Created in 2019, EICL was the UK's first ever insurtech to secure its own insurance licence. Authorised and regulated by the Gibraltar Financial Services Commission, we provide underwriting capacity to the group MGA, Zego, for commercial motor customers in the UK.
Trail blazers, industry disruptors, game changers. Whatever you call us, we're setting a new standard for insurance, and helping businesses to reach their full potential along the way.
www.extracoverinsurance.com
What you'll be doing{{:}
}Strategic Leadershi
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- Develop and execute EICL's financial strategy in alignment with the group's growth and capital objective s
- Advise the Board and executive team on financial planning, regulatory compliance, and commercial opportunitie s
- Play an active role in strategic decision-making as part of the senior leadership team
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Solvency Capital & Treasury Managemen
- tOversee SCR (Solvency Capital Requirement) management and treasury operations at EICL, working closely with the Group Head of Finance Strategy to ensure efficient capital allocation and liquidity management
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Financial Operations & Management Accountin
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- Lead all aspects of management accounting, ensuring accurate, timely, and insightful financial information for local and group purposes.
- Oversee and mentor the Financial Accountant in the tea m
- Collaborate with the Director of FP&A and the Group finance team, who provide primary support for forecasting and reporting, to ensure EICL's reporting requirements are met
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Audit, Compliance & Regulatory Suppor
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- Act as the principal contact for internal and external auditors, ensuring audit processes are well managed and regulatory obligations are me t
- Act as the principal contact for the GFS C
- Support the annual ORSA (Own Risk and Solvency Assessment) process and maintain effective internal controls and compliance frameworks
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Commercial & Business Suppor
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- Partner with business leaders to provide financial input to commercial negotiations, pricing, and partnership arrangement s
- Support management with ad hoc financial analysis and scenario planning as require d
- Manage relationships with banks and investment managers
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Systems Transformation & Process Automatio
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- Drive the automation and standardisation of finance processes at EICL by leading the transition to the group ERP system (NetSuite), in close collaboration with the group finance tea m
- Promote a culture of continuous improvement and efficiency within the finance functio n
What you will need to be successful in the role{{:
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- } Proven experience in senior finance leadership within regulated insurance or financial services, with strong strategic and operational capabili t
- y In-depth knowledge of solvency capital requirements (SCR), treasury operations, and regulatory frameworks including ORSA and GFSC engageme n
- t Strong technical expertise in management accounting, forecasting, and group-level financial reporti n
- g Demonstrated ability to lead audits, ensure compliance, and maintain robust internal contro l
- s Commercial acumen with experience supporting business decisions, pricing, partnerships, and financial scenario analys i
- s Effective leadership and team development skills, with a hands-on approach and ability to work in lean environmen t
- s Experience driving finance systems transformation and process automation, ideally with ERP platforms like NetSui t
- e Excellent stakeholder management, with the ability to influence cross-functional teams and manage external relationships (e.g. banks, auditors, investment partner s
- ) A mindset of continuous improvement, with a focus on scalable and efficient finance operatio n
- s Recognised financial qualification (e.g. ACA, ACCA, CIMA or equivalen t
) How we wo
rkWe believe that teams work better when they have time to collaborate and space to get things done. We call it Zego Hybrid. We ask you to spend at least one day a week in our Gibraltar office. We think it's a good mix of collaborative face time and flexible home-working, setting us up to achieve the right balance between work and lif
e.Our approach to
AIWe believe in the power of AI to meaningfully improve how we work - helping us move faster, think differently, and focus on what matters most. At Zego & EICL, we encourage people to stay curious and intentional about how AI is leveraged in their work and teams to drive practical impact every day. This is your chance to do the most meaningful work of your career - and we'll provide you with the tools, support, and freedom to do it wel
l.Note{{:}} The primary location for this role would be either in Gibraltar or nearby in Spain. However, occasional travel to the London office may be require
d. To be considered for this role, you must be located in / OR willing to relocate to Gibraltar or nearby Sp