At a Glance
- Tasks: Drive financial performance through insightful analysis and strategic planning.
- Company: Join a dynamic Insurtech company transforming the insurance landscape.
- Benefits: Enjoy 25 days leave, healthcare, wellness initiatives, and a supportive work culture.
- Other info: Be part of a diverse team that values your unique contributions and supports your growth.
- Why this job: Make a real impact in a fast-paced environment while developing your finance skills.
- Qualifications: Degree in finance or accounting; experience in financial planning and analysis preferred.
The predicted salary is between 50000 - 60000 € per year.
We are seeking an experienced and detail-oriented FP&A Senior Analyst to join our Insurtech business. As the FP&A Senior Analyst, you will be responsible for producing all financial planning and analysis deliverables, providing valuable insights and recommendations to drive the company's financial performance and strategic decision-making. This role requires a strong analytical mindset, excellent communication skills, and the ability to work collaboratively with cross-functional teams.
Who are the team?
UnderwriteMe Finance is a global team operating in the UK, Asia, Australia, and the U.S. The Finance team is divided into 3 main areas: Operational Finance, Finance Reporting, and FP&A.
Team outputs/ objectives
The FP&A team is responsible for all financial analysis, MI design and production, strategic planning, and forecasting. The FP&A team also supports the company strategic objectives in relation to acquisitions, pricing, modelling, and tax strategy.
What you will be doing:
- Financial Planning: Develop and maintain the company's financial planning process, including annual budgeting, forecasting, and long-range planning. Collaborate with department heads to gather financial data and assumptions for budgeting and forecasting purposes. Analyze financial results, identify trends, and provide recommendations to improve financial performance and operational efficiency. Monitor and report on key financial metrics to senior management, highlighting areas of concern or opportunities for improvement.
- Financial Analysis: Conduct in-depth financial analysis, including variance analysis, profitability analysis, and scenario modelling, to support strategic decision-making. Evaluate the financial impact of business initiatives, new product launches, and pricing changes. Identify risks and opportunities in the financial forecast and provide recommendations to mitigate risks or optimize opportunities. Develop financial models and dashboards to track and communicate key financial metrics and KPIs.
- Financial Reporting: Prepare timely and accurate financial reports, including monthly/quarterly management reports, board presentations, and staff updates. Ensure compliance with accounting standards, regulatory requirements, and internal controls. Support external audit activities and provide necessary financial information and documentation.
- Team Collaboration: Work closely with the PP and DP Lines of businesses management teams as required. Foster a culture of continuous improvement, promoting efficiency and effectiveness within the FP&A function. Collaborate with other finance and accounting teams to ensure seamless integration and alignment of financial processes.
What type of person fits the role:
- Bachelor’s degree in finance, Accounting, or a related field.
- Qualified via CIMA, ACCA or similar.
- Experience supporting a finance system implementation or transformation (e.g. moving from Excel models to a planning tool) is an advantage.
- Proven experience in financial planning and analysis, preferably in the Insurtech/Technology industry.
- Experience in pricing models.
- Strong analytical skills and ability to interpret complex financial data.
- Proficient in financial modelling and forecasting techniques.
- Excellent knowledge of accounting principles and financial reporting standards.
- Advanced proficiency in Microsoft Excel and financial software (e.g. ERP systems, BI tools), having implemented a new tool would be a plus.
- Strong communication and presentation skills, with the ability to effectively communicate complex financial information to non-financial stakeholders.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
About UnderwriteMe
UnderwriteMe is an Insurtech software business and subsidiary of Pacific Life Re (PL Re), a global life and pensions reinsurance firm. We have a vision to help everyone purchase protection insurance by using data and disruptive technology to transform our partners and markets in order to make their underwriting processes as quick and efficient as possible.
Working for UnderwriteMe
Joining UnderwriteMe means being part of a technology company that is committed to bringing a fresh and dynamic approach to insurance. You’d be working with a team of highly technical experts made up of people with backgrounds in software, fintech, and insurance. Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and wellbeing initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events, and overseeing volunteering opportunities.
Benefits (Only for Permanent and Fixed Term Employees)
- 25 days of annual leave with option to buy/sell more days
- Adoption and fertility leave
- Generous enhanced parental leave
- Comprehensive private insurance coverage for employee and dependents
- Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
- Optical benefits
- 15% combined employee/employer contributions
- Subsidized gym membership
- Access to Employee Assistance Program
- Cycle to Work and Electric Car Salary Sacrifice Scheme
- Time off for volunteering
- Charitable matching of employee donations
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners, and communities. We support all employees to thrive and achieve their fullest potential. As part of our commitment to accessibility for all, UnderwriteMe will, upon the request of the applicant, provide accommodation during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs, and we will consult with you to ensure suitable accommodation is provided.
UnderwriteMe Values
Please click here to view our company values.
FP&A Senior Analyst - 12 month FTC in London employer: UnderwriteMe
UnderwriteMe is an exceptional employer that fosters a dynamic and inclusive work culture, where every team member's unique contributions are valued. With a strong commitment to employee growth, we offer extensive benefits including generous leave policies, comprehensive healthcare, and wellness initiatives, all while promoting a healthy work-life balance. Located in a vibrant industry, our collaborative environment encourages innovation and provides opportunities for meaningful engagement in both professional development and community involvement.
StudySmarter Expert Advice🤫
We think this is how you could land FP&A Senior Analyst - 12 month FTC in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurtech sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common FP&A questions. Think about how you can showcase your analytical skills and experience with financial modelling. We recommend doing mock interviews with friends or using online platforms to get comfortable.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific projects where you improved financial performance or streamlined processes. This will help you stand out as a candidate who can deliver results.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining UnderwriteMe and being part of our innovative team.
We think you need these skills to ace FP&A Senior Analyst - 12 month FTC in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the FP&A Senior Analyst role. Highlight your financial planning and analysis experience, especially in the Insurtech or technology sectors. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention any relevant projects or achievements that showcase your analytical skills.
Showcase Your Analytical Skills:In your application, be sure to highlight your strong analytical mindset. Share examples of how you've conducted financial analysis or developed financial models in previous roles. We love seeing real-world applications of your skills!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're keen on joining our team at UnderwriteMe!
How to prepare for a job interview at UnderwriteMe
✨Know Your Numbers
Before the interview, brush up on your financial analysis skills. Be ready to discuss specific metrics and trends relevant to the Insurtech industry. This will show that you understand the business and can contribute valuable insights.
✨Showcase Your Collaboration Skills
Since this role involves working closely with cross-functional teams, prepare examples of how you've successfully collaborated in the past. Highlight any experience you have in fostering teamwork and driving results through effective communication.
✨Prepare for Scenario Questions
Expect questions that ask you to analyse hypothetical financial situations or challenges. Practice articulating your thought process and decision-making strategies, especially around financial modelling and forecasting.
✨Demonstrate Your Tech Savvy
Familiarise yourself with financial software and tools mentioned in the job description. If you've implemented new systems before, be ready to discuss your experience and how it improved financial processes. This will set you apart as a candidate who can adapt to their tech-driven environment.
