At a Glance
- Tasks: Lead finance operations and ensure compliance in a fast-growing insurance broker.
- Company: Rapidly scaling independent insurance broker with a focus on innovation.
- Benefits: Competitive salary, leadership role, and opportunities for professional growth.
- Other info: Join a forward-thinking company with a strong commitment to excellence.
- Why this job: Make a significant impact in a dynamic environment while leading a talented team.
- Qualifications: Proven leadership in financial operations within the insurance sector.
The predicted salary is between 80000 - 100000 £ per year.
We are partnering with a rapidly scaling, highly successful independent insurance broker and risk management group. As their expansion accelerates, they are seeking a high-caliber financial leader to take full ownership of the end-to-end control, performance, and regulatory compliance of their Group Finance Operations.
The Role
As the Group Head of Finance Operations, you will provide senior operational leadership and hold ultimate accountability for the CASS 5 control framework within an FCA-regulated environment.
Key Responsibilities
- Direct and develop three functional teams (Banking, Finance Operations, and Broking Ledger) with a total headcount of up to 15 professionals.
- CASS 5 & Client Money Oversight: Act as the certified operational owner for client money. Sign off on calculations, bank reconciliations, and segregation processes while managing CASS audits, regulatory submissions, and breach registers.
- Lead pre- and post-acquisition financial assessments to seamlessly onboard newly acquired businesses into the Group's CASS 5 framework.
- Govern banking operations (400-500 transaction movements monthly) and own the integrity of the broking ledger across 340-400 active insurer accounts.
- Design and execute a robust collection strategy that balances cash flow with excellent client outcomes.
- Oversee premium finance lender relationships and customer refunds.
- Drive automation and standardization across cash platforms-specifically leveraging Acturis and AutoRek.
- Deliver high-quality, Board-level insights on financial performance and control effectiveness.
Candidate Profile
- Proven leadership experience within transactional accounting or financial operations specifically inside the insurance broking sector.
- CASS 5 Mastery: Deep technical knowledge of FCA client money rules, insurer settlements, premiums, and claims.
- Advanced proficiency with core insurance platforms and reconciliation tools (e.g., Acturis, AutoRek, Open GI, Power BI).
- Strong track record operating within an FCA-regulated environment, ideally having supported or held a certified/audited position.
Group Head of Finance Operations employer: HFG Insurance Recruitment
As a rapidly scaling independent insurance broker and risk management group, we pride ourselves on fostering a dynamic work environment that champions professional growth and innovation. Our commitment to employee development is matched by our supportive culture, where collaboration and excellence are at the forefront, making us an exceptional employer for those seeking to make a meaningful impact in the finance operations sector. Located in a vibrant area, we offer unique opportunities to engage with industry leaders while enjoying a balanced work-life experience.
StudySmarter Expert Advice🤫
We think this is how you could land Group Head of Finance Operations
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their values, recent news, and challenges they face in the insurance market. This will help you tailor your answers and show them you’re genuinely interested.
✨Tip Number 3
Showcase your expertise! Bring examples of your past achievements in financial operations, especially related to CASS 5 compliance. Use metrics to demonstrate your impact – numbers speak louder than words!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace Group Head of Finance Operations
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Group Head of Finance Operations role. Highlight your leadership experience in financial operations, especially within the insurance broking sector. We want to see how your skills align with the key responsibilities mentioned in the job description.
Showcase CASS 5 Expertise:Since CASS 5 mastery is crucial for this role, don’t shy away from showcasing your deep technical knowledge of FCA client money rules. Include specific examples of how you've managed client money oversight and compliance in your previous roles. This will help us see your fit for the position.
Highlight Automation Experience:We’re keen on candidates who can drive automation and standardisation across cash platforms. If you’ve worked with tools like Acturis or AutoRek, make sure to mention your experience and any successful projects you’ve led. This will demonstrate your ability to enhance operational efficiency.
Apply Through Our Website:Finally, don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We’re excited to see what you bring to the table!
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your CASS 5 Inside Out
Make sure you brush up on your knowledge of the CASS 5 control framework. Be prepared to discuss how you've managed client money oversight in previous roles, and think of specific examples where you've successfully navigated FCA regulations.
✨Showcase Your Leadership Skills
As a Group Head of Finance Operations, you'll be leading teams. Prepare to share your leadership style and experiences. Think about how you've developed teams in the past and be ready to discuss your approach to managing diverse functional teams.
✨Demonstrate Financial Acumen
Be ready to dive deep into financial performance metrics. Familiarise yourself with key financial insights that are relevant to the role, and prepare to discuss how you've delivered high-quality insights to senior management or boards in your previous positions.
✨Emphasise Automation and Standardisation
Since the role involves driving automation across cash platforms, come prepared with examples of how you've implemented technology solutions like Acturis or AutoRek. Discuss the impact these changes had on efficiency and accuracy in financial operations.
