At a Glance
- Tasks: Support audit activities and enhance compliance in a dynamic insurance environment.
- Company: Join a leading insurance organisation with a focus on innovation and collaboration.
- Benefits: Competitive day rate, hybrid working, and opportunities for professional growth.
- Other info: Diverse team culture that values unique contributions and perspectives.
- Why this job: Make a real impact by improving processes and strengthening controls in finance.
- Qualifications: Experience in insurance finance, internal audit, or risk management is essential.
The predicted salary is between 54000 - 66000 £ per year.
Our sister company Stellarmann is supporting a leading insurance organisation with an urgent requirement for a Reinsurance Finance Consultant. This role will play a key part in supporting audit activities, SOX compliance documentation, controls embedding, and wider ceded reinsurance change initiatives across the business. Working closely with Finance, Risk, and Operational stakeholders, you will help strengthen the controls environment, support audit delivery, and drive process improvements within a highly regulated insurance environment.
Key Responsibilities
- Own and support delegated Ceded Finance BAU activity
- Support the documentation, maintenance, and enhancement of SOX-compliant controls and processes
- Ensure control evidence is accurately captured, maintained, and available for audit purposes
- Coordinate with external auditors and business stakeholders to facilitate audit delivery
- Track audit requests, deliverables, and testing activity, providing regular progress updates
- Support ceded reinsurance change initiatives and related process improvement activities
- Partner with business teams to identify control weaknesses and operational inefficiencies
- Educate and guide business process owners on compliance requirements and best practices
- Contribute to ad-hoc projects across Finance, Risk, and Operations as required
We are looking for:
- Strong insurance Finance experience, ideally within the London Market
- Experienced in Internal Audit, SOX Compliance, Risk Management, Accounting, or Financial Controls.
- Experience within Ceded Reinsurance is desirable, although candidates with a broader Insurance Finance background will also be considered.
- Hands on experience of SOX, COSO, internal controls, and audit frameworks.
- Proven ability to manage multiple priorities and work effectively across teams.
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
This is an initial 6-month assignment offering a competitive market-rate day rate outside IR35, with a hybrid working arrangement of 3 days per week in the London office.
Reinsurance Finance Consultant in London employer: Consult
At Consult, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our North America team is dedicated to professional growth, offering robust training and development opportunities while working in a fast-paced, innovative environment. Join us to be part of a collaborative team that values your contributions and supports your career aspirations in the exciting MedTech sector.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Finance Consultant in London
✨Tap into Local Agencies
For temporary roles like the one at Consult, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Consult knows you can adapt quickly to their needs!
We think you need these skills to ace Reinsurance Finance Consultant in London
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Consult's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Consult
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Consult. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
