At a Glance
- Tasks: Analyse financial reports and support budgeting processes to drive strategic decisions.
- Company: Join Inventum Group, a leading employment agency connecting talent with top opportunities.
- Benefits: Enjoy competitive salary, professional growth, and a collaborative work environment.
- Why this job: Make an impact in financial planning while working with diverse teams and enhancing your skills.
- Qualifications: 5+ years in FP&A or financial analysis; strong Excel and modelling skills required.
- Other info: Experience in the reassurance or insurance industry is a plus.
The predicted salary is between 60000 - 84000 £ per year.
The FP&A Senior Analyst plays a critical role in supporting the financial planning, forecasting, and strategic analysis processes for the reassurance division. This position requires strong analytical skills, excellent financial acumen, and the ability to collaborate with cross-functional teams to deliver impactful insights and recommendations that drive informed decision-making.
Key Responsibilities:
- Prepare and analyse monthly, quarterly, and annual financial reports, ensuring accuracy and relevance to key stakeholders.
- Provide variance analysis for actual performance against budget, forecast, and prior periods.
- Support the annual budgeting process, including data collection, consolidation, and preparation of presentations for senior management.
- Develop rolling forecasts and scenario analyses to anticipate future financial performance and risks.
- Conduct in-depth financial modeling and analysis to support business strategies and initiatives.
- Deliver actionable insights into key business drivers, risks, and opportunities for reassurance operations.
- Serve as a liaison between FP&A and other departments, including Operations, Underwriting, and Risk teams, to align financial goals and strategies.
- Assist in presenting financial results and analysis to senior leadership, highlighting critical findings and recommendations.
- Identify and implement process improvements to enhance the efficiency and effectiveness of FP&A deliverables.
- Stay updated on industry trends and best practices, ensuring that analysis and reporting meet evolving business needs.
Qualifications:
- Proven experience in FP&A, financial analysis, or related roles (typically 5+ years).
- Strong proficiency in financial modeling, Excel, and business intelligence tools (e.g., Power BI, Tableau, or similar).
- Solid understanding of financial statements, accounting principles, and key performance indicators (KPIs).
- Excellent communication and presentation skills, with the ability to simplify complex financial data for various audiences.
- Detail-oriented and highly organised, with the ability to manage multiple priorities and deadlines.
- Experience in the reassurance or insurance industry is highly desirable.
FP&A Senior Analyst employer: Inventum Group (Formally Wells Tobias)
Contact Detail:
Inventum Group (Formally Wells Tobias) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FP&A Senior Analyst
✨Tip Number 1
Network with professionals in the FP&A field, especially those who have experience in the reassurance or insurance industry. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and best practices.
✨Tip Number 2
Familiarise yourself with the specific financial modelling tools mentioned in the job description, such as Power BI or Tableau. Consider taking online courses or tutorials to enhance your skills and demonstrate your commitment to mastering these tools.
✨Tip Number 3
Prepare to discuss your previous experiences in FP&A during interviews. Be ready to share specific examples of how you've contributed to financial planning, forecasting, and analysis, particularly in a cross-functional team setting.
✨Tip Number 4
Stay updated on the latest developments in the financial services sector, particularly in reassurance. This knowledge will not only help you in interviews but also show your enthusiasm for the role and the industry.
We think you need these skills to ace FP&A Senior Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in FP&A and financial analysis. Emphasise your proficiency in financial modelling and tools like Excel, Power BI, or Tableau, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and ability to collaborate with cross-functional teams. Mention specific examples of how you've delivered insights that drove decision-making in previous roles.
Highlight Relevant Experience: In your application, focus on your experience in preparing financial reports and conducting variance analysis. If you have worked in the reassurance or insurance industry, be sure to mention this as it is highly desirable.
Showcase Communication Skills: Since excellent communication and presentation skills are essential for this role, include examples of how you've simplified complex financial data for various audiences in your application.
How to prepare for a job interview at Inventum Group (Formally Wells Tobias)
✨Showcase Your Analytical Skills
As an FP&A Senior Analyst, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to drive decision-making in previous roles. Highlight any financial models or forecasts you've developed.
✨Demonstrate Financial Acumen
Make sure you understand key financial concepts and can articulate them clearly. Be ready to explain financial statements and KPIs, and how they relate to the business's performance. This will show your depth of knowledge in financial analysis.
✨Prepare for Scenario Analysis Questions
Expect questions about how you would approach scenario analyses and rolling forecasts. Think about past experiences where you've had to anticipate financial performance and risks, and be ready to share your thought process.
✨Communicate Effectively
Since you'll be liaising with various departments, strong communication skills are essential. Practice simplifying complex financial data into clear insights. Prepare to discuss how you've presented financial results to senior leadership in the past.