Lead Finance Analyst - FP&A; FTC

Lead Finance Analyst - FP&A (12 month FTC)

Location: London

Contract Type: 12 Month FTC

Work Pattern: Full Time and Hybrid

Working as a key member of the MS Amlin Financial Planning & Analysis (FP&A) team (within SPP) involved in the provision of high-quality plans, forecasts, reports and analysis to support decision making and monitor and develop performance. This role will operate in support of all aspects of the team, supporting the FP&A Manager and wider team in a day-to-day capacity.

• Detailed plans and forecasts (on both an UK GAAP and IFRS
  17 basis)
• Monthly management information and reports (including revenue, investment and P&L flash reporting)
• Statutory reports and accounts
• Detailed and forward-thinking analysis of the current business performance and insight into future business development (at a product and underwriting year basis)
• Project delivery
• Coaching, communications and best practice deployment across the wider SPP and Finance function

The job brings the responsibility for the preparation of information required for the above outputs in conjunction with the sister Finance Operations and Actuarial teams. The holder therefore must have good business/financial confidence and knowledge relative to their level of experience and communication/relationship skills.

The role holder will be part of a team responsible for:

• The accurate preparation of financial plans, forecasts and financial management information.
• The preparation, consolidation and review of divisional / product / entity management, statutory and regulatory reports/accounts.
• The preparation of supporting analysis and related narrative (on both a UK GAAP and IFRS
  17 basis), with a view to the identification of tactical and strategic opportunities.
• The preparation of relevant regulatory returns, including the SBF and QMA (specifics).
• The support of strategic finance initiatives, to allow Finance and the business to meet its overall strategic objectives, including project support; and various adhoc business output, supporting the wider Finance and business functions.
• Reporting will be in accordance with the MS Amlin standards for quality and timeliness and comply with the latest technical accounting and external reporting requirements.

• Financial business planning. Preparation of information in support of an Annual bottom up business plan and then regular rolling financial model re-forecasts (in line with MS Amlin standards) five years into the future. Ensure that all outputs are fully documented and accurate for review purposes.
• Forecasting. Work with the local entity underwriting and reserving teams, to facilitate, and provide robust challenge to, underwriting plans five years into the future. Ensure the preparation of high quality and timely data to enable a detailed analysis of the business drivers associated with the classes and markets covered.
• Performance monitoring. Provide required information to enable the monitoring of actual financial values against planned financial values and prior period with variance analysis documented and explained for onward communication.
• Management Information. Support in the preparation of all required financial management information covering all applicable entities, functional areas and KPIs ensuring that data produced remains relevant, is subject to proper analysis and control and always reflects the activities of the organisation and is accurate and on time. Particular emphasis will be given to financial management information provided to the Executive. The role-holder will keep up to date with customer requirements, looking to constantly develop management information, streamlining processes, and ensuring consistency and accuracy in reporting to the Executive.
• Financial reporting. Statutory financial accounts and regulatory information prepared and reviewed to ensure products remain true to the activities and financial status of the entity. Will liaise with senior stakeholders.
• Technical knowledge. Keeps up to date with technical accounting and regulatory developments. Is able to ensure that changes are implemented as effectively and on a timely basis as required.
• Quality assurance. Review all outputs, ensuring that the ultimate customers can rely on the quality of production and to reduce the level of review required by senior management particularly with regard to board reporting.
• Stakeholder management. The role-holder has a responsibility for relationship management with all customers and suppliers related to the financial process. The key interfaces are set out in section 6 below. The entity CFO, Chief Actuary and CUO, along with Head Office representatives, are the primary customers. This network of relationships will require close management.
• The role holder will be a key point of contact for the external auditors and other professional advisers associated with financial advice.
• Rating agency support. Support management of rating agency relationships as…