Expenses Business Partner
4 days ago
We are looking for an Expenses Business Partner to join a leading insurance group at Lloyd's, the world's specialist insurance market. They help protect industries around the world from the risks they face. Their customers include major airlines, energycompanies, shipping groups, global manufacturers and property groups
The main responsibility of the role is the production of expense budgets and quarterly expense reporting. This includes the production of variance analysis for presentation to senior management. Other responsibilities include regulatory expense reporting andthe preparation of quarterly expense recharges between group entities.
The role is extremely client facing, with direct interaction with all department heads and presentation to senior management. Effective, strong relationships with those stakeholders will be essential.
You will do/be:
- Quarterly GAAP accounting and reporting process
- Quarterly review with budget holders to ensure YTD expenditure and accrual/prepayment decisions are appropriate
- Process quarterly recharges from the service company to syndicates and other corporate entities
- Review the appropriateness of splits to claims handling or acquisition cost lines
- Assist the Senior Expense Business Partner in the understanding of variances and the reporting of initial early sights of GAAP and YOA reported expenses through to final actual external reporting
Budget setting and reforecasting
- Production of the detailed annual budget
- Producing suitable reporting of expense composition and commentary on variances
- Presentations to senior management of the budget, with suitable analysis to understand composition, variances and review challenges made. The presentations should also highlight key risk areas or relevant trending of expenses
Quarterly management information on underwriting year / Year of account
- Allocation of approved budgets and actual expenses down to the required class level for the purposes of management review on an underwriting year basis
- Ensure the allocation process is transparent, well understood and agreed with the key stakeholders
- Track the development of the ultimate expense forecasts, to ensure it is updated with actual experience and updated expectations
REGULATORY RESPONSIBILITIES
Regulatory Reporting
- Produce required expense reporting within the Syndicate Business Plan (SBF)
- Produce the required cash flow expense reporting for SII technical provision projections
Other
- Ensuring the cost centres, ledger structure and expense reporting tool are all adequate and maintained to allow efficient and effective reporting
- Assist in the development of expense processes and the identification of efficiencies
- Ensure relevant SOX controls are adhered to
- Respond to audit queries and assist with audit review
OUR REQUIREMENTS
RELEVANT EXPERIENCE
Essential
- Experience in preparing budgets and expense analysis
- Experience in expense controls and processes
- Advanced Excel
- Chartered Accountant (ACA/CIMA/ACCA)
Desirable
- Insurance industry exposure
- Knowledge of UKGAAP/USGAAP
- Lloyd's of London accounting
- Knowledge of Oracle PeopleSoft
- Knowledge of Excel VBA
**Benefits**:
- Hybrid working from the London office
- £50-60k
-
Expense Business Partner
2 weeks ago
London, United Kingdom WPR Full timeWPR is pleased to be working with a leading Lloyd's Insurer who are looking to bring in an Expense Business Partner. This is a permanent London based role with 3 days in the office.The purpose of this role is to provide strategic, forward looking decision support and business partnering to finance and business stakeholders.Key responsibilities will...
-
Expense Business Partner
6 days ago
London, United Kingdom BCT Resourcing Full time**Expense Business Partner** **London and hybrid working** **Temp to perm** **£45,000 - £65,000 per annum** I am currently recruiting for an experienced Expense Business Partner to join a widely-respected insurance firm on a temporary to permanent basis. The Role: The Expense Business Partner is responsible for supporting the Head of FP&A and Head of...
-
Expense Business Partner
4 days ago
City Of London, United Kingdom WPR Full timeWPR is pleased to be working with a leading Lloyd's Insurer who are looking to bring in an Expense Business Partner. This is a permanent London based role with 3 days in the office.The purpose of this role is to provide strategic, forward looking decision support and business partnering to finance and business stakeholders.Key responsibilities will...
-
Expense Business Partner
4 days ago
City Of London, United Kingdom WPR Full timeWPR is pleased to be working with a leading Lloyd's Insurer who are looking to bring in an Expense Business Partner. This is a permanent London based role with 3 days in the office. The purpose of this role is to provide strategic, forward looking decision support and business partnering to finance and business stakeholders. Key responsibilities will...
-
Expense Business Partner
4 days ago
City Of London, United Kingdom WPR Full timeWPR is pleased to be working with a leading Lloyd's Insurer who are looking to bring in an Expense Business Partner. This is a permanent London based role with 3 days in the office.The purpose of this role is to provide strategic, forward looking decision support and business partnering to finance and business stakeholders.Key responsibilities will...
-
Expense Business Partner
2 weeks ago
City Of London, UK, Central London, United Kingdom WPR Full timeWPR is pleased to be working with a leading Lloyd's Insurer who are looking to bring in an Expense Business Partner. This is a permanent London based role with 3 days in the office.The purpose of this role is to provide strategic, forward looking decision support and business partnering to finance and business stakeholders.Key responsibilities will...
-
Expense Fp&a
1 week ago
London, United Kingdom Insight Recruitment Solutions Limited Full timeExpense Business Partner Coming out of growth, this is a truly superb opportunity for Expense specialist analyst with business partnering skills to be the lead Expense analyst at this global insurance business. Core responsibilities will include - Build and maintain the business unit forecasts - Reporting on performance and drivers around expenses again...
-
Expense Business Partner
4 days ago
London, United Kingdom IQUW Full timeOverview: Do you have a great knowledge of expense management? Our Expense Business Partner is responsible for the delivery of expense related budgeting, financial management information, analysis insight and control within Financial Planning & Analytics. They work closely with Expense Operations Analysts within the Finance Operations Team and own...
-
Expense Business Partner
4 days ago
London, United Kingdom IQUW Group Full timeOverview: Do you have a great knowledge of expense management? Our Expense Business Partner is responsible for the delivery of expense related budgeting, financial management information, analysis insight and control within Financial Planning & Analytics. They work closely with Expense Operations Analysts within the Finance Operations Team and own...
-
Expense Business Partner
4 months ago
London, United Kingdom WPR Full timeExpenses Business PartnerWPR have been engaged by a high profile International insurer to hire a new Expense Business Partner. The role has the responsibility for the management and associated reporting of the IT expenditure. You will need to be able to work on in hands on capacity, alongside presenting to senior stakeholders.Key responsibilitiesMonthly...
-
Expense Business Partner
4 months ago
London, United Kingdom WPR Full timeExpenses Business PartnerWPR have been engaged by a high profile International insurer to hire a new Expense Business Partner. The role has the responsibility for the management and associated reporting of the IT expenditure. You will need to be able to work on in hands on capacity, alongside presenting to senior stakeholders.Key responsibilitiesMonthly...
-
Expense Business Partner
2 months ago
London, United Kingdom WPR Full timeJob Description Expenses Business Partner WPR have been engaged by a high profile International insurer to hire a new Expense Business Partner. The role has the responsibility for the management and associated reporting of the IT expenditure. You will need to be able to work on in hands on capacity, alongside presenting to senior stakeholders. Key...
-
Expense Business Partner
6 days ago
London, United Kingdom eFinancialCareers Full timeProviding analysis and reporting to enable decision making and performance management - Assistance with finance pack and commentary - Working on and delivering on projects - Provides management information to Senior Management teams - Improvement of Expense function - Budgeting and mid - year forecasting - Working with Finance Business Partners to help drive...
-
Fp&a Expense Business Partner
7 months ago
London, United Kingdom Tokio Marine HCC Full time**Job Title: FP&A Expense Business Partner** **Reporting to: Head of Expense Management & Transformation** **Direct Reports: None** **Position Type: Permanent** Overview: Operating within the International Finance Expense FP&A team the purpose of this role is to provide strategic, forward looking decision support and business partnering to finance and...
-
Expense Business Partner
2 days ago
London, United Kingdom Aviva Full timeHere at Aviva, we have a fantastic opportunity to join our UK General Insurance (UKGI) team, in the role of Expense Business Partner. This is an important hire for this team, as the chosen post-holder will support our Commercial Lines business - which hasa strong growth ambition - providing them with insightful and action orientated information, highlighting...
-
Expense Business Partner
4 months ago
London Area, United Kingdom WPR Full timeExpenses Business PartnerWPR have been engaged by a high profile International insurer to hire a new Expense Business Partner. The role has the responsibility for the management and associated reporting of the IT expenditure. You will need to be able to work on in hands on capacity, alongside presenting to senior stakeholders.Key responsibilitiesMonthly...
-
Expense Business Partner
4 months ago
London Area, United Kingdom WPR Full timeExpenses Business PartnerWPR have been engaged by a high profile International insurer to hire a new Expense Business Partner. The role has the responsibility for the management and associated reporting of the IT expenditure. You will need to be able to work on in hands on capacity, alongside presenting to senior stakeholders.Key responsibilitiesMonthly...
-
Expense Business Partner
4 months ago
London Area, United Kingdom WPR Full timeExpenses Business Partner WPR have been engaged by a high profile International insurer to hire a new Expense Business Partner. The role has the responsibility for the management and associated reporting of the IT expenditure. You will need to be able to work on in hands on capacity, alongside presenting to senior stakeholders. Key responsibilities ...
-
Expense Business Partner
4 weeks ago
London, United Kingdom PIC Full timePension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Companywide strategic objectives and driving...
-
Business Partner for Expense Management
3 weeks ago
London, Greater London, United Kingdom PIC Full timeJob DescriptionWe are seeking a highly skilled Business Partner to join our Expense Management team. The ideal candidate will have experience in cost management initiatives and be able to drive efficiency in functions.The role will involve partnering with Executive Committee members to drive growth and ensure appropriate cost oversight. You will be...
