At a Glance
- Tasks: Lead finance transformation projects in the insurance sector, coaching teams and guiding clients through change.
- Company: Join a top global consulting firm known for its collaborative culture and client-centric approach.
- Benefits: Enjoy a competitive salary, 30% bonus, hybrid working model, and excellent career progression opportunities.
- Why this job: Be part of a dynamic team driving impactful change in the financial services industry.
- Qualifications: Experience in finance transformation within insurance, with knowledge of key technologies and compliance standards.
- Other info: Work remotely across the UK with a diverse and energised workforce.
The predicted salary is between 84000 - 196000 £ per year.
Our client is a highly regarded, well-respected listed Global consulting firm focused 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 consultants 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.
These are classic client facing C-suite (CFO) Insurance Sector consulting roles covering Life, Non-Life & Speciality, where you will be leading / working as part of a Finance Transformation team running large scale projects, programs and client workshops: leading, coaching and mentoring teams of Managers, Consultants and Senior Consultants at varying levels of experience as well as guiding the incumbent client Finance teams through the change and Transformation program. The Transformation practice 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.
As mentioned we are looking for a number of Senior Managers for the business. Your experience will have been gained from within another global consulting organisation (operating currently at Senior 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 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 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.
Finance Function Transformation Consulting Senior Managers – 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 Consulting Senior Managers – Insurance
✨Tip Number 1
Network with professionals in the finance transformation and insurance sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 2
Familiarise yourself with the latest trends in finance technology, especially those relevant to the insurance sector. Being knowledgeable about tools like ERP systems, data analytics, and cloud migration will help you stand out during interviews.
✨Tip Number 3
Prepare to discuss your experience in leading finance transformation projects. Be ready to share specific examples of how you've successfully managed teams and guided clients through significant changes in their finance functions.
✨Tip Number 4
Showcase your understanding of regulatory compliance, particularly IFRS 17. Highlight any relevant experience you have in navigating these standards, as this knowledge is crucial for the role and will demonstrate your expertise to potential employers.
We think you need these skills to ace Finance Function Transformation Consulting Senior Managers – Insurance
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Finance Function Transformation Senior Managers position. Make sure you understand the key responsibilities and required skills, particularly in finance transformation within the insurance sector.
Tailor Your CV: Customise your CV to highlight relevant experience in finance transformation and consulting. Emphasise your leadership roles, specific projects you've managed, and any technologies or systems you've worked with that are mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss your understanding of the insurance market and how your background aligns with their needs, particularly in finance function transformation.
Highlight Relevant Achievements: In both your CV and cover letter, include quantifiable achievements that demonstrate your impact in previous roles. Use metrics to illustrate your success in leading teams, managing projects, or improving processes in finance transformation.
How to prepare for a job interview at Yapay Zeka TR
✨Understand the Finance Transformation Landscape
Make sure you have a solid grasp of the current trends and challenges in finance transformation, especially within the insurance sector. Familiarise yourself with key technologies like ERP systems and data analytics tools, as well as regulatory changes such as IFRS 17.
✨Showcase Your Leadership Skills
As a Senior Manager, you'll be expected to lead teams and mentor others. Prepare examples from your past experiences where you've successfully led projects or coached team members, highlighting your collaborative approach and ability to drive results.
✨Demonstrate Client-Centric Thinking
This role requires a strong focus on client needs. Be ready to discuss how you've previously engaged with clients, understood their requirements, and delivered tailored solutions that added value to their business.
✨Prepare for Technical Questions
Expect questions that assess your technical knowledge of finance systems architecture and compliance standards. Brush up on your understanding of how different components of finance systems interact and be prepared to discuss how you would design strategic solutions for clients.