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Senior Finance Manager - Life Insurance essential

  • Location Sutton
  • Job type Permanent
  • Reference BBBH118384

The role is to act as financial controller for UK business, managing £40bn of pension assets on behalf of UK based schemes and members. The role involves reporting to UK management as well as financial, board and regulatory reporting. The entity forms a large part of the Group balance sheet and is highly visible to senior management, the Board and Audit Committee and the regulated status means that strong effective controls must be maintained. The role also involves working with the workplace investing, treasury, tax, risk and compliance teams to support the governance framework.

Duties include:

  • Supporting the Financial Controller and the CFO and the Board of the UK company with financial and regulatory matters
  • Working with Treasury, the Financial Controller and the Investing transitions team in planning the accounting and liquidity impacts of corporate actions.
  • Preparing monthly financial results for the UK Company
  • Production of statutory report & accounts and regulatory financial returns
  • Maintaining and implementing the Company's capital management policy including the development of capital assessments under the current regime and Solvency II
  • Supporting the Actuary ensuring they have access to all information needed to execute their responsibilities
  • Ensuring completeness and accuracy of the transfer pricing agreements with other group companies
  • Liaison with the Company's auditors to drive improvements in the audit process
  • Overseeing the monthly reconciliation of all balance sheet accounts
  • Oversight of the Company's bank accounts and liquidity requirements
  • Working with the Financial Controller to drive a transformation agenda to achieve best in class end to end financial control

Looking for:

Qualified accountant with relevant post-qualification experience in the life insurance industry
Highly motivated with ambition to make a significant contribution to building the business
Strong financial reporting knowledge and awareness of current accounting issues
Ability to balance attention to detail, to ensure accurate reporting and reconciliation, and also to see the bigger picture with regard to financial transactions
Strong communication and leadership skills with the ability to interact effectively at all levels
Solvency II understanding