At a Glance
- Tasks: Support finance transformation initiatives through analysis, documentation, and collaboration.
- 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 dynamic team.
- Qualifications: Degree or equivalent experience in finance transformation; Lloyd's market knowledge preferred.
- Other info: Fixed term contract for 12 months with opportunities for professional growth.
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 more about the finance transformation landscape.
✨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 and demonstrate your commitment to mastering these tools.
✨Tip Number 3
Prepare to discuss your previous experience in finance transformation projects during interviews. Be ready to share specific examples of how you developed business cases and engaged stakeholders, highlighting your problem-solving abilities and analytical skills.
✨Tip Number 4
Research the company’s recent initiatives and challenges in finance transformation. This knowledge will not only help you tailor your discussions but also show your genuine interest in contributing to their success.
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 Compelling 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: Clearly outline your proficiency in tools like Microsoft Excel, Power Query, and Power BI. If you have experience with Phinsys or PeopleSoft, make sure to include that as well, as it could set you apart from other candidates.
Showcase Your Analytical Abilities: Provide examples in your application that demonstrate your data analysis skills. Mention specific instances where your analysis led to informed decision-making or improved project outcomes, as this is crucial for the role.
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.
✨Demonstrate Analytical Skills
Since the role involves data analysis, be ready to talk about your experience with tools like Microsoft Excel, Power Query, and SQL. Share examples of how you've used these tools to drive decision-making in previous roles.
✨Prepare Business Cases
As writing compelling business cases is a key responsibility, practice articulating how you would approach this task. Think of a past project where you successfully developed a business case and be ready to explain your process.
✨Engage Stakeholders Effectively
Stakeholder engagement is crucial for this position. Prepare to discuss your strategies for facilitating workshops and gathering input from various teams. Highlight any successful collaborations you've had in the past.