At a Glance
- Tasks: Partner with senior stakeholders to provide financial insights and drive business improvements.
- Company: Join a global Corporate & Specialty Insurer with over 120 years of experience.
- Benefits: 12-month fixed term contract with competitive salary and professional development opportunities.
- Other info: Opportunity for continuous improvement and career growth in a supportive team.
- Why this job: Make a real impact by influencing financial decisions in a dynamic insurance environment.
- Qualifications: Experience as a Finance Business Partner and knowledge of the insurance industry.
The predicted salary is between 60000 - 70000 £ per year.
About us
Avencia Talent Solutions is partnered with a Corporate & Specialty Insurer. With over 120 years of experience, they operate across five continents, around 40 countries and employ over 5,000 people worldwide. This position is a 12 month fixed term contract.
The role
- To partner senior business stakeholders, providing insight for better decision making and leading on any financial elements requested.
- Support the business, effectively communicate the monthly result for UK and Ireland.
- Facilitate an efficient and effective annual planning process and quarterly forecast.
- Identify areas of improvement both in the business and finance, driving change where required.
Key accountabilities
- Business Partnering
- Partner the Underwriting team, providing financial insights into the corporate lines of business.
- Assess and challenge business cases for new products, ad hoc projects and other new opportunities.
- Educate the business to build financial acumen across the teams to enable stakeholders to interpret the results themselves which will lead to better underwriting decisions in the future.
- Look externally to spot and assess trends outside of the branch and subsidiary that can help drive the business forward and ultimately lead to better decisions.
- Reporting
- Oversee the production of the Monthly Finance Packs to support the business in understanding the financial result for UK and Ireland.
- Ownership of the Home Office reporting requirements including premium analysis, performance overviews and adhoc requests.
- Oversee the quarterly premium accruals process and premium flash reporting.
- Improve the availability of financial data and MI, analysing trends to support better and faster business decisions.
- Planning and Forecasting
- Support with facilitating the annual 5 year planning process, challenging the inputs received from the business for both the insurance P&L and expense budgets.
- Support the Finance Analyst with the Plan and Forecast P&L production process ensuring alignment with Home Office timetables and deliverables.
- Lead the implementation of the chosen Corporate planning tool, including design, and roll out to the Corporate business.
- Process Improvement/Risk and Controls
- Understand the data flow within the company and suggest improvements to create greater consistency between MI reporting and financial reporting.
- Drive continuous improvement of existing financial processes to satisfy business requirements and support commercial decision making; driving automation where possible.
- Design, implement and maintain process controls.
- Ensure documentation of processes is accurate, up-to-date and accessible.
Skills & experience
- Prior experience as a Finance Business Partner.
- Ability to partner with senior stakeholders.
- Insurance Industry experience.
Finance Business Partner – 12 month FTC in London employer: Avencia Talent Solutions Limited
Avencia Talent Solutions offers a dynamic and supportive work environment as a Finance Business Partner, where you will play a crucial role in driving financial insights and decision-making for a leading Corporate & Specialty Insurer. With a strong emphasis on employee growth and development, the company fosters a culture of collaboration and innovation, providing opportunities to enhance your financial acumen while working alongside experienced professionals in a global setting. Located in the UK and Ireland, this role not only allows you to contribute to meaningful projects but also to be part of a well-established organisation with over 120 years of industry experience.
Contact Details:
Avencia Talent Solutions Limited Recruitment Team
