UK Controller - Risk Insurance Services (RIS) in London

UK Controller - Risk Insurance Services (RIS) in London

London Full-Time 60000 - 75000 € / year (est.) Home office (partial)
Marsh McLennan

At a Glance

  • Tasks: Lead financial operations and ensure compliance in a dynamic insurance environment.
  • Company: Join Marsh, a global leader in risk and insurance services.
  • Benefits: Enjoy professional development, flexible hybrid work, and a vibrant inclusive culture.
  • Other info: Opportunities for career growth and a commitment to diversity and inclusion.
  • Why this job: Make an impact while working with talented colleagues on exciting projects.
  • Qualifications: Qualified Accountant with significant finance controllership experience in the insurance sector.

The predicted salary is between 60000 - 75000 € per year.

We are seeking a talented individual to join our Controllership team at Marsh. This role will be based in London and is a hybrid role that requires working at least three days a week in the office.

The UK Controller – Risk Insurance Services (RIS) is responsible for a wide range of controllership activities for the RIS UK, including the co-ordination and management of the month-end close, project-related activities, integration of acquisitions, and support of financial analysis to aid decision making. They ensure a strong control environment with the implementation, design, and ongoing monitoring of all controls.

You will be supported by a small team of 4 direct reports and will be responsible for the preparation and management of all controller operations within RIS UK. This is a leadership role that provides oversight of US and Local GAAP reporting, coupled with local statutory and regulatory reporting for the business area, covering all relevant Operating Companies and Holding Company structures. The role is responsible for ensuring that the company’s internal controls and financial compliance responsibilities are met.

We will count on you to:

  • Ensure that financial results for local legal entities are accurate.
  • Oversee and be responsible for the preparation of all monthly, quarterly, and annual financial reporting activities in accordance with US GAAP.
  • Provide insightful analysis to support accounting judgments and business decisions.
  • Support the implementation of new accounting standards in line with Group plans.
  • Manage the application of accounting policies and preparation of papers to support financial accounting decisions.
  • Provide guidance on the basis of preparation for local Statutory Accounts.
  • Manage key stakeholders who rely on the finance processes and reported numbers.
  • Ensure that key stakeholders such as FP&A are aware of any changes to processes or accounting policy and communicate the impact of any change or finding.
  • Manage the external auditor relationship, including liaison in relation to audit timetable, deliverables to Audit Committee, fees, and accounting issues; sign quarterly management representation letter; attend Risk and Audit Committees as required.
  • Ensure that all Sarbanes-Oxley (SOX) control issues are reported and remediated on a timely basis and that the business operates in a SOX compliant manner.
  • Ensure the integrity of financial controls across RIS functions and ensure sound controls operate around the financial result.
  • Ensure that authority matrices for transactions are appropriate, understood, and followed.
  • Ensure that the Balance Sheet is reviewed and fairly stated on at least a quarter-end basis and that those provision judgments also have the approval of local management.
  • Provide strong proactive management for the team including development and mentoring.
  • Support wider team initiatives.
  • Provide assistance to Regional Management/Boards on local projects and regulatory and statutory/tax responsibilities.
  • Provide assistance with project-based work, including system implementations, business projects, entity projects, control projects, and execution of global/regional strategies.
  • Assist Country and Regional Management on due diligence reviews in respect of potential acquisitions and with understanding the accounting consequences of major projects.

What you need to have:

  • Qualified Accountant preferably ACA; ACCA or ACMA or similar.
  • Bachelor’s degree in finance, accounting, economics or similar discipline required.
  • Significant experience in finance controllership with a substantial number of years of management responsibilities, from within the insurance sector, ideally broking or underwriting.
  • Ability to provide and oversee financial information for the region functions and infrastructure including firm-wide initiatives.
  • Ability to lead and drive change within a transforming and matrixed organization and to streamline and standardize financial activities and procedures to improve efficiency.
  • Understanding of Oracle Financials: GL and Hyperion Essbase.

What makes you stand out?

  • Knowledge of the Fiduciary environment is a plus.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work, and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh is committed to embracing a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin colour, or any other characteristic protected by applicable law. We are an equal opportunities employer.

We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh.com.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

UK Controller - Risk Insurance Services (RIS) in London employer: Marsh McLennan

Marsh is an exceptional employer that prioritises professional development and fosters a vibrant, inclusive culture in the heart of London. With a commitment to hybrid working, employees enjoy the flexibility of remote work while benefiting from collaborative office interactions, ensuring a balanced work-life dynamic. The company offers a wealth of career opportunities and rewards, empowering individuals to thrive and make a meaningful impact within a global leader in risk management.

Marsh McLennan

Contact Detail:

Marsh McLennan Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land UK Controller - Risk Insurance Services (RIS) in London

Tip Number 1

Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by researching Marsh and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.

Tip Number 3

Practice your financial analysis skills! Be ready to discuss how you've used data to drive decisions in past roles. Use real examples to demonstrate your expertise in managing financial reporting and compliance.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at Marsh. Good luck!

We think you need these skills to ace UK Controller - Risk Insurance Services (RIS) in London

Financial Reporting
US GAAP
Local Statutory Reporting
Financial Analysis
Accounting Standards Implementation
Stakeholder Management
External Audit Liaison

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the role of UK Controller – Risk Insurance Services. Highlight your experience in finance controllership and any relevant qualifications like ACA, ACCA, or ACMA. We want to see how your background aligns with what we're looking for!

Showcase Your Leadership Skills:Since this is a leadership role, don’t forget to showcase your management experience. Talk about how you've developed and mentored teams in the past. We love seeing candidates who can lead and inspire others!

Be Clear and Concise:When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to financial reporting and analysis.

Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to track your application and ensure it reaches the right people. Don’t miss out on this opportunity!

How to prepare for a job interview at Marsh McLennan

Know Your Numbers

As a UK Controller, you'll be dealing with financial results and reporting. Brush up on your knowledge of US GAAP and local statutory requirements. Be ready to discuss how you've ensured accuracy in financial reporting in your previous roles.

Showcase Leadership Skills

This role involves managing a small team, so highlight your leadership experience. Prepare examples of how you've developed and mentored team members, and how you've driven change in a previous organisation.

Understand the Business

Familiarise yourself with Marsh's operations and the insurance sector. Be prepared to discuss how your background aligns with their needs, especially in terms of controllership activities and financial compliance.

Prepare for Stakeholder Management

You'll need to manage key stakeholders and external auditors. Think of examples where you've successfully communicated changes or findings to stakeholders, and how you maintained strong relationships with auditors during financial reviews.