Syndicate Accounting & Reporting Manager (Permanent and FTC)

Job Type: Permanent

Build a brilliant future with Hiscox

About Hiscox:
As an international specialist insurer, we are far removed from the world of mass insurance products, selectively focusing on 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. Defined by our strong moral fibre we prioritise above all else the principle of doing what we say we will.

Insuring the unique and interesting, our search for talent is the same. We empower our people to think creatively, challenge the status quo and approach things with a solution focused lens. This results in us being able to provide the type of insurance solutions which are often too complex for other insurance companies, we find a way where others give up.

Our straight-talking culture is not for everyone but allows us to strive to improve everything we do and never settle. Trust is integral to how we operate, and it allows us to work in an environment where every role has a prominent level of autonomy; freedom to forge your path and help set the wider agenda is evident in all parts of the organisation.

Through embracing an environment that brings together people who are unique and interesting we are ensuring we build a company where teams do not all think the same – this, combined with a culture where courage to say what you think is not only actively encouraged but is central to our business model has defined our success. If you thrive in a challenging and collaborative environment where you are trusted to work instinctively and know the company will stretch, you to your full potential look no further.

Reporting to the Head of Syndicate Accounting and Reporting, you will have a key role in overseeing the full financial controllership duties for our three managed syndicates, managing agent and corporate member. This will include overseeing the whole ledger controllership process, such as reviewing, producing, maintaining, reconciling, and analysing accounting ledgers, followed by financial analytics and business partnership with Business units on KPIs and result management and comprehensive external/internal reporting function.

This will require you to communicate and collaborate with different areas of the business such as actuarial, underwriting, risk and compliance, group finance in performing the tasks assigned. Moreover, you will have a role in overseeing Finance projects, including ongoing improvements for IFRS 17, implementation of controls framework, as well as other ad hoc projects when needed. You will also work closely with the Head of Syndicate Accounting and Reporting in building an effective finance function and implementing actions to improve controllership efficiencies in ledger controllership, business partnership, group, and external reporting etc.

and in strengthening the syndicate financial control framework. The role involves working in a Finance team which has onshore members across two locations in London and Colchester, and an offshore team in India.

• Manage all aspects of the ledger accounting process, which includes preparing the Syndicate accounting ledgers, the managing Agent's ledger, and the corporate member's ledger, and completing the GL Close at the end of every month, quarter, and year.
• Preparing management reports and analysing business unit performance, evaluating how actual and forecast results differ from initial.
• Manage the timely production, review of Lloyd’s quarterly and annual regulatory returns, annual reports and accounts, IFRS statutory reporting with quantitative and qualitative analysis and disclosures.
• Making sure the BU financials are correct in the ledgers and any gaps are quickly reported to BU leads and fixed in time for WDT close.
• Preparing components of Board reporting such as Board papers, CFO & AC packs, and assisting management in presenting HSL finance to the board.
• Preparation and presentation of Lloyds results commentary including BS, P&L and other KPIs for governance committee.
• Ensure the internal deadlines for group financial reporting schedules are met and…