Strategic Finance Lead

Strategic Finance Lead

Full-Time 80000 - 100000 £ / year (est.) No home office possible
Beazley Management Limited

At a Glance

  • Tasks: Lead financial analysis to support strategic decision-making and corporate strategy.
  • Company: Beazley, a leading insurance company with a focus on innovation.
  • Benefits: Competitive salary, professional development, and a collaborative work environment.
  • Other info: Join a team that values boldness, improvement, and integrity.
  • Why this job: Shape the future of finance in a dynamic industry and drive impactful decisions.
  • Qualifications: University degree and professional accounting or actuarial qualification required.

The predicted salary is between 80000 - 100000 £ per year.

Overview

Division: Finance

Reports To: As per Beazley’s organisation chart

Key Relationships: Group Actuary, Corporate Finance, Finance, Corporate Strategy, Actuaries

Job Summary

Lead the Strategic Finance work to build a centre of excellence for financial analysis that enables confident strategic decision-making, directly supports the delivery of Beazley’s corporate strategy.

Key Responsibilities

  • Collaboration & Communication: Drive cross-departmental collaboration, embodying and role-modelling ‘One Finance’. Ensure close collaboration between Capital & Strategic Finance and: Financial Performance, Capital Management, Reporting Accounting & Tax, and the Executive Committee/Boards. Communicate how capital and financial strategies enable execution of corporate priorities and enhance competitive advantage.
  • Financial Strategy Development: Responsible for supporting the development & execution of Beazley’s medium to long-term financial strategies that align with the company's overall goals, as well as providing strategic and actionable recommendations to key stakeholders. This involves:
  • Strategic Planning: Developing comprehensive, integrated financial plans that support business growth, innovation, and sustainability. This includes proposing financial targets, identifying KPIs to track progress against Beazley’s strategic initiatives, and creating roadmaps to achieve these goals, especially through aligning the annual business plan with the medium/long term strategic plan. Embed value-based decision-making frameworks (e.g., RORAC, economic profit) into planning and performance management. Ensure financial strategies are explicitly aligned with Beazley’s long-term strategic objectives and shareholder value creation goals.
  • Scenario Planning: Conducting scenario analyses to prepare for potential future events and uncertainties, ensuring the company can adapt to changing conditions. Support the execution of Beazley’s Financial Strategy through identification of profitable business growth and earlier identification of underperforming lines of business. This will also involve:
  • Supporting the development of solvency forecasts (including stress & scenario testing to guide decision making)
  • Capital allocation/management proposals
  • Assisting on any capital related activities, including Beazley’s capital structure
  • Market Analysis: Continuously analysing market trends, economic conditions, and competitive landscapes to identify opportunities and threats.
  • Resource Allocation: Develop tools and insights to identify and prioritize value creation opportunities across portfolios, products, and geographies.
  • General

    Adhere to Beazley’s core values – Being Bold, Striving for Better, and Doing the Right Thing – in all interactions. Beazley employees are expected to:

    • Comply with Beazley procedures, policies and regulations including the code of conduct, which incorporates the PRA and FCA Conduct.
    • Undertake training on Beazley policies and procedures as delivered by line manager, Culture & People or assurance teams (compliance, risk, internal audit) via direct instruction, e-learning, or the learning management system.
    • Display business ethics that uphold the interests of all our customers.
    • Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
    • Comply with responsibilities outlined by line manager, Culture & People or assurance teams (compliance, risk, internal audit) and stay up to date with Beazley’s underwriting, claims control standards and customer relationship management.
    • Carry out additional responsibilities as notified, including membership of Beazley committees or working groups.

    Personal Specification

    Education & Qualifications: University degree and professional accounting or actuarial qualification

    Skills & Abilities:

    • Proactively seeks to improve processes, raising quality and productivity through efficiencies or by implementing best-in-class solutions.
    • Highly organised with the ability to prioritise and meet deadlines.
    • Excellent stakeholder management and communication skills.
    • Ability to understand, advise and deliver on initiatives to senior management and executive level.
    • Ability to simplify, analyse and explain complex issues.
    • Ability to design and implement complex models.
    • Strong analytical and problem solving skills with attention to detail.
    • Strategic thinker with a proactive and results-driven mindset.
    • Strong capability in linking financial analysis to enterprise strategy and shareholder value creation.

    Knowledge & Experience: Extensive experience in the insurance industry; Extensive post qualification experience.

    Aptitude & Disposition: Outcome focussed, self-motivated, very flexible and enthusiastic; Professional and approachable with can-do attitude to interact with senior management, colleagues and external suppliers; Collaborative; Diplomatic.

    Competencies: Integrity; Teambuilding; Customer focus; Resilience; Technical Competence/expertise; Business/financial acumen.

    Strategic Finance Lead employer: Beazley Management Limited

    Beazley is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals seeking to make a meaningful impact in the finance sector. With a strong commitment to employee growth, Beazley offers extensive training and development opportunities, ensuring that team members can thrive in their careers while contributing to the company's strategic objectives. Located in a vibrant area, employees benefit from a dynamic environment that encourages creativity and teamwork, all while upholding the core values of being bold, striving for better, and doing the right thing.
    Beazley Management Limited

    Contact Detail:

    Beazley Management Limited Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Strategic Finance Lead

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the finance industry, especially those who work at Beazley or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.

    ✨Tip Number 2

    Prepare for the interview by researching Beazley’s corporate strategy and recent market trends. Show us you’re not just another candidate; demonstrate how your skills align with their goals and how you can contribute to their success.

    ✨Tip Number 3

    Practice your storytelling skills! Be ready to share specific examples of how you've driven financial strategies or improved processes in previous roles. We want to hear about your impact and how you can bring that to Beazley.

    ✨Tip Number 4

    Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Beazley.

    We think you need these skills to ace Strategic Finance Lead

    Financial Analysis
    Strategic Planning
    Scenario Analysis
    Capital Management
    Market Analysis
    Stakeholder Management
    Communication Skills
    Analytical Skills
    Problem-Solving Skills
    Project Management
    Financial Modelling
    Attention to Detail
    Business Acumen
    Collaboration
    Adaptability

    Some tips for your application 🫡

    Tailor Your Application: Make sure to customise your CV and cover letter for the Strategic Finance Lead role. Highlight your relevant experience in financial strategy development and stakeholder management, showing us how you align with Beazley’s goals.

    Showcase Your Analytical Skills: We want to see your strong analytical and problem-solving skills shine through. Include examples of how you've used data to drive strategic decisions or improve processes in your previous roles.

    Communicate Clearly: Effective communication is key! Use clear and concise language in your application. Make it easy for us to understand your achievements and how they relate to the responsibilities of the role.

    Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the position. We can’t wait to hear from you!

    How to prepare for a job interview at Beazley Management Limited

    ✨Know Your Financial Strategies

    Make sure you’re well-versed in financial strategies relevant to the insurance industry. Be prepared to discuss how you would develop and execute medium to long-term financial plans that align with corporate goals. This shows you understand the role's core responsibilities.

    ✨Showcase Your Analytical Skills

    Be ready to demonstrate your analytical prowess. Prepare examples of how you've conducted scenario analyses or developed financial models in previous roles. Highlighting your ability to simplify complex issues will impress interviewers.

    ✨Emphasise Collaboration

    Since this role requires cross-departmental collaboration, think of instances where you’ve successfully worked with different teams. Share how you embody a 'One Finance' approach and how you can drive collaboration at Beazley.

    ✨Align with Beazley’s Values

    Familiarise yourself with Beazley’s core values: Being Bold, Striving for Better, and Doing the Right Thing. Be prepared to discuss how these values resonate with you and how you would uphold them in your work as a Strategic Finance Lead.

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