Financial Manager for Syndicate Operations

4 weeks ago


London, Greater London, United Kingdom Lorien Full time
Finance Manager for Syndicate Operations

Lorien is seeking a highly skilled Finance Manager to join their team on a permanent basis. As a key member of the syndicate finance team, you will be responsible for delivering the US GAAP monthly close process for the syndicate and associated companies.

Key Responsibilities:
  • Lead the key insurance accounting reporting processes to ensure accuracy and timeliness.
  • Manage key monthly controls and reviews to maintain financial integrity.
  • Support the half-yearly reserve review process and ensure compliance with regulatory requirements.
  • Contribute to the Finance Transformation Project and drive process improvements.
  • Manage the quarterly review of other reserves, including internally deferred acquisition cost, ULAE, and bad debt provision.
  • Develop and implement effective processes and controls to ensure financial stability.
  • Produce all required US GAAP inputs into regulatory returns as needed.
  • Coach and develop junior staff to enhance their skills and knowledge.
Requirements:
  • Qualified Accountant with experience in managing a London Market (re)insurance company or syndicate finance team.
  • Strong background in reviewing and authorizing management reports, reconciliations, and controls.
  • Ability to implement new processes and controls, and coach and develop staff.
  • Experience with SAP and Finance BI is preferred.


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