Senior Finance Architect (12 month FTC)

ABOUT US

Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Copenhagen, Miami, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website www.chaucergroup.com

About the Role

We are seeking a Senior Finance Architect with expertise in insurance finance systems to lead the design, integration, and optimisation of financial systems with a focus on the specialty (re)insurance market. This role will ensure that financial technology solutions align with enterprise-wide architecture, regulatory requirements, and strategic business objectives.

You will be responsible for defining and communicating the target finance architecture, driving technology transformation, and ensuring seamless integration and data flows between relevant platforms. A key part of the role will be ensuring compliance with relevant regulations while leveraging emerging technologies.

Expertise in finance systems including Peoplesoft, Phinsys, Oracle is essential.

Key Responsibilities

Finance Architecture

• Define and implement the finance technology architecture to support the function's transformation.
• Develop and maintain finance enterprise architecture roadmaps, ensuring scalability, resilience, and alignment with business strategy.
• Ensure seamless integration of financial systems with underlying platforms.
• Drive standardisation and governance in financial data architecture, ensuring consistency across the organisation.

Technology Integration & Transformation

• Architect financial reporting solutions to meet Solvency II, IFRS 17, and Lloyd's regulatory requirements.
• Leverage cloud platforms and automation tools to streamline financial processes, including premium accounting, bordereaux management, and reconciliations.
• Partner with finance, actuarial and underwriting teams to enhance financial analytics and forecasting capabilities.

Regulatory Compliance & Risk Management

• Ensure finance systems comply with UK and Lloyd's market financial regulations, including Solvency II, IFRS 17, UK GAAP, and FCA requirements.
• Design risk and controls frameworks within financial system architecture to support compliance and audit requirements.

Skills & Competencies

• Relevant experience in enterprise architecture within financial services, ideally in the specialty insurance market.
• Expertise in finance systems including Peoplesoft, Phinsys, Oracle
• Experience with Lloyd's of London, Solvency II, IFRS 17, and insurance financial reporting standards.
• A good understanding of policy admin, claims, risk and actuarial systems from an architecture perspective.
• Experience in data management including architecture, governance and quality
• Excellent leadership, stakeholder management, and communication skills.

Why Chaucer

An established market leading Insurer, where over the past 5 years, the Chaucer Group has seen significant and successful growth. In 2019, we wrote $1.4bn of Gross Written Premium, closed 2023 with $2.7bn, and are on track to write well over $3bn in 2024.

This is an exciting time for Chaucer; we have the people, the platforms, the expertise and the relationships to continue our recent success. We will remain focussed on the areas where we can provide the most expertise and value to our brokers and clients.

Hybrid working

We have no appetite to change this, whilst the market is steadily moving back to 4/1 working days, we are continuing to operate on a much more flexible hybrid basis with Heads of teams working closely with employees to strike a balance of what works best in their area. Our approach has been immensely popular and a successful way of working for the business and all employees at Chaucer.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation).

A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.

We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.

Benefits - Extensive, non-contributory benefits, including pension, medical insurance, life insurance, flexi benefits, options for buying and selling holidays, not to mention a diverse and inclusive culture, we pride ourselves on managing employees welfare. We have a wide range of other benefits on offer.