Avencia Consulting
About us
Avencia Talent Solutions is partnered with a Corporate & Specialty Insurer. With over 120 years of experience, they operate across five continents, around 40 countries and employs over 5,000 people worldwide.
This position is a 12 month fixed term contract.
The role
1. To partner senior business stakeholders, providing insight for better decision making and leading on any financial elements requested
2. Support the business, effectively communicate the monthly result for UK and Ireland
3. Facilitate an efficient and effective annual planning process and quarterly forecast
4. Identify areas of improvement both in the business and finance, driving change where required
Key accountabilities
Business Partnering
* Partner the Underwriting team, providing financial insights in to the corporate lines of business
* Assess and challenge business cases for new products, ad hoc projects and other new opportunities
* Educate the business to build financial acumen across the teams to enable stakeholders to interpret the results themselves which will lead to better underwriting decisions in the future
* Look externally to spot and assess trends outside of the branch and subsidiary that can help drive the business forward and ultimately lead to better decisions
Reporting
* Oversee the production of the Monthly Finance Packs to support the business in understanding the financial result for UK and Ireland
* Ownership of the Home Office reporting requirements including; premium analysis, performance overviews and adhoc requests
* Oversee the quarterly premium accruals process and premium flash reporting
* Improve the availability of financial data and MI, analysing trends to support better and faster business decisions
Planning and Forecasting
* Support with facilitating the annual 5 year planning process, challenging the inputs received from the business for both the insurance P&L and expense budgets
* Support the Finance Analyst with the Plan and Forecast P&L production process ensuring alignment with Home Office timetables and deliverables
* Lead the implementation of the chosen Corporate planning tool, including design, and roll out to the Corporate business
Process Improvement/Risk and Controls
* Understand the data flow within the company and suggest improvements to create greater consistency between MI reporting and financial reporting
* Drive continuous improvement of existing financial processes to satisfy business requirements and support commercial decision making; driving automation where possible
* Design, implement and maintain process controls
* Ensure documentation of processes is accurate, up-to-date and accessible
Skills & experience
- Prior experience as a Finance Business Partner
- Ability to partner with senior stakeholders
- Insurance Industry experience
To apply for this job please visit www.reed.co.uk.
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