At a Glance
- Tasks: Lead financial reporting for MS Amlin Service Companies and manage stakeholder relationships.
- Company: Join MS Amlin, a top global (re)insurance group with over 100 years of experience.
- Benefits: Enjoy competitive salary, flexible work options, generous leave, and continuous learning support.
- Why this job: Be part of a dynamic team driving financial excellence in a global insurance leader.
- Qualifications: Qualified Accountant with team management experience and strong analytical skills required.
- Other info: Hybrid working model with opportunities for international collaboration.
The predicted salary is between 48000 - 84000 £ per year.
Location: London
Contract Type: Permanent
Work Pattern: Full Time and Hybrid (3 days a week in the London office)
About The Job
As the lead member of the Service Company team you will be responsible for overseeing the accurate, timely production of financial reporting for the MS Amlin Service Companies. This includes both Internal Reporting to the MS&AD Group and Service Company Management, Statutory filings to Companies House and Returns to Regulators. With growth ambitions in our international branches across the Asia Pac region and Dubai the role will play a key part in partnering with the Asia Pac CEO, Dubai Lead Underwriter and local finance teams. Additionally this role will help lead the design of the operating model for the Service Companies, ensuring the effective and efficient financial control over the service company entities, working with the local finance teams to oversee and guide excellence in financial control.
What You'll Spend Your Time Doing
- Singapore and Dubai Finance liaison lead, providing counsel and financial oversight on all syndicate financial statements
- Stakeholder management with customers and suppliers related to the syndicate financial reporting process.
- Overall responsibility for the monthly, quarterly and annual reporting cycles for the Service Companies
- Preparation of the underlying books and records, including posting transactions, reviewing and assisting with balance sheet reconciliations, managing intercompany processes and cash transaction processes
- Performing key controls in line with MS Amlin control standards and JSox requirements
- Understanding and explaining results to Group and Service Company stakeholders
- Supporting the Finance Operations Team in resolving legacy issues, proactively liaising with stakeholders to identify, investigate and resolve data integrity and reporting issues and reduce reconciliation backlogs
- Providing guidance and assistance to fellow MS AUL colleagues
- Supervising and supporting the Service Company team
- Statutory Accounts to sign off by external auditors and stakeholders
- Preparation and review of Internal MI and Regulatory Reporting (DFSA)
- Responsible for Monthly, Quarterly and Annual Group Reporting (FCCS Pathway, FCCS 2)
- Management papers and additional information for MENA, AUS and AHL Board members
- MENA Annual budget
- Production of financial information ensuring that data produced remains relevant is subject to proper analysis, explanation and control and always reflects the activities of the organisation
- Projects and ad-hoc requests, production of answers and resolutions to requests from key finance stakeholders.
- Continuous review of all financial and operational outputs, ensuring that adequate controls and processes are employed, assumptions and reviews are documented and procedures are up-to-date and relevant
This role is based within the Finance Team in London reporting to the Financial Controller.
You're going to enjoy this job if you also:
- Have excellent communication and collaboration skills
- Demonstrate a high degree of attention to detail and accuracy
- Are a strong problem solver with critical thinking ability
- Are highly adaptable, proactive, and thrive in dynamic environments to meet evolving business needs effectively and promptly
What you'll need:
- Qualified Accountant
- Experience of managing a team
- Experience of Oracle
- Experience of Subscribe 2000
- Strong MS Office skills especially Excel
- A team player
- Strong communication skills
- Strong analytical skills
- Attention to detail
- Initiative / proactive
- Willingness to challenge and assimilate information
- Proven experience with Premium Trust Fund rules
What Can You Expect From Us?
- Competitive Base Salary
- Performance Related Discretionary Bonus
- Holiday: 28 days core annual leave, and you can buy up to 5 days
- Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
- Private Medical: cover for yourself. Family members/dependants can be added.
- Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
- Life Assurance: 5 x annualised base salary
- Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
- Continuous Learning Approach: Including study support with professional qualifications.
- Carers Leave: 5 days full pay.
- Employer Supported Volunteering: 3 days volunteering leave - full pay.
- Annual health screening
- Give as you earn
- Cycle to work
- Season ticket loan
- Green car scheme
- Retail discount platform
About MS Amlin
MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd's, Continental European, US and Bermudian global (re)insurance markets. This role is in our Lloyd's business. Our Lloyd's business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London's (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd's Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.
Service Company Finance Manager employer: MS Amlin Ltd
Contact Detail:
MS Amlin Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Service Company Finance Manager
✨Tip Number 1
Network with professionals in the finance and insurance sectors, especially those who have experience with MS Amlin or similar companies. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with the financial reporting standards and regulations relevant to the role, such as JSox requirements and Premium Trust Fund rules. This knowledge will help you demonstrate your expertise during interviews.
✨Tip Number 3
Prepare to discuss your experience with Oracle and Subscribe 2000, as well as your proficiency in Excel. Be ready to provide examples of how you've used these tools to improve financial reporting processes in previous roles.
✨Tip Number 4
Showcase your leadership skills by preparing examples of how you've successfully managed teams in the past. Highlight your ability to foster collaboration and drive results, which is crucial for the Service Company Finance Manager role.
We think you need these skills to ace Service Company Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of a Service Company Finance Manager. Emphasise your qualifications as an accountant, team management experience, and familiarity with Oracle and MS Office, especially Excel.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience in financial reporting, stakeholder management, and your proactive approach to problem-solving. Use specific examples to demonstrate how you meet the job requirements.
Highlight Key Achievements: In both your CV and cover letter, include quantifiable achievements from your previous roles. For instance, discuss how you improved financial reporting processes or led a successful team project. This will help you stand out as a candidate.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a finance role.
How to prepare for a job interview at MS Amlin Ltd
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and reporting standards relevant to the role, especially those related to statutory filings and regulatory returns.
✨Showcase Your Leadership Skills
This position involves managing a team, so be prepared to discuss your leadership style and experiences. Share examples of how you've successfully led teams in the past, particularly in high-pressure situations.
✨Understand the Business Landscape
Familiarise yourself with MS Amlin's operations, especially in the Asia Pac region and Dubai. Being able to discuss their market presence and challenges will show your genuine interest in the company and its growth ambitions.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and critical thinking. Prepare scenarios where you've had to resolve financial discrepancies or improve reporting processes, highlighting your analytical skills and attention to detail.