Charles Taylor plc is a global leading provider of professional services to the insurance industry. The group manages mutual insurance companies, provides specialist loss adjusting services, has recently set up a Lloyd’s Managing Agency and syndicate and is a provider of a diverse range of outsourced management and technical insurance services for the global market.
Charles Taylor currently employs over 1800 staff working in over 71 offices in 28 countries worldwide. In London we employ approximately 600 staff working across 3 offices in Central London. We are a profitable, growing organisation that is highly regarded in the insurance industry as a top tier provider of professional services, employing some of the industry’s ‘best in class’ professionals and technical experts. Our delivery of high quality, individually tailored services to our clients is backed by our core values of excellence, partnership, quality and support, and we look for employees to join us who exemplify these values and our ethos.
Manage the Finance function of CTMA. Ensure complete, accurate and timely financial information is provided to all internal and external stakeholders. Validate and ensure appropriate financial controls are in operation, safeguarding the company’s financial resources. Take a lead role in analysing, negotiating and managing commercial opportunities for CTMA.
- Responsible for the corporate accounting, investment management, financial reporting (internal and external) analysis and financial planning for CTMA, the managed Syndicates (and associated service companies), and Charles Taylor Corporate Member.
- Responsible for ensuring the above entities are sufficiently solvent at all times, and supporting capital raising when required.
- Translate financial information to business decisions and effectively communicate financial information to colleagues, providing insight, intelligence and analysis that will steer strategic planning.
- Provide financial input and leadership to all key strategic decisions and provide financial sign-off to deals, contracts and process and policy changes.
- Analyse, negotiate and manage commercial and strategic opportunities for CTMA, ie. new syndicate opportunities. Interact with and present to the board, investors and/or clients on commercial and strategic matters.
- Responsible for the development and maintenance of suitable financial controls and adherence with all regulatory guidelines including Lloyd’s of London and the FCA / PRA, and appropriate accounting principles.
- Act as member of the CTMA Board and fulfil relevant board responsibilities
- Manage the capital position of S1884, including managing capital providers and relationships for S1884. Develop new partnerships/relationships with potential capital providers.
- Manage, develop and lead a team of financial professionals to include effective recruitment, training, supervision and performance management
- Build strong relationships with peers within Lloyd’s to ensure they understand our strategy and business model
- Fulfil, as an approved person, the role of Finance Director (SIMF 2) in accordance with the Senior Insurance Managers Regime.
- Maintain an awareness of the regulatory environment in which CTMA, as a Lloyd’s managing agent, operates.
- Carry out duties in accordance with applicable standards set out in the Prudential Regulation Authority Rulebook and the Financial Conduct Authority Handbook.
- Production and integrity of the firm’s financial information and its regulatory reporting
- Management of the firm’s capital and liquidity
Ad Hoc Duties
Your key accountabilities will include such other duties and tasks are as allocated to you at the discretion of management and that are within your capabilities and within the scope of your post.
- Educated to at least degree level or equivalent industry standard, with considerable experience of working within the wholesale insurance/reinsurance market either for a Lloyd’s or London Market insurer, at a senior level.
- Detailed knowledge of Finance operations within an insurance environment
- Significant experience in compliance with considerable knowledge of UK FCA/PRA rules and regulatory best practice requirements and the application in an insurance/reinsurance context.
- Proven track record of identifying key business issues and executing strategic plans to meet operational objectives.
- Exceptional communication skills - effective and confident communicator and presenter of complex messages (written and verbal) to both internal and external audiences.
- Experienced at managing commercial and strategic matters such as onboarding of new entities, mergers and acquisitions or restructuring.
- Able to manage multiple deadlines.
- Experienced in effective people management.
- ACII, or relevant industry qualifications.
- Qualified member of an accountancy body or holder of an equivalent qualification