At a Glance
- Tasks: Lead insurance operations, manage financial analysis, and improve reporting processes.
- Company: Join Peabody, a forward-thinking organisation with a focus on collaboration.
- Benefits: Enjoy up to 30 days holiday, flexible benefits, and professional development opportunities.
- Other info: Fixed term contract until November 2023 with excellent career growth potential.
- Why this job: Make a real impact in insurance finance while developing your career.
- Qualifications: Experience in insurance, strong analytical skills, and leadership capabilities.
The predicted salary is between 50000 - 60000 £ per year.
Are you an experienced insurance professional with strong financial and analytical expertise? If so, this opportunity at Peabody could be a great next step in your career.
As an Insurance Finance Manager, you'll lead the day‑to‑day operations of the insurance team, providing insight, support, and expert guidance across the organisation on all insurance‑related matters. You'll play a key role in ensuring robust financial management, effective claims analysis and build strong relationships with brokers and insurers, while delivering high‑quality reporting to support decision‑making at all levels. You'll also drive improvements in reporting, data quality, and processes, ensuring compliance and value for money across Peabody's insurance activities.
What you'll do:
- Manage financial analysis across premiums, excess, and claims, setting targets and monitoring performance.
- Support commercial negotiations with insurers and brokers to ensure value for money and effective coverage.
- Oversee internal and external financial reporting, including general ledger postings, allocation of funds, and recharging of insurance costs.
- Develop and implement claims management processes and insurance reporting procedures, ensuring compliance with regulatory requirements.
- Work closely with stakeholders across the business to improve data recording, analysis, and reporting capabilities.
- Identify and address gaps in policy coverage, raising queries and ensuring updates are reflected in documentation and wording.
- Maintain the insurance team's master property records, including capital additions, disposals, and tenure changes.
- Advise Development teams on insurance requirements for upcoming handovers, including reviewing reinstatement values.
What you'll need:
- You're a confident and credible leader, able to influence stakeholders and provide clear, actionable insight on complex insurance matters.
- You're highly analytical, detail‑oriented, and capable of balancing multiple priorities while maintaining high standards of accuracy and delivery.
- You're also experienced in presenting high‑quality reporting to senior stakeholders and contributing to commercial decision‑making.
- A Certificate in Insurance with relevant post‑qualification experience.
- Strong knowledge of insurance and claims, with the ability to apply this in a practical business context.
- Experience producing high‑quality management reporting, including at Board level.
- Experience supporting or leading commercial negotiations with external providers.
- Excellent attention to detail and strong organisational skills, with the ability to manage competing deadlines.
- Strong stakeholder engagement skills and the ability to work collaboratively across teams.
What We Offer:
- Up to 30 days' annual holiday, plus bank holidays.
- Two additional paid volunteering days each year.
- Flexible benefits scheme, including family friendly benefits and access to a discount portal.
- 4 x salary life assurance.
- Up to 10% pension contribution.
- Professional development and opportunities to broaden your experience.
Please read before applying: This role is a Fixed Term contract opportunity until November 202. You must have the right to work in the UK; we are unable to provide visa sponsorship.
Insurance Finance Manager employer: Peabody Trust
Peabody is an exceptional employer that prioritises employee well-being and professional growth, offering a supportive work culture where collaboration and innovation thrive. With generous benefits such as up to 30 days of annual leave, flexible working options, and a commitment to professional development, Peabody empowers its employees to excel in their roles while making a meaningful impact in the insurance sector. Located in a vibrant area, this role provides the opportunity to engage with diverse stakeholders and contribute to significant financial management initiatives within a respected organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Finance Manager
✨Tap into Local Agencies
For temporary roles like the one at Peabody Trust, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Peabody Trust knows you can adapt quickly to their needs!
We think you need these skills to ace Insurance Finance Manager
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Peabody Trust's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Peabody Trust
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Peabody Trust. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.