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- Tasks: Lead finance transformation projects and develop consulting teams in the insurance sector.
- Company: Join a top global consulting firm known for its innovative solutions in financial services.
- Benefits: Enjoy remote work, a competitive salary, bonuses up to 30%, and equity options.
- Why this job: Be part of a dynamic team shaping the future of finance in the insurance industry.
- Qualifications: Extensive experience in finance transformation and a strong network in the insurance market required.
- Other info: Opportunity for personal and professional growth in a fast-paced, supportive environment.
The predicted salary is between 108000 - 252000 £ per year.
Position: Finance Function Transformation – Associate Director – Insurance
Location: UK Wide – Remote Working
Base salary up to £180K plus benefits, bonus up to 30% and equity.
Our client is a highly regarded, well-respected listed Global consulting firm focused on multi-competence transformational consulting into the Financial Services Sector. The business has experienced considerable growth year on year over the last 2 decades, through acquisition, service and client proposition development and a reputation for best-in-class client delivery.
Within the UK and European Insurance sector, they have a very established CTO and COO advisory practice and are looking to recruit a number of individuals at Associate Director level to support the growth and further build out of their UK Finance Function Transformation practice focused on the G.I and specialty Insurance sector.
The roles are classic practice build leadership positions where you will be tasked to scale the existing consulting team at all levels, develop capability and competence of the existing team members and develop further the go-to-market proposition and solutions in line with the challenges that the CFO offices across the Insurance sector are facing now and in the future.
You will be responsible for providing leadership, guidance and inspiration to a number of direct and indirect reports, supporting their personal and professional development.
The Transformation practice currently covers both strategy and implementation in the areas of Regulatory change compliance such as IFRS 17 as well as broader Finance Function change such as:
- Finance Target Operating Model Design
- Improvements in accuracy and cost optimisation across P2P, R2R, O2C, FP&A
- Systems Architecture
- Chart of Accounts
- General Ledger
- Data Analytics
We are looking for a number of senior consulting professionals with extensive experience in Finance Transformation (CFO Advisory) consulting within the UK & European Insurance marketplace. You will need a proven track record in supporting the build of a CFO Advisory practice, an extensive network of clients and contacts and an individual recognised in the industry as a trusted advisor.
You will need excellent knowledge of the key technologies and systems involved in insurance finance including Actuarial models, ERP systems, Consolidation tools, Reporting/Analysis tools and data platforms as well as a full awareness and understanding of Insurance reporting standards, requirements and compliance.
On a broader level, it is expected you have knowledge of Insurance Finance including leading practice reporting processes, controls and risks in addition to knowledge and understanding of key technology trends in Insurance including migration to Cloud, SaaS, Automation, Big Data.
You will be highly articulate, persuasive, creative in thinking with a high level of attention to detail. We are seeking individuals who are looking for full life cycle transformational project work and to that end you will need a high degree of commercial acumen and an ability to see things through.
Associate Director - Finance Transformation employer: Yapay Zeka TR
Contact Detail:
Yapay Zeka TR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate Director - Finance Transformation
✨Tip Number 1
Network strategically within the insurance and finance sectors. Attend industry events, webinars, and conferences to connect with professionals who are already in roles similar to the Associate Director position. Building relationships can lead to valuable insights and potential referrals.
✨Tip Number 2
Stay updated on the latest trends and technologies in finance transformation, particularly those relevant to the insurance sector. Familiarise yourself with key topics like IFRS 17, cloud migration, and data analytics, as this knowledge will help you engage in meaningful conversations during interviews.
✨Tip Number 3
Prepare to discuss your previous experience in building CFO advisory practices. Be ready to share specific examples of how you've led teams, developed capabilities, and implemented successful finance transformation projects, as these will demonstrate your suitability for the role.
✨Tip Number 4
Research the company thoroughly, including their recent projects and client success stories. Understanding their approach to finance transformation will allow you to tailor your discussions and show how your vision aligns with their goals during the interview process.
We think you need these skills to ace Associate Director - Finance Transformation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Finance Transformation and consulting within the Insurance sector. Use specific examples that demonstrate your leadership skills and successful project outcomes.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your passion for the role. Mention how your background aligns with the company's goals and the specific challenges faced by CFO offices in the Insurance sector.
Highlight Relevant Skills: Emphasise your knowledge of key technologies and systems in insurance finance, such as Actuarial models and ERP systems. Make sure to include your understanding of regulatory compliance and reporting standards relevant to the industry.
Showcase Your Network: If you have an extensive network of clients and contacts in the Insurance marketplace, mention this in your application. It demonstrates your credibility and ability to contribute to the growth of the CFO Advisory practice.
How to prepare for a job interview at Yapay Zeka TR
✨Showcase Your Transformation Experience
Be prepared to discuss specific examples of your previous work in finance transformation, particularly within the insurance sector. Highlight your role in building CFO advisory practices and how you contributed to successful projects.
✨Demonstrate Industry Knowledge
Familiarise yourself with the latest trends and technologies in insurance finance, such as IFRS 17 compliance and cloud migration. Being able to speak knowledgeably about these topics will show that you are well-informed and ready to tackle current challenges.
✨Highlight Leadership Skills
As this role involves leading a team, be ready to discuss your leadership style and how you've inspired and developed team members in the past. Share examples of how you've guided teams through complex transformations.
✨Prepare Thoughtful Questions
Have a list of insightful questions ready to ask the interviewers. This could include inquiries about their current challenges in finance transformation or how they envision the growth of their consulting practice. It shows your genuine interest in the role and the company.
