Financial Analyst London, England
Job description
General information
City: London
Country: United Kingdom
Creation Date: 12-Apr-2023
Employment Type: Permanent
Employment Type: Full time
Ref #: 1234570145
Description & Requirements
Role Title: Financial Analyst
Department: Finance – LSM Pillars
Location: London
Type: Permanent
Role of Department:
Finance in Liberty Specialty Markets (LSM) consists of circa 100 FTE and has a number of key roles:
- To partner the business to enhance decision making with a focus on strategy, planning, analysis and reporting. Support is provided both to the three management ‘Pillars’ – London, Reinsurance and International – and also to the supporting functions within LSM.
- To ensure that all external financial reporting requirements (statutory, regulatory, tax, capital etc) are fulfilled. LSM consists of a Lloyd’s Syndicate, a UK insurance company with European branches, a number of small service companies and a portion of a US balance sheet.
- To provide insightful performance analysis on the LSM legal entities to the Legal Entity Management Committees enabling effective performance planning and management.
- To report to our US Parent on standard monthly requirements and ad-hoc requests on both a pillar and a legal basis.
- To ensure superior management of our investments, cash and all financial risks. To give finance operations support to the business and finance.
Finance strives for continuous improvement in all areas and aims for excellent customer service, supported by quality and efficient processes, all operating within a robust control environment.
Key Responsibilities
- Proactively support the Head of Pillar Reporting and the pillar CFOs in delivering the key month end management reports.
- Understanding of the LSM business areas to ensure that monthly financial reporting is fully analysed and understood.
- Create key monthly outputs for business partners to present to Underwriting divisions.
- Identify and suggest improvements to the month end reporting process.
- Respond to reporting questions raised by GRS Head Office, business partners, Legal Entity teams and external auditors.
- Support with analysis on ad hoc projects and other initiatives.
- Proactively support the Head of Pillar Reporting and the pillar CFOs in delivering the key month end management reports.
- Assist in preparing MD&A / MOR commentary for their areas.
- Support in collecting and reviewing business inputs for monthly reporting (e.g. actuarial reviews, XoL bookings, etc).
- Present and clearly explain financial analysis to business partners, often within very tight timescales.
- Assistance in completion of ad hoc tasks
Skills and Experience
- ACA/ CIMA/ACCA qualified and or relevant qualification
- An understanding of the non-life insurance business and industry in the Lloyd’s market and work experience of insurance accounting.
- 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 communicate and work effectively and forge good relationships throughout all levels of the organisation and across functions.
- Possess a high level of written and verbal communication skills.
- Demonstrable ability to work and build effective relationships at different organisational levels to ensure effective teamwork across finance and other functions.
- Minimum Intermediate level MS Excel skills; experience with Microsoft BI, SAP and Oryx planning would be advantageous.
- Good IT skills, with the emphasis on use of databases, with structured, robust approach to data manipulation.
- Proven self-starter, demonstrating ability to independently work through and resolve issues as they arise;
- Ability to identify issues and adopt a solution based approach to resolution.
- Demonstrable experience of good planning and organisational skills and be able to effectively multi-task.
- Experience of working and consistently meeting multiple deadlines.
About Liberty Specialty Markets (LSM)
Liberty Specialty Markets is part of Liberty Mutual Insurance Group, a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.
Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:
- Offering a vibrant and inclusive environment and committing to their career development.
- Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
- Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
- A supportive culture, which includes promoting a healthy work-life balance and working flexibly.
For more information, please follow the links below:
https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us
https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-inclusion-wellbeing/diversity-and-inclusion
