Senior Covenant Manager

This is an excellent opportunity for a Senior Covenant Manager to play a pivotal role within the accounting and finance department of an insurance-related organisation. Based in Leeds, this position focuses on evaluating and managing covenant risks while supporting strategic financial initiatives.

Client Details

This organisation operates within the insurance industry and is recognised as a medium-sized entity with a strong focus on financial planning and risk management. The company is committed to fostering a professional and supportive working environment for its team members.

Description

• Evaluate and assess employer covenant risks across a portfolio of clients.
• Prepare detailed covenant analysis reports to inform strategic decision-making.
• Maintain close relationships with key stakeholders to gather and interpret financial data.
• Support trustees and committees with insights on covenant-related matters.
• Advise on appropriate funding and investment strategies tailored to covenant strength.
• Monitor external market conditions and identify potential risks or opportunities.
• Contribute to the development and implementation of risk management frameworks.
• Assist in the preparation of regulatory submissions and compliance reports.

Profile

A successful Covenant Manager should have:

• Strong knowledge of the insurance industry and financial risk assessment.
• Proficiency in analysing financial statements and covenant metrics.
• Experience working within accounting and finance, with a focus on risk management.
• Excellent communication skills for stakeholder engagement and reporting.
• A relevant professional qualification in accounting, actuarial science, or finance.
• Ability to work independently and meet deadlines in a fast-paced environment.

Job Offer

• Salary up to £80,000 with performance-based bonuses ranging from 7-15%.
• 27 days of annual leave, plus bank holidays.
• Generous pension scheme with 12% employer contribution and 4% employee contribution.
• Hybrid working arrangement offering flexibility between office and home.
• Opportunity to join a growing team within a rewarding organisation.

If you are based in Leeds and looking for a fresh challenge in the insurance industry, apply now to become part of a forward-thinking organisation.