The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
The Finance Transformation Lead will design, implement, and embed finance processes, systems, and controls. The role will work across both the MGU and syndicate/Managing Agency areas and provide strategic and hands-on leadership in establishing robust and scalable finance processes.
This role will drive end-to-end transformation of finance operations — including reporting, ledger setup, financial controls, planning & forecasting processes, and integration with underwriting, actuarial and operations teams. The role reports to the Syndicate CFO.
Key accountabilities
Finance operating model design and set-up for syndicate business:
Support system selection and implementation for general ledger, reporting tools, data architecture, and automation solutions.
Oversee development of reporting processes for regulatory returns and syndicate reporting.
Work with IT, underwriting and actuarial teams to ensure data flows integrate smoothly into the finance function.
Drive improvements in data quality, transparency, and accessibility for reporting and decision making.
Finance process transformation:
Develop and implement finance processes and workflows in line with business and regulatory requirements.
Work closely with underwriting, operations, actuarial, risk, and compliance to align financial processes with business needs.
Collaborate with external advisors, auditors, and vendors as required.
Act as a trusted advisor to senior stakeholders on finance improvement initiatives.
Change & Transformation Leadership
Own the finance transformation roadmap and milestone delivery.
Lead change management activities to embed new processes across the business.
Prepare business cases and project documentation, including resource planning and progress reporting to ManCom/ExCo.
Foster a continuous improvement mindset and scalable operational model.
Play a leadershiprole in the Syndicate team culture of high performance and inclusion:
Agility in approach and appropriately directed escalation and constructive challenge
Provide mentoring/guidance/delegation/management (as appropriate) to other team members
Champion high-standards of technical excellence and knowledge sharing
Is inclusive in approach to communication and actively fosters a collaborative culture
Solutions oriented with new and innovative approaches considered to radically transform approaches and unlock value
Skills & experience
A professional accounting qualification (ACA, ACCA, CIMA or equivalent)
Experience leading finance teams/transformation within a Lloyd’s or London Market insurance business.
Strong knowledge of finance operations including financial/technical accounting, reporting cycles, and controls.
Experience designing or implementing finance processes in a start-up, syndicate launch, or transformation environment.
Excellent project management, stakeholder engagement, and communication skills.
Ability to operate strategically and execute hands-on delivery.
Other
The Fidelis Partnership Ethos
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity, Equity & Inclusion
Diversity & Inclusion in the workplace
Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
We aim to maintain a focus on equal opportunities across all stages of hiring process
We measure and minimise the pay gap where possible.
Bring Your Whole Self to Work
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity & Inclusion at every level, in every department across The Fidelis Partnership.
To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact fidelis@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
