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Financial Compliance Manager - Europe

Brown and Brown Insurance

London

Hybrid

GBP 45,000 - 75,000

Full time

30+ days ago

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Job summary

An established industry player is seeking a Financial Compliance Manager to enhance internal controls across Europe. This hybrid role offers the chance to work with a dynamic team while ensuring compliance and efficiency within the insurance sector. The ideal candidate will have a solid background in financial compliance, particularly within insurance broking or related fields, and will be a qualified accountant. This position not only promises significant professional development but also offers a negotiable salary and a comprehensive benefits package, including ongoing support for professional qualifications. If you're ready to drive functions forward in a growing company, this opportunity is for you.

Benefits

Pension
Life Assurance
Individual PMI
25 Days Holiday + Bank Holidays
Flex Benefits Post-Probation
Annual Company Share Save Scheme
Fully Funded Professional Qualifications

Qualifications

  • Solid exposure to financial compliance within the insurance industry.
  • Qualified accountant with strong communication and analytical skills.

Responsibilities

  • Evaluate financial risks and administer controls for European Profit Centers.
  • Update accounting guidelines and manage risk fraud deterrence analysis.

Skills

Financial Compliance
Analytical Skills
Stakeholder Management
Problem-Solving
High-Level Communication

Education

Qualified Accountant (ACA/ACCA or equivalent)

Tools

Workday Finance
COSO

Job description

You are applying for a job at:
Brown & Brown (Europe)

We are part of Brown & Brown Insurance group.

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Financial Compliance Manager - Europe

Location: London (Hybrid)
Package: Negotiable + Benefits

As part of our ongoing journey of growth and building on our approach as A Forever Company, we're looking to appoint a Financial Compliance Manager to establish, improve and operate our internal control frameworks across financial reporting for our businesses within Europe.

You'll be working with some fantastic teammates at all levels to ensure compliance and efficiency within our teams.

This role offers significant potential for development as we continue our growth across the insurance market both within the United Kingdom and Europe.

We're looking for a teammate with prior experience in the Insurance Broking / MGA / Insurer world or proven experience in assisting insurance businesses.

Essential Duties and Functions:

  • Evaluate and act upon financial risks, guidelines, controls, and reporting.
  • Administer controls for European Profit Centers:
    • Setup, users, reference documents, etc. specific to European Profit Centers
    • Evaluate control exceptions and deficiencies
    • Educate and troubleshoot items related to Archer with European teammates
    • Administer late CSAs for European Profit Centers and ensure timely resolution
  • Update the Brown & Brown Accounting Guidelines including controls, processes, and procedure changes
  • Manage risk fraud deterrence analysis review for Europe-specific issues
  • Correspond with financial team leaders in Europe
  • Update, review, document, and test COSO requirements for European Profit Centers
  • Liaison to the external auditors of the company
  • Perform other duties as assigned by Head of European Reporting
  • Aid in the annual budget preparation and monitoring

About you:
You'll have solid exposure to financial compliance within the insurance industry and be looking for the next step in your career to drive a function forward. You should be a qualified accountant (ACA/ACCA or equivalent) with a well-developed skill set that includes high-level communication (written, verbal, video), analytical, stakeholder management, influencing, and problem-solving skills, coupled with the ability to use finance and IT-related packages.
Exposure to SOX controls, GAAP (including US GAAP), working knowledge of IFRS and FCA/Financial Legislation/Rules is required. You should be comfortable traveling to various business locations outside of London when necessary. Exposure to auditing US businesses and Workday Finance is desirable but not essential.

The Rewards:
  • A negotiable salary coupled with benefits including pension, life assurance, individual PMI, 25 days holiday + bank holidays, and flex benefits post-probation.
  • Access to the annual company share save scheme
  • Full support for ongoing professional development (including fully funded professional qualifications)

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
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