eFinancialCareers

• Company

  Genworth Financial Inc

• Location

  UK-London

• Remuneration

  Competitive + bonus + car allowance + benefits

• Position Type

  Employee

• Employment type

  Full time

• Updated

  17 Nov 2008

• eFC Ref no

  470636

Key responsibilities:

• Working with the European Shared Services Finance team, ensure the development, building and maintenance of robust systems, processes and control for the product line
• Developing/enhancing meaningful metrics to identify and communicate to the business and SLT strong, poor and indifferent performing areas of business and to make recommendations on profitability improvement
• Managing the timely and accurate production of all financial reporting to meet regulatory and management information needs for the profitable development of the business
• Ensuring seamless interaction with Risk on loss forecasting and hedging strategies
• Ensuring that the overall system of financial controls as pertains to Retirement and Protection are in compliance with Genworth’s accounting and governance policies•  Coordinating the oversight of all R&P capital initiatives including assessment of product and legal entity implications
• Actively participating in acquisition due diligence, deal review and analysis of implications
• Provide recommendations for optimal funding of acquisitions
• Ensuring the efficient use of cashflow to maximise investment return in line with Investment guidelines and to provide Finance Management in respect of the Investment Management process as regards
• Retirement and Protection invested assets
• Supporting/participating in rating agencies/regulatory activity – deal approvals, strategic & annual discussions
• Providing strategic analysis, insights and recommendations for reinsurance opportunities for both strategic and operational reinsurance. Engaging with Reinsurance administration and accounting teams to develop and evaluate opportunities
• Responsible for the day to day management of the Finance team and their development

Essential skills & experience:

• Qualified Accountant with substantial insurance experience within the Retirement and Protection area
• Strong understanding of US GAAP and Statutory insurance accounting
• Commercially oriented with a proven track record of providing pragmatic solutions in the context of imperfect data and commercial deal making
• Ability to work cross-functionally and within a matrix organisation
• Effective time and resource management and team building
• Competent in the use of Microsoft office products especially PowerPoint, Excel and Word

Desired skills & experience:

• Strong understanding European Markets and distribution
• Strategic thinker with strong execution discipline
• Experience of working with and Oracle General Ledger and related systems
• Ability to speak multiple European languages