Syndicate Accountant

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 purposeful 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.

The Role Reporting to the Manager, Syndicate Accounting and Reporting, you will play a key role in the delivery of result management, financial controllership and comprehensive internal and external reporting requirements for our managed syndicates, managing agent and corporate member. You will be responsible for maintaining high standards of financial control, supporting regulatory and Group reporting requirements, and providing insightful financial analysis to support business decision-making.

As Hiscox continues to transform its Finance operating model through the transition of selected activities to an outsourced business service provider, you will play an important role in supporting the successful migration of processes, embedding new ways of working and helping to establish an effective target operating model. This will involve working closely with both onshore and offshore teams to support knowledge transfer, process documentation, operational readiness and the successful transition of activities.

As part of the ongoing Finance transformation, the role will involve providing ongoing supervision, review and challenge of work performed by the outsourced service provider, ensuring outputs are delivered accurately, completely and in accordance with agreed service levels, accounting policies, financial controls and regulatory requirements.

The role requires strong stakeholder management skills and the ability to build effective working relationships across geographically dispersed teams. You will work collaboratively with colleagues across Actuarial, Underwriting, Risk, Compliance, Technology and Group Finance, helping to drive service excellence, continuous improvement and a robust control environment. You will also contribute to strengthening the Syndicate Accounting and Reporting function through process improvements, enhanced controls and the ongoing development of both onshore and offshore team capabilities.

You will also be involved in various Finance and business transformation initiatives, as well as other ad hoc projects as required, supporting the continued development of an efficient, scalable and best-in-class finance function.

Key Responsibilities Support production and review of Lloyd’s quarterly and annual regulatory returns including QMA (flash/Delta/Schedule
3), SITUS, NAIC, TRIA, TPD, SIS, UK Tax, Annual Accounts for Syndicates, Managing Agent, and Corporate Member etc.

Prepare insightful Lloyd’s results commentary, including balance…