Arthur are supporting an exciting Start-Up MGA, backed by a European Lloyd's Broker, going through Regulatory approval, establishing all business operations. The business are looking for a Financial literate Operations professional to support the CFO. The role will be leading the set-up of all business processes, implementing systems & operational structures.
Responsibilities:
Build and execute controls that ensure month-end financial and regulatory information is complete and accurate
Review and controls execution of technical administration and technical accounting
Leading recurring and ad-hoc data reconciliation investigations (supported by workflow tools) to answer requests to produce and make sense of data, find information, identify errors, and suggest potential solutions to those errors
Establishing Business processes
Designing and interpreting reports to support the teams in analysing data and monitoring controls
Driving continuous process improvement in response to cross-functional feedback after reporting periods
Establishing Underwriting Operations
Bordereaux preparation, payment & reconciliation
Bordereaux models to accommodate paying underwriters on a pay as paid basis with detailed reconciliation
Accounts payable & receivable management
Cash Flow management
Experience Required:
7+ years within the Insurance Industry (ideally within a Start-Up environment)
Track record of establishing processes & controls across Finance, Operations & Underwriting
Able to understand, analyse, and manipulate large amounts of financial data
Strong knowledge of Bordereaux processes
Strong reconciliation skills – able to deep dive in to and analyse data
Risk-focused – able to quickly identify risks and issues, and articulate the associated process impacts
