Group Senior FP&A Analyst
22 hours ago
The Role
This role is highly visible within the business and is responsible for assisting the Group FP&A Senior Manager in the preparation and delivery of financial management information and analysis within FP&A for the Group, both on a GAAP and IFRS 17 basis. The role will also be key in narrating the results of the business to a wide array of stakeholders and on various bases.
Responsibilities:
Management Information and reporting:
- Be responsible for the monitoring of IFRS 17 and GAAP financial performance against identified KPIs and benchmarks for the group
- Prepare the IFRS 17 narrative and MI to LT and business
- Provide robust business performance review and challenge
- Own the production of quarterly QBR, MI pack, board packs and underlying analytical schedules across the full P&L and other financial statements
- Be responsible for concise and effective communication of the MI
Performance management:
- Be inquisitive - provide insightful analysis and recommendations – delivering high quality understanding of the drivers of business performance
- Act as one of the key strategic partners in the business between actuarial, capital, and finance – able to understand and convey complex information across these areas.
- Projects as required.
Planning and Forecasting:
- Assist with the consolidation of the Management Plan and forecasts
- As required perform analysis on the management plan output to help inform decision making and understand drivers of future performance
- Help develop, maintain and extend forecasting capability
Finance Team Development / Interaction:
- Play a key role in the active and engaged long term development of the Group FP&A team output and capabilities
- Contribute new ideas for fresh analysis, improvement of process and for making better use of technology
- Work directly with other areas of the group Finance team and capabilities to ensure good communication and understanding between teams
- Work collaboratively with other teams in ad-hoc projects, resolution of queries and in the improvement of the wider team.
Skills and Experience:
- Excellent commercial understanding, including experience of (re)insurance businesses in Lloyd's
- Experience of facing off to senior stakeholders in the business – Exco, Underwriting leads etc
- Strong analytical and modelling skills (Advanced Microsoft Excel) as well as PowerPoint skills
- Excellent understanding of data flows and driving enhancements and change
- Strong attention to detail and focused on the delivery of high quality work within agreed deadlines – including thorough self-review and error checking
- Proactive and able to use own initiative
- Ability to work under pressure to tight deadlines
- Highly articulate – able to convey complex information in a simple manner to a range of audiences in both written and verbal forms
- Qualified accountant
- Insurance (esp. Lloyd's) experience
- Highly numerate individual with financial modelling experience
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