Insurance Financial Operations Manager

3 weeks ago

London Hybrid, United Kingdom Saga Full time
Position Overview

As an Insurance Financial Operations Manager, you will oversee the financial operations of Saga Services Limited (SSL) within our Insurance Finance division.


Your primary responsibility will be managing the month-end financial processes, which encompass all facets of general ledger accounting and reporting.


You will collaborate closely with the Record to Report (R2R) team and the broader Financial Reporting & Control (FR&C) team.


Key Responsibilities

Reporting directly to the Financial Controller, you will be accountable for the timely production and delivery of all internal and external financial reporting obligations. This includes, but is not limited to:

  • Preparation of statutory financial statements and management of SSL's balance sheet.
  • Liaising with both internal and external auditors to ensure compliance and accuracy.
  • Contributing to the enhancement of financial processes and the quality of financial data.


Collaboration is essential at Saga, and our Insurance Finance team engages in regular meetings to foster teamwork and communication.


Compensation and Benefits

We offer a competitive salary ranging from £60,000 to £70,000, commensurate with experience, along with a comprehensive benefits package that includes:

  • Flexible working hours with a 35-hour workweek.
  • 25 days of annual leave plus bank holidays.
  • Options for additional leave purchases.
  • Pension scheme with a 10% employer match.
  • Life assurance upon joining.
  • Wellbeing initiatives and colleague discounts.
  • Enhanced parental leave policies.
  • Annual performance-related bonuses.
  • Access to Saga Academy for professional development.


Candidate Profile

The ideal candidate will be a qualified accountant (ACA, ACCA, or CIMA) with substantial experience in the insurance sector. Key attributes include:

  • Proven leadership and mentoring capabilities.
  • Strong communication skills for effective stakeholder management.
  • Experience in external financial reporting and statutory account preparation.
  • A mindset geared towards continuous improvement and process optimization.
  • Analytical skills to identify and resolve discrepancies.


About Saga

For over 70 years, Saga has been a leading provider of products and services tailored for individuals aged 50 and above in the UK. The Saga brand is synonymous with quality and exceptional service, offering a range of services including travel, insurance, and personal finance.


We are committed to diversity, equity, and inclusion, ensuring a welcoming environment for all employees. We value diverse perspectives and are dedicated to creating a workplace where everyone can thrive.

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