Legal Entities Business Partner
Our leading Financial Services client is looking for a highly skilled Legal Entities Business Partner to join their London based team for a 6 months initial contract.
MUST HAVES
*Out and out life insurance professional
*Business partner underwriter experience
*LLOYDS MARKET EXPERIENCE
*SYNDICATE EXPERIENCE
Key Responsibilities:
*Business Partner key stakeholders on UK / European Entity financial performance metrics Responsible for developing strong relationships with the Executive and Senior Management of the entities and act as the first point of contact for financial management queries.
*Build and maintain a strong working relationship with the Pillar finance teams ensuring all requirements pertaining to the performance management of the legal entity are accurately defined and communicated in a timely manner.
*In-depth understanding of the legal entities and the lines of business written on the platform to ensure that monthly financial reporting is fully analysed, understood, challenged and explained to the Executive and Senior management within LII and LMRe.
*Assisting with the delivery of the legal entity plans; liaising with cross function stakeholders to ensure the completeness and accuracy of the business plan and complete a full review of the numbers ahead of submission to the Board and Lloyd’s where appropriate. Prepare Board and Management Committee packs including analysis and commentaries highlighting key messages.
*Develop detailed knowledge of the performance of the lines of business and overall entity as a whole, ensuring the UK Legal Entity Managing Director / Europe General Manager are fully appraised of the entity result both on a GAAP and YOA basis (albeit core outputs will be prepared centrally).
*Develop a strong understanding of the implications of the entities performance from a regulatory and capital requirement perspective.
*Working closely with the pillar business partners to understand and obtain relevant commentary and rationale for P&L movements for LE MD&A pack.
*Establish a close working relationship with the Capital Modelling Team and LII and LMRe Group Planning Teams to ensure consistency of plan data where applicable and that deviations from SCR and SBU business plans are fully understood.
*Undertake analysis and respond to questions on financial performance from Lloyd’s, where appropriate.
*Maintain and develop an appropriate model for stakeholder engagement with the wider business.
*Establish an understanding of the other legal entities and close working relationships within the team to enable support of other Legal Entity Business Partner in busy periods.
*Continually working to improve legal entity process, reporting capability and analysis through the appropriate regulators lens and supporting other functions to meet requirements.
*Support with analysis on ad hoc tasks, projects and other initiatives.
*Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. The client expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules ,Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing
Skills and Experience:
*ACA/ CIMA/ACCA qualified with relevant work experience, preferably in the same or similar role within insurance.
*FP&A experience
*Ideally have worked for a P&C insurer not a broker
*Full P&L experience and being able to present this to stakeholders.
*underwriting year of account, a key concept for Lloyd’s and London market business
*An in-depth knowledge of insurance accounting and industry knowledge.
*A trusted advisor who is highly skilled at developing key relationships and the ability to quickly build credibility, trust and rapport to encourage open and meaningful dialogue.
*Highly analytical approach to work to complete detailed analysis with structured, robust approach to data manipulation, interpretation and present findings in a clear and simple manner.
*Ability to consider a variety of data and information sources, approaches and possible outcomes for decision making.
*Ability to ensure metrics and decisions are aligned to strategic priorities and supported by fact based quantitative and qualitative data, information and analytical thinking.
*A high level of resilience, demonstrating the ability to effectively manage stakeholders and deadlines, through effective planning, organisational skills and ability to adapt to changing situations, people and environments.
*An excellent communicator with exceptional written and verbal communication skills.
*Experience in stakeholder management, negotiation and influencing skills.
*Demonstrates a good knowledge of risk management and application.
*Demonstrate leadership qualities and facilitation skills to recognise and build cross-functional collaboration through continuous improvement.
*Experience of operating in a multi-cultural environment, shows respect and understanding when interacting with individuals from diverse backgrounds, adapting working style to achieve collaboration and good working relationships.
*Demonstrates strong problem-solving capability and the ability to independently work through and resolve issues as they arise.
*Minimum Intermediate MS Excel skills and experience with Microsoft BI, SAP and AnaPlan would be advantageous.
If this is of interest please submit your CV without delay.
Carbon60, Lorien & SRG - The Impellam Group STEM Portfolio are acting as an Employment Business in relation to this vacancy.