VP of Finance, Loadsure
+ Stock options
Cargo insurance company
Be an early applicant
Cargo insurance company
21-100 employees
Be an early applicant
+ Stock options
21-100 employees
Company mission
To empower brokers to better serve the freight community, maximising profits and minimising losses for all.
Role
Who you are
- This position requires a self-driven, high-energy, professional who’s passionate about disrupting an industry and wants to be rewarded for their performance and contributions
- Financial Control & Compliance: Proven track record in building and maintaining robust financial controls
- Excellent Modelling Skills & Attention to Detail: Advanced proficiency in financial modelling, scenario analysis, and forecasting, with a meticulous approach to accuracy and precision in financial data
- Accounting & Regulatory Knowledge: Strong expertise in UK & US GAAP, and insurance-specific financial requirements
- Financial Operations: Hands-on experience in streamlining accounting processes and financial reporting
- Data-Driven Financial Planning: Ability to provide clear, data-backed financial insights and forecasting
- Cash Flow & Working Capital Management: Expertise in optimising cash management and liquidity
- Technology & Automation: Familiarity with finance systems, ERP platforms, and automation tools
- Leadership & Team Development: Experience leading a high-performing finance function
- Insurance Industry Expertise: Deep knowledge of financial management within an insurance business
- Strong Communication: Clearly conveys financial insights to diverse stakeholders, ensuring alignment across teams. Leads by example to foster transparency, collaboration, and a culture of clear financial communication
What the job involves
- The VP of Finance is responsible for ensuring the financial integrity, stability, and operational efficiency of the company’s finance function
- This role oversees accounting, financial planning & analysis (FP&A), financial controls, and financial reporting while driving process improvements and robust internal controls
- The position requires deep insurance industry experience and a strong understanding of financial operations to enhance transparency, efficiency, and financial risk management
- This role is part of the Senior Leadership Team and collaborates closely with the Executive Management Team and the Insurance Operations Team
- Develop and enforce strong financial controls to ensure compliance with regulatory requirements and best practices
- Maintain accurate and timely financial reporting, ensuring compliance with FCA (UK), FSMA (Brussels, EU), and relevant US financial reporting regulations
- Ensure audit readiness, liaising with internal and external auditors to meet statutory and regulatory reporting requirements across the UK, Brussels, and the US
- Work closely with the company’s Chartered Accountant to ensure compliance with regulatory financial reporting and tax filings in the UK, Brussels, and the US, including preparation and submission of statutory returns
- Oversee tax compliance across jurisdictions, optimising financial structures to ensure tax efficiency and regulatory adherence
- Establish cash flow and working capital management processes to safeguard financial stability
- Liaise with banks to manage treasury operations, ensuring effective liquidity management and financial risk mitigation
- Oversee day-to-day accounting operations, including financial close processes, reconciliations, and reporting
- Ensure efficient revenue recognition and cost allocation methodologies aligned with insurance industry standards
- Develop streamlined billing, accounts payable, and receivable processes to enhance financial efficiency
- Implement and maintain best-in-class financial systems, tools, and automation to improve accuracy and reduce manual processes
- Oversee the timely and accurate execution of payroll
- Manage foreign exchange risk for multi-currency transactions, ensuring efficient FX hedging strategies and cost-effective international payments
- Oversee and provide guidance to the finance team in FP&A, ensuring alignment with business strategy and operational priorities
- Review and challenge financial analytics and insights provided by the finance team to support decision-making across commercial, underwriting, claims, and operational teams
- Ensure the implementation and accuracy of product profitability reporting, enabling a clear understanding of revenue and cost dynamics
- Support the finance team in partnering with key stakeholders to develop cost-efficiency strategies that maintain sustainable business growth
- Collaborate with Underwriting, Risk, and Claims teams to align financial planning with business performance
- Provide financial insights to support pricing models, claims reserving, and capital allocation
- Support commercial teams in financial negotiations, contract structuring, and revenue forecasting
- Present financial reports and recommendations to the CEO and senior leadership team
- Lead and develop the finance team, ensuring high performance and professional growth
- Foster a culture of financial accountability and operational excellence across the organisation
- Champion continuous improvement in finance processes, driving efficiency and control enhancements
Salary benchmarks
Our take
Today, close to 90% of cargo in transit is under or uninsured, in part because traditional insurance can't keep up with the in-time supply chain. As a result, many freight brokers, shippers and carriers are operating with high-risk exposure.
Loadsure delivers accurately-priced freight insurance in just 40 seconds, leveraging artificial intelligence and automation to provide pay-as-you-go, digital insurance for brokers, shippers, and carriers. Taking direct aim at the global underinsurance crisis, Loadsure is enabling insurance wholesalers and retailers to profitably service a larger market through scalable solutions.
Loadsure has gained capital through multiple funding rounds, in 2023 from Tokio Marine Klin, a specialist insurance firm. This will help Loadsure expand its capabilities and geographic outreach and enhance its growth strategy.
Steph
Company Specialist at Welcome to the Jungle
Insights
54% employee growth in 12 months
Company
Funding (2 rounds)
Mar 2022
$11m
SERIES A
Mar 2020
$1.5m
SEED
Total funding: $12.5m
Company benefits
- Company stock options
- 25 annual leave days, in addition to our recognised national holidays
- Strong healthcare coverage for employees and their families
- Remote working with great flexibility
- Career development opportunities
- Access to corporate travel agents, allowing for discounted flight and hotel rates on personal travel
Company HQ
City of London, London, UK
Leadership
Johnny McCord
(CEO)Over 18 years of cargo broking experience. Previously worked for JKB Reinsurance Brokers, ARB International Ltd, Roanoke International Brokers and Lochain Patrick Insurance Brokers Ltd.
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