Assurance - FAAS - Insurance - Market Facing Director - London

Assurance - FAAS - Insurance - Market Facing Director - London

Full-Time 80000 - 100000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead finance transformation projects for insurance clients and improve efficiency.
  • Company: Join EY, a global leader in financial services with a diverse team.
  • Benefits: Flexible working, competitive salary, and comprehensive career development support.
  • Other info: Inclusive culture that values diversity and personal growth.
  • Why this job: Make a real impact in the insurance sector while developing your skills.
  • Qualifications: 10+ years in insurance finance, strong US GAAP and SOX experience.

The predicted salary is between 80000 - 100000 £ per year.

Location: London

At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.

Financial Accounting Advisory Services (FAAS) – Insurance – Director - London

Within EY, our Financial Accounting Advisory team (FAAS) focuses on supporting Chief Financial Officers (CFOs) across Compliance (implementing new accounting requirements and regulations), Controls, Cognition (improving insight), and Cost. We work closely with colleagues in other service lines, countries and industry sectors to deliver the EY Finance Solutions including Finance Transformation, AI in Finance, the Future of Controllership, Finance offshoring and Sustainability Reporting.

The opportunity: We are looking for a senior member of the team, a Market Facing Director, to sell and lead delivery of projects to help our Insurance clients improve efficiency and implement change projects in finance. In particular, we are seeking a candidate with strong US GAAP reporting and SOX implementation experience with a specific focus on non-life insurance. Any finance transformation and accounting and regulatory change experience will also be very valuable in the role.

Your key responsibilities:

  • Your specific role will be focused on advising Finance functions on things like:
  • What “good looks like” across the key Finance function operating model, including: process & controls, policy completeness and application, data flow and systems architecture, organisation structure and personnel skill sets required.
  • Driving Finance transformation across process, cost, and control improvements.
  • Leveraging new technology to implement the “Finance of the Future”.
  • Advising on implementation of new accounting and regulatory requirements resulting from changes in legislation or business combination or planned transaction/IPO activities.

As a senior member of the team, your responsibilities will cover all important areas of the team, including:

  • Designing and executing marketing activities, covering both solution development and account coverage.
  • Delivery of client engagements, ensuring robust quality, management of teams, and stakeholder management.
  • Risk management of all activities.
  • Team operations and account management.
  • People and pastoral care.
  • Development of the delivery model.
  • High-level team strategy and innovation.

Skills and attributes for success:

  • Deep knowledge of Insurance Finance Functions, across different dimensions of the operating model.
  • Experience of US GAAP and IFRS reporting for insurers.
  • SOX and ICFR implementation experience.
  • Ability to assist clients through the provision of advice, the delivery of implementation projects, investigation and resolution of accounting and regulatory issues.
  • Ability to cultivate and leverage a large network within EY, enabling you to deliver the best of the firm to clients.
  • Strong team management skills.
  • Function as a self-starter and be results-driven.
  • Relationship cultivation and stakeholder management to broaden and deepen our relationships with our clients, specifically with the Finance Function.
  • A drive to learn and develop across a range of topics.
  • Ability to manage and lead teams on projects and work with other Advisory and Assurance teams to deliver high quality client service.

To qualify for the role you must have:

  • 10+ years of experience in the Insurance sector, in a capacity of Auditor/Consultant and/or working within industry, preferably in the Finance function.
  • A proven track record of business development and client engagement for a large, complex Management Consultancy or similar.
  • Significant exposure to Finance functions at financial corporate institutions – e.g. what they produce, policy, procedures and controls.
  • A strong accounting background.
  • An ability to network effectively within large organisations and build relationships internally and with clients.
  • Experience of working with US GAAP and US SOX reporting and implementation.
  • Excellent communication skills and good technology skills across basic Office applications and products.

Ideally, you’ll also have:

  • Accounting qualifications: ACA/CA/ACCA/CPA or equivalent.
  • Exposure to insurance regulations and how they impact clients.
  • An interest in developing technologies and how they can impact our clients (e.g., AI, Cloud computing).

What we look for: We are looking for candidates who are excited about advising Insurance clients and whom have the right experience. You will be part of high performing teams and have the interest in helping generate new business opportunities.

What working at EY offers: EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance. We offer a competitive remuneration package. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.

Plus, we offer:

  • Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
  • Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
  • Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
  • Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

Please note: Prior to finalizing your application, you will be asked to provide personal information across several dimensions of diversity and inclusiveness. The information you provide is kept entirely confidential and will not be used to evaluate your candidacy. We collect this data to help us analyse our recruitment process holistically and implement actions that promote diversity and inclusiveness. While optional, we encourage you to provide this information to hold us accountable towards our goal of building a better working world. We ask because it matters!

Assurance - FAAS - Insurance - Market Facing Director - London employer: Ernst & Young Advisory Services Sdn Bhd

At EY, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters inclusivity and personal growth. As a Market Facing Director in our Financial Accounting Advisory Services team, you'll have the opportunity to lead impactful projects within the insurance sector while benefiting from our commitment to flexible working arrangements and continuous learning. Join us in London, where you can shape your career in a supportive environment that values your contributions and empowers you to make a meaningful impact.

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Contact Details:

Ernst & Young Advisory Services Sdn Bhd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assurance - FAAS - Insurance - Market Facing Director - London

Tip Number 1

Network like a pro! Get out there and connect with people in the insurance sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. The more connections you make, the better your chances of landing that Market Facing Director role.

Tip Number 2

Showcase your expertise! When you get the chance to chat with potential employers, highlight your experience with US GAAP and SOX implementation. Share specific examples of how you've helped finance functions improve efficiency. This will set you apart from the crowd.

Tip Number 3

Be proactive! Don’t just wait for job openings to pop up. Reach out to companies you admire, like EY, and express your interest in working with them. A well-timed email can open doors you didn’t even know existed.

Tip Number 4

Utilise our website! Apply through StudySmarter’s platform to streamline your application process. We’ve got resources and tips to help you shine during interviews, so take advantage of everything we offer to boost your chances of landing that dream job.

We think you need these skills to ace Assurance - FAAS - Insurance - Market Facing Director - London

US GAAP Reporting
SOX Implementation
Insurance Finance Functions
Financial Accounting Advisory
Stakeholder Management
Team Management
Business Development

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the role of Market Facing Director. Highlight your experience in US GAAP reporting and SOX implementation, as well as any finance transformation projects you've led. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about the insurance sector and how your background makes you the perfect fit for this role. Don't forget to mention specific projects or achievements that demonstrate your expertise.

Showcase Your Network:We value strong relationships, so if you've cultivated a network within the insurance industry or EY, make sure to mention it! This can set you apart from other candidates and show us that you can leverage connections to benefit our clients.

Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets the attention it deserves. Plus, you'll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Ernst & Young Advisory Services Sdn Bhd

Know Your Stuff

Make sure you brush up on US GAAP and SOX implementation, especially as it relates to non-life insurance. Be ready to discuss specific examples from your experience that demonstrate your expertise in these areas.

Showcase Your Network

Highlight your ability to cultivate relationships within large organisations. Prepare to share how you've leveraged your network to deliver value to clients, as this is crucial for a Market Facing Director role.

Demonstrate Leadership Skills

Be prepared to talk about your experience managing teams and delivering client engagements. Share specific instances where you led a project or initiative, focusing on the outcomes and how you ensured quality and stakeholder satisfaction.

Stay Current with Trends

Familiarise yourself with emerging technologies like AI and cloud computing, and be ready to discuss how these can impact finance functions in the insurance sector. Showing that you're forward-thinking will set you apart from other candidates.