Syndicate Finance - Fixed Term Contractor
About Atrium
In a world of constant change, you need an insurer who has stood the test of time. Our reputation is built on consistency, expertise, and a client-first approach.
We manage Syndicate 609, one of the oldest syndicates at Lloyd’s, with a history going back to the 1930s. Our longevity reflects the strength of our underwriting discipline, the depth of our relationships, and our ability to adapt to the evolving needs of our clients and the wider insurance marketplace.
We’re all in it together at Atrium
We are committed to creating an environment where people learn, grow, and follow what they’re passionate about. Our culture encourages staff to feel confident in making decisions at any stage of their career and do work that makes them proud, knowing they’re playing a valuable role in shaping the success of the business.
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Role
- We are looking for a fixed term contractor to assist the financial reporting responsibilities of the syndicates.
- Responsibilities
- Year-end accounts
Preparation work
- Coordination and completion of Managing Agents Report for both Atrium Syndicates
- Coordination and completion of Disclosures of interest relating to Annual and Underwriting Accounts
WDesk
- S2026 Annual Accounts set up
- Implement synergies/automation across both syndicates
- Comparatives roll forward
- Schedule 3 Reporting/Annual Accounts/Underwriting Accounts consolidation work
Checklists and Review
- Consistency across syndicates and documents
- Use of copilot to aid all of the above
- Processes to be fully documented
Balance Sheet Reconciliations
- Full review of all Balance Sheet accounts to identify areas to strengthen documentation/support over account balances. Key items include, but not limited to, are:
- (Re)Insurance Debtors and creditors, including controls accounts
- Technical balances (outstanding and IBNR reserves
- Loss Portfolio Transfer
- AUGOLD
- All reconciliations to be fully documented for their purpose, process and minimum level of supporting documentation
Syndicate 2026 ULAE provision assessment and preparation of accounting paper supporting the basis of calculation/provision:
Situs year end workings (e.g. F&P and NAIC)
- Set up robust and scalable process for S2026 in its first year of Situs reporting
- Review existing process for S609. Recommend and implement changes to Streamline and optimise workings
- All processes to be fully documented with controls over process identified and implemented
Standard Formula
- Review existing process for S609. Recommend and implement changes to Streamline and optimise workings for Finance inputs
Transition the completion of Board and Audit Committee schedules papers in from PowerPoint to WDesk
Knowledge required
- Knowledge of Lloyd’s systems and reporting requirements and understanding of the types of business transacted by a syndicate.
- Strong documentation skills
- Professional accountancy qualification
- Numeracy and excellent attention to detail.
- Communication skills.
Desired capabilities
- Phinsys suite
- WDesk (or something similar)
- AI/Copilot
Atrium offers all permanent employees the chance to work flexibly through our charter for flexible working - we actively invite applications from candidates requiring any form of flexible working arrangements.
Atrium is an Equal Opportunities employer with a strong and passionate commitment to Diversity, Equity, and Inclusion. Atrium actively invites applications from candidates requiring any form of flexible working arrangements.
We do not discriminate based upon age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation, or any other applicable legally protected characteristic.
We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please get in touch.
