Mike Thorn
About Mike Thorn
Mike Thorn serves as the Director of Shared Services Financial Reporting at Legal & General, where he has worked since 2011. He oversees a team responsible for expense processing, financial reporting, and agent commission payments, while also playing a significant role in actuarial liability modeling and finance system control.
Work at Legal & General
Mike Thorn has been with Legal & General since 1997, holding various positions over the years. He currently serves as the Director of Shared Services Financial Reporting, a role he has occupied since 2011. In this capacity, he manages a team responsible for processing and allocating expenses, reporting new business, and paying agents' commissions. His responsibilities also include overseeing the financial reporting for the Life & Pensions business, ensuring the accuracy of accounting records and financial systems. Prior to his current role, he held positions as Head of Group Finance Operations from 2006 to 2011 and Internal Audit Director from 1997 to 2006.
Education and Expertise
Mike Thorn studied at Emanuel and later attended The Open University, where he earned a Master's degree in Business Administration. His educational background supports his extensive experience in finance and operations within the insurance sector. His expertise includes financial reporting, expense management, and the modeling of actuarial liabilities, which are critical for the financial health of the organization.
Background
Mike Thorn has a long-standing career in finance, particularly within the insurance industry. His tenure at Legal & General spans over two decades, during which he has held several key positions that contributed to the company's financial operations. His experience includes managing change delivery to finance systems, ensuring they align with the evolving needs of the business. This background has equipped him with a comprehensive understanding of both operational and strategic financial management.
Achievements
Throughout his career at Legal & General, Mike Thorn has played a pivotal role in enhancing financial processes and systems. His leadership in managing teams focused on financial reporting and expense allocation has contributed to the organization's efficiency. By overseeing the modeling of actuarial liabilities, he has ensured that the company maintains robust financial controls and reporting standards.