At a Glance
- Tasks: Analyse and improve financial processes to boost operational efficiency.
- Company: SiriusPoint is a global insurance and reinsurance underwriter with a strong financial reputation.
- Benefits: Enjoy competitive pay, remote work options, and a supportive team culture.
- Why this job: Make a real impact in a collaborative environment while developing your skills in finance.
- Qualifications: Bachelor's degree in Finance or Accounting; experience in process engineering preferred.
- Other info: Join a diverse team committed to integrity, customer focus, and innovative solutions.
The predicted salary is between 43200 - 72000 £ per year.
Finance Process Engineer Bermuda | London | New York |
Who We Are
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.7 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.
Join Our Team
As Finance Process Engineer, you will play a crucial role in analysing current state processes, and recommending, designing and implementing efficient end-to end processes to enhance our operational effectiveness. You will collaborate with various departments to identify areas for improvement and develop solutions that align with strategic goals and efficiency objectives. The ideal candidate will have a strong technical background and exceptional project management skills. You will report to the Head of Finance Transformation.
Your responsibilities will include:
- Analyse current-state financial processes across the finance function, with an initial focus on the Technical Accounting environment and identify areas for improvement.
- Design and implement optimized financial workflows, processes and controls and project plan to achieve future state outcomes.
- Collaborate with finance, underwriting, claims, IT, and other departments within the value chain to ensure seamless adoption and integration of new processes.
- Develop and maintain documentation for financial processes and procedures including narratives and process maps.
- Monitor and evaluate the effectiveness of implemented processes and make necessary adjustments.
- Provide training and support to staff on new financial processes.
- Liaise with internal and external audit as it relates to walkthroughs and controls.
- Partner with the finance transformation function on various projects and initiatives.
- Stay updated on industry trends and best practices in financial process engineering, particularly within the insurance and reinsurance sectors.
United behind common goals
At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.
Our Purpose is to provide security and resilience in an uncertain world.
Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.
Our culture is one ofperformance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.
OurValues are at the heart of our business, and which guide every day actions and decision making.
- Integrity: Integrity, respect and trust are our core principles
- Customer Focused: Our customers are the reason we exist
- Solution Driven: Creating solutions is our mindset
- Diversity: Diversity, inclusion and allyship make us stronger
- Collaboration: Collaboration drives our performance
Your skills and abilities should include:
- Bachelor\’s degree in Finance, Accounting, or a related field.
- Accounting designation preferred
- CPCU, ARE or other insurance/reinsurance designations would be an asset
- Six Sigma, Lean Six Sigma, DMAIC, BPM frameworks, or familiarity with APQC process classification framework an asset.
- Experience working with IT developers and data teams
- Experience with Insurance finance operations
- Proven experience in process engineering or a similar role within the insurance or reinsurance sector.
- Expertise in process modelling and working with process modelling tools.
- Strong analytical and problem-solving skills.
- Proven understanding and experience with US GAAP
- Proficiency in financial software and tools.
- Experience with Guidewire Billing Center, Workiva, SICS, Power BI, and Workday would be an advantage.
- Detail-oriented with a focus on accuracy and efficiency.
- Experience liaising with external auditors and other accounting and (re)insurance professionals.
- Excellent interpersonal, written, verbal and organizational skills plus the ability to communicate effectively with all levels of management.
- Strong analytical ability, problem-solving skills and attention to detail.
- Commitment to meeting deadlines and ability to work additional hours, weekends, and public holidays, as required.
Why Should You Join SiriusPoint?
Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment.Our Values – Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration – are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.
We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package.
We Achieve More Together
At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.
We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.
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Financial Process Engineer employer: SiriusPoint Ltd.
Contact Detail:
SiriusPoint Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Process Engineer
✨Tip Number 1
Familiarise yourself with the specific financial processes and tools mentioned in the job description, such as Guidewire Billing Center and Power BI. Having hands-on experience or knowledge about these tools can set you apart during discussions.
✨Tip Number 2
Network with professionals in the insurance and reinsurance sectors. Attend industry events or join relevant online forums to connect with people who work at SiriusPoint or similar companies. This can provide insights into the company culture and potentially lead to referrals.
✨Tip Number 3
Stay updated on the latest trends in financial process engineering, especially within the insurance sector. Being able to discuss recent developments or best practices during your interview can demonstrate your commitment and expertise in the field.
✨Tip Number 4
Prepare to showcase your project management skills by thinking of examples where you've successfully implemented process improvements. Be ready to discuss how you collaborated with different departments to achieve these outcomes, as this aligns closely with the role's responsibilities.
We think you need these skills to ace Financial Process Engineer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial process engineering, particularly within the insurance and reinsurance sectors. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of SiriusPoint's values and mission. Explain how your skills and experiences align with their goals, particularly in enhancing operational effectiveness and collaboration across departments.
Highlight Technical Skills: Emphasise your technical background and project management skills in your application. Mention any relevant certifications or frameworks you are familiar with, such as Six Sigma or BPM, as these are valuable for the role.
Showcase Problem-Solving Abilities: Provide examples in your application that demonstrate your analytical and problem-solving skills. Discuss specific instances where you've successfully improved processes or implemented new workflows in previous roles.
How to prepare for a job interview at SiriusPoint Ltd.
✨Understand the Role
Before the interview, make sure you thoroughly understand the responsibilities of a Finance Process Engineer. Familiarise yourself with financial processes, project management, and how they relate to the insurance and reinsurance sectors.
✨Showcase Your Technical Skills
Be prepared to discuss your technical background in finance and process engineering. Highlight any experience with tools like Guidewire Billing Center or Power BI, and be ready to explain how you've used these in past roles.
✨Demonstrate Problem-Solving Abilities
During the interview, provide examples of how you've identified areas for improvement in financial processes and implemented solutions. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Emphasise Collaboration
Since the role involves working with various departments, be sure to highlight your teamwork skills. Share experiences where you've successfully collaborated with finance, IT, or other teams to achieve common goals.