FP&A Analyst, IQUW

FP&A Analyst, IQUW

Full-Time 36000 - 60000 £ / year (est.) No home office possible
IQUW Property Insurance

At a Glance

  • Tasks: Support financial planning, prepare forecasts, and enhance budgeting systems.
  • Company: Join IQUW, a leading specialty insurer at Lloyd’s with a collaborative culture.
  • Benefits: Enjoy competitive salary, 25 days holiday, and professional development support.
  • Why this job: Make an impact in finance while working with innovative insurance solutions.
  • Qualifications: Qualified or part-qualified accountant with strong analytical skills.
  • Other info: Hybrid working model with excellent career growth opportunities.

The predicted salary is between 36000 - 60000 £ per year.

About us

IQUW is a speciality (re)insurer at Lloyd’s (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast. ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it’s a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn’t enough. That’s why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer’s needs.

The role

The FP&A Analyst will report into the Head of FP&A and will play a key role across the team. They will support the FP&A function, delivering multi-year forecasts, annual budget, Lloyd’s reporting, and system implementation support. We currently operate a hybrid working model. This entails 3 days per week collaborating with colleagues in the office, and 2 days working from home.

Key responsibilities

  • Preparation of the quarterly reforecast, Lloyd’s QMB, Lloyd’s SBF and annual business plans – both YoA and CY
  • Preparation of Board and Executive papers with supporting narrative – qualitative and quantitative
  • A key stakeholder in the ownership and development of the financial planning model based on business requirements
  • Act as key Finance point of contact for all business planning related activities
  • Identification and analysis of any process simplification and improvement opportunities
  • Review of AvE to understand drivers, trends, and areas of opportunity or remedial action
  • Support production of value-add MI to the business
  • Support the implementation of the new budgeting system in all areas (technical and non-technical)
  • Support the end-to-end expense process for the Syndicate and wider Group

Qualifications, skills and experience

  • A qualified / part-qualified and commercially minded accountant – CA/ACA/CIMA/ACCA
  • Good knowledge of Insurance accounting, UK GAAP and finance systems
  • Relevant and recent experience in a multi-line insurance finance role
  • Understanding of Lloyd’s returns (specifically QMA, QMB and SBF)
  • Intermediate/Advanced Microsoft Excel skills – TM1 experience highly advantageous
  • Extremely proficient in use of Microsoft Office product suite and general PC skills
  • Ability to manage own workload and work to strict deadlines
  • Effective organisational and time management skills with the ability to work under pressure
  • Strong analytical skills, attention to detail and an inquisitive mindset
  • Highly organized and methodical thinker

Benefits

  • Competitive Benchmarked Salary
  • 25 days holiday
  • Discretionary bonus scheme
  • Employee assistance programme
  • Annual holiday buy (up to 3 extra days)
  • Salary sacrifice benefits
  • Annual benefits reviews
  • The option for professional qualifications and study support

Additional Information

A full job description can be seen here.

FP&A Analyst, IQUW employer: IQUW Property Insurance

IQUW is an exceptional employer that fosters a collaborative and innovative work culture, offering FP&A Analysts the opportunity to thrive in a dynamic environment at Lloyd's. With a competitive salary, generous holiday allowance, and support for professional development, employees are encouraged to grow their careers while enjoying a healthy work-life balance through a hybrid working model. Join us to be part of a team that values expertise and creativity in delivering tailored insurance solutions.
IQUW Property Insurance

Contact Detail:

IQUW Property Insurance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land FP&A Analyst, IQUW

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to current employees at IQUW on LinkedIn. Building relationships can open doors that a CV just can't.

✨Ace the Interview

Prepare for your interview by researching IQUW and understanding their products. Think about how your skills as an FP&A Analyst can add value to their team. Practice common interview questions and be ready to showcase your analytical skills!

✨Showcase Your Skills

During interviews, don’t just talk about your experience—bring it to life! Use examples from your past roles to demonstrate your financial planning expertise and problem-solving abilities. Make sure they see how you can contribute to their success.

✨Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the IQUW team.

We think you need these skills to ace FP&A Analyst, IQUW

Financial Planning and Analysis
Insurance Accounting
UK GAAP
Lloyd's Returns (QMA, QMB, SBF)
Microsoft Excel (Intermediate/Advanced)
TM1
Microsoft Office Suite
Organisational Skills
Time Management
Analytical Skills
Attention to Detail
Process Improvement
Stakeholder Management
Budgeting System Implementation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your qualifications, especially if you’re a qualified or part-qualified accountant, and any relevant insurance finance experience.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re the perfect fit for the FP&A Analyst role. Mention specific projects or experiences that align with our needs, like your familiarity with Lloyd’s returns or financial planning models.

Showcase Your Analytical Skills: Since this role requires strong analytical skills, don’t shy away from including examples of how you've used data to drive decisions or improve processes in your previous roles. We love a good story backed by numbers!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at IQUW Property Insurance

✨Know Your Numbers

As an FP&A Analyst, you'll be dealing with a lot of financial data. Brush up on your knowledge of key financial metrics and how they relate to the insurance industry. Be prepared to discuss your experience with forecasting, budgeting, and financial modelling, as these will be crucial in your role.

✨Understand the Business

IQUW operates in a unique niche within the insurance market. Familiarise yourself with their products and the specific challenges they face. This will not only show your interest but also help you articulate how your skills can contribute to their goals.

✨Excel Skills are Key

Given the emphasis on Microsoft Excel and TM1 in the job description, make sure you're comfortable discussing your proficiency with these tools. Consider preparing examples of how you've used Excel for complex data analysis or reporting in previous roles.

✨Prepare Questions

Interviews are a two-way street. Prepare insightful questions about the FP&A team's current projects, the new budgeting system implementation, or how they measure success. This shows your enthusiasm and helps you gauge if the company is the right fit for you.

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