Finance Business Development Partner

3 weeks ago

London, Greater London, United Kingdom Nexus Underwriting Full time
Job Title: Finance Business Development Partner

We are seeking a highly skilled Finance Business Development Partner to join our team at Nexus Underwriting. This role will play a crucial part in supporting management and senior leadership in commercial decision making by providing up-to-date financial information, KPIs, and dashboards.

Key Responsibilities:
  • Financial Planning:
  • Support unit heads in the preparation and delivery of annual budgets and quarterly forecasts.
  • Ensure ongoing tracking and variance analysis against budgets and provide commentary.
  • Financial Reporting & Analysis:
  • Collaborate with MDs and the finance department to ensure the timely preparation of monthly management accounts.
  • Provide detailed month-end reports and commentary for senior management.
  • Seek opportunities for continuous improvement, streamlined reporting, and business process efficiency to enable business management to lead their teams and drive strategy more effectively.
  • Prepare and deliver PowerPoint presentations and various financial reports to Executives, MDs, and underwriting teams covering financial performance and future planning.
  • Performance and Cost Management:
  • Develop dashboard reporting and key performance indicators to evaluate underwriting and financial performance.
  • Ensure that cost-saving initiatives are accurately measured and aligned with revenue improvement initiatives.
  • Operations:
  • Attend Exec, Board, & ad hoc meetings with the business as required.
  • Key contact between the business units and the Finance team.
  • Assist with the year-end audit where required.

Requirements:

  • Qualified Accountant with 3+ PQE in the insurance industry.

Skills:

  • Proficient Microsoft Excel and PowerPoint skills.
  • Enthusiastic and positive attitude.
  • Excellent communication skills, oral and written.
  • Strong people skills with the ability to engage with different departments.

Knowledge:

  • Practical hands-on experience in the insurance industry, working in a reputable MGA, brokerage, or for a carrier/insurer.
  • Previous experience of financial planning and analysis.

Estimated Salary: £60,000 - £80,000 per annum

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