At a Glance
- Tasks: Lead financial processes and oversee a team in a dynamic insurance environment.
- Company: Join a reputable US Property & Casualty insurer based in London.
- Benefits: Enjoy opportunities for career progression and a supportive work culture.
- Why this job: Be part of a team that drives financial excellence and impacts the insurance industry.
- Qualifications: Strong insurance accounting knowledge and team management experience required.
- Other info: Qualified accountants preferred, but experience is also valued.
The predicted salary is between 54000 - 84000 £ per year.
A US Property & Casualty insurer with a strong reputation is looking for an experienced Finance Manager to join their London based team. This is a leadership role within a dynamic finance function that will offer succession planning to current senior management.
This role will oversee the financial close process for the London Market business whilst overseeing two direct reports. You will be responsible for maintaining a strong general ledger and control framework. Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and present on trends.
Leverage business perspectives to develop robust financial analyses with a focus on key performance metrics (i.e. production, profitability, expense management, staffing). Accountable for the overall development and creation of financial/business plan, budget, and forecasts.
Engage with business partners and functional partners in order to develop strong analyses and financial plans. Conduct an insightful and complete review and approve internal management based financial reporting for complete and consistent results within corporate policies and standards. Conduct an insightful and complete review for external financial statements.
Develop, perform, and certify financial controls in accordance with SOx requirements. Review complex documentation to support internal and external audits with heavy interaction with internal and external auditors. Monitor and maintain compliance with various financial external regulatory requirements and internal accounting policies.
Lead projects that analyze and implement complex business and financial regulatory changes relating to financial reporting, such as reorganisations, mergers and acquisitions, etc.
They are looking for a candidate with strong technical insurance accounting knowledge (essential for the role), and experience in managing a team, as well as a good grasp of general ledger and financial controls. A background in audit with strong technical expertise would also be suitable (insurance still required). A qualified accountant (ACA, ACCA, CIMA) is preferred, but we will also consider candidates who are qualified by experience.
Senior Finance Manager Insurance employer: High Finance (UK) Limited T/A HFG
Contact Detail:
High Finance (UK) Limited T/A HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Manager Insurance
✨Tip Number 1
Make sure to brush up on your technical insurance accounting knowledge. Familiarise yourself with the latest regulations and standards in the insurance sector, as this will be crucial for discussions during interviews.
✨Tip Number 2
Network with professionals in the insurance finance sector. Attend industry events or webinars to connect with potential colleagues or leaders who can provide insights into the company culture and expectations.
✨Tip Number 3
Prepare to discuss your experience in managing teams and leading financial projects. Think of specific examples where you successfully implemented financial controls or improved processes, as these will demonstrate your leadership capabilities.
✨Tip Number 4
Familiarise yourself with SOx compliance requirements and be ready to discuss how you've ensured compliance in previous roles. This knowledge will show that you understand the importance of regulatory frameworks in financial reporting.
We think you need these skills to ace Senior Finance Manager Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in finance management, particularly within the insurance sector. Emphasise your technical accounting knowledge and any leadership roles you've held.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the job requirements. Discuss your experience with financial close processes, team management, and compliance with regulatory standards.
Showcase Relevant Achievements: Include specific examples of your past achievements in financial analysis, budgeting, and reporting. Quantify your successes where possible to demonstrate your impact in previous roles.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any errors. A polished application reflects your attention to detail, which is crucial for a finance role.
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Showcase Your Technical Knowledge
Make sure to highlight your strong technical insurance accounting knowledge during the interview. Be prepared to discuss specific examples of how you've applied this expertise in previous roles, especially in relation to financial reporting and compliance.
✨Demonstrate Leadership Skills
As this role involves managing a team, it's crucial to showcase your leadership experience. Share examples of how you've successfully led teams, managed performance, and developed talent within your finance function.
✨Prepare for Financial Analysis Questions
Expect questions that assess your ability to analyse complex financial data. Brush up on key performance metrics and be ready to discuss how you've used financial analyses to drive business decisions in the past.
✨Understand Regulatory Requirements
Familiarise yourself with SOx requirements and other regulatory standards relevant to the role. Be prepared to discuss your experience in maintaining compliance and how you've handled audits in previous positions.