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Syndicate Accountants are employed by Lloyd's underwriters to prepare reports and accounts for member syndicates.
Lloyd's is one of the world's biggest insurance organisation and has over 80 syndicates run by 50 managing agents which provide a wide range of insurance products in areas such as marine, professional indemnity, natural catastrophe and aviation.
A Syndicate Accountant will be responsible for all aspects of accounting for one or more syndicate, including the production of all ledger information necessary to produce statutory returns and information to management.
Other duties include:
You'll be expected to be a qualified accountant (ACCA, ACA or CIMA) and preferably hold the Lloyd's and London Market Introductory Test (LLMIT).
Recent salaries for roles advertised at time of writing (Dec 2009) include:
Are you a Syndicate Accountant? Would you like to contribute to our "Day in the Life of..." series? Email us at firstname.lastname@example.org for more details.
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