At a Glance
- Tasks: Support cost reporting, analysis, and business partnering to drive financial insights.
- Company: Join Hiscox, a unique insurer with a culture of creativity and innovation.
- Benefits: Enjoy hybrid working, great employee benefits, and a focus on wellbeing.
- Other info: Flexible working model to support your work-life balance.
- Why this job: Make a real impact in finance while working with amazing people.
- Qualifications: Finance or analytical background with strong Excel skills required.
The predicted salary is between 50000 - 65000 £ per year.
We are recruiting an FP&A Cost / Business Partnering Analyst to support the delivery of high-quality cost reporting, analysis and insight across the business. The role will work closely with Finance Business Partners and business stakeholders to help explain cost performance, support forecasting and planning activity, and improve the quality, consistency and usability of expense reporting.
This role is suited to a commercially minded finance analyst with strong analytical skills, attention to detail and an interest in business partnering. The successful candidate will be comfortable working with data, preparing reporting packs, investigating variances, supporting month-end activities and helping translate financial information into clear insight for stakeholders.
Key Responsibilities- Cost reporting and analysis
- Prepare regular cost reporting and analysis for business areas, including actuals, forecast, budget and prior-year comparisons.
- Investigate and explain key cost variances, trends and movements.
- Support the production of monthly management information and business review packs.
- Maintain cost reporting templates, trackers and reconciliations.
- Help improve the consistency, accuracy and usefulness of cost reporting.
- Forecasting, budgeting and planning
- Support Finance Business Partners with forecast and budget cycles.
- Gather inputs from business stakeholders and help challenge assumptions.
- Analyse run-rate trends, cost drivers and risks/opportunities.
- Maintain planning models and support scenario analysis where required.
- Help ensure planning outputs are accurate, timely and clearly explained.
- Support cost allocation driver update processes and explanations to the Business & Business Unit stakeholders.
- Business partnering support
- Work with Finance Business Partners to support cost centre owners and senior stakeholders.
- Help prepare materials for business performance reviews.
- Translate financial data into clear messages and actionable insight.
- Respond to stakeholder queries on cost performance, coding, allocations and reporting.
- Build effective relationships with finance and non-finance colleagues.
- Month-end and financial control
- Support month-end review activities, including accruals, prepayments, journals and cost coding checks.
- Perform reconciliations and data validation to ensure reporting accuracy.
- Identify anomalies or issues in cost data and work with relevant teams to resolve them.
- Support process documentation and controls where needed.
- Process improvement and data
- Identify opportunities to simplify, standardise or automate recurring reporting and analysis.
- Support improvements to data quality, reporting definitions and cost categorisation.
- Help develop more efficient ways of working across FP&A and business partnering.
- Use Excel, Power BI or other finance/reporting tools to improve insight and efficiency.
- Skills, Knowledge & Experience
- Finance, accounting or analytical background, ideally within FP&A, management reporting or business partnering.
- Strong Excel and data analysis skills.
- Experience producing management information, variance analysis or cost reporting.
- Strong attention to detail and ability to work with large or complex datasets.
- Good communication skills, with the ability to explain financial information clearly.
- Comfortable working to deadlines, particularly around month-end and planning cycles.
- Proactive, curious and willing to get into the detail.
- Ability to build relationships with finance and non-finance stakeholders.
As an international specialist insurer, we are far removed from the world of mass market insurance products. Instead, we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.
At Hiscox we care about our people. We hire the best people for the job, and we are committed to diversity and creating a truly inclusive culture, which we believe drives success. Working life does not always have to be in the office so we have introduced hybrid working to encourage a healthy work life balance.
If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.
Senior FP&A Analyst in London employer: Hiscox
Hiscox SA is an excellent employer, offering a dynamic work environment that fosters innovation and collaboration in the field of cyber security. With a hybrid work model, employees enjoy flexibility while benefiting from a comprehensive package that supports their professional growth and well-being. The company prioritises employee development and engagement, making it a rewarding place for those looking to make a meaningful impact in the realm of AI and risk protection.
StudySmarter Expert Advice🤫
We think this is how you could land Senior FP&A Analyst in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
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Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Hiscox.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Hiscox might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Senior FP&A Analyst in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Hiscox will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Hiscox. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Hiscox confidence in your short-term commitment to the role.
How to prepare for a job interview at Hiscox
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Hiscox.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Hiscox that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
