At a Glance
- Tasks: Lead financial strategy and performance to make a real impact on road safety.
- Company: Join MIB, a passionate team dedicated to making roads safer for everyone.
- Benefits: Competitive salary, hybrid working, generous holiday, and wellness support.
- Other info: Inclusive workplace culture where your ideas and experiences matter.
- Why this job: Shape the future of MIB while helping victims of uninsured drivers.
- Qualifications: Qualified finance professional with strong leadership and strategic insight.
The predicted salary is between 130000 - 130000 £ per year.
About MIB
At MIB our people are passionate about making roads safer by getting uninsured and hit-and-run drivers off our roads. Working in partnership with the Police, Insurers and Government our collective aim is to make it a thing of the past but, until that’s accomplished, we’re here to compensate victims quickly, fairly and compassionately. Last year we helped more than 34,000 people struck by uninsured and hit-and-run drivers and paid over £400 million in compensation to support victims rebuild their lives.
About the role
At the Motor Insurers' Bureau (MIB), we're looking for an exceptional finance leader to take on the pivotal role of Finance & Business Performance Director. This is a rare opportunity to operate at the heart of the organisation, influencing strategic direction, driving enterprise-wide performance and enabling better business decisions through meaningful insight. As a key member of the senior leadership team, you'll translate organisational strategy into measurable outcomes, providing the financial leadership, performance intelligence and commercial insight that help shape the future of MIB. Working closely with the Executive team, you'll lead the integration of financial, operational and strategic performance, ensuring decision-making is informed, data-driven and action-focused. This role goes beyond finance. You'll champion a high-performance culture, identify opportunities and risks, and drive lasting organisational impact through robust performance management, business intelligence and strategic leadership. If you're a commercially astute leader with the vision to turn insight into action and strategy into results, we'd love to hear from you.
Key responsibilities
- Enterprise performance and Insight
- Lead the organisation’s enterprise performance framework, ensuring strategy is translated into clear outcomes, priorities and delivery plans.
- Provide high-quality insight, analysis and challenge to Executive and senior leaders, supporting evidence-based decision-making.
- Integrate financial, operational and performance data to support effective planning, prioritisation and resource allocation.
- Identify performance risks, opportunities and systemic issues, ensuring insight leads to action and accountability.
- Strategic and Commercial Leadership
- Act as a trusted strategic partner to the Executive team, contributing to the development of short, medium and long-term business strategy.
- Strengthen commercial thinking and financial acumen across the organisation, embedding a disciplined, value focused mindset.
- Challenge business cases, investment decisions and delivery plans to ensure alignment with strategic priorities and efficient use of resources.
- Advise the Executive on business performance, trade-offs and strategic choices in a complex and regulated environment.
- Governance and Performance Management
- Strengthen governance, consistency and discipline in performance management, planning and reporting.
- Lead enterprise performance review forums, enabling clarity, transparency and timely decision-making.
- Work across the enabling functions to ensure advice, frameworks and cultural tone balance delivery and innovation with control.
- Ensure performance reporting is clear, relevant and impactful, translating complex information into accessible insights.
- Leadership and Capability Building
- Lead, develop and mentor a high performing team across business partnering, performance and insight functions.
- Foster a culture of accountability, collaboration, continuous improvement and business partnership.
- Model inclusive, enterprise leadership behaviours and set a strong standard for cross organisational working.
- Financial Oversight and External engagement
- Provide oversight of financial management, working closely with the Financial Controller to ensure robust controls, compliance and assurance.
- Support statutory reporting, audit processes and regulatory requirements as required.
- Support the CFO to effectively manage Board relationships and deputise for CFO at Board or ExCo as required.
- Build and maintain strong relationships with external partners, advisors and stakeholders, bringing external insight and best practice into the organisation.
Skills and Experience
- Fully qualified finance professional with a strong commitment to professional development.
- Significant experience operating at senior, enterprise level within complex, regulated or data led organisations.
- Deep expertise in business performance management, strategy, finance and analytics.
- Proven ability to integrate financial and operational insight to drive organisational performance.
- Strong leadership capability, with experience building and leading high performing, specialist teams.
- Highly credible communicator, able to influence, challenge constructively and build trust at Executive and Board level.
- Comfortable working with complexity, ambiguity and competing priorities, exercising sound judgement and resilience.
Desirable
- Experience leading organisational change or transformation.
- Sector experience within financial services, insurance or similarly regulated environments.
Salary: Circa £130k
Working Hours: 35 hours per week
Working Pattern: 9am - 5pm, Monday - Friday
Office Location: Milton Keynes
Job Type: Permanent
IT kit supplied to you £320 (before tax) start-up allowance
Hybrid working (2 days in the office per week) from our Milton Keynes office, MK14
Other Benefits include:
- Contributory Group Stakeholder Personal pension scheme
- Life Assurance
- Employee Incentive Scheme
- 27 days holiday (plus public holidays)
- Holiday purchase scheme
- Sports and Social Club
- 24/7 Employee Assistance Programme
- Free access to online tools to support mental and physical health
- Enhanced maternity, paternity and adoption leave
- 1 volunteer day each year and charity matched funding scheme
We believe in a workplace where everyone can be themselves. Through our different ideas, personalities and experiences, we redefine what is possible every day. And regardless of your colour, age, race, gender, sexual orientation or anything else you consider yourself to be, there is a place for you at MIB. A place where you can bring your best self to work every day. So, if you think big, love a challenge and want to make a difference to people’s lives, we want to hear from you.
Finance & Business Performance Director employer: Motor Insurers’ Bureau
At the Motor Insurers' Bureau (MIB), we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. Our hybrid working model offers flexibility, while our commitment to employee development ensures that you will have ample opportunities for growth and advancement in your career. Join us in making a meaningful impact as we drive strategic performance and governance in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Finance & Business Performance Director
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Motor Insurers’ Bureau. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance & Business Performance Director
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Motor Insurers’ Bureau.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Motor Insurers’ Bureau's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Motor Insurers’ Bureau
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Motor Insurers’ Bureau.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Motor Insurers’ Bureau will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Motor Insurers’ Bureau employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
