Finance Business Partner (Insurance)

Job Title: Finance Business Partner
Industry: Insurance
Job Type: Full-time, permanent
Location: City of London (Hybrid)
Start Date: ASAP or 2023

The JM Longbridge Group are partnered with a leading insurance group headquartered in the City of London. They are now hiring for a Finance Business Partner to join their team on full-time, permanent basis. Hybrid working arrangements are available.

Main Duties
Business Partnering
* Take ownership of relationship with designated underwriting division(s)
* Provide underwriting divisions and senior management with complete explanations of financial performance (YoA Ultimate and GAAP) versus plan / prior year
* Work closely with underwriters to provide commercial and financial expertise to improve decision making across the business
* Understand reserving processes to clearly explain quarterly results to underwriting

Premium Planning
* Work regularly with underwriters to review and challenge ultimate premium forecasts
* Develop underwriting MI suite of reports

Quarterly 'early close' group result reporting
* Assist in the production of the early sight of the quarter results and comparison against plan, forecast and previous periods
* Produce presentation of the 'early sight' information to senior executives through to final consolidated reporting output sent to our parent company

Business Plan / Forecast
* Support underwriters with production of business plans and forecasts, providing adequate review and challenge
* Review and ensure adequate challenge of the business plan / forecasts
* Produce reports of past and planned performance at required levels of granularity tailored to audiences

Knowledge / Experience
* Understanding of general insurance financial information and processes
* Experience of analysing insurance financial statements, identifying trends and drivers of key variances
* Experience of working within P&C (re)insurance organisation
* Experience of writing informative financial commentaries
* Experience of presenting financial management information to varied stakeholders
* Advanced Excel skills
* Intermediate Word and Powerpoint skills
* Robust understanding and experience of producing financial plans forecasts
* ACA/CIMA/ACCA/CA Qualified

* Understanding of the Lloyd's insurance market, and its information and processes
* Experience of producing financial forecasts
* Experience of presenting financial management information to varied stakeholders
* Experience of using Anaplan

Personal Skills
* Strong commercial acumen
* Able to deliver results under tight deadlines, showing flexibility when required
* Excellent verbal and written reporting skills
* Strong sense of accountability and ownership of the work assigned
* Emphasis on quality of the outputs produced
* Self-starter, requiring minimum supervision, with the ability to solve problems and find solutions
* Strong communication skills at every level within the organisation

The JM Group is operating and advertising as an Employment Agency for permanent positions and as an Employment Business for interim / contract / temporary positions. The JM Group is an Equal Opportunities employer and we encourage applicants from all backgrounds.