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- Tasks: Support finance transformation initiatives through analysis, documentation, and stakeholder engagement.
- Company: Join a leading specialty insurance and reinsurance firm based in London.
- Benefits: Enjoy a hybrid work model and gain valuable industry experience.
- Why this job: Be part of a major transformation in the finance sector with a focus on innovation.
- Qualifications: Degree qualified with proven experience in finance transformation and stakeholder engagement.
- Other info: Experience in the Lloyd's market is essential for this role.
The predicted salary is between 48000 - 72000 £ per year.
Job Opportunity: Finance Transformation Specialist - Reinsurance experience
Location: London (Hybrid)
Industry: Specialty Insurance & Reinsurance
Fixed term contract (12 months)
Please note Insurance industry experience—particularly Lloyd’s market is required for this job.
We are working with a leading specialty insurance and reinsurance company headquartered in London that is undergoing a major finance transformation. They are seeking an experienced Finance Business Analyst to support the successful delivery of key transformation initiatives.
Responsibilities
- Develop compelling business cases to support transformation initiatives
- Write detailed business requirements documents
- Lead finance workshops and gather stakeholder input
- Perform data analysis to drive informed decision-making
- Design solution architectures and ensure effective data flows
- Collaborate with finance, IT, and operational teams
- Track and report on project progress
Skills & Tools
- Experience as a Business Analyst in finance transformation projects
- Strong skills in writing business cases and creating business requirements documents
- Tools: Microsoft Excel, Power Query, Power BI, SQL
- Software: Phinsys, PeopleSoft (advantageous)
- Other: Understanding of data governance and data quality tools
Qualifications & Experience
- Degree qualified or equivalent professional experience
- Proven experience in finance transformation projects
- Strong in writing business cases and defining business requirements
- Skilled in stakeholder engagement and facilitating workshops
- Insurance industry experience—particularly Lloyd’s market
- Finance or accounting background
Finance Transformation Specialist - Reinsurance experience employer: NDA
Contact Detail:
NDA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Transformation Specialist - Reinsurance experience
✨Tip Number 1
Network with professionals in the insurance and reinsurance sectors, especially those with experience in the Lloyd's market. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in finance transformation.
✨Tip Number 2
Familiarise yourself with the specific tools mentioned in the job description, such as Microsoft Excel, Power BI, and SQL. Consider taking online courses or tutorials to enhance your skills in these areas, as practical knowledge can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your previous experience in finance transformation projects during interviews. Be ready to share specific examples of how you've developed business cases, facilitated workshops, and engaged stakeholders to demonstrate your expertise.
✨Tip Number 4
Research the company’s recent initiatives and challenges in finance transformation. Understanding their current projects will allow you to tailor your discussions and show how your skills can directly contribute to their goals.
We think you need these skills to ace Finance Transformation Specialist - Reinsurance experience
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in finance transformation projects, particularly within the insurance industry. Emphasise any relevant roles where you've developed business cases or written business requirements documents.
Craft a Strong Cover Letter: In your cover letter, specifically mention your experience with Lloyd's market and how it relates to the role. Use this opportunity to showcase your understanding of the finance transformation process and your ability to engage stakeholders effectively.
Highlight Relevant Skills: When detailing your skills, focus on your proficiency with tools like Microsoft Excel, Power BI, and SQL. Mention any experience with software such as Phinsys or PeopleSoft, as these are advantageous for the role.
Showcase Your Analytical Abilities: Include examples of how you've performed data analysis in previous roles to support decision-making. This will demonstrate your capability to drive informed decisions, which is crucial for the Finance Transformation Specialist position.
How to prepare for a job interview at NDA
✨Showcase Your Reinsurance Knowledge
Make sure to highlight your experience in the reinsurance sector, especially if you have worked within the Lloyd's market. Be prepared to discuss specific projects or challenges you've faced and how you navigated them.
✨Prepare Business Case Examples
Since the role requires developing compelling business cases, come equipped with examples from your past work. Discuss the process you followed, the stakeholders involved, and the outcomes achieved to demonstrate your expertise.
✨Demonstrate Data Analysis Skills
Be ready to talk about your experience with data analysis tools like Excel, Power Query, and Power BI. Prepare to explain how you've used these tools to drive decision-making in previous roles, as this will be crucial for the position.
✨Engage Stakeholders Effectively
The ability to engage stakeholders is key for this role. Think of examples where you've successfully facilitated workshops or gathered input from various teams. Highlight your communication skills and how you ensure everyone is on the same page.
