Finance Director

GWV Talent Solutions Ltd; Liverpool City Region; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

A leading company in the insurance sector is seeking a Finance Director to oversee financial strategy and governance. This vital role involves ensuring regulatory compliance, operational efficiency, and driving profitability. The successful candidate will bring extensive experience in financial leadership within the insurance sector.

Benefits

Excellent Benefits

Qualifications

• 10-15 years of financial leadership experience in insurance.
• Proven track record in financial strategy, compliance, risk management.
• Strong understanding of FCA/PRA regulations.

Responsibilities

• Oversee financial strategy, operations, and governance.
• Ensure regulatory compliance and operational efficiency.
• Lead financial planning, forecasting, and budgeting.

Skills

Financial Strategy

Regulatory Compliance

Risk Management

Stakeholder Engagement

Education

Bachelor’s degree in Finance, Accounting, Economics

Professional finance qualification (ACA, ACCA, CIMA)

Job description

Finance Director

GWV Talent Solutions Ltd Manchester, United Kingdom

Finance Director

GWV Talent Solutions Ltd Manchester, United Kingdom Apply now Posted 3 days ago Hybrid Job Permanent Excellent + Benefits

Finance Director Insurance sector but open to applications from the wider financial services sector As the Finance Director, you will oversee financial strategy, governance, and operations of the distribution and broking business. You as the FD will ensure financial stability, regulatory compliance, and operational efficiency while driving profitability and growth.

The Finance Director (FD) ) for distribution is responsible for leading the financial strategy, governance, and operations of the distribution and broking business. You as the FD will ensure financial stability, regulatory compliance, and operational efficiency while driving profitability and growth. The role also involves strategic financial planning, risk management, and stakeholder engagement to support business objectives. You will be working closely with and also reporting into the central group finance team and the Group Chief Financial Officer. You will be experienced and know the dynamics of working with a trading business and work in close proximity to the business.

Key Responsibilities

1. Financial Strategy & Leadership

• Develop and implement financial strategies aligned with business growth and profitability.
• Provide financial insights and recommendations to the CEO and Board to drive commercial decisions.
• Develop and oversee capital allocation, investment strategies and cost optimization.
• Lead financial planning, forecasting and budgeting processes for sustainable business growth.

2. Financial Operations & Reporting

• Oversee the preparation of accurate and timely financial reports, including P&L, balance sheets, and cash flow statements.
• Ensure compliance with accounting standards (IFRS, GAAP) and corporate governance requirements.
• An appreciation of Treasury, FP&A, Tax and Financial Control’s and working with and understanding them.
• Drive operational efficiencies in financial processes, including revenue recognition, expense management, and cost controls.
• Manage relationships with auditors, banks and investors.

3. Regulatory & Risk Management

• Ensure compliance with regulatory bodies such as the Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and other relevant financial regulations.
• Monitor and manage financial risk, liquidity and solvency requirements.
• Ensure compliance with insurance broking regulations, including handling client money and regulatory capital requirements.
• Oversee internal and external audits, addressing any compliance issues.

4. Insurance Broking & Distribution Financial Oversight
• Manage financial performance related to underwriting, commissions, fees and premium financing.
• Monitor broking revenues, insurer rebates and profit-share agreements.
• Develop pricing models and financial structures to optimize profitability in distribution.
• Oversee insurer and reinsurer relationships from a financial perspective.

5. Business & Commercial Growth

• Work closely with commercial teams to develop financial models for new products, acquisitions, and partnerships.
• Support mergers & acquisitions (M&A) activities, including due diligence, financial integration and post-merger performance.
• Lead financial negotiations with insurers, partners and key stakeholders.
• Identify and implement cost-saving initiatives without compromising service quality.

6. Leadership & Stakeholder Management

• Lead, mentor, and develop the finance team to drive a high-performance culture.
• Collaborate with senior management across sales, operations, underwriting and compliance to align financial goals with business objectives.
• Engage with external investors, regulators, insurers and other financial stakeholders.
• Have the capability and credibility of working relationship with senior level customers and partners.

Key Qualifications & Experience

Education & Certifications:

• Bachelor’s degree in Finance, Accounting, Economics or a related field.
• Professional finance qualification such as ACA, ACCA, CIMA.

Experience:

• Minimum 10-15 years of financial leadership experience in insurance / insurance broking
• Proven track record in financial strategy, regulatory compliance and risk management.
• Strong understanding of FCA/PRA regulations and capital requirements for insurance brokers.
• Mergers & acquisitions experience within the insurance sector is advantageous.

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