At a Glance
- Tasks: Lead finance transformation projects in the insurance sector, mentoring teams and guiding clients through change.
- Company: Join a respected global consulting firm known for its collaborative culture and client-centric approach.
- Benefits: Enjoy a competitive salary, 30% bonus, hybrid working model, and excellent career progression opportunities.
- Why this job: Be part of a dynamic team driving impactful change in the insurance industry with a focus on innovation.
- Qualifications: Experience in finance transformation within insurance, knowledge of key technologies, and strong leadership skills required.
- Other info: Work remotely across the UK with a diverse and energised workforce committed to excellence.
The predicted salary is between 84000 - 196000 £ per year.
Position: Finance Function Transformation Senior Managers – Insurance
Industry: Management Consulting
Vertical: Financial Services – Insurance
Location: UK Wide – Remote Working
Package: Basic Salary up to £140K plus 30% Bonus and benefits package
Background
Our client is a highly regarded, well-respected listed Global Boutique consulting firm focused on 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. They are currently looking to develop and expand their consulting proposition within the UK & European Insurance market and are looking for a number of highly talented consultants at varying levels to join the business with particular focus and expertise in Finance Function Transformation. The business operates with a 1 team philosophy with regards to consulting engagements and as such is naturally collaborative in nature. Culturally the business is non-political with an energised and diverse workforce who demonstrate a client centric can do attitude. Joining the business you can expect an excellent compensation package including a bonus which has paid out consistently over the last decade, a true hybrid working model and career progression opportunities based on individual merit.
The Roles
These are classic client facing C-suite (CFO) Insurance Sector consulting roles covering Life, Non-Life & Speciality, where you will be leading / working as part of a Finance Transformation team running large scale projects, programs and client workshops: leading, coaching and mentoring teams of Managers, Consultants and Senior Consultants at varying levels of experience as well as guiding the incumbent client Finance teams through the change and Transformation program. The Transformation practice 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.
The Candidates
As mentioned we are looking for a number of Senior Managers for the business. Your experience will have been gained from within another global consulting organisation (operating currently at Senior Manager or equivalent) focused on Finance Transformation within the Insurance sector. In order to be successful you will need a working 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 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. It is expected you have a working knowledge of the end to end finance systems architecture, how each of the components are linked and technologies which are available in the market and with this a demonstrable ability to design the strategic finance systems architecture required given client requirements and build the transition states and roadmaps required. As an individual you need to be very much a natural self-starter, a pro-active team player who is genuinely passionate about building high performance teams and experienced in working in a multi-disciplined environment.
Please be rest assured of discretion and confidentiality and all contact is in line with GDPR.
CFO Consulting Senior Managers – Insurance employer: S.I.S Executive
Contact Detail:
S.I.S Executive Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land CFO Consulting Senior Managers – Insurance
✨Tip Number 1
Network with professionals in the insurance and finance transformation sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 2
Familiarise yourself with the latest trends in insurance finance, particularly around IFRS 17 and cloud migration. Being well-versed in these topics will not only boost your confidence but also demonstrate your commitment to staying current in the field.
✨Tip Number 3
Prepare to discuss your experience in leading finance transformation projects. Be ready to share specific examples of how you've successfully managed teams and guided clients through complex changes, as this will be crucial in showcasing your fit for the role.
✨Tip Number 4
Research the consulting firm's recent projects and achievements in the insurance sector. Understanding their client base and the challenges they face will allow you to tailor your discussions and show how your expertise aligns with their goals.
We think you need these skills to ace CFO Consulting Senior Managers – Insurance
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the CFO Consulting Senior Manager position. Familiarise yourself with finance transformation in the insurance sector and the specific skills needed.
Tailor Your CV: Customise your CV to highlight relevant experience in finance transformation and consulting within the insurance industry. Emphasise your leadership roles, project management experience, and any specific technologies or methodologies you have worked with.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance transformation and your understanding of the insurance market. Use specific examples from your past experiences to demonstrate how you can contribute to the company's goals.
Highlight Key Achievements: In both your CV and cover letter, focus on quantifiable achievements that relate to finance function transformation. Mention successful projects, improvements in processes, or any awards or recognitions you've received in your career.
How to prepare for a job interview at S.I.S Executive
✨Showcase Your Expertise in Finance Transformation
Make sure to highlight your experience in finance transformation, particularly within the insurance sector. Be prepared to discuss specific projects you've led or contributed to, focusing on the outcomes and how you navigated challenges.
✨Demonstrate Your Knowledge of Key Technologies
Familiarise yourself with the latest technologies and systems used in insurance finance, such as ERP systems and data analytics tools. Be ready to discuss how these technologies can enhance finance functions and improve compliance with reporting standards.
✨Emphasise Your Leadership Skills
Since the role involves leading teams, be prepared to share examples of how you've successfully coached and mentored others. Highlight your ability to foster collaboration and build high-performance teams in a multi-disciplined environment.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Think about how you would approach common challenges in finance function transformation and be ready to articulate your thought process clearly.