Financial Controller Analyst (Insurance)

Our client, a leading international insurance company, is seeking a Financial Controller to oversee the Finance Department and ensure all internal financial obligations across the European region are consistently met.

Responsibilities:

•  Review monthly management accounts for the European entities to ensure accuracy of technical provisions and reasonableness of non-technical postings. 
• Review P&L variance analysis and BS reconciliations at month end.
• Support the forecasting and budgeting process. 
• Produce monthly cash flow analyses and forecasts. 
• Review Group deliverables before submission to the FC, Europe 
• Prepare minutes of Reserve Review meetings. 
• Manage the members of the European Finance team and identify their personal development needs. Monitor and mentor the AFCs to ensure their performance meets the required standards. 
• Conduct premium, commission and reserve reviews, to identify key movements, understand variances and make recommendations for adjustments if required. 
• Support the review of current process and identification of opportunities to deliver efficiency and understanding through enhanced analysis/reporting.  
• Perform monthly operational analyses of the European entities. 
• Ensure accuracy of data within the underwriting system.
• Review financial and claims data for internal and external actuaries to support the reserving process before submission to FC, Europe. 
• Assist in providing greater insight and analysis into business performance through the implementation of new MI reports, financial models and processes. 
• Participate as required in evaluation of new systems integrations. 
• Assist in the establishment of and compliance with relevant internal controls and procedures. 
• Perform ad hoc analyses and deep dive reviews as required by Management. 
• Individual performance objectives will be set on an annual basis.

Requirements:

• As a minimum, part ACCA qualified.
• Insurance experience (2-5 years)
• Strong analytical skills
• Teamwork demonstrated, along with working on own
• Proactive in identifying issues and proposing solutions to colleagues at all levels, including senior management
• Used to meet demanding deadlines
• Excellent and inclusive communication skills with colleagues at all levels
• An inquisitive mind
• Advanced Excel skills

Benefits:

• Annual performance bonus 
• Life insurance (2x annual salary)
• International health insurance
• Summer hours and hybrid working (according to company necessities) 
• Yearly eye screening
• Parking (after 6 months' probation)
• Payment of professional membership fees (e.g., CII)
• Education awards for professional qualifications
• Sponsorship for job-related training
• 40% discount on personal insurance policies (after 6 months' probation)
• Employee Assistance Program (confidential support service)