The Role
Lead a client finance team for non-Lloyd's insurance clients, owning financial reporting, compliance and controls; manage audits, onboarding, accounting policies, process improvements, stakeholder liaison and team development.
Summary Generated by Built In
PoloWorks is a leading provider of outsourced services to the insurance market. Due to continued growth, we are seeking an experienced Senior Manager, Client Finance Syndicates to join our Client Finance leadership team.
This is a fantastic opportunity for a qualified accountant with strong insurance industry experience to take ownership of financial reporting, compliance and controls across a portfolio of non-Lloyd's insurance clients. Reporting to the Head of Client Finance, you will be responsible for financial reporting, processes and controls across Lloyd’s syndicates. The successful candidate must have strong insurance accounting experience, first class people management skills and an ability to deal with senior stakeholders both internal and external
If you're looking for a position where you can combine technical expertise, people leadership and strategic influence, we'd love to hear from you.
Key Responsibilities
- To lead the team providing financial reporting processes for Lloyd’s syndicates across PoloWorks, providing leadership and technical guidance to all staff working on these clients. Where remediation, or process redesign is required, this role is expected to lead the change, working with internal and external stakeholders to resolve any issues.
- Primary review of the financial results for Lloyd’s syndicates, including oversight of the process to ensure integrity and delivery of all regulatory and statutory financial reporting for the entities under management
- Responsibility for managing financial compliance
- Working with Client Finance Managers, play a leading role in the onboarding of new clients, reviewing/establishing accounting policies, overseeing and establishing an appropriate level of documentation and controls within the client finance team, resolving reporting/processing issues and embedding this into BAU
- Preparation of Committee papers, attending either meeting if required
- Reviewing and (where relevant) improving financial controls on a rolling basis
- Liaison with external auditors on the audit and any relevant internal audit reviews
- Management of the preparation, interpretation, maintenance and application of accounting policies in accordance with current accounting standards
- Work closely with clients on the interpretation of any new accounting standards, preparing technical papers and aligning processes to meet the new requirements
- Playing a leading role in finance projects, including IT Financial systems development where relevant
- Oversight of the work in the team, but getting into detail, resolving issues and working with clients where required
- Training and developing the team in insurance related skills at every opportunity
- Working with the Head of Client Finance and the learning and development team to understand skills gaps, identify suitable training and strengthen team knowledge
Skills, Knowledge and Expertise
- Extensive insurance industry experience in a reporting role
- Detailed regulatory return experience
- Experience of leading a team is essential
- Driving and implementing change
- Excellent organisational skills, ability to multi-task
- Strong attention to detail
- Highly analytical
- Ability to work independently and use own initiative to problem solve
- Good teamworking and collaboration skills
- Ability to work under pressure and be flexible
- Efficient, self-motivated
- Good verbal and written communication skills
Benefits
As well as a competitive salary, discretionary annual bonus, and a minimum 26 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay.
You will also have access to company volunteering days, an Electric Vehicle (EV) leasing scheme, an employee assistance programme with retail discounts and savings, a generous employee referral scheme and regular sports and social events.
About
PoloWorks is the leading provider of UK-based support services to the insurance market. We have built a strong reputation as dedicated and dependable experts in our field. We pride ourselves on our ability to be flexible, responsive, and knowledgeable.As a leading service support company and turnkey managing agency, our clients choose us because our staff not only have the expertise but also a profound affinity with their business challenges. Our mission is to support, inspire, and develop the insurers of today and tomorrow.Our clients, whether digital start-ups or well-established organisations, rely on the PoloWorks team to develop and strengthen their businesses. Our clients' goals are our goals. As such we design and deliver bespoke solutions to their specific business challenges.Recognised as a Great Place to Work certified company and listed among the Best Workplaces in Financial Services & Insurance, PoloWorks is proud of its positive culture and commitment to its people. With offices in London and Cheltenham, PoloWorks has ambitious growth plans, offering exciting opportunities for anyone joining us on the next phase of our journey.It's our mission to unleash the potential in every team, and we know that teams perform best when they are diverse and every team member feels that they belong. It is the unique contributions of all PoloWorks colleagues that drive our success, and we are committed to building an inclusive culture where everyone is empowered to do meaningful work and are recognised for their efforts. To that end, we are committed to providing an environment free of discrimination for everyone.
Skills Required
- Qualified Accountant (ACA, ACCA, CIMA or equivalent)
- Experience within the insurance industry
- Experience in a financial reporting environment
- Strong knowledge of insurance accounting and regulatory reporting
- Proven experience leading and developing teams
- Experience driving change, improving processes and implementing controls
- Ability to build credibility and influence senior internal and external stakeholders
- Excellent analytical and problem-solving skills
- Strong organisational skills with ability to manage multiple priorities
- Exceptional attention to detail
- Confident decision-maker with a proactive approach
- Strong verbal and written communication skills
- Collaborative leadership style with commitment to developing others
- High levels of integrity and professional judgement
- Advanced Microsoft Excel skills
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The Company
What We Do
PoloWorks provides business advisory and outsourced services to (re)insurers and brokers within the insurance lifecycle, operating in the Lloyd’s and companies markets.
