At a Glance
- Tasks: Analyse and optimise Finance systems to enhance processes and support transformation initiatives.
- Company: Join Chaucer, a leading global insurer with a diverse and inclusive culture.
- Benefits: Enjoy flexible hybrid work, extensive benefits, and wellbeing support.
- Other info: Be part of a dynamic team driving innovation in the insurance industry.
- Why this job: Make a real impact in finance while working with cutting-edge technology.
- Qualifications: Experience in Finance systems and strong analytical skills required.
The predicted salary is between 50000 - 60000 £ per year.
Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market.
We help protect industries around the world from the risks they face.
Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.
Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, to be closer to our clients across the world.
- To learn more about us please visit our website: www. chaucergroup. com
- Role
The Finance Systems Analyst reports into the Product Management Lead for Finance and operates within the Finance Product Management function.
The role supports the full Finance product lifecycle, with a focus on safeguarding Finance processes, optimising run activities, enabling continuous improvement, and contributing to transformation initiatives.
This role requires a hands‑on, analytically minded systems professional with strong Finance domain knowledge and proven experience across Finance systems, including ERP, subledgers, EPM and analytics platforms.
The role works closely with Finance stakeholders to understand business needs, translate them into system requirements, and ensure that Finance products and processes remain stable, well‑controlled, and fit for purpose.
The Systems Analyst will collaborate with cross‑functional teams including Finance, Engineering, Architecture, Service Management and Quality & Technical Assurance, ensuring alignment across the matrixed Technology organisation.
Job Description
- Product & Finance Systems Responsibilities
- Deliver the Finance product strategy and contribute to the long‑term roadmap for Finance systems (ERP, subledgers, EPM, analytics).
- Conduct end‑to‑end analysis of Finance processes to identify opportunities for improvement, optimisation, and transformation.
- Assess existing Finance systems and data flows, identifying gaps, inefficiencies, and risks across the finance technology landscape.
- Collaborate with Finance SMEs, Product Owners, architects and engineers to design, enhance or integrate Finance systems and capabilities.
- Support implementation activities, including requirements definition, functional design, testing support and user readiness for Finance products.
- Develop proposals for system changes or new Finance capabilities, including impact assessment, cost/benefit analysis and delivery timelines.
- Monitor the performance and stability of Finance systems, resolving issues and proactively identifying opportunities for continuous improvement.
- Produce high‑quality user documentation, process maps and training materials tailored to Finance stakeholders.
- Ensure Finance regulatory, control and audit requirements are fully considered within system design and enhancements.
- Protect the integrity of Finance processes by ensuring system changes do not compromise Financial Control, reconciliation processes, close cycles or reporting accuracy.
- Leadership and Strategy
- Demonstrates curiosity, self‑awareness and commitment to ongoing development.
- Adapts quickly to change and brings creative thinking to complex Finance challenges.
- Understands the Finance operating model, Finance processes and the external regulatory landscape.
- Builds strong relationships with Finance and Technology stakeholders based on trust, transparency, and clarity.
- Supports the delivery of the Finance product strategy in alignment with the broader Business Portfolio and organisational objectives.
- Champions product‑centric ways of working and contributes to a culture of Finance product excellence.
- Applies agile thinking and can navigate ambiguity while maintaining quality and control.
- Technical Delivery Management
- Ensures all deliverables meet required quality standards and align with Finance control frameworks.
- Supports backlog refinement, prioritisation and sprint delivery for Finance product teams.
- Provides strong analytical support in decision‑making, particularly relating to Finance data, controls and system dependencies.
- Technical Oversight
- Ensures the Finance product team adopts best practice for Finance systems, integration patterns and master data governance.
- Drives standardisation, simplification and optimisation across Finance applications and processes.
- Supports assurance activities to ensure system integrity and data quality are maintained.
- Works with Finance system vendors to ensure performance meets agreed SLAs and KPIs.
- Supports evaluation of vendor solutions for Finance capabilities and contributes to commercial assessments.
- Ensures compliance with relevant Finance, audit and regulatory requirements.
- Stakeholder Engagement
- Works closely with Finance leaders, controllers, operational teams and end‑users to understand requirements and ensure successful product outcomes.
- Communicates complex technical concepts in a clear, accessible way for Finance stakeholders.
- Builds trust and acts as a key liaison between Technology and Finance teams.
- Identifies risks linked to system changes, Finance processes, data quality and controls.
- Works proactively to mitigate issues and maintain a stable, well‑controlled Finance systems environment.
- Performance Monitoring
- Tracks KPIs across Finance systems and processes, identifying and driving opportunities for efficiency and accuracy improvements.
- Ensures data and system insights support Finance reporting, planning and decision‑making.
Skills and Competencies
- Experience in Finance systems roles (ERP, subledgers, EPM, analytics), ideally within Insurance or Financial Services.
- Strong understanding of Finance processes and accounting principles.
- Excellent analytical and problem‑solving skills with the ability to interpret Finance data and system interactions.
- Comfortable working collaboratively with Finance and Technology users.
- Strong communication skills, with the ability to build rapport and influence stakeholders at all levels.
- Highly organised, detail‑oriented and customer‑focused, with the ability to manage competing priorities.
- Resilient, adaptable and able to work effectively during periods of change.
- Promotes diversity, inclusion and collaborative working practices.
Why Join Chaucer?
Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk-from nuclear, shipping, manufacturing, and property.
Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we're close to our clients wherever they are.
We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024.
Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.
We offer
- A flexible hybrid work model that supports individual and team needs.
- A diverse, inclusive culture that values people for who they are.
- Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.
- #J-18808-Ljbffr
Finance Systems Analyst employer: Chaucer Group
Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation and strategic thinking are at the forefront of our operations. We prioritise employee growth through mentorship and development opportunities within our Transport Logistics team, fostering a culture of collaboration and excellence. With a commitment to maintaining strong relationships with clients and brokers globally, we provide our employees with unique exposure to diverse markets and the chance to lead in a specialist insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Systems Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Chaucer Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance Systems Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Chaucer Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Chaucer Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Chaucer Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Chaucer Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Chaucer Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Chaucer Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
