London Area, United Kingdom
A CIMA fully qualified accountant with ten-years’ experience in insurance and leading financial roles in the London market. Various roles as head of finance and board member of insurance brokers and MGAs and extensive financial modelling, planning and analysis experience accumulated in large multinational companies. Passionate about setting up and constantly streamlining accounting processes and systems. Specialized knowledge in M&A transactions, client money accounting, compliance, and binding authorities.
Promoted to Chief Operating Officer while maintaining Finance Director responsibilities. Additional Responsibilities: Collaboration with Managing Director in establishing and driving organizational vision, operational strategy and recruitment. Oversight of broking & MI reporting systems, while playing an active role in data integration projects Ensuring adherence to regulatory requirements, compliance policies and procedures across the business Coordination with group central services to ensure effective I.T. operations, HR procedures, risk controls and facilities management
Member of the Board of Directors and Excom Responsible for complete Financial reporting to the Board and Group Finance In charge of client money reporting and operations oversight Managed a finance assistant in the facilitation of day-to-day operations and credit control Responsible of FCA regulatory reporting and other compliance responsibilities Played a crucial role in financial/legal and due diligence aspects of entity sale to Aston Lark Group
Assistance with acquisition of MGA, financial and binder operations transition management Management and financial reporting, preparation of financial statements Leading role in due diligence and arrangement of entity sale to another group
Reporting directly to Group European CFO and responsible for FP&A operations Responsibility over budgeting and forecasting process and reports in cooperation with all departments across all European offices, strategic financial simulation requested by sales & marketing departments Management of a small team of 2 people with control and supervision of reporting systems
Data capture and reporting tools in order to provide accurate forecasting to senior management and to aid decision making Process consolidation of European business budget and forecast data Tracking of revenue of physical & online distribution, mobile and licensing for reporting variance analysis Analysis of marketing expenses against budget and sales to manage cost control Creation of monthly and quarterly sale reports for global HQ Maintenance of internal business management system (forecast, ordering & expense systems) Supervision and review of the activities of a Junior Financial Analyst.
Maintenance, development, control and operation of the annual accounting model Process improvement in the collation, reconciliation and presentation of underwriting accounting data Production of financial data for reports across the group and entities including but not limited to: MI pack for the underwriting results area, reserve analysis, segmental reporting, syndicate balance sheet and P&L forecasts, syndicate balance sheet. Responsibility for elements of the financial controls framework, ensuring necessary reconciliations are performed on a regular basis and that exceptions are identified and addressed.
Reporting directly to the group MD, responsibilities over all financial operations of insurance group composed of Lloyd's broker, underwriting managing agency and loss adjusting business Preparation and analysis of monthly management accounts pack for the board, including monthly review of Cash flow to guarantee the yearly group financial requirements Regular reporting and analysis to insurers and capacity providers Client money management with responsibilities over IBA bank accounts, client money calculations and periodic brokerage draw down Liaison with auditors for the preparation of consolidated statutory accounts for a group of 5 legal entities Supervision and review activity of team of three accountants engaged with premium allocation, credit control and bookkeeping
Credit Control and premium allocation Binding authority technical operations including payment of premiums and claims, submission of new binders and preparation of bordereaux