SonicJobs Logo
Login
Left arrow iconBack to search

Interim Head of Finance insurance

Hays Specialist Recruitment Limited
Posted 4 days ago, valid for 2 days
Location

Bristol, City of Bristol BS6 5EX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • The Interim Head of Finance position is based in Central Bristol and requires the candidate to work in the office three days a week.
  • This role is for an initial six-month assignment, with a possibility of extension through the rest of 2025, offering a competitive salary of £100,000 per annum.
  • Candidates must have over 10 years of post-qualification experience, particularly within the insurance sector and familiarity with Solvency II, PRA, and FCA regulations.
  • Key responsibilities include providing financial leadership, managing annual budgeting processes, overseeing monthly financial management reporting, and ensuring compliance with statutory accounts.
  • The ideal candidate will possess strong commercial acumen, excellent communication skills, and the ability to lead and mentor a finance team.
  • Job Title: Interim Head of Finance
  • Reporting to: CFO
  • Location: Central Bristol - 3 days required in the office per week
  • Length of assignment: 6 months initially (rest of 2025) Our client is looking for an experienced candidate (10 years+ post qualification), with substantial insurance company experience (including Solvency II/UK), and dealing directly with the PRA & FCA.

Job PurposeTo re-engineer the current finance function to deliver the following structure and combined resources such that the finance function has the requisite skills, experience and commitment to deliver:

  • Strong and effective financial control
  • Reliable and accurate regulatory reporting as required (PRA, HMRC…)
  • Strong expense management, reporting and engagement with the relevant ExCo members
  • Dynamic finance input and representation as required on the Society's change agenda and associated projects

Key Responsibilities

  • To provide finance leadership and direction to the finance function and the Society as a whole, reporting to the FD and the broader ExCo as required.
  • To lead the annual budgeting & expense apportionment modelling and forecasting processes, working closely with all key stakeholders, but in particular the CFO & FD, & Head of Sales & Marketing.
  • To own the monthly financial management reporting for all subsidiaries, scope to include financial performance year-to-date, compliance or otherwise with key financial controls.
  • To lead and own completion of all annual statutory accounts, within the required timeframe and to the standard required.
  • To set and operate appropriate financial controls for the Society and its primary subsidiary, scope to include:
  • for policyholder accounting (premiums and claims) where applicable for the whole portfolio;
  • commissions payable:
  • reinsurance accounting:
  • accounts payable and accounts receivable.
  • To monitor & manage cash flow and liquidity forecasts in conjunction with the FD liability/asset matching, and treasury management.
  • To operate the payroll for the Society and the Society's superannuation schemes
  • To own and manage key relationships such as the internal and external audit partners and the chair of the Society's audit committee.
  • To manage the existing finance team, providing coaching and support as appropriate, ensuring clarity of roles & responsibilities.

Knowledge & Experience

  • Qualified ACCA, ACA or CIMA qualification
  • 10 years+ post-qualification experience, with substantial insurance company experience (including Solvency II/UK), and dealing directly with the PRA & FCA
  • Sharp commercial acumen, intellect and a seasoned professional who is seen as a valued strategic advisor and business partner.
  • Experienced and motivated self-starter, using their own initiative, and the ability to demonstrate adaptability and flexibility.
  • Excellent communicator, ability to build relationships and influence at all levels.
  • High level of self-awareness and ability to get the best out of people.
  • Creative approach to problem-solving.
  • Leadership qualities - capable of leading the team and acting as a coach and mentor

What you need to do now If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or contact Charles Maidment from the Hays senior finance team in Bristol. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

SonicJobs' Terms & Conditions and Privacy Policy also apply.