Head of Financial Reporting & CES Controller, Convex Group
Property & casualty insurance
Open for applications
Property & casualty insurance
501-1000 employees
Open for applications
501-1000 employees
Company mission
To underwrite insurance and reinsurance for complex specialty risks.
Role
Who you are
- 10+ years prior experience in (re)insurance accounting, with proven experience in reviewing and preparing GAAP financial statements
- Experience of running and improving financial reporting and close processes, with a keen interest in deploying new technology to automate and simplify processes
- Experience in dealing with financial statement complexity, understanding financial position and key P&L drivers, and interfacing with CFOs
- Experience in leading smaller engagements or components of large, complex operations
- Experience identifying business issues, owning responsibility for the quality of deliverables, managing stakeholder relationships, and developing persuasive recommendations
- Critical thinking coupled with advanced analysis and problem-solving techniques; business and data analysis as well as MS Excel skills are essential
- Ability to communicate complex ideas effectively, both verbally and in writing, with business stakeholders
- Simplify complex reporting concepts, overcome operating obstacles, and drive balanced decision making for improvements
- Deploy good judgement in managing competing and conflicting priorities
- Inspire collaboration with your peers and participate in creating an environment that encourages learning and growth
- Effective organisational and communication skills
What the job involves
- Working as part of the Finance Team, you will report directly to the Group Financial Controller with responsibility for overseeing all aspects of the financial close and financial reporting processes, including the preparation of accurate, timely and compliant financial statements under US GAAP, UK GAAP and Lux GAAP
- In your capacity as Head of Financial Reporting, you will also act as the Luxembourg Financial Controller with accountability for the CES (Convex European entity) regulatory reporting, financial accounting processes and controls
- Furthermore, you will be responsible for managing the outsourced teams in various locations who are responsible for Financial Reporting
- As our successful candidate, you will embody the Convex values and share your skills and experience across Convex
- Maintain oversight of the full financial close process each month, ensuring all SOX controls have been operated in line with expectations and validating the financial results including the Group Consolidation whilst ensuring that reporting deadlines are met
- Ongoing review of monthly Balance Sheet reconciliations across the Group, supporting the various teams in identifying and resolving process deficiencies which cause reconciling items
- Design new operational accounting policies, processes and controls for the implementation team to support new business initiatives and improve financial reporting processes
- Maintain oversight of all financial and regulatory activities relating to CES, engaging closely with the various outsourced providers to ensure timely and accurate reporting
- Support the successful completion of the audit whilst acting as the primary point of contact for the external auditor for all matters relating to CES
- Partner with the Luxembourg CFO in the preparation of Audit Committee and board papers, liaising with various finance teams to ensure papers are updated appropriately, and any queries from the CFO are driven to conclusion
- Stay up to date with the latest changes in accounting standards and regulations, enforcing adherence to European regulatory and statutory reporting requirements, and advising management on needed actions
Application process
- Stage 1: Applied
- Stage 2: Review
- Stage 3: Hold
- Stage 4: 1st Interview
- Stage 5: 2nd Interview
- Stage 6: Final Interview
- Stage 7: Offer
- Stage 8: Hired
Salary benchmarks
Our take
Convex Insurance is a speciality insurer and reinsurer that was established in 2019. Unlike traditional insurance companies, Convex specialises in underwriting complex and non-standard risks, providing coverage across a wide range of lines of business such as property, casualty, marine, energy, aerospace and speciality lines.
What sets Convex apart is its utilisation of advanced analytics, technical expertise, and risk management capabilities. By leveraging these strengths, Convex crafts tailor-made insurance and reinsurance solutions that precisely address the specific needs of each client. Its global presence enables the company to serve a diverse range of clients while maintaining a strong focus on building enduring relationships through a focus on customer care.
With an A.M. Best rating of A- (excellent), Convex has earned recognition for its customer service and dedication to meeting the unique requirements of its clients. By prioritising client satisfaction and customising solutions, Convex has positioned itself as a reputable player in the industry, providing reliable coverage for the most challenging risks.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Life Assurance Cover
- Annual Health Check
- Group Income Protection
- 3 days of Volunteer Leave each year
- 10 days of help with care (elder/ childcare) through Bright Horizons
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Company HQ
Hamilton, Pembroke Parish
Leadership
Paul Brand
(Founder & CEO)Over 36 years of experience in the insurance industry. They previously worked as Chief Underwriting Officer at Catlin and served as the Chairman at XL Catlin.
Share this job