Assistant Syndicate Accountant

4 weeks ago


London, United Kingdom AIG Full time

Join as an Assistant Syndicate Accountant to take your finance career to the next level with a global market leader.

Make your mark in Talbot

With offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicate 1183 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap & ransom, contingency, property and treaty reinsurance. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance and reinsurance specialist.

What you need to know

As an Assistant Syndicate Accountant, you will be supporting the wider Syndicate Finance team with all aspects of Group and regulatory reporting, including both preparation and analysis work and to contribute to the continuing improvement of the Syndicate processes.

This is a fantastic role where you will get excellent experience in the Lloyd’s market and learn all about Lloyd’s reporting. We offer great career progression, and we will support you in developing your technical skills and in becoming a qualified Accountant.

Some of the key responsibilities include:

  • Assisting in the preparation of the quarterly results submissions to AIG Group team
  • Assisting with close of the quarterly general ledger and analysis of premium and reinsurance premium quarter on quarter and year on year analysis
  • Ensuring relevant SOX controls are performed and evidenced
  • Preparation of Gross Quarterly Data (GQD) return
  • Preparation of additional regulatory returns, including but not limited to the quarterly SLTF and CLTF and Schedule F&P annually
  • Preparation of other international regulatory reporting returns
  • Assistance with the preparation of QMA forms and annual report and accounts
  • Processing GAAP journals
  • Monthly ledger close processes and reporting
  • Assisting in work to ensure the ledger at a class of business and underwriting year level is correct
  • Assisting in the production of the ultimate and earned gross and reinsurance premium on a quarterly basis for Group and regulatory reporting
  • Quarterly review and analysis of signed v EPI data and liaising with underwriters to investigate and resolve any discrepancies identified

What we’re looking for:

  • Numerical degree
  • Part qualified or willing to start an accountancy qualification
  • 1-3 years relevant experience
  • Strong Excel skills
  • Strong analytical skills
  • Lloyd’s of London knowledge and / or experience useful

#LI-AIG

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.  

Functional Area:

FA - Finance

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

Talbot Underwriting Services Ltd (TS1)


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