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Job Title: Head of Financial Reporting
Reporting to: Group Head of External Reporting and Tax
Direct Reports: 4
Position Type: Permanent
Overview:
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose:
The Head of Financial Reporting will lead the financial reporting function across TMHCC European legal entities, ensuring high-quality statutory, regulatory and financial reporting, timely external audit delivery, and robust governance over reporting controls. The role manages a team of up to 10, and acts as the primary relationship owner for the Group audit.
The role requires a collaborative, agile and credible senior finance leader who can engage effectively with internal and external stakeholders, provide technical accounting leadership, and support strategic change across a complex, regulated insurance environment.
Key Responsibilities:
Financial Reporting, Governance & Regulatory Oversight- Act as owner of UK GAAP accounting policy and partner with Corporate Accounting on US GAAP policy interpretation and implementation.
- Lead technical accounting papers and position papers for significant transactions, acquisitions, restructurings and complex accounting matters.
- Monitor emerging accounting, regulatory and reporting developments, assessing impact on the business.
- Monitor regulatory capital requirements and support senior management decision making through insightful analysis and reporting.
- Prepare and oversee Board, Audit Committee and Executive Committee reporting on financial reporting and regulatory matters.
- Ensure timely and accurate submission of regulatory returns
- Drive automation, process standardisation, simplification and enhanced reporting controls to support strategic finance change.
- Develop trusted partnerships with Finance, Risk, Actuarial, Compliance, Operations, Executive Management, external auditors and regulators.
- Influence decision making through high-quality insight, technical accounting expertise and clear communication at Executive and Board level.
- Lead audit engagement and ensure actions, findings and recommendations are appropriately addressed and embedded.
- Act as the recognised subject matter expert for legal entity reporting, accounting policy and regulatory reporting matters.
- Build, lead and develop a high-performing reporting team aligned to TMHCC’s strategic objectives.
- Set clear accountability, objectives and performance expectations, supported by coaching, mentoring and career development.
- Lead succession planning, capability development and resource planning to reduce key-person dependency and build resilience.
- Promote a culture of accountability, collaboration, wellbeing, inclusion, continuous improvement and technical excellence.
Skills and Experience Specification:
Essential:
- Qualified accountant, preferably ACA, with significant post-qualification experience in general insurance, either within industry or a major accountancy firm.
- Strong technical knowledge of UK GAAP and US GAAP; experience of Solvency UK / Solvency II and IFRS beneficial.
- Proven experience managing external audits, statutory reporting and regulatory reporting in a complex financial services environment.
- Strong leadership capability, including team development, stakeholder management, executive communication and Board-level influence.
- Advanced Excel, financial modelling, analytical judgement and problem-solving skills.
Desirable:
- Experience of Lloyd’s and London Market reporting or a multinational insurance group.
- PeopleSoft and NVision experience
- Experience leveraging AI, automation or advanced analytics to improve finance reporting, controls and process efficiency.
- Understanding of AI governance, data management and technology-related risks within a regulated financial services environment.
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
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