Polo Works is a provider of outsourced services within the insurance industry. Due to business growth, a senior finance opportunity is available, reporting to the Head of Client Finance, responsible for financial reporting, processes and controls across non-Lloyd's clients. The successful candidate must have strong insurance accounting experience, first class people management skills and an ability to deal with senior stakeholders both internal and external.
Key Responsibilities
To lead the team providing financial reporting processes for insurance companies across Polo Works, providing leadership and technical guidance to all staff working on these clients. Where remediation, or process redesign is required, this role is expected to lead the change, working with internal and external stakeholders to resolve any issues.
Primary review of the financial results for non-Lloyd's clients, including oversight of the process to ensure integrity and delivery of all regulatory and statutory financial reporting for the entities under management
Responsibility for managing financial compliance
Working with Client Finance Managers, play a leading role in the onboarding of new clients, reviewing/establishing accounting policies, overseeing and establishing an appropriate level of documentation and controls within the client finance team, resolving reporting/processing issues and embedding this into BAU
Preparation of Board and Audit Committee papers, attending either meeting if required
Reviewing and (where relevant) improving financial controls on a rolling basis
Liaison with external auditors on the audit and any relevant internal audit reviews
Management of related tax return data requests
Management of the preparation, interpretation, maintenance and application of accounting policies in accordance with current accounting standards
Work closely with clients on the interpretation of any new accounting standards, preparing technical papers and aligning processes to meet the new requirements
Playing a leading role in finance projects, including IT Financial systems development where relevant
Oversight of the work in the team, but getting into detail, resolving issues and working with clients where required
Training and developing the team in insurance related skills at every opportunity
Working with the Head of Client Finance and the learning and development team to understand skills gaps, identify suitable training and strengthen team knowledge
Decisions taken within defined guidelines for the role and client specific procedures
Skills, Knowledge & Expertise
Insurance industry experience in a reporting role
Detailed regulatory return experience
Experience of leading a team is essential
Driving and implementing change
Excellent organisational skills, ability to multi-task
Strong attention to detail
Highly analytical
Ability to work independently and use own initiative to problem solve
Good teamworking and collaboration skills
Ability to work under pressure and be flexible
Efficient, self-motivated
Good verbal and written communication skills
High levels of integrity and ability to lead on doing the right thing
Qualified accountant
Must be highly proficient with the Microsoft applications, particularly Excel
Demonstrates behaviours aligned to the PoloWorks PRIDE values:Pioneering - we don't stand still
Responsible - We do the right thing
Inclusive - we all play a role
Delivery Focused- we provide services we are proud of
Empowering - we equip people to be their best
Job Benefits
As well as a competitive salary, discretionary annual bonus, and a minimum 24 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay.
You will also have access to company volunteering days, an Electric Vehicle (EV) leasing scheme, an employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel.
Benefits Band 4
About PoloWorks
PoloWorks is the leading provider of UK-based support services to the insurance market. We have built a strong reputation as dedicated and dependable experts in our field. We pride ourselves on our ability to be flexible, responsive, and knowledgeable.
As a leading service support company and turnkey managing agency, our clients choose us because our staff not only have the expertise but also a profound affinity with their business challenges. Our mission is to support, inspire, and develop the insurers of today and tomorrow.
Our clients, whether digital start-ups or well-established organisations, rely on the PoloWorks team to develop and strengthen their businesses. Our clients' goals are our goals. As such we design and deliver bespoke solutions to their specific business challenges.
Recognised as a
Great Place to Work certified company
and listed among the
Best Workplaces in Financial Services & Insurance
, PoloWorks is proud of its positive culture and commitment to its people. With offices in London and Cheltenham, PoloWorks has ambitious growth plans, offering exciting opportunities for anyone joining us on the next phase of our journey.
It's our mission to unleash the potential in every team, and we know that teams perform best when they are diverse and every team member feels that they belong. It is the unique contributions of all PoloWorks colleagues that drive our success, and we are committed to building an inclusive culture where everyone is empowered to do meaningful work and are recognised for their efforts. To that end, we are committed to providing an environment free of discrimination for everyone.
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