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Senior Finance Manager (Insurance)

HFG

City Of London

On-site

GBP 60,000 - 100,000

Full time

30+ days ago

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Job summary

An established industry player in the insurance sector is seeking an experienced Finance Manager to lead their London-based finance team. This pivotal role involves overseeing the financial close process, managing a team, and ensuring compliance with financial regulations. The ideal candidate will possess strong insurance accounting knowledge and experience in financial analysis and team management. This dynamic position offers a unique opportunity for professional growth and succession planning within a supportive environment, making a significant impact on the company's financial performance and strategic direction.

Qualifications

  • Strong technical insurance accounting knowledge is essential.
  • Experience in managing a team and financial controls required.

Responsibilities

  • Compile and analyze complex financial data for reporting and trends.
  • Develop financial/business plans, budgets, and forecasts.
  • Lead projects on financial regulatory changes and audits.

Skills

Insurance Accounting
Financial Analysis
Budgeting
Team Management
Compliance Monitoring

Education

Qualified Accountant (ACA, ACCA, CIMA)
Qualified by Experience

Job description

A US Property & Casualty insurer with a strong reputation is looking for an experienced Finance Manager to join their London based team. This is a leadership role within a dynamic finance function that will offer succession planning to current senior management. This role will oversee the financial close process for the London Market business whilst overseeing two direct reports. You will be responsible for maintaining a strong general ledger and control framework.

Responsibilities:
  • Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and present on trends.
  • Leverage business perspectives to develop robust financial analyses with a focus on key performance metrics (i.e. production, profitability, expense management, staffing).
  • Accountable for the overall development and creation of financial/business plan, budget, and forecasts.
  • Engage with business partners and functional partners in order to develop strong analyses and financial plans.
  • Conduct an insightful and complete review and approve internal management based financial reporting for complete and consistent results within corporate policies and standards.
  • Conduct an insightful and complete review for external financial statements.
  • Develop, perform, and certify financial controls in accordance with SOx requirements.
  • Review complex documentation to support internal and external audits with heavy interaction with internal and external auditors.
  • Monitor and maintain compliance with various financial external regulatory requirements and internal accounting policies.
  • Lead projects that analyze and implement complex business and financial regulatory changes relating to financial reporting, such as reorganisations, mergers and acquisitions, etc.
Qualifications:

They are looking for a candidate with strong technical insurance accounting knowledge (essential for the role), and experience in managing a team, as well as a good grasp of general ledger and financial controls. A background in audit with strong technical expertise would also be suitable (insurance still required). A qualified accountant (ACA, ACCA, CIMA) is preferred, but we will also consider candidates who are qualified by experience.

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