At a Glance
- Tasks: Lead finance transformation projects in the insurance sector, mentoring junior consultants.
- Company: Join a top global consulting firm known for its client-centric approach and diverse culture.
- Benefits: Enjoy a competitive salary up to £100K, significant bonuses, and a hybrid working model.
- Why this job: Be part of a collaborative team driving impactful change in the insurance industry.
- Qualifications: Experience in finance transformation within insurance and knowledge of key technologies required.
- Other info: Confidentiality assured; all contact complies with GDPR.
The predicted salary is between 60000 - 84000 £ per year.
Position : Finance Function Transformation Managers – Insurance
Industry : Management Consulting
Vertical : Financial Services – Insurance
Location : UK Wide – Remote Working
Package : Basic Salary up to £100K plus significant bonus and benefits package
Background
Our client is a highly regarded, well respected listed Global consulting firm form focussed 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 Insurance specialists 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 & Speciality , where you will be working as part of a Finance Transformation team running large scale projects, programs and client workshops: leading, coaching and mentoring teams of junior consultants at varying levels of experience as well as guiding the incumbent client Finance teams through the change and Transformation program. The Transformation practice can be best described as Technology enabled consulting and 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 Managers for the business. Your experience will have been gained from within another global consulting organisation (operating currently at 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 Cloud Technology, 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 practice 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
Finance Function Transformation Consulting 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 Finance Function Transformation Consulting Managers – Insurance
✨Tip Number 1
Make sure to showcase your experience in Finance Function Transformation specifically within the Insurance sector. Highlight any large-scale projects you've led or been a part of, as this will resonate with the hiring team.
✨Tip Number 2
Network with professionals in the consulting and insurance industries. Attend relevant webinars or industry events to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 3
Familiarize yourself with the latest trends in insurance finance technology, such as Cloud Technology and Big Data. Being able to discuss these topics intelligently during interviews will demonstrate your up-to-date knowledge and passion for the field.
✨Tip Number 4
Prepare to discuss your leadership style and experiences in mentoring junior consultants. The role emphasizes collaboration and team performance, so be ready to share specific examples of how you've built high-performing teams in the past.
We think you need these skills to ace Finance Function Transformation Consulting Managers – Insurance
Some tips for your application 🫡
Understand the Role: Make sure you thoroughly understand the responsibilities and requirements of the Finance Function Transformation Consulting Manager position. Tailor your application to highlight your relevant experience in finance transformation within the insurance sector.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in leading finance transformation projects, particularly in the insurance industry. Mention specific technologies and systems you have worked with, such as Cloud Technology and ERP systems.
Showcase Leadership Skills: Since the role involves mentoring junior consultants and guiding client finance teams, be sure to provide examples of your leadership experience. Discuss how you've successfully led teams and managed client relationships in previous roles.
Tailor Your Application: Customize your cover letter to reflect the company's culture and values. Mention your passion for building high-performance teams and your proactive approach to consulting, aligning with their client-centric and collaborative philosophy.
How to prepare for a job interview at S.I.S Executive
✨Showcase Your Expertise in Finance Transformation
Be prepared to discuss your specific experience in finance transformation within the insurance sector. Highlight any successful projects you've led, particularly those involving regulatory compliance like IFRS 17, and how you managed change effectively.
✨Demonstrate Your Knowledge of Key Technologies
Familiarize yourself with the latest technologies and systems used in insurance finance, such as Cloud Technology and ERP systems. Be ready to explain how these tools can optimize finance functions and improve reporting processes.
✨Emphasize Your Collaborative Approach
Since the company values a collaborative culture, share examples of how you've worked effectively in teams. Discuss your experience mentoring junior consultants and how you foster a client-centric environment.
✨Prepare for C-Suite Engagement Scenarios
As this role involves client-facing interactions with C-suite executives, practice articulating complex financial concepts clearly and confidently. Prepare to discuss how you would guide clients through transformation programs and address their unique challenges.