FC&A Business Analyst

4 weeks ago

London, Greater London, United Kingdom Munich Re Services Full time

About the FC&A Business Analyst Role

The FC&A Business Analyst will play a pivotal role in ensuring the overall efficiency, effectiveness, and accuracy of GLLS budgeting and forecasting processes, as well as cost reporting, in line with company and group requirements.

Key Responsibilities:

  • Support the annual planning process and quarterly balance sheet and capital planning forecasting
  • Be the point of contact for all forecast/plan-related questions and upgrade and maintain planning models
  • Assist in identifying and defining systems & process alternatives capable of improving planning and forecasting in the company
  • Support the analysis of the financial performance of GLLS businesses and assist in analyzing reporting requirements

Competencies:

  • Drives Results: Consistently achieve results even under tough circumstances, with the organisation's performance in the front of your mind
  • Decision Quality: Make good and timely decisions to keep things moving, using analysis, experience, and judgement
  • Customer Focus: Build and maintain strong customer relationships, paying attention to their needs and adapting as this evolves
  • Business Insight: Apply your knowledge of the business and the market to advance your business' and wider organisation's goals
  • Cultivates Innovation: Create new and better ways for Munich Re to be successful, generating ideas, improving operational processes, and harnessing new technology
  • Persuades: Use compelling arguments to gain the support, buy-in, and commitment of others
  • Manages Ambiguity: Continue to operate effectively even when things are uncertain and the way forward is unclear
  • Courage: Not be afraid to step up to address difficult issues, saying what you believe needs to be said, and willing to challenge the status quo

Key Skills & Experience:

  • Business skills and commercial awareness, with experience of the insurance industry and the ability to evaluate solutions for commercial opportunities and/or risks
  • Financial Modelling expertise, including building and maintaining financial models, organising and modelling data in an efficient manner, allowing financial models to be understandable
  • Analytical skills, approaching problem-solving in a systematic way, recognising relationships and causal links while balancing detail with the 'bigger picture'
  • Technical skills, including working knowledge of SAP, SAP BO, advanced level Excel, Word, and PowerPoint
  • Accounting and regulatory knowledge, including IFRS 17/9 and UK GAAP

Qualifications and Educational Requirements:

  • A recognised accounting or business qualification
  • At least 3 years of experience in the insurance sector

About Munich Re Services

Munich Re Services is an equal opportunity employer, committed to creating an inclusive environment for all employees. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs.

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