At a Glance
- Tasks: Lead finance transformation projects and manage key client relationships in the insurance sector.
- Company: Join a top global consulting firm known for its innovative solutions in financial services.
- Benefits: Enjoy remote work flexibility, competitive salary, bonuses up to 30%, and equity options.
- Why this job: Be part of a dynamic team driving change in the insurance industry with significant impact.
- Qualifications: Extensive experience in finance transformation consulting and a strong network in the insurance market.
- Other info: This role offers opportunities for personal and professional development in a fast-growing practice.
The predicted salary is between 108000 - 252000 £ per year.
Position: Finance Function Transformation – Associate Director – Insurance
Industry: Management Consulting
Vertical: Financial Services - Insurance
Location: UK Wide – Remote Working
Package: Base salary up to £180K plus benefits, bonus up to 30% and equity
Background: Our client is a highly regarded, well-respected listed Global consulting firm focused on multi-competence 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. Within the UK and European Insurance sector, they have a very established CTO and COO advisory practice and are looking to recruit a number of individuals at Associate Director level to support the growth and further build out of their UK Finance Function Transformation practice focused on the G.I and specialty Insurance sector.
The Roles: The roles are classic practice build leadership positions where you will be tasked to scale the existing consulting team at all levels, develop capability and competence of the existing team members and develop further the go-to-market proposition and solutions in line with the challenges that the CFO offices across the Insurance sector are facing now and in the future. You will take a lead role managing key client relationships, advising them on strategy, proposing and supporting appropriate solutions, negotiating engagements, dealing with any escalations, and ensuring seamless delivery that exceeds expectations. You will be responsible for providing leadership, guidance and inspiration to a number of direct and indirect reports, supporting their personal and professional development. The Transformation practice currently 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: We are looking for a number of senior consulting professionals with extensive experience in Finance Transformation (CFO Advisory) consulting within the UK & European Insurance marketplace. You will need a proven track record in supporting the build of a CFO Advisory practice, an extensive network of clients and contacts and an individual recognised in the industry as a trusted advisor. You will need excellent 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 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. You will be highly articulate, persuasive, creative in thinking with a high level of attention to detail. You will need to be able to demonstrate that you have delivered truly quantified results on behalf of your clients within the context of very large-scale programmes. We are seeking individuals who are looking for full life cycle transformational project work and to that end you will need a high degree of commercial acumen and an ability to see things through. Please be rest assured of discretion and confidentiality and all contact is in line with GDPR.
Finance Function Transformation Associate Directors – Insurance employer: Yapay Zeka TR
Contact Detail:
Yapay Zeka TR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Function Transformation Associate Directors – Insurance
✨Tip Number 1
Network strategically within the insurance and finance sectors. Attend industry events, webinars, and conferences to connect with professionals who are already in the field. This can help you gain insights into the latest trends and potentially lead to referrals.
✨Tip Number 2
Showcase your expertise by engaging in discussions on platforms like LinkedIn. Share articles or insights related to finance transformation and insurance, which can position you as a thought leader and attract attention from recruiters.
✨Tip Number 3
Research the company thoroughly. Understand their recent projects, values, and culture. Tailoring your conversations during networking or interviews to reflect this knowledge can demonstrate your genuine interest and alignment with their goals.
✨Tip Number 4
Prepare for potential interviews by practising situational questions that focus on leadership and transformation scenarios. Be ready to discuss specific examples of how you've successfully led teams or projects in finance transformation, particularly in the insurance sector.
We think you need these skills to ace Finance Function Transformation Associate Directors – Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Finance Transformation and CFO Advisory. Use specific examples that demonstrate your success in building consulting practices and managing client relationships within the insurance sector.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Emphasise your understanding of the challenges faced by CFO offices in the insurance sector and how your skills can help address these issues.
Showcase Relevant Experience: In your application, provide detailed accounts of your previous roles, particularly those that involved leading teams and delivering transformational projects. Highlight any quantifiable results you achieved for clients.
Research the Company: Familiarise yourself with the consulting firm’s values, recent projects, and their approach to Finance Function Transformation. This knowledge will help you tailor your application and prepare for potential interviews.
How to prepare for a job interview at Yapay Zeka TR
✨Showcase Your Expertise in Finance Transformation
Make sure to highlight your extensive experience in Finance Transformation consulting, particularly within the UK and European Insurance marketplace. Be prepared to discuss specific projects where you've successfully built CFO Advisory practices and delivered quantifiable results.
✨Demonstrate Your Knowledge of Key Technologies
Familiarise yourself with the key technologies and systems used in insurance finance, such as Actuarial models and ERP systems. During the interview, be ready to discuss how these technologies can optimise finance functions and improve reporting processes.
✨Prepare for Client Relationship Management Questions
Since the role involves managing key client relationships, think about examples from your past where you successfully advised clients on strategy and solutions. Be ready to explain how you handled escalations and ensured seamless delivery that exceeded client expectations.
✨Exhibit Leadership and Team Development Skills
As a potential leader in this role, it's crucial to demonstrate your ability to inspire and develop team members. Prepare to share experiences where you've provided guidance and support to direct and indirect reports, helping them grow professionally.