At a Glance
- Tasks: Lead finance advisory activities and enhance financial governance in a dynamic insurance environment.
- Company: Specialty insurance and reinsurance business within the Lloyd's market.
- Benefits: Competitive salary, professional development, and opportunities to work on strategic initiatives.
- Other info: Collaborative culture with opportunities for career advancement.
- Why this job: Make a real impact on financial governance and support key business strategies.
- Qualifications: Fully qualified accountant with significant experience in the Lloyd's insurance market.
The predicted salary is between 60000 - 80000 £ per year.
An experienced Interim Finance Advisory Lead is required to support the Finance function of a specialty insurance and reinsurance business operating within the Lloyd's market. The role focuses on strengthening financial governance, controls, reporting, liquidity management, capital oversight, and technical accounting while supporting strategic business initiatives and senior stakeholder reporting.
Key Responsibilities
- Act as deputy to the Head of CFO Advisory, providing cover and support on key finance advisory activities.
- Support critical executive and strategic business initiatives.
- Develop and enhance financial governance, reporting, and control frameworks across the managing agency and syndicates.
- Lead the implementation of new and enhanced financial controls, procedures, and documentation, including upstream data quality controls.
- Review finance risks and controls, working closely with Risk and other stakeholders to ensure effective mitigation.
- Support the development of liquidity forecasting processes and cash management controls.
- Assist with asset and liability matching analysis and related governance frameworks.
- Analyse foreign exchange exposures and develop mitigation strategies.
- Monitor capital requirements, available capital positions, and funding needs.
- Strengthen controls over operating expenditure and trust fund payments.
- Perform balance sheet analysis and account substantiation.
- Review and document accounting policies, technical accounting treatments, and key accounting judgments.
- Liaise with external auditors and support audit activities where required.
- Prepare reporting and presentations for senior management, boards, and committees.
- Assess and manage the finance operating impact of new business initiatives and structures.
- Conduct financial reviews of delegated authority partners and coverholders in collaboration with underwriting teams.
- Support ongoing risk management activities within the Finance function.
Must Haves
- Fully qualified accountant (ACA, ACCA, CIMA or equivalent).
- Significant experience within the Lloyd's of London insurance market.
- Strong technical insurance accounting knowledge, including syndicate accounting.
- In-depth understanding of Lloyd's regulatory reporting requirements and applications.
- Knowledge of finance systems such as Infor Q&A, Sun Systems, and Phinsys is advantageous.
- Experience with Solvency II Pillar 3 reporting is desirable.
Interim Finance Lead employer: Weareedenbrook
Join a leading specialty insurance and reinsurance business within the prestigious Lloyd's market, where you will play a pivotal role in enhancing financial governance and controls. Our collaborative work culture fosters professional growth and innovation, offering you the opportunity to lead strategic initiatives while working alongside seasoned professionals. With a commitment to employee development and a focus on meaningful contributions, we provide a rewarding environment that values your expertise and encourages your career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Interim Finance Lead
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Weareedenbrook. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Interim Finance Lead
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Weareedenbrook.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Weareedenbrook's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Weareedenbrook
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Weareedenbrook.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Weareedenbrook will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Weareedenbrook employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
