Head of North America External Reporting

Head of North America External Reporting

Division: Finance - Reporting, Accounting & Tax

Key Relationships: Executive Management, US CFO, Finance Leadership Team, Head of Group Reporting, US Management Committees, Finance, Group Actuarial and Strategic Finance, Data Management, Ceded Reinsurance, US Regulators, Group Auditors and other Business Users.

Job Summary

Beazley plc is seeking an experienced and strategic Head of North America External Reporting to lead all Statutory and Regulatory Reporting for the US & Canadian entities. The successful candidate will form a close relationship with the CFO, ensuring a clear scope and framework for delivery, and will work closely with the rest of the finance team to ensure a consistent message across analytics, business planning, and more.

Key Activities & Areas of Responsibility:

Leadership Responsibilities

Foster a culture that values employee experience, empowerment and wellbeing alongside amplifying the team's overall capabilities

Develop and lead a sizeable team with a focus on customer service to provide best in class service. Ensure that all employees have the knowledge and skills necessary to perform effectively in their given roles, especially in relation to management responsibility. You will work with them to ensure effective training and coaching is provided to aid future career progression

Key Activities

• Delivery of Reporting Services: Oversee the delivery of all reporting services for all North American platform entities, primarily Statutory & Regulatory. This includes, but is not limited to:
• Closure & Production of the accounts for both group and stand-alone statutory purposes
• Submission of all regulatory reporting to the respective Regulators
• Ownership of the Chart of Accounts
• Senior Level Review: Conduct senior level reviews of US & Canadian entity outputs to ensure accuracy and compliance.
• Relationship Management: Form close relationships with the CFO to ensure a clear scope and framework for the delivery of finance services.
• Production of papers for relevant boards and committees: Produce high quality outputs that can be used within the relevant Boards and committees to support the outputs of the team. This should require minimal input from the CFO/Business Manager where the Reporting team is the owner of the paper.
• Analytics Development: Develop a suite of analytics that can be used to support the reporting. This will be aligned with any analytics produced for the other Platforms and Group Reporting where appropriate. This analytics will support the robustness of outputs but also give the CFO support where requested.
• Collaboration with Finance Teams: Work closely across the finance structure to ensure a consistent message across various functions, including analytics and business planning.
• KPI Development and Monitoring: Develop and monitor key performance indicators (KPIs) to measure the success of delivery.
• Financial Impact Assessment: Ensure that the financial impact of key business decisions is considered and communicated effectively.
• Team Leadership: Manage direct reports who own the production of outputs for the all North American Platform entities. The role will also be responsible for leading and acting as an SME in change activity.

Core competencies

Core competencies in addition to those noted as specific requirements for the role and which are considered to be pertinent to the Expense team are as follows:

• Communication and storytelling: Excellent storytelling, communication and presentation skills to effectively convey financial insights, analysis and recommendations to decision makers
• Advanced technology literacy/proficiency: Ability to exploit digital technologies to drive better outcomes for finance and the business.
• Problem-solving: Ability to challenge assumptions, identify root causes and develop effective solutions
• Relationship building and collaboration: Proven ability to build strong relationships with business unit leaders and stakeholders. Ability to collaborate with technology teams to design intuitive reports, analyses and dashboards
• Continuous improvement: Ability to define success criteria and establish measurable metrics for monitoring tool utilization and quality. Ability to work effectively on a team that uses agile principles to continuously iterate the delivery and development of financial tools and solutions.
• Professionalism: Consistently demonstrates integrity, is highly credible, respectful and trustworthy and represents the expense team in a professional manner. Builds and maintains successful working relationships and is seen to go the extra mile
• Learning and development: Identifies strengths and weaknesses and seeks to improve performance. Recognises and takes responsibility for mistakes and learns from them. Continually seeks self-development opportunities. Regularly engages in self-assessment and gives/receives feedback to enhance personal awareness
• Adaptability: Effectively manages changing priorities in a dynamic environment. Seeks training opportunities to understand new working methods. Proves resilient in uncertain and difficult situations and adapts approach/plans/style as required.
• Responsibility and Accountability: Assumes full responsibility for the consequences of own behaviour and decisions. Delivers on commitments to clients demonstrating reliability and dependability. Admits mistakes and takes responsibility for correcting them.

General

It is important that within all your interactions both internally and externally you adhere Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing. We also expect Beazley employees to:

• Comply with Beazley procedures, policies and regulations including the code of conduct
• Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system
• Display business ethics that uphold the interests of all our customers
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date
• with developments in these areas. This may include, amongst others, Beazley's underwriting control standards, Beazley's claims control standards, other Beazley standards and customer relationship management
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups
• Personal Specification:
• We are a flexible and innovative employer offering a friendly, collaborative, diverseandinclusive working environment. We actively encourage and expect applications from all backgrounds.We empower people to choose where to work given the work they need to do. Collaboration in office spaces is important but we do not mandate a set number of days in the office or from home - you decide what works best for you and the role you are in. Beazley will offer the person a competitive salary and discretionary bonus with a strong benefits package including commuting reimbursement, free in-office lunch, excellent parental leave and financial physical and mental wellbeing contributions among others.

Relevant qualifications and capabilities are listed as follows:

Education and Qualifications

• Experienced qualified accountant (CPA), with post-qualified experience in insurance
• Understanding of various accounting bases, including GAAP, IFRS, and US Statutory reporting
• Excellent knowledge of US insurance regulatory requirements, NAIC and various state regulatory mandatory
• Accounting and reporting concepts/theories, including experience with reinsurance accounting/risk transfer analysis, invested assets, corporate taxation, capital requirements, technical accounts, and the interaction of these

Capabilities

• Coaching & leadership skills
• Stakeholder management and relationship building
• Customer focus with strong attention to detail
• Understanding of controls frameworks including documentation
• Experience of a deadline driven environment
• Analytical / Problem solving / Decision making
• Creativity / Innovation