At a Glance
- Tasks: Lead finance transformation projects in the insurance sector, coaching teams and guiding clients through change.
- Company: Join a respected global consulting firm known for its client-centric approach and collaborative culture.
- Benefits: Enjoy a competitive salary, 30% bonus, hybrid working model, and excellent career progression opportunities.
- Why this job: Be part of a dynamic team driving impactful change in the financial services industry with a focus on innovation.
- Qualifications: Experience in finance transformation within insurance, knowledge of key technologies, and strong leadership skills required.
- Other info: Remote working available across the UK, with a diverse and energised workforce.
The predicted salary is between 84000 - 196000 £ per year.
Position: Finance Function Transformation Senior Managers – Insurance
Industry: Management Consulting
Vertical: Financial Services – Insurance
Location: UK Wide – Remote Working
Package: Basic Salary up to £140K plus 30% Bonus and benefits package
Background
Our client is a highly regarded, well-respected listed Global Boutique consulting firm focused on transformational consulting into the Financial Services Sector. The business has experienced considerable growth year on year over the last 2 decades, through acquisition, service and client proposition development and a reputation for best in class client delivery. They are currently looking to develop and expand their consulting proposition within the UK & European Insurance market and are looking for a number of highly talented consultants at varying levels to join the business with particular focus and expertise in Finance Function Transformation. The business operates with a 1 team philosophy with regards to consulting engagements and as such is naturally collaborative in nature. Culturally the business is non-political with an energised and diverse workforce who demonstrate a client centric can do attitude. Joining the business you can expect an excellent compensation package including a bonus which has paid out consistently over the last decade, a true hybrid working model and career progression opportunities based on individual merit.
The Roles
These are classic client facing C-suite (CFO) Insurance Sector consulting roles covering Life, Non-Life & Specialty, where you will be leading / working as part of a Finance Transformation team running large scale projects, programs and client workshops: leading, coaching and mentoring teams of Managers, Consultants and Senior Consultants at varying levels of experience as well as guiding the incumbent client Finance teams through the change and Transformation program. The Transformation practice covers both strategy and implementation in the areas of Regulatory change compliance such as IFRS 17 as well as broader Finance Function change such as: Finance Target Operating Model Design, Improvements in accuracy and cost optimisation across P2P, R2R, O2C, FP&A, Systems Architecture, Chart of Accounts, General Ledger, Data Analytics.
The Candidates
As mentioned we are looking for a number of Senior Managers for the business. Your experience will have been gained from within another global consulting organisation (operating currently at Senior Manager or equivalent) focused on Finance Transformation within the Insurance sector. In order to be successful you will need a working knowledge of the key technologies and systems involved in insurance finance including Actuarial models, ERP systems, Consolidation tools, Reporting/Analysis tools and data platforms as well as a full awareness and understanding of Insurance reporting standards, requirements and compliance. On a broader level it is expected you have knowledge of Insurance Finance including leading reporting processes, controls and risks in addition to knowledge and understanding of key technology trends in Insurance including migration to Cloud, SaaS, Automation, Big Data. It is expected you have a working knowledge of the end to end finance systems architecture, how each of the components are linked and technologies which are available in the market and with this a demonstrable ability to design the strategic finance systems architecture required given client requirements and build the transition states and roadmaps required. As an individual you need to be very much a natural self-starter, a pro-active team player who is genuinely passionate about building high performance teams and experienced in working in a multi-disciplined environment.
Please be rest assured of discretion and confidentiality and all contact is in line with GDPR. S.I.S Executive is a Global Executive Search organisation acting on behalf of a third party client.
CFO Consulting Senior Managers – Insurance employer: S.I.S Executive
Contact Detail:
S.I.S Executive Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land CFO Consulting Senior Managers – Insurance
✨Tip Number 1
Network with professionals in the insurance and finance transformation sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 2
Familiarise yourself with the latest trends in insurance finance, particularly around IFRS 17 and cloud migration. Being able to discuss these topics knowledgeably during interviews will demonstrate your commitment and expertise in the field.
✨Tip Number 3
Prepare to showcase your leadership skills by gathering examples of how you've successfully led teams through finance transformation projects. Highlight your ability to mentor and coach others, as this aligns with the collaborative nature of the role.
✨Tip Number 4
Research the consulting firm's recent projects and case studies in the insurance sector. This will not only help you understand their approach but also allow you to ask informed questions during the interview, showing your genuine interest in their work.
We think you need these skills to ace CFO Consulting Senior Managers – Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in finance transformation within the insurance sector. Focus on specific projects you've led, technologies you've worked with, and any relevant achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance function transformation and your understanding of the insurance market. Mention how your skills and experiences make you a perfect fit for the role and the company culture.
Highlight Relevant Skills: In your application, emphasise your knowledge of key technologies and systems in insurance finance, such as ERP systems and data analytics tools. Be specific about your experience with regulatory compliance and finance operating models.
Showcase Leadership Experience: Since the role involves leading teams, include examples of your leadership and mentoring experiences. Describe how you've successfully guided teams through transformation projects and contributed to their professional development.
How to prepare for a job interview at S.I.S Executive
✨Showcase Your Expertise in Finance Transformation
Make sure to highlight your experience in finance transformation, particularly within the insurance sector. Be prepared to discuss specific projects you've led or contributed to, focusing on the outcomes and how you navigated challenges.
✨Demonstrate Your Knowledge of Key Technologies
Familiarise yourself with the latest technologies and systems used in insurance finance, such as ERP systems and data analytics tools. Be ready to discuss how these technologies can enhance finance functions and improve compliance with reporting standards.
✨Emphasise Your Leadership Skills
Since the role involves leading teams, be sure to provide examples of how you've successfully coached and mentored others. Discuss your approach to building high-performance teams and fostering a collaborative environment.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and ability to manage large-scale projects. Think about past experiences where you had to implement change and how you approached those situations.