Senior Commercial Finance Business Partner - Insurance
Senior Commercial Finance Business Partner - Insurance

Senior Commercial Finance Business Partner - Insurance

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a team in creating commercial financial models and oversee budgeting and forecasting.
  • Company: Join a digital insurance provider aiming to be the best in the UK market.
  • Benefits: Enjoy flexible working, competitive bonuses, private medical insurance, and 27 days annual leave.
  • Why this job: Be part of an exciting journey with a supportive culture focused on growth and innovation.
  • Qualifications: Solid experience in General Insurance and financial modeling; strong communication skills required.
  • Other info: We promote inclusivity and welcome diverse applicants; sponsorship is not available for this role.

The predicted salary is between 48000 - 72000 £ per year.

Senior Commercial Finance Business Partner – Insurance

Location – London or Bexhill (Hybrid)

We\’re a digital insurance provider with ambitious plans to become The Best and Biggest in the UK market. We\’ve made huge investments in our data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We\’re proud of the journey we\’re on as a company and know that our continued success will rely on the contribution of our talented colleagues.

We provide insurance for over three million customers, but we know there\’s even bigger opportunity out there. The fact you\’re now reading this job advert means we\’ve tempted you to find out more about #lifeatHD – we really hope you like what you see, and you\’ll join us to share in the success of the exciting chapter that lies ahead.

Job Details

  • Leading a team of senior Finance colleagues in creating a centre of excellence for commercial modelling
  • Working alongside Finance Business Partners in leading the delivery of Retail Income, Underwriting and expense budgeting and forecasting, managing the business to deliver outputs to Finance and overseeing financial modelling outputs, challenging teams to set suitably stretching plans
  • Setting strategic direction with Commercial and Underwriting teams across financial, key deliverables and oversee expense budgeting/forecasting for assigned business areas
  • Accountable for ensuring assigned business areas are delivering income and expenses in line with Group three year plan, clearly articulating and providing insight on any variances and course correcting
  • Act as a Business Partner and trusted advisor to Executive and Leadership teams, ensuring Finance engagement in key Commercial decisions and produce rich and insightful reports
  • Creation of next generation financial forecasting, working with technology and data to deliver regularly updated models, overseeing all aspects of financial model creation and refinement
  • Building deep stakeholder relationships with executive and direct reports, ability to work across all levels, from operational to strategic outcomes. Ensuring ability to effectively challenge and drive performance
  • Setting direction of the team and ensuring adequate resourced deployed effectively and leading/developing direct reports in order to deliver high quality service to the business

Skills we would love you to have

  • Solid experience working within General Insurance
  • Experience in delivery roles within Financial Modelling teams
  • Commercial acumen and ability to articulate complex financial information to non-finance stakeholders
  • Proven ability to analyse numerical data with excellent report writing and communication skills
  • Exposure and ability to build strong relationships with Senior Leaders
  • Financial planning and budgetary experience
  • Change management – ability to effect change across Finance and wider organisation

What we offer

Join us and you\’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you\’ll be helping to drive our growth, so in return, we\’ll give you all the support, training and development you need. Not to mention plenty of recognition and rewards, and the scope to voice your ideas and put them into practice.

Regrettably we are unable to offer sponsorship for this role

Reward

  • Salary – Attractive salary based on experience + car allowance (pay reviews also completed each year)
  • Flexible Working – We champion a flexible and hybrid working approach so please speak to your recruiter to discuss in more detail, including days in the office and at home.
  • Competitive Bonus Scheme – All colleagues are eligible for our annual 4Cs performance bonus, which is usually paid in March. The scheme is based on Hastings\’ performance against our business goals and your own personal performance.
  • Physical Wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (also known as PMI) This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seen.
  • Financial Wellbeing – As well as providing you with 4x your salary with our life assurance cover and income protection at no extra cost, pension contribution match up to 10%, we are proud to provide you with an AWARD WINNING package which includes – discounts and cashback at everyday retailers and on our own products, fee free independent mortgage advice, and free access to financial wellbeing support.
  • Mental Wellbeing programme – At Hastings Direct we understand that mental health cannot not be scheduled, that\’s why we have a range of support to help you keep yourself well. We have the thrive mental health app, our colleague assistance programme available 24/7, our own, in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs
  • There\’s more! – 27 days annual leave + bank holidays, with the option to buy or sell one of your contracted weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more ….

Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we\’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve.

Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.

At Hastings Direct, we\’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, or throughout your journey with us at Hastings, we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.

Job posting end date:

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Senior Commercial Finance Business Partner - Insurance employer: Hastings Insurance Services Ltd

At Hastings Direct, we pride ourselves on being an exceptional employer, offering a vibrant work culture that champions flexibility and innovation. Our commitment to employee growth is evident through comprehensive training programs and a supportive environment that encourages the sharing of ideas. With competitive benefits, including an attractive salary, private medical insurance, and a robust mental wellbeing program, we ensure our colleagues thrive both personally and professionally while contributing to our ambitious journey in the UK insurance market.
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Contact Detail:

Hastings Insurance Services Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Commercial Finance Business Partner - Insurance

✨Tip Number 1

Familiarize yourself with the latest trends in commercial finance and insurance. Understanding the current market dynamics will help you engage in meaningful conversations during interviews and demonstrate your expertise.

✨Tip Number 2

Network with professionals in the insurance and finance sectors. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture at Hastings Direct.

✨Tip Number 3

Prepare to discuss your experience in financial modeling and how you've successfully influenced business decisions in previous roles. Be ready to share specific examples that highlight your commercial acumen.

✨Tip Number 4

Research Hastings Direct's 4Cs culture and think about how your values align with theirs. Being able to articulate this connection can set you apart as a candidate who is not only qualified but also a good cultural fit.

We think you need these skills to ace Senior Commercial Finance Business Partner - Insurance

Financial Modelling
Commercial Acumen
Data Analysis
Budgeting and Forecasting
Stakeholder Management
Report Writing
Change Management
Numerical Analysis
Communication Skills
Leadership and Team Development
Strategic Planning
Performance Management
Relationship Building
Insight Generation

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Senior Commercial Finance Business Partner position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application.

Highlight Relevant Experience: In your CV and cover letter, emphasize your solid experience in General Insurance and any roles you've held within Financial Modelling teams. Use specific examples to demonstrate your commercial acumen and ability to communicate complex financial information.

Showcase Your Skills: Make sure to highlight your analytical skills, report writing abilities, and experience in financial planning and budgeting. Mention any change management experiences that showcase your ability to effect change across finance and the wider organization.

Personalize Your Application: Address your application to the hiring team at Hastings Direct and express your enthusiasm for their 4Cs culture. Share why you are excited about the opportunity to contribute to their ambitious plans and how your values align with theirs.

How to prepare for a job interview at Hastings Insurance Services Ltd

✨Understand the 4Cs Culture

Familiarize yourself with the company's 4Cs culture: colleagues, customers, company, and community. Be prepared to discuss how you can contribute to this culture and align your values with theirs.

✨Showcase Your Financial Modelling Skills

Highlight your experience in financial modelling and be ready to discuss specific examples of how you've successfully delivered financial forecasts and insights in previous roles.

✨Prepare for Stakeholder Engagement Questions

Expect questions about your ability to build relationships with senior leaders and non-financial stakeholders. Prepare examples that demonstrate your communication skills and your approach to influencing decision-making.

✨Demonstrate Change Management Experience

Be ready to discuss your experience with change management within finance or broader organizations. Share specific instances where you've effectively driven change and the impact it had on the business.

Senior Commercial Finance Business Partner - Insurance
Hastings Insurance Services Ltd
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