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Insurance Finance Manager (12 month FTC)

Job Introduction

Finance Manager  – Insurance         

Salary £55,000 to £60,000 per annum

12 Month FTC

FT – 35 hours per week

London Hybrid 

As a Finance Manager, you will be responsible for assessing and improving the month-end process of the Home product for SAGA's in-house underwriter, Acromas Insurance Company Limited (AICL).

You will be accountable for facilitating the definition of an accurate month-end process for Home and its migration to the new accounting system Workday. You will also be responsible for all aspects of general ledger accounting and reporting, working within the R2R team and the rest of the FR&C team.

You will be working in Saga’s largest finance team within our Insurance Community. This technical finance team manage the accounts receivables and full reporting of transactions for over 1.5 million customers across our main insurance products: Home and Motor.

** Remote working with a homebased or hybrid approach, you will be required to visit our Ashford, Kent hub on occasions. If you are based in the South East, you will be welcome to visit more often. This will be discussed during the process.

Role Responsibility

Our Finance Manager will report directly to the Financial Controller and will collaborate with the Record2Report team, FR&C team and the Home Actuaries. You will be fully accountable for the following areas;

  • Understanding AICL’s current month end process for the home insurance product, including both internal and external reporting requirements
  • Performing current month-end tasks and delivery of reports to the reinsurance partners in line with agreed timescales
  • Definition of a plan to streamline and automate current process to adapt it to changing business needs.
  • Identifying and eliminating inefficiencies in the transition to new process.
  • Integrating Home reporting into the wider AICL month end process, ensuring both comprehensive process notes and effective controls are in place
  • Facilitating the migration of the Home ledger onto the new accounting system (Workday).

The Ideal Candidate

Our ideal Finance Manager would be ACA/ACCA/CIMA qualified, with experience in finance transformation projects. Whilst experience working for an underwriter would be advantageous, we are keen to consider candidates from all areas of the wider Insurance industry.

You will need to demonstrate the following skills and experience;

  • Analytically strong with the ability to challenge and interrogate, facilitating the ability to identify anomalies or inconsistencies and pursue these through to a resolution
  • Excellent communication and interpersonal skills with a range of colleagues at varying levels
  • Able to quickly establish credibility, winning the respect and co-operation of colleagues
  • High integrity and objectivity, capable of selling ideas and implementing change
  • Inquisitive, and strong desire to understand the “why” behind processes in order to perform them better and identify opportunities
  • Able to work independently without constant oversight
  • Relish the challenge of working to tight deadlines and during periods of pressure


Package Description

Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.

We offer total flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich.


  • Our working week is 35 hours per week, these can be worked flexibly to suit your working style
  • 25 days holiday + bank holidays
  • Option to purchase additional leave up to 5 extra days
  • Pension scheme matched up to 10%
  • Life assurance policy on joining us
  • Wellbeing programme
  • Colleague discounts including family discounts on cruises and holidays
  • Range of reductions and offers from leading retailers, travel groups and entertainment companies
  • Enhanced maternity and paternity leave
  • Grandparents leave
  • Income protection
  • Access to Saga Academy, our bespoke learning platform

About the Company

Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high quality products and exceptional standards of service. These include cruises and holidays, insurance, personal finance and the Saga Magazine.

At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity not just because it is the right thing to do, but because diverse teams perform better.

Fair consideration is given to applications from all applicants, including those with disabilities and those over who are over 50 as we are champions of age inclusivity. We are an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required. For more information on our DEI policies please visit our Saga Careers page.

Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner.


Saga Group


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