At a Glance
- Tasks: Lead finance transformation projects for insurance clients and drive efficiency improvements.
- Company: Join EY, a global leader in financial services with a focus on innovation.
- Benefits: Competitive salary, flexible working, career development, and a diverse culture.
- Other info: Be part of high-performing teams and explore emerging technologies like AI.
- Why this job: Make a real impact in the insurance sector while advancing your career.
- Qualifications: 10+ years in insurance finance, strong US GAAP knowledge, and client engagement 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, Controls, Cognition, and Cost. We work closely with colleagues in other service lines, countries and industry sectors to deliver 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. The ideal candidate has strong US GAAP reporting and SOX implementation experience with a focus on non‑life insurance. Experience in finance transformation and accounting and regulatory change will also be valuable.
Your key responsibilities:
- Advise Finance functions on “good looks like” across the operating model: process & controls, policy completeness and application, data flow and systems architecture, organisational structure and personnel skill sets.
- Drive Finance transformation across process, cost, and control improvements.
- Leverage new technology to implement the Finance of the Future.
- Advise on implementation of new accounting and regulatory requirements resulting from changes in legislation or business combinations.
- Designing and executing marketing activities covering solution development and account coverage.
- Delivering client engagements with robust quality and stakeholder management.
- Managing risk for all activities.
- Managing team operations and account management.
- Providing people and pastoral care.
- Developing the delivery model.
- Strategic high‑level team leadership and innovation.
Skills and attributes for success:
- Deep knowledge of Insurance Finance Functions across operating model dimensions.
- Experience with US GAAP and IFRS reporting for insurers.
- SOX and ICFR implementation experience.
- Ability to advise clients on accounting and regulatory issues and lead implementation projects.
- Ability to cultivate and leverage a large network within EY.
- Strong team management and results‑driven self‑starter.
- Relationship cultivation and stakeholder management.
- Drive to learn and develop across a range of topics.
- Ability to manage and lead project teams and collaborate with Advisory and Assurance teams.
To qualify for the role you must have:
- 10+ years of experience in the Insurance sector, in auditor/consultant or industry finance roles.
- Proven business development and client engagement track record in a large, complex management consultancy.
- Significant exposure to finance functions at financial institutions.
- Strong accounting background.
- Ability to network within large organisations and build client relationships.
- Experience with US GAAP and US SOX reporting and implementation.
- Excellent communication skills and basic Office application proficiency.
Ideally, you’ll also have:
- Accounting qualification: ACA/CA/ACCA/CPA or equivalent.
- Exposure to insurance regulations and their impact.
- Interest in emerging technologies such as AI and cloud computing.
What we look for: We seek candidates excited about advising Insurance clients and who bring the right experience. You will be part of high‑performing teams and help generate new business opportunities.
Benefits: Our remuneration package is competitive and includes a comprehensive total rewards package, flexible working arrangements, career development support, and a range of benefits such as holidays, health and well‑being, insurance, savings, discounts, offers, and promotions. We also provide continuous learning, success as defined by you, transformative leadership coaching, and a diverse and inclusive culture.
EEO Statement: 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.
Assurance - FAAS - Insurance - Market Facing Director - London employer: EY
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 work culture that prioritises collaboration, innovation, and professional growth, offering competitive remuneration, flexible working arrangements, and extensive career development opportunities. Join us to be part of a diverse team dedicated to transforming the finance landscape for our clients while enjoying a supportive environment that values your contributions and encourages continuous learning.
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 dream role.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with potential employers or during interviews, highlight your experience with US GAAP and SOX implementation. Share specific examples of how you've driven finance transformation in past roles to really impress them.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you’re interested in, like EY, and express your enthusiasm for their work in financial accounting advisory services. A little initiative can go a long way!
✨Tip Number 4
Keep learning! Stay updated on emerging technologies like AI and cloud computing that are shaping the finance landscape. This not only boosts your knowledge but also shows potential employers that you’re committed to staying ahead in the industry.
We think you need these skills to ace Assurance - FAAS - Insurance - Market Facing Director - London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role. Highlight your experience with US GAAP, SOX implementation, and finance transformation in the insurance sector. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this opportunity and how your skills can help us drive finance transformation for our clients. Keep it engaging and relevant!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you’ve improved efficiency or led successful projects in finance. We love seeing results-driven candidates!
Apply Through Our Website:We encourage you to apply through our website for a smoother application 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 EY
✨Know Your Stuff
Make sure you brush up on your US GAAP and SOX implementation knowledge. Be ready to discuss how these regulations impact the insurance sector, as well as any recent changes in legislation that could affect your clients.
✨Showcase Your Experience
Prepare specific examples from your 10+ years in the insurance sector that highlight your business development and client engagement successes. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Demonstrate Leadership Skills
As a Market Facing Director, you'll need to show your ability to lead teams and manage projects. Think of instances where you've successfully driven finance transformation or improved processes, and be ready to share those stories.
✨Network Like a Pro
Highlight your ability to cultivate relationships within large organisations. Prepare to discuss how you've leveraged your network to create new business opportunities or enhance client engagements in previous roles.