Finance Manager

Employer Name Canopius US Insurance Inc   Address 200 South Wacker Drive
Job Type Full-time, Permanent   Address 2
Experience 2 - 5 Years   City Chicago
Education Bachelors Degree   State Illinois
  Zip Code 60606

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Job Description

Main Purpose:
Canopius US Insurance Inc. is part of the Canopius Group one of the top 10 insurers in the Lloyd’s insurance market. This fast paced company is growing its US operations and is looking for a Finance Manager to fill the new created role. This is an opportunity to shape and develop your role while managing a team of direct reports. The role reports to the US Financial Controller and will have exposure to senior management as well as work collaboratively with colleagues in London.
This role mainly focuses on supporting the insurance business in the Chicago office for GAAP/IFRS and Statutory reporting. The Finance Manager will be responsible for the day to day activities of the team, overseeing month-end and quarter close for both GAAP/IFRS and STAT, development and training of team members and projects as applicable.
Responsibilities:
• Oversee financial month-end close and ensure timely submissions to the UK parent (Group)
1. Provide guidance on accounting treatment
2. Review and approve journal entries
3. Review reconciliations
4. Assign and oversee projects to the team, as applicable
• Manage Quarterly and Annual Statutory Reporting
• Responsible for managing core accounting functions, AP/AR, Treasury, Accounting, and FP&A.
• Oversee operations for the finance team, set goal and objectives, and design a framework for these to be met.
• Supervise, develop, and train existing team members
• Analyze current Balance Sheet, clean-up, and management
• Propose and develop accounting policies and procedures
• Assist in overseeing the annual audit
• Liase with Tax consultants and assist in managing the relationship
• Other responsibilities and various projects as assigned

Required Skills

Skills and Experience:
• Bachelor’s or Masters degree in Accounting, CPA is desirable
• P&C Insurance experience preferred
• 3+ years of management experience
• 10+ years’ in an accounting/finance roles with progressive levels of responsibility
• Experience with statutory reporting
• Experience with FP&A preferred
• Proficient in Microsoft Office packages to an intermediate level for Excel
• Demonstrated technical knowledge of GAAP and Statutory reporting
• Experience with Ceded/Assumed Reinsurance is desirable
• Process improvement mind-set – prior experience managing and driving process change and efficiency will be critical for success.
Personal Qualities:
• Strong communication, collaboration and analytical skills
• Ability to meet communicated schedules and deadlines
• Proactive approach to work – able to demonstrate initiative, flexibility, adaptability, efficiency, accuracy and thoroughness
• Ability to interact and communicate at all levels both within and outside the organization.
• Comfortable working cross functionally
• Willingness to challenge the status quo

Canopius US Insurance


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PI128642744

Description of Benefits: Salary / Commissions / Bonuses / Other