Assurance - FAAS - Insurance - Market Facing Director - London

Assurance - FAAS - Insurance - Market Facing Director - London

Full-Time 80000 - 100000 £ / year (est.) Home office (partial)
EY UK

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 focus on innovation.
  • Benefits: Flexible working, competitive pay, and a comprehensive rewards package tailored to your needs.
  • Other info: Be part of a diverse team that values your unique voice and perspective.
  • Why this job: Make a real impact in the insurance sector while developing your career in a supportive environment.
  • Qualifications: 10+ years in insurance finance, strong US GAAP knowledge, and excellent communication skills.

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

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. Our clients include large listed insurance groups, private and mutual insurers, Lloyd’s of London insurers, syndicates, managing agents and brokers. They are dealing with pressures to adapt their finance functions to changing business requirements, automation and the wider environment, ensuring you can expect to be involved in interesting projects that build your skills and expertise.

Your key responsibilities

  • Specific to advising Finance functions on: 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 also cover:

  • 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.

Assurance - FAAS - Insurance - Market Facing Director - London employer: EY UK

At EY, we pride ourselves on being an exceptional employer, particularly for those in the Assurance - FAAS - Insurance sector. Our London office fosters a dynamic and inclusive work culture that prioritises employee growth through continuous learning and flexible working arrangements, allowing you to balance personal priorities while making a meaningful impact. With a competitive remuneration package and a commitment to transformative leadership, you'll have the opportunity to thrive in a supportive environment that values your unique contributions.

EY UK

Contact Details:

EY UK 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 clients improve their finance functions. This will set you apart from the competition.

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. Sometimes, creating your own opportunity is the best way to land that dream job.

Tip Number 4

Utilise our website! We’ve got loads of resources and tips to help you prepare for interviews and ace those tough questions. Plus, applying through our site can give you an edge, as we love seeing candidates who take the initiative to engage with us directly.

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

US GAAP Reporting
SOX Implementation
Insurance Finance Functions
Finance Transformation
Stakeholder Management
Team Management
Client Engagement

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in US GAAP and SOX implementation, especially in the insurance sector. We want to see how your skills align with what we’re looking for!

Showcase Your Achievements:Don’t just list your responsibilities; share specific examples of how you’ve driven finance transformation or improved efficiency in previous roles. We love seeing quantifiable results that demonstrate your impact!

Be Authentic:Let your personality shine through in your application. We value authenticity and want to get a sense of who you are beyond your professional qualifications. Share your passion for the insurance industry and how you can contribute to our team.

Apply Through Our Website:For the best chance of success, make sure to submit your application through our official website. This way, we can easily track your application and ensure it gets the attention it deserves!

How to prepare for a job interview at EY UK

Know Your Stuff

Make sure you brush up on US GAAP and SOX implementation, especially as they relate to the insurance sector. 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 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 industry. Showing that you're forward-thinking will set you apart.