Senior FP&A Accountant

Company Details

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Responsibilities

The specific responsibilities of the role are outlined below:

Planning and Forecasting

• Support the annual budgeting process for the Lloyd’s business and the profit centre, as well as updates to the forecast process throughout the year.
• Maintain and develop planning models to support the requirements for both Lloyd’s and the parent company’s requirements.
• Take ownership of the associated processes, from coordinating inputs and maintaining assumptions through to validating outputs, delivering reporting for review and approval by senior management and driving continuous improvement.

Analysis and Management Reporting

• Produce monthly performance analysis, working with business stakeholders to identify, validate and explain the underlying drivers of variances.
• Support the preparation of quarterly CFO packs, Board reporting, financial MI and ad-hoc analysis.
• Continued development of performance metrics with Actuarial and Data & MI teams to present financial information clearly for non-finance stakeholders.
• Provide responsive support and decision analysis to Underwriting and other business functions

• The role is expected to contribute to the wider objectives and deliverables of the Finance function. Specific additional and shared responsibilities include:

• Develop efficient, effective and repeatable analytical procedures, reports and reconciliations, with appropriate review and audit trails.

• Identify and implement process improvements, involving Finance colleagues and other departments where required.Understand current business processes and assist with the development of systems and procedures that embed strong financial controls.
• Maintain strong working relationships with Underwriters, Actuarial, Data & MI and the wider Finance team to support efficient planning, forecasting and reporting processes.

Qualifications

• Qualified accountant (ACA, ACCA, CIMA or equivalent), or qualified by relevant experience.
• Thorough understanding of insurance accounting and the drivers and dynamics of a Lloyd’s business as well as the interaction with the parent’s corporate function
• Experience of supporting budgets, business plans and forecasts, with the ability to analyse and clearly explain performance variances.
• Advanced Excel and strong data-analysis skills; experience of general ledger, planning, reporting or visualisation tools is advantageous.
• Ability to extract, reconcile, self-audit and present financial and operational data accurately.
• Commercial awareness and the ability to translate financial information into practical insight for decision-makers.
• Strong communication and relationship-management skills, with the confidence to work effectively with stakeholders at all levels, particularly Underwriting.
• Strong organisation, prioritisation and time-management skills, with the ability to meet recurring reporting deadlines.

A proactive approach to process improvement, controls and collaboration across teams.