UK Controller - Risk Insurance Services (RIS) in London

UK Controller - Risk Insurance Services (RIS) in London

London Full-Time 70000 - 90000 £ / year (est.) No working from home possible
Marsh

At a Glance

  • Tasks: Lead financial controllership activities and ensure compliance in a dynamic insurance environment.
  • Company: Join Marsh, a leading global insurance broker with a vibrant culture.
  • Benefits: Enjoy professional development, flexible hybrid working, and a supportive team.
  • Other info: Embrace a culture of inclusivity and career growth opportunities.
  • Why this job: Make an impact in finance while collaborating with talented colleagues.
  • Qualifications: Qualified accountant with significant finance controllership experience, preferably in insurance.

The predicted salary is between 70000 - 90000 £ 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 coordination and management of the month-end close, all project-related activities, integration of acquisitions, and support of financial analysis to aid decision-making. The role ensures a strong control environment through the implementation, design and ongoing monitoring of controls. You will be supported by a small team of four direct reports and will be responsible for the preparation and management of all controller operations within RIS UK.

This leadership role 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 ensures 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 and oversee 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; manage the application of accounting policies and prepare papers to support financial accounting decisions; provide guidance on the preparation of local statutory accounts.
  • Manage key stakeholders who rely on the finance processes and reported numbers; ensure that 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 regarding audit timetable, deliverables to the 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 that authority matrices for transactions are appropriate, understood and followed.
  • Ensure that the balance sheet is reviewed and fairly stated at least on a quarter-end basis, including judgment-required accounts (e.g., PPO, CTF, VAT provisions, employee liabilities) and that those judgment judgements are approved by local management.
  • Provide strong proactive management for the team, including development and mentoring; support wider team initiatives.
  • Assist regional management and boards on local projects and regulatory, statutory and tax responsibilities; provide assistance with project-based work such as system implementations, business projects, entity projects, control projects, and execution of global and regional strategies.
  • Assist country and regional management on due diligence reviews for potential acquisitions and understand the accounting consequences of major projects.

What you need to have:

  • Qualified accountant (preferably ACA, ACCA, ACMA or similar).
  • Bachelor’s degree in finance, accounting, economics or a similar discipline.
  • Significant experience in finance controllership with substantial management responsibilities, preferably within the insurance sector (broking or underwriting).
  • Ability to provide and oversee financial information for the regional 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.

Why join our team:

  • Professional development opportunities, interesting work and supportive leaders.
  • Vibrant and inclusive culture with talented colleagues to create new solutions and make an impact.
  • Career opportunities and benefits that enhance well-being.

We commit to a hybrid working model, which includes the flexibility of working remotely and collaboration benefits of working together in the office. All 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 for the full team to be together in person.

Marsh is 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.

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

Marsh is an exceptional employer that fosters a vibrant and inclusive culture, offering professional development opportunities and interesting work within the dynamic field of risk insurance services. Located in London, this hybrid role allows for flexibility while ensuring collaboration with talented colleagues, all committed to making a meaningful impact. With a focus on employee well-being and career growth, Marsh provides a supportive environment where you can thrive and lead in your field.

Marsh

Contact Details:

Marsh Recruitment 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 or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching Marsh and its culture. Understand their values and how they align with your own. Be ready to discuss how your experience in finance controllership can contribute to their goals, especially in managing financial compliance and controls.

Tip Number 3

Practice your responses to common interview questions, especially those related to financial analysis and stakeholder management. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your achievements effectively.

Tip Number 4

Don’t forget to follow up after your interview! A simple thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

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
Internal Controls
Sarbanes-Oxley (SOX) Compliance
Stakeholder Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the UK Controller role. Highlight your experience in finance controllership and any relevant qualifications like ACA or ACCA. We want to see how your skills match 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 the perfect fit for our team at Marsh. Share specific examples of your past achievements and how they relate to the responsibilities of the role.

Showcase Your Leadership Skills:Since this is a leadership role, don’t forget to highlight your management experience. Talk about how you've developed and mentored teams in the past, and how you can bring that to our Controllership team.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!

How to prepare for a job interview at Marsh

Know Your Numbers

As a UK Controller, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and reporting standards, especially US GAAP. 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. They’ll want to see you can lead effectively.

Understand the Business Environment

Familiarise yourself with the insurance sector, particularly the fiduciary environment. Be prepared to discuss how external factors impact financial decisions and controls. Showing that you understand the industry will set you apart from other candidates.

Prepare for Stakeholder Management

You'll be liaising with various stakeholders, so think about your communication strategies. Prepare examples of how you've managed relationships with auditors or other departments. Being able to articulate the impact of financial changes is crucial.