deferred Revenue - recording the Insurance income
  • Premium accounting and Risk Summary skill
Skills & experienceA formal accounting qualification is essential (ACCA, ACA).
  • Insurance background (Lloyd s Market experience desirable but not essential).
  • Strong grasp of US/UK GAAP.
  • Experience of Lloyd s accounting and reporting rules expected
  • Experience of working in a UK or US listed group desirable
  • Negotiating, verbal and written communications, numerical reasoning, report writing, analytical
  • Self motivated, problem solver and flexible
  • Good at building relationships
  • Process and control oriented
Industry: IT Services & Consulting Functional Area: Finance & Accounting Role Category: Accounting & TaxationRole: Accounts ManagerEmployment Type: Full Time, Permanent ,

Keyskills :
report writingfinancial justificationit servicesfinancegraspreturnsregulatory reportinglloydscontrolsolverwritingadditioncodainsurancefinancial accountingoutputreportingriskaccounting standards

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