Finance Manager LMIE

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Role Title: Finance Manager

Department: Finance

Team: Accounting Operations

Location: London

Type: 12 month FTC

About the Role:

To backfill the Finance Manager within the Accounting Operations team, whilst they are on secondment.

About the Department & Team:

Finance in Liberty Specialty Markets (LSM) consists of circa 100 FTE and has a number of key roles:

• To partner the business to enhance decision making with a focus on strategy, planning, analysis and reporting. Support is provided both to the three management 'Pillars' (London, International and Reinsurance) and to the supporting finance functions within LSM

• To ensure that all external financial reporting requirements (statutory, regulatory, tax, capital etc) are fulfilled. LSM consists of a Lloyd's Syndicate, a UK insurance company with European branches and a number of small service companies

• To report to our US Parent on standard monthly requirements and ad-hoc requests on both a pillar and a legal basis

• To ensure superior management of our investments, cash and all financial risks

• To give finance operations support to the business and finance

Finance strives for continuous improvement in all areas and aims for excellent customer service, supported by quality and efficient processes, all operating within a robust control environment.

Key Responsibilities:

• Delivery of the USGAAP monthly close process for the Insurance Carrier (LIME) and two service companies. Lead the key insurance accounting reporting processes that is right first time and on time.

• Management of key monthly controls and reviews.

• Support the half yearly reserve review process

• Support the Finance Transformation Project

• Manage the quarterly review of other reserves such as internally deferred acquisition cost and bad debt provision.

• Leading the continual improvement of appropriate processes and controls.

• Production of all required US GAAP inputs into regulatory returns as required.

• Coach staff and provide on the job training to junior staff.

Skills and Experience:

• Qualified Accountant

• Experience of managing a London Market (re)insurance company or Syndicate finance team including:

o Reviewing and authorizing management reports, reconciliations and controls

o Implementing new processes and controls

o Coaching and developing staff

o Managing investigations and correction of identified ledger issues

o Close liaison with actuarial and tax teams

o Experience of SAP and Finance BI (Preferred)

o Strong Excel skills

About Liberty Specialty Markets (LSM)

Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

• Offering a vibrant and inclusive environment and committing to their career development.

• Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.

• Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.

• A supportive culture, which includes promoting a healthy work-life balance and working flexibly.

For more information, please follow the links below:

https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us

https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-inclusio...