At a Glance
- Tasks: Lead a finance team, manage financial reporting, and ensure compliance in the insurance sector.
- Company: Join a growing insurance group focused on innovation and excellence.
- Benefits: Potential for permanent position, mentorship opportunities, and a diverse work environment.
- Why this job: Make an impact in a dynamic industry while developing your leadership skills.
- Qualifications: Qualified accountant with experience in finance and insurance required.
- Other info: Inclusive recruitment process committed to diversity.
The predicted salary is between 48000 - 72000 £ per year.
An opportunity has arisen with an expanding insurance group for a qualified accountant to join and mentor a small team as a Finance Manager for an initial period of six months.
Core responsibilities will include:
- Financial Reporting & Control: Prepare accurate and timely monthly, quarterly, and annual management and statutory accounts for multiple entities. Maintain robust financial reporting and controls framework, ensuring compliance with accounting standards (IFRS, US GAAP a plus).
- Insurance Finance: Oversee insurance funds, ensuring compliance with regulations and alignment with group and carrier requirements. Monitor insurance balances and address issues promptly.
- Treasury & Bank Management: Manage bank payments and execute FX trades.
- Tax Planning & Compliance: Oversee all tax, regulatory, and financial compliance matters, ensuring accurate and timely tax returns.
- Team Leadership: Lead and mentor a small finance team.
As a qualified accountant with a proven track record in the insurance market, you combine a strong academic foundation with hands-on accounting expertise and a talent for leading teams. You are looking for a role offering the opportunity to collaborate with senior management and business leaders, contributing to their organisational growth and success. For the right person, there is strong potential to go permanent.
Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.
Contact Detail:
Insight Recruitment Solutions Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager - Insurance
✨Tip Number 1
Familiarise yourself with the specific financial regulations and compliance standards relevant to the insurance industry. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insurance finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss your leadership style and experiences in mentoring teams. Highlight specific examples where you've successfully led a team through challenges, as this is a key aspect of the Finance Manager role.
✨Tip Number 4
Stay updated on current trends and changes in the insurance market, especially those affecting financial management. Being knowledgeable about these trends will show your potential employer that you are proactive and engaged in the field.
We think you need these skills to ace Finance Manager - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as a finance manager, particularly in the insurance sector. Emphasise your experience with financial reporting, compliance, and team leadership to align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention specific experiences that demonstrate your ability to manage financial reporting and lead a team effectively.
Highlight Relevant Skills: In your application, focus on key skills such as financial control, tax planning, and treasury management. Use examples from your past roles to illustrate how you have successfully applied these skills.
Showcase Leadership Experience: Since the role involves mentoring a small team, be sure to include any relevant leadership experience. Discuss how you've led teams in the past and the impact of your leadership on their performance.
How to prepare for a job interview at Insight Recruitment Solutions Limited
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with financial reporting and controls. Highlight specific examples where you've ensured compliance with accounting standards like IFRS or US GAAP, as this will demonstrate your expertise in the field.
✨Demonstrate Leadership Skills
Since the role involves mentoring a small finance team, be ready to share your leadership experiences. Discuss how you've successfully led teams in the past, focusing on your approach to team development and collaboration.
✨Understand Insurance Finance
Familiarise yourself with the specifics of insurance finance, including compliance with regulations and managing insurance funds. Being able to speak knowledgeably about these topics will show that you are well-prepared for the role.
✨Prepare Questions for the Interviewers
Think of insightful questions to ask about the company's financial strategies and team dynamics. This not only shows your interest in the position but also helps you assess if the company aligns with your career goals.