At a Glance
- Tasks: Lead a finance team, manage financial reporting, and ensure compliance in the insurance sector.
- Company: Join a growing insurance group dedicated to diversity and inclusion.
- Benefits: Enjoy a collaborative work environment with opportunities for mentorship and professional growth.
- Why this job: Make a real impact in a dynamic industry while developing your leadership skills.
- Qualifications: Qualified accountant with experience in finance, particularly within the insurance market.
- Other info: This role offers a chance to work closely with senior management and influence organisational success.
The predicted salary is between 43200 - 72000 £ per year.
An opportunity has arisen with an expanding insurance group for a qualified accountant to join and mentor a small team as a Finance Manager.
Core responsibilities will include:
- Financial Reporting & Control: Prepare accurate and timely monthly, quarterly, and annual management and statutory accounts for multiple entities. Maintain robust financial reporting and controls framework, ensuring compliance with accounting standards (IFRS, US GAAP a plus).
- Insurance Finance: Oversee insurance funds, ensuring compliance with regulations and alignment with group and carrier requirements. Monitor insurance balances and address issues promptly.
- Treasury & Bank Management: Manage bank payments and execute FX trades.
- Tax Planning & Compliance: Oversee all tax, regulatory, and financial compliance matters, ensuring accurate and timely tax returns.
- Team Leadership: Lead and mentor a small finance team.
As a qualified accountant with a proven track record in the insurance market, you combine a strong academic foundation with hands-on accounting expertise and a talent for leading teams. You are looking for a role offering the opportunity to collaborate with senior management and business leaders, contributing to their organisational growth and success.
Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.
Finance Manager - Insurance employer: Insight Recruitment Solutions Limited
Contact Detail:
Insight Recruitment Solutions Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager - Insurance
✨Tip Number 1
Network with professionals in the insurance finance sector. Attend industry events or join relevant online forums to connect with people who can provide insights about the role and potentially refer you.
✨Tip Number 2
Familiarise yourself with the latest regulations and compliance standards in the insurance industry. Being knowledgeable about IFRS and US GAAP will give you an edge during interviews.
✨Tip Number 3
Prepare to discuss your leadership style and experiences in mentoring teams. Highlight specific examples where you've successfully led a team through challenges, as this is crucial for the Finance Manager role.
✨Tip Number 4
Research the company’s values and recent developments in their business. Tailoring your conversation to align with their goals and demonstrating your interest in their growth can set you apart from other candidates.
We think you need these skills to ace Finance Manager - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as a finance manager, particularly in the insurance sector. Emphasise your experience with financial reporting, compliance, and team leadership.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention specific experiences that demonstrate your ability to manage financial reporting and lead a team effectively.
Highlight Relevant Skills: In your application, focus on key skills such as financial analysis, regulatory compliance, and treasury management. Use examples from your past roles to illustrate these skills in action.
Showcase Leadership Experience: Since the role involves mentoring a small team, be sure to include any relevant leadership experience. Discuss how you've successfully led teams in the past and contributed to their development.
How to prepare for a job interview at Insight Recruitment Solutions Limited
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your expertise in financial reporting and controls. Brush up on key accounting standards like IFRS and US GAAP, and be prepared to discuss how you've applied these in previous roles.
✨Showcase Your Leadership Skills
Since the role involves leading a small finance team, be ready to share examples of how you've successfully mentored or managed teams in the past. Highlight your approach to team development and how you foster collaboration.
✨Understand the Insurance Landscape
Familiarise yourself with the specific challenges and regulations in the insurance sector. Be prepared to discuss how you've navigated compliance issues and managed insurance funds in your previous positions.
✨Prepare for Technical Questions
Expect technical questions related to treasury management and tax compliance. Review your knowledge on bank payments, FX trades, and tax planning strategies to confidently answer any queries that may arise during the interview.