Director of Financial Control and Reporting

Director of Financial Control and Reporting

Full-Time 100000 - 150000 £ / year (est.) No working from home possible
CO1001 Corporation of Lloyd’s

At a Glance

  • Tasks: Lead financial control and reporting for a global insurance marketplace.
  • Company: Lloyd’s, the world’s leading insurance and reinsurance marketplace.
  • Benefits: Flexible working, generous pension, healthcare, and training support.
  • Other info: Diversity and inclusion are key values at Lloyd’s.
  • Why this job: Make a significant impact in a dynamic financial environment.
  • Qualifications: Senior leadership experience in financial control and a recognised accountancy qualification.

The predicted salary is between 100000 - 150000 £ per year.

Lloyd’s is the world’s leading insurance and reinsurance marketplace.

Location: London (with some travel to Chatham)

What you’ll do:

  • Own the financial control framework for the Corporation, including subsidiaries and international entities.
  • Lead monthly close and consolidation with a clear focus on quality, pace and discipline.
  • Set and uphold high standards for balance sheet integrity, governance and controls.
  • Deliver trusted external reporting – take accountability for statutory, regulatory and market‑wide reporting across the Market and the Society of Lloyd’s, provide clear, authoritative reporting to senior committees, regulators, rating agencies and external stakeholders, lead relationships with external auditors and guide the market through evolving reporting requirements.
  • Run critical finance operations – oversee finance operations that keep the Lloyd’s Market moving, including central accounting, settlement, payments and cash, ensure operational resilience, strong governance and scalable processes across the UK and international offices.
  • Drive insight and planning – lead FP&A across the Corporation, supporting robust planning, forecasting and investment decisions, translate complex financial information into clear, practical insight for senior leaders.
  • Steward capital and liquidity – play a key role in capital management, balance sheet stewardship and liquidity oversight, work closely with the CFO and Chief Actuary to maintain Lloyd’s financial strength and credibility.
  • Lead, develop and inspire – build and lead a high‑performing Central Finance function with strong technical capability and future‑ready leadership, create an open, inclusive culture where people feel trusted, supported and empowered to do their best work.
  • Contribute as a senior leader at Lloyd’s and deputise for the CFO when required.

What you’ll bring:

  • Senior leadership experience in financial control and reporting within insurance, reinsurance or a similarly regulated environment.
  • Deep technical expertise in accounting and external reporting, with the confidence to lead complex judgement discussions.
  • Experience working with regulators, auditors and rating agencies at a senior level.
  • Strong understanding of capital, solvency, liquidity and balance sheet management.
  • A recognised accountancy qualification (ACA, ACCA or equivalent).
  • A collaborative, inclusive leadership style – and the confidence to take ownership and make things happen.
  • Experience of the Lloyd’s Market is valuable, but not essential.

Benefits:

  • Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc).
  • Financial support for training, education & development.
  • A benefit allowance to spend on flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme.
  • Employee recognition scheme and various employee discount schemes.
  • Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in and where everyone is treated with dignity and respect to achieve their full potential.

Director of Financial Control and Reporting employer: CO1001 Corporation of Lloyd’s

Lloyd’s is an exceptional employer, offering a dynamic work environment in the heart of London, where you can lead and innovate within the world’s foremost insurance marketplace. With a strong commitment to employee development, flexible working arrangements, and a focus on diversity and inclusion, Lloyd’s empowers its staff to thrive both personally and professionally. The company provides comprehensive benefits, including generous pension schemes and financial support for training, ensuring that every team member feels valued and equipped to excel in their roles.

CO1001 Corporation of Lloyd’s

Contact Details:

CO1001 Corporation of Lloyd’s Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Director of Financial Control and Reporting

Tip Number 1

Network like a pro! Reach out to your connections in the finance and insurance sectors, especially those who have experience with Lloyd's. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by diving deep into Lloyd’s financial control framework. Understand their reporting requirements and be ready to discuss how your experience aligns with their needs. Show them you’re not just a fit, but the perfect fit!

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you note to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds and shows your professionalism.

Tip Number 4

Apply through our website! We’ve got all the latest job openings, and applying directly can sometimes give you an edge. Plus, it shows you’re proactive and genuinely interested in joining the team at Lloyd’s.

We think you need these skills to ace Director of Financial Control and Reporting

Financial Control Framework
Monthly Close and Consolidation
Balance Sheet Integrity
Governance and Controls
External Reporting
Statutory Reporting
Regulatory Reporting

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Director of Financial Control and Reporting role. Highlight your senior leadership experience in financial control and reporting, and don’t forget to showcase your technical expertise in accounting and external reporting.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your experience with regulators and auditors, and how your collaborative leadership style aligns with our values at Lloyd’s.

Showcase Relevant Experience:When filling out your application, be sure to highlight any relevant experience you have in the insurance or reinsurance sectors. If you’ve worked with capital management or liquidity oversight, make that stand out!

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at CO1001 Corporation of Lloyd’s

Know Your Financial Control Framework

Make sure you understand the financial control framework thoroughly. Be prepared to discuss how you would own and enhance this framework at Lloyd’s, including your approach to maintaining balance sheet integrity and governance.

Showcase Your Leadership Style

As a Director, your leadership style is crucial. Think about examples that demonstrate your collaborative and inclusive approach. Be ready to share how you've built high-performing teams and fostered an open culture in previous roles.

Prepare for Technical Discussions

Brush up on your technical accounting knowledge and be ready to lead complex judgement discussions. You might be asked about your experience with regulators and auditors, so have specific examples in mind that highlight your expertise.

Understand Capital Management

Familiarise yourself with capital, solvency, liquidity, and balance sheet management. Be prepared to discuss how you would contribute to maintaining Lloyd’s financial strength and credibility, especially in relation to your past experiences.