At a Glance
- Tasks: Build and enhance financial planning and forecasting models for a global insurance company.
- Company: Join a leading UK branch of a renowned global insurance firm.
- Benefits: Enjoy a competitive salary, flexible remote work options, and potential for future projects.
- Why this job: Make a real impact by creating user-friendly tools that support financial decision-making.
- Qualifications: Strong understanding of insurance P&L and experience in financial modeling required.
- Other info: This is a 6-month fixed-term contract with opportunities for further development.
The predicted salary is between 80000 - 120000 £ per year.
Job Description I’m currently working with the UK Branch of a global insurance company who are looking for a Financial Modeller to come in and build a financial planning and forecasting model. You will be taking the current model and implement a new more efficient model that can provide meaningful data and is user friendly to both the underwriters inputting the data and the FP&A team who will be receiving the report. You will need to have a strong understanding of and insurance P&L (GWP, GEP, claims, expenses etc.) You will need to present back a reporting tool that is able to be easily used by the FP&A team going forward. This should be a 6 month contract but there are other projects and reports that could be developed across the finance team. This is a Fixed Term contract paying £100,000-£120,000 + benefits – the office is London – flexible on how often you go in (can be done predominately remotely). …
Financial Modeller employer: JSS Search
Contact Detail:
JSS Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Modeller
✨Tip Number 1
Familiarize yourself with the specific financial modeling tools and software commonly used in the insurance industry. Being able to demonstrate your proficiency in these tools during the interview can set you apart from other candidates.
✨Tip Number 2
Understand the key metrics and components of an insurance P&L, such as GWP, GEP, claims, and expenses. Being able to discuss these elements confidently will show your expertise and relevance for the role.
✨Tip Number 3
Prepare to showcase examples of previous financial models you've built or improved. Highlight how your changes led to more efficient processes or better data insights, as this aligns directly with what the company is looking for.
✨Tip Number 4
Since the role offers flexibility in remote work, be ready to discuss how you manage your time and communication effectively in a remote setting. This will demonstrate your ability to thrive in their work environment.
We think you need these skills to ace Financial Modeller
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of a Financial Modeller. Familiarize yourself with financial planning, forecasting models, and the specific requirements mentioned in the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with insurance P&L, GWP, GEP, claims, and expenses. Provide specific examples of how you've built or improved financial models in the past.
Showcase Technical Skills: Detail your proficiency in relevant software and tools used for financial modelling. Mention any programming languages or data analysis tools you are familiar with that could enhance the model's efficiency.
Tailor Your Application: Customize your application to reflect the company's needs. Use keywords from the job description and demonstrate how your skills align with their goals for the new financial model.
How to prepare for a job interview at JSS Search
✨Understand the Financial Landscape
Make sure you have a solid grasp of insurance P&L components like GWP, GEP, claims, and expenses. Being able to discuss these elements confidently will show your expertise and understanding of the industry.
✨Demonstrate Your Modelling Skills
Prepare to showcase your experience with financial modelling. Bring examples of previous models you've built or improved, and be ready to explain your thought process and the impact they had on decision-making.
✨Focus on User-Friendliness
Since the role involves creating a user-friendly reporting tool for the FP&A team, think about how you can make complex data accessible. Be prepared to discuss how you would approach this in your model.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific scenarios related to financial forecasting and planning. Practice articulating your problem-solving strategies and how you would implement them in real-world situations.