At a Glance
- Tasks: Lead and grow a consulting team in Finance Transformation for the Insurance sector.
- Company: Join a top-tier global consulting firm known for excellence in financial services.
- Benefits: Enjoy a competitive salary, equity options, and significant benefits with remote working flexibility.
- Why this job: Be part of a transformative journey, shaping the future of finance in insurance while making an impact.
- Qualifications: Extensive experience in Finance Transformation consulting, ideally at Partner or Executive Director level.
- Other info: Confidentiality assured; all communications comply with GDPR.
Industry: Management Consulting
Vertical: Financial Services
Location: UK Wide – Remote Working
Package: Base salary C£350K (open to negotiation and dependent on experience) plus significant benefits 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 for an individual either at Executive Director or Director level (Equity Partner, Associate Partner, Managing Director or Director equivalent) to spearhead the growth build-out of their UK Finance Function Transformation practice focused on the G.I and Specialty Insurance sector. Both the Executive Director and Director level position carry significant compensation packages including equity.
The Role: The role is a classic practice build leadership position 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 senior consulting professional with extensive experience in Finance Transformation (CFO Advisory) consulting within the UK & European Insurance marketplace realistically operating at Partner, Associate Partner, Executive Director or Director level. You will need a proven track record in building 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 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 programs. 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 Partner / Executive Director 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 Partner / Executive Director
✨Tip Number 1
Network strategically within the financial services sector. Attend industry events, webinars, and conferences where you can meet key players in finance transformation. Building relationships with professionals in this niche can lead to referrals and insider information about opportunities.
✨Tip Number 2
Showcase your expertise by contributing to industry discussions on platforms like LinkedIn. Share insights on finance transformation trends, regulatory changes, or technology advancements in insurance. This not only positions you as a thought leader but also increases your visibility among potential employers.
✨Tip Number 3
Prepare for interviews by researching the specific challenges faced by CFOs in the insurance sector. Tailor your responses to demonstrate how your experience aligns with their needs, particularly in areas like IFRS 17 compliance and finance function optimisation.
✨Tip Number 4
Leverage your existing network to gather insights about the company culture and expectations at the consulting firm you're applying to. Understanding their values and priorities can help you tailor your approach and demonstrate that you're a perfect fit for their team.
We think you need these skills to ace Finance Function Transformation Partner / Executive Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in Finance Transformation and CFO Advisory. Focus on your achievements in building practices and managing client relationships, particularly within the UK & European Insurance sector.
Craft a Compelling Cover Letter: Your cover letter should reflect your understanding of the role and the company. Emphasise your leadership skills, ability to develop teams, and your strategic vision for the Finance Function Transformation practice.
Showcase Relevant Experience: In your application, provide specific examples of how you've successfully led transformational projects, particularly those involving regulatory compliance and finance function improvements. Use quantifiable results to demonstrate your impact.
Highlight Industry Knowledge: Demonstrate your knowledge of key technologies and systems in insurance finance, as well as your understanding of industry standards and trends. This will show that you are well-equipped to advise clients effectively.
How to prepare for a job interview at Yapay Zeka TR
✨Showcase Your Leadership Skills
As a candidate for an Executive Director role, it's crucial to demonstrate your leadership capabilities. Prepare examples of how you've successfully led teams, managed client relationships, and driven transformational projects in the finance sector.
✨Highlight Your Industry Knowledge
Make sure to discuss your extensive knowledge of the insurance finance landscape, including regulatory compliance and key technologies. Be ready to explain how this expertise can benefit the consulting firm and their clients.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Think about past challenges you've faced in finance transformation and how you navigated them to achieve successful outcomes.
✨Demonstrate Your Network
Since building a CFO Advisory practice is a key aspect of the role, be prepared to discuss your professional network. Highlight connections with industry leaders and how these relationships can help drive business growth for the consulting firm.