Deputy Financial Controller - Insurance

pCollinson Group is a global leader in driving loyalty and engagement for many of the worlds largest companies Predominantly through the provision of travel related benefits within a market leading digital travel ecosystem The group offers a unique blend of industry and sector specialists who together provide marketleading experience in delivering products and services across four core capabilities Loyalty Lifestyle Benefits and InsuranceppThe group provides unrivalled insight and expertise around affluent consumers and frequent travellers creating and delivering products and services now accessible to over m end consumersppWe have more than years experience with global locations servicing over clients in countries employing peopleppWe have been bringing innovation to the market since inception from launching the first independent global VIP lounge access Programme Priority Pass to being the first to sell direct travel insurance in the UK through Columbus Direct and creating the first loyalty agency of its kind in the travel sector with ICLP Today we still invest heavily in innovation to ensure that we continue to deliver superior customer experiencesppKey clients include Visa Mastercard American Express Cathay Pacific British Airways LATAM Flying Blue Accor EasyJet HSBC Chase HDFCppOur mission is focused on doing good beyond profit which for us means we seek out opportunities for our people to share in our success and that we give back to the communities and people within which we workppNever short of ambition the success of our business is delivered through the diverse and talented team of over colleagues globallyppstrongCollinson Insurance DivisionstrongppThe Insurance Division has been an established part of Collinson since Today it consists of Solvency II regulated entities based in the UK and Malta as well as insurance intermediaries and a service company that are managing gross premiums more than m Most of the insurance written is via our wellknown distribution partners and covers risks such as travel insurance dental insurance international private medical insurance as well as other ancillary and niche personal lines productsppememstrongWhat does an Deputy Financial Controllerstrongstrongdo at CollinsonstrongememppThe Deputy Financial Controller will work within the Insurance division of the Collinson Group They will work as an integral part of the finance team alongside the Financial Controller Insurance with oversight and management of the Financial Reporting Insurance Team and the Operational Teams AP AR and day to day cash management through which this role will support the production of the statutory accounts as well as being key points of contact during the audit processppThe Deputy Financial Controller role will have oversight of the Insurance monthly management accounts reviewing the accuracy of the results and balance sheet reconciliations support any process system changes within the team and support the teams with onboarding new renewing clients as well as ensuring a strong and effective control environment exists with a specific emphasis on improving month end close and accountingppememstrongemstrongstrongKey responsibilities of this role includestrongstrongemstrongemempulliDay to day team management including objective setting and regular one to one reviews of the Finance Operations Manager the Insurance Financial Accountants and the Reconciliations Accountant along with supporting the wider teamsliliSupport the Insurance Financial Reporting team in the delivery of all Group reporting including monthly management packs and annual Group Audit Packs ensuring they are completed in line with Group deadlines for the specified entities Ensure compliance to general financial reporting standards as well as standards for Insurance Reporting (FRS and IFRS) lili Provision of accurate financial reporting to the insurance lines of business and take ownership from a Financial Reporting team perspective at meetings with Underwriting & Actuarial teams lili Deliver clarity of understanding for financial reporting at schemeclient level is provided to Line of Business owners and provide support on the all key calculations (eg Profit share in currency etc)lili Support the Insurance Financial Reporting team in the review of monthly P&L trend analysis and analytical reviews for their entityentities to ensure Group and the business have a good insight into key movements and the financial performance of each entity highlighting any exceptions to managementlili Ensure all insurance transactions within the Operations and Reporting teams are processed accurately while adhering to regulatory requirementslili Develop and motivate staff by providing them with clear direction to achieve their goalslili Manage quarterly BSR (Balance Sheet Review) meetings with the team providing oversight to the Financial Controller Insurance ensuring the process and sign off aligns to Group policy and the Finance team can support the as at date balanceslili Collaborate effectively with all stakeholders including Commercial Finance Underwriting and Actuarial to ensure the integrity in the numbers being recorded in the management accounts and provide support on the variance to budget analysislili Support the Financial Controller Insurance on all audits (including but not limited to internal suprdsup party or yearend) reviewing the year end Group Statutory packs with supporting evidence for balances as required as well as assist with managing audit requests ensuring the evidence for audit samples is sufficient to support the sample requests and performing the walkthroughs with explanations for postings and processeslili Ensure reconciliations for systems feeds into SAP form part of the management accounts financial statementslili Assist with continuous embedding and delivery of the Finance Transformation projectlili Ensure robust controls are in place and look to enhance where possiblelili Keeping abreast of technical accounting developments to ensure that the impact of changes are understood and applied on a timely basis specifically FRS and IFRS and lili Ensuring all process documents are regularly reviewed and updatedli liProvide regulatory reporting for VAT IPT Corporation Tax and any rd party reporting as requiredliliStrive to deliver process improvements delivering best in class processesememstrongstrongememliulpememstrongstrongstrongKey skills and experience to be evidenced within your application includestrongstrongstrongemempulliMinimum years experience in a Senior Management role within the Financial Services sector including experience in a senior role in the general insurance industry is preferredliliLeadership experience with successful examples of driving and managing change for projects and programs of workliliQualified Accountant (ACCA CIMA ACA or Equivalent) or qualified by experienceliliProven Insurance related experience at a similar level Regulated entity (eg PRAMFSA) liliProven Solvency II knowledge in Pillar III is preferablelili Good knowledge of SAP accounting system preferablelili High personal levels of motivation and delivery orientated focuslili Able to work well under pressurelili A proactive forward looking and challenging mindsetlili Detail focused with strong organisation and planning skillslili Ability to interact with and develop working relationships internally and externally in order to achieve best outcomes for the business and customerlili Ability to encourage train and develop the Financial Accountants and Assistant Financial Accountantslili Knowledge and experience of best practice within industry to consistently improve delivery within departmentememstrongstrongememliulpemCollinson is an equal opportunity employer and welcomes differences in all their forms including colour race ethnicity gender identity sexual orientation neurodivergence family status age individuals with disabilities and people from all backgrounds cultures and experiences as we strongly believe this contributes to our ongoing success emppemWe are focused on continually evolving our purpose driven high performing culture providing an environment where our people have the opportunity to achieve their full potential and do interesting and meaningful work Our company values are Act smarter Do the right thing One team and Be insight led These help guide everything we do internally in terms of how we think act and interact right through to how we deliver value to our customers and clients emppemIn your application please feel free to note which pronouns you use (For example sheherhers hehimhis theythemtheirs etc)emppemIf you need any extra support throughout the interview process then please email us at a @collinsongroupcomaemppWe also have our very own Beacons (Domestic Abuse Advisors) supporting within each of our global offices Our Beacons will be your point of contact if you or someone you know needs supportp