At a Glance
- Tasks: Support Finance systems, enhance processes, and manage user queries in a dynamic environment.
- Company: Join a leading specialty insurance organisation with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for growth.
- Other info: Collaborative team culture with a focus on continuous improvement.
- Why this job: Make a real impact on finance processes and work with cutting-edge technology.
- Qualifications: Experience in finance systems, strong SQL skills, and analytical mindset.
The predicted salary is between 50000 - 65000 £ per year.
Albany Beck are seeking an experienced Systems Analyst to join a leading specialty insurance organisation’s Finance Product Team. This is a high-impact role supporting the full Finance product lifecycle, with a strong focus on Phinsys BAU (KTLO), continuous improvement, and tactical change delivery. You will work closely with Finance SMEs, Engineering, Data, Service Management, QA and Architecture teams to protect and enhance critical Finance processes including close, reconciliation and reporting.
While Phinsys experience within the Lloyd’s Market is strongly preferred, we will also consider experienced Systems Analysts who have supported finance systems within the insurance sector and can quickly develop SME-level knowledge.
The Role
- Monitor Phinsys during quarterly close cycles and investigate failures.
- Manage and resolve user queries and production issues.
- Maintain and enhance metadata configuration (mappings, posting rules, journal configuration).
- Analyse Finance data flows, integrations and dependencies to identify risks or control gaps.
- Use Azure DevOps and ServiceNow to manage incidents, backlog and change requests.
- Support requirements gathering, design, testing, deployment and documentation.
- Safeguard reconciliations, Finance controls and close accuracy.
Technical Oversight & Delivery
- Coordinate releases and ensure correct sequencing of changes.
- Drive standardisation and simplification of configuration.
- Maintain high-quality backlog management and clear acceptance criteria.
- Contribute to sprint ceremonies, refinement and release planning.
- Ensure robust testing evidence and audit traceability.
- Assess upstream and downstream impacts (mappings, posting rules, integrations).
- Provide analytical challenge and risk insight on proposed change.
- Champion product-centric, continuous improvement ways of working.
- Support the Finance product roadmap and strategy.
- Prepare detailed technical investigations for vendor support.
- Coordinate vendor releases, configuration updates and regression testing.
- Translate Finance requirements into structured system change items.
- Communicate technical concepts clearly to non-technical stakeholders.
- Support training and knowledge-sharing across teams.
Risk & Performance Management
- Identify risks arising from system change or integration dependencies.
- Ensure mitigation plans and audit evidence are maintained.
- Track KPIs including incident volumes, close stability and change success rates.
- Identify opportunities to reduce manual effort and strengthen controls.
About You
- We are looking for someone who is analytical, detail-oriented and comfortable working in regulated, audit-sensitive environments.
- Systems Analyst experience supporting Finance systems within insurance.
- Strong understanding of accounting flows, reconciliations and close processes.
- Strong SQL and database skills.
- Experience investigating complex system configurations and integrations.
- Experience working in Agile environments.
- Strong communication and documentation skills.
- Ability to produce clear, high-impact documentation with minimal volume.
- Proven experience with Phinsys, ideally within the Lloyd’s Market.
- Experience using Azure DevOps and ServiceNow.
- Experience supporting Finance transformation programmes.
Systems Analyst – Phinsys Finance Systems employer: Albany Beck
Albany Beck is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As part of a leading specialty insurance organisation, employees benefit from a strong focus on professional development, with opportunities to enhance their skills in finance systems and contribute to meaningful projects that drive continuous improvement. Located in a vibrant area, the company fosters a culture of inclusivity and support, ensuring that every team member feels valued and empowered to make a significant impact.
StudySmarter Expert Advice🤫
We think this is how you could land Systems Analyst – Phinsys Finance Systems
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors, especially those who know about Phinsys. A friendly chat can lead to insider info on job openings or even referrals.
✨Tip Number 2
Get your hands dirty with some practical experience. If you can, volunteer for projects or take on freelance gigs that involve finance systems. This will not only boost your CV but also give you real-world examples to discuss in interviews.
✨Tip Number 3
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss SQL, Azure DevOps, and your experience with finance processes. Practice common interview questions and have your own questions ready to show your interest.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Albany Beck.
We think you need these skills to ace Systems Analyst – Phinsys Finance Systems
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Systems Analyst role. Highlight your experience with finance systems, especially if you've worked with Phinsys or in the insurance sector. We want to see how your skills match what we're looking for!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past roles that show your analytical abilities and experience with SQL, Azure DevOps, and ServiceNow. This helps us see how you can contribute to our team.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you're passionate about this role and how your background makes you a great fit. We love seeing enthusiasm and a clear understanding of the Finance product lifecycle.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it’s super easy!
How to prepare for a job interview at Albany Beck
✨Know Your Phinsys Inside Out
Make sure you brush up on your Phinsys knowledge, especially if you have experience in the Lloyd’s Market. Be ready to discuss how you've used Phinsys in past roles and how it relates to finance processes like close and reconciliation.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities, particularly in identifying risks or control gaps within finance systems. Think of specific instances where your analysis led to improvements or solutions in previous roles.
✨Familiarise Yourself with Agile Methodologies
Since this role involves working in Agile environments, be prepared to discuss your experience with Agile practices. Share how you've contributed to sprint ceremonies or backlog management in the past.
✨Communicate Clearly with Non-Technical Stakeholders
Practice explaining complex technical concepts in simple terms. You might be asked to demonstrate how you would communicate finance requirements to non-technical team members, so think of examples where you've successfully done this before.