Finance Business Partner

at  Beazley Management Limited

Dublin, County Dublin, Ireland -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate16 Jul, 2024Not Specified16 Apr, 2024N/AIt,Teamwork,E Learning,Membership,Developments,Business Ethics,Internal Audit,Regulations,Management SystemNoNo
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Description:

General:
Job description and person specification

FINANCE BUSINESS PARTNER - 10-MONTH FIXED TERM CONTRACT

Division: Finance - Global Business Management
Reports To: As per Beazley’s organisation chart
Key Relationships: Underwriting Teams, Executive Management, Finance Leadership Team, Chief Underwriting Office, Finance Global Business Management, Finance Change, Finance Group & Statutory Reporting, Group Actuarial, Ceded Re, Group Auditors and other Business Users.
Job Summary: Specialist insurance company Beazley is seeking a Finance Business Partner within it’s Finance function to work closely with a range of stakeholders across the business. Reporting to the Lead Business Partner this role will be primarily responsible for servicing one or more specific underwriting departments at Beazley through a dedicated business partnering offering. The role will also involve partnering other areas of the business where there are direct impacts on the overall Finance function. By building and maintaining relationships and working with the business to find out what finance assistance will help them achieve their commercial and operational aims (aligned to Strategic Initiatives and the Value Realisation Framework), this role will create value by providing specialist data led insight and influencing counterparts to make better decisions.

Responsibilities:

  • Be the Finance relationship manager for one/multiple Underwriting teams along with partnering other areas of the business
  • Work closely with Ceded Re to understand changes to reinsurance structures and ensure the impact on the financials is truly understood, documented and communicated to relevant personnel
  • Support the delivery of all budget and forecast cycles to the underwriting teams across both IFRS 4 and IFRS 17 accounting standards
  • Full ownership of underwriting team(s) P&Ls, being able to articulate movements across all technical and non-technical items for all planning, forecasting and actual cycles, ensuring underwriting team leaders understand the drivers of their results
  • Review, analyse and deliver a suite of underwriting MI to the underwriting team(s) and work with them to provide suitable commentary where appropriate
  • Review of front office direct cost reports with both an efficiency and carbon footprint lens applied, including any additional investigation required in coordination with the Global Expense function
  • Work closely with the Finance Change team to ensure Finance is the forefront of business actions and can both influence and quickly react to a dynamic and changing environment
  • Ownership of the Premium Forecasting process for certain underwriting teams and ensuring appropriate review of the quarterly reserve release process run in coordination with Group Actuarial
  • Ownership of audit deliverables in relation to underwriting team substantive testing
  • Review and enhance the current capability and offering and with the support of Finance modernisation work towards future state
  • Embed oneself within wider company activities and support various Finance projects and initiatives
  • Ad hoc requests from underwriting teams, Global Business Manager, Head of Global Planning & Business Partnering, alongside production, review and submission of profitability analysis for our internal coverholders
  • Assist in the production, review and submission of bi-annual profitability analysis for our internal coverholders, working with relevant stakeholders and forums to enhance the value of these reports for business decision making
    Person Specifications:


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Insurance

Banking / Insurance

Insurance

Graduate

Proficient

1

Dublin, County Dublin, Ireland