Harry Mack Email & Phone Number

City Of London, England, United Kingdom

London, England, United Kingdom

Leading the implementation and monitoring of adequate internal cost controls.Creating new cost reporting elements for Quarterly Board packs and monthly reports to shareholders with analysis of costs and analysis of actual v budget.Support preparation of Group and statutory financial statements under IFRS and UK GAAP.Liaising with external auditors.Assist with preparation of Group budget.Supporting various sub-projects as part of the larger finance value creation project.

Leading the implementation and monitoring of adequate internal cost controls.Creating new cost reporting elements for Quarterly Board packs and monthly reports to shareholders with analysis of costs and analysis of actual v budget.Support preparation of Group and statutory financial statements under IFRS and UK GAAP.Liaising with external auditors.Assist with preparation of Group budget.Supporting various sub-projects as part of the larger finance value creation project.

Bermuda

Manage a team responsible for accounting and reporting activity involving regular interaction with various stakeholders including cedents, brokers, regulators and auditors (internal & external) Prepare management accounts, year-end GAAP financial statements and quarterly, annual and ad hoc regulatory reporting Prepare regular analytical reviews of financial data Implement and oversee financial reporting controls to ensure compliance with Sarbanes Oxley Assist in the filing of statutory requirements for NAIC Certified Reinsurer statusReview financial information in the reinsurance underwriting system and manage the general ledger

Bermuda

Prepare Group consolidation, Group and reinsurance company financial statements (“FS”) and related disclosures under US GAAP Prepare Group and reinsurance company submissions, including stat returns, FCR, BSCR (consolidated and unconsolidated) in compliance with Bermuda Regulatory requirements Analyse movement in account balances and capital ratio/charges on a quarterly basis, presenting findings to CommitteesAssisting Capital Modelling and M&A teams establishing the impact of acquisitions/significant transactions on the Group’s solvency ratio & regulatory returnsAssist with budget preparation for the GroupCollate and review subsidiary consolidation/reporting, including on-boarding of newly acquired company’s local finance team with regards to Group reporting requirementsImplementation of automated processes around data feeds into the FS disclosures and BSCR model including optimization of Clearwater reports, resulting in significant efficienciesResearch existing and new accounting guidance, including assessment of the impact on the Company and preparation of technical memosCompletion of ad hoc reports including economic substance survey, S&P surveys and shareholder submissions, as well as capital models for potential and recent acquisitions/LPTsCoordinate with external auditors during year-end auditsAssisted with the reinsurance function including claims management, analysis of claims received against contract terms, reviewing LoCs, booking journal entries, preparing reconciliations and preparing payment requests for approved claimsCoaching/onboarding junior team members and aiding non-financial specialists with understanding of FS and BSCR/capital modelling processes

Bermuda

Prepare consolidated and standalone financial statements and disclosures under US GAAP for both (re)insurance and investment companiesPrepare consolidation schedule of over 40 entities worldwide including preparation of elimination entries and topside entriesPrepare submissions in compliance with Bermuda Regulatory requirements such as stat returns and BSCR (consolidated and unconsolidated)Preparation of quarterly management accounts, management reporting packs and cash flow statements as well as reconciliations and variance analysis/MD&ACoordinate with company specialists for reinsurance contracts (e.g. underwriters, actuaries, claims staff), prepare memos regarding accounting treatment and prepare journal entriesReconciliation of monthly/quarterly bordereau to supporting documentation/contractsMonitor payments to/from counterparties and brokers including calculation of payments due on retro contractsPerform quarterly quota share cession bookings and other month-end/quarter-end journals.Perform review of subsidiary consolidation/reporting packs consisting of Statements of Profit and Loss, Balance Sheets, cash flow statements and supporting schedules and reconciliationsReview of account level reconciliations prepared by junior team members in Bermuda entities and provide coachingPrepare process notes and procedure documentation for FSCP process and sub-processesResearching existing and new accounting guidance, including assessment of the impact on the Company and data requirementsLiaise with external auditors during interim, year-end audits and quarterly reviews for statutory and consolidated GAAP audits Liaise with internal audit in their testing of SoX controls and other ad hoc projects (including implementation of new ERP system)

Bermuda

Audit manager in EY Bermuda's Financial Services Office. Specialized in the audits of commercial life & annuity insurance, property & casualty insurance, reinsurance and captives insurance companies.Worked with a range of clients from public entities to captive reinsurers, reporting under US GAAP, IFRS as well as local statutory/regulatory requirementsManaged teams of 10+ people and reviewed working papers in interim and year-end audits and well as quarterly reviewsPoint of contact for specialists (IT specialists/Actuaries & Tax professionals) and also cross border teams, providing instructions, guidance, advice and also communication of budgets to the relevant team membersPrepared and executed presentations for different company stakeholders for companies of various sizesObtained an understanding of clients’ processes and strategies in the insurance industry in order to identify any areas of potential risk and the impact on the financial statements and conducted this for entities undergoing, and in pursuit of, IPOs and undergoing SEC readinessExperienced with writing and reviewing technical memos on accounting topics such as turnaround effect of misstatements, accounting disclosure misstatements and normalization of earningsExperienced in budgeting, client acceptance procedures and project managementExperienced in analysing actual hours/cost against budget for audits and other projectsPilot user on transition project of audit software at EY and point of contact for colleagues in Bermuda and UK

Inverness, United Kingdom

Working with clients from a variety of industries including oil & gas, film & media and manufacturingWorking on-site with clients as part of a team conducting interim and year end auditsAnalysing precision and safety of client financial records and work processesObtaining an understanding of client processes and identifying areas of strengths and vulnerabilities together with recommending improvements

Icas Professional Accountancy Qualification, Accounting

Obtained Chartered Accountant (CA) Status First time passes in all professional examinations.

Master Of Arts (M.A. Hons), Business Studies & Accounting, First Class (1:1)

Activities and Societies: Edinburgh Business Society; Edinburgh University Trading & Investment Society.

Education record

Achieved Highers in Accounting, Administration, Biology, Business Management, English, French, History & Maths Voted Head Boy in my senior.