Senior Financial Analyst

Senior Financial Analyst

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial analysis and support strategic projects for the UK & Europe finance team.
  • Company: Join Starr Insurance, a global leader in insurance and investment since 1919.
  • Benefits: Enjoy flexible working options, including remote work and reduced hours.
  • Why this job: Be a key player in a fast-paced environment with exposure to diverse stakeholders.
  • Qualifications: 5+ years of relevant experience; degree educated and fully qualified in finance or actuarial fields.
  • Other info: Starr values diversity and offers first-class training and development opportunities.

The predicted salary is between 43200 - 72000 £ per year.

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

An opportunity to become a key member of Starr’s UK & Europe finance team in a new role as Senior Financial Analyst. This role will support the Deputy Finance Director – UK & Europe and the Finance Director – UK & Europe.

Roles & Responsibilities

  • Lead financial analysis in support of the Deputy Finance Director – UK & Europe in both Finance matters (operational and financial) as well as on Strategic projects;
  • Establish a sub-function responsible for financial planning and analysis of operating expenses and IT investment spend;
  • Design and produce reporting to support the analysis and forecasting of financial performance, operating expenses, operational efficiency and cash flow analysis;
  • Develop financial and scenario analyses models to support decision-making, cost/benefit and business case analysis;
  • Assist in providing support to process improvement and control solution efforts both within the Finance function and in other areas of the business, as required;
  • Liaise with stakeholders across the business at all levels, as required.

Experience

  • 5 years + relevant experience at manager level;
  • Open to a variety of backgrounds including Finance, Actuarial or Consultancy roles. This person should be looking for exposure to a wide range of stakeholders and functions, with the opportunity to showcase analytical skills in a fast-paced environment;
  • Past managerial or supervisory role including responsibility for reviewing outputs and staff performance;
  • First class skill set in data consumption and analysis, analytics and producing management information;
  • Strong understanding of the non-life Insurance market, including Lloyd’s and the London Market.

Skills

  • Ambitious self-starter with the confidence to define a new role, supporting a range of business objectives;
  • Capable of managing competing deadlines to execute several projects in parallel and deliver on timelines;
  • Experience of business partnering with the ability to provide ongoing challenge and process improvement;
  • Ability to think strategically and provide insights and recommendations;
  • Advanced numeracy, analytical and problem-solving skills with high attention to detail;
  • Excellent collaboration skills, and confidence communicating with senior stakeholders;
  • Negotiation, judgment and decision-making ability;
  • Professional business writing and presentation skills.

Systems & IT

  • Advanced Excel and PowerPoint skills;
  • Power BI or similar data analytics software preferred;
  • Experience with Anaplan or other planning tools;
  • Passion for data: analyzing data, improving data, presenting data.

Qualifications

  • Degree educated or equivalent;
  • Fully qualified in an Accounting, Actuarial or other financial qualification.

Starr is an equal opportunity employer, which means we’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we’re committed to creating an inclusive environment for all employees. We offer first-class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

For this role, we are open to discussing flexible working options with the possibility of reduced hours, remote working, flexible start and finish times. Please discuss your requirements with us during the interview process and we will explore what’s possible for the role.

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Senior Financial Analyst employer: Starr Insurance Companies

Starr Insurance Companies is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong commitment to employee development, we provide first-class training opportunities and flexible working arrangements, ensuring that our team members can achieve a healthy work-life balance while growing their careers. Join us in our UK & Europe finance team and be part of a global organization that values diversity and fosters an inclusive culture, empowering you to make a meaningful impact in the insurance industry.
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Contact Detail:

Starr Insurance Companies Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Financial Analyst

✨Tip Number 1

Familiarize yourself with the non-life insurance market, especially Lloyd's and the London Market. Understanding these areas will not only help you in interviews but also demonstrate your commitment to the industry.

✨Tip Number 2

Showcase your analytical skills by preparing examples of past projects where you've successfully managed financial analysis or process improvements. Be ready to discuss how you approached challenges and what outcomes you achieved.

✨Tip Number 3

Network with professionals in the finance and insurance sectors, particularly those who have experience in managerial roles. This can provide valuable insights into the role and may even lead to referrals.

✨Tip Number 4

Brush up on your advanced Excel and Power BI skills. Being proficient in these tools is crucial for the role, and demonstrating your expertise can set you apart from other candidates.

We think you need these skills to ace Senior Financial Analyst

Financial Analysis
Data Consumption and Analysis
Advanced Excel Skills
Power BI or Similar Data Analytics Software
Financial Planning and Analysis
Scenario Analysis Models
Operational Efficiency Analysis
Cash Flow Analysis
Stakeholder Management
Business Partnering
Strategic Thinking
Problem-Solving Skills
Attention to Detail
Professional Business Writing
Presentation Skills
Negotiation Skills
Judgment and Decision-Making

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Senior Financial Analyst position. Understand the key responsibilities and required skills, and think about how your experience aligns with these.

Tailor Your CV: Customize your CV to highlight relevant experience in financial analysis, data consumption, and stakeholder management. Use specific examples that demonstrate your analytical skills and past managerial roles.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention your understanding of the non-life insurance market and how you can contribute to Starr's objectives.

Highlight Technical Skills: Make sure to emphasize your proficiency in advanced Excel, PowerPoint, and any data analytics software like Power BI. If you have experience with planning tools like Anaplan, be sure to include that as well.

How to prepare for a job interview at Starr Insurance Companies

✨Showcase Your Analytical Skills

As a Senior Financial Analyst, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to drive decision-making in previous roles. Highlight any financial models or scenario analyses you've developed.

✨Understand the Non-Life Insurance Market

Familiarize yourself with the non-life insurance market, especially Lloyd's and the London Market. Being able to speak knowledgeably about industry trends and challenges will demonstrate your expertise and interest in the field.

✨Prepare for Stakeholder Engagement

This role involves liaising with various stakeholders. Think of examples where you've successfully collaborated with different teams or senior management. Emphasize your communication skills and ability to manage competing deadlines.

✨Demonstrate Your Problem-Solving Abilities

Be ready to discuss situations where you've identified problems and implemented solutions. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your judgment and decision-making skills.

Senior Financial Analyst
Starr Insurance Companies
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