Financial Planning & Analysis Manager

London, ENG, GB, United Kingdom

Job Description

Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world's leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose:
The role represents an opportunity to join the highly talented Tokio Marine HCC International Financial Planning & Analysis team and contribute to the exceptional performance of our business. The successful candidate will partner with the business, building relationships with a wide range of front and back office stakeholders whilst taking overall responsibility for the Property, Treaty & A&H and J Business sub-segment.
Key Responsibilities:
Front Office Business PartneringEngage with business stakeholders to identify upcoming commercial drivers that are likely to affect future performance. Understand and communicate key drivers of financial results to Heads of Lines of the assigned sub-segment and their direct reports. Support underwriting management in any financial queries. Represent Finance at Committee meetings on the assigned sub-segment where appropriate.

Financial AnalysisCarry out fast and accurate analysis of, and commentary on, key business drivers and parameters that impact future profit and revenue growth. Ensure that monthly, quarterly and annually internal commentary for assigned sub-segments are produced and reviewed on a timely basis. Analytical review of annual budget and monthly, quarterly and annual financial results of the assigned sub-segments.

Annual Planning and ForecastingResponsibility for all annual budget related activities for assigned sub-segment including + Understanding strategic business plans
+ Supporting the business during the planning period
+ Review and challenge of various inputs from stakeholders and drafting of narratives or commentary.
Provide input into the monthly forecasting process through engagement with business stakeholders, identification of upcoming issues and/or adjustments and understanding of historical trends.

Finance ReservingReview monthly IBNR numbers and liaise with internal and external actuaries on the booked reserves. Review and distribute reserving reports (including monthly loss triangles and loss development reports). Review monthly attritional and event loss movements and ensure loss ratios are in line with expectations. Review of CAT and attritional reserves. Support in the drafting of the IBNR Committee Memorandum.

Other Activities:Mentor and develop direct reports. Support the Head of FP&A with key projects and deliverables. Approach all tasks with a continuous improvement mindset to ensure processes are as efficient and effective as possible, while delivering high quality output.

Skills and Experience Specification:
Essential:At least 5 years of experience in general insurance in a major accounting firm or industry IT literate with advanced Excel skills and strong financial modelling abilities Developed analytical skills including compelling communication of financial information and key metrics/messages Highly numerate with excellent attention to detail and accuracy Methodical approach to problem solving and decision making Encourage a culture of continuous improvement and 'end to end' process thinking Ability to influence and lead others Focus on timely delivery of quality outputs Commitment to development of self and others Willing to challenge assumptions and the status-quo

Desirable:Qualified Accountant PowerBI experience

"Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people do not even know exist.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world's leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose:
The role represents an opportunity to join the highly talented Tokio Marine HCC International Financial Planning & Analysis team and contribute to the exceptional performance of our business. The successful candidate will partner with the business, building relationships with a wide range of front and back office stakeholders whilst taking overall responsibility for the Property, Treaty & A&H and J Business sub-segment.
Key Responsibilities:
Front Office Business PartneringEngage with business stakeholders to identify upcoming commercial drivers that are likely to affect future performance. Understand and communicate key drivers of financial results to Heads of Lines of the assigned sub-segment and their direct reports. Support underwriting management in any financial queries. Represent Finance at Committee meetings on the assigned sub-segment where appropriate.

Financial AnalysisCarry out fast and accurate analysis of, and commentary on, key business drivers and parameters that impact future profit and revenue growth. Ensure that monthly, quarterly and annually internal commentary for assigned sub-segments are produced and reviewed on a timely basis. Analytical review of annual budget and monthly, quarterly and annual financial results of the assigned sub-segments.

Annual Planning and ForecastingResponsibility for all annual budget related activities for assigned sub-segment including + Understanding strategic business plans
+ Supporting the business during the planning period
+ Review and challenge of various inputs from stakeholders and drafting of narratives or commentary.
Provide input into the monthly forecasting process through engagement with business stakeholders, identification of upcoming issues and/or adjustments and understanding of historical trends.

Finance ReservingReview monthly IBNR numbers and liaise with internal and external actuaries on the booked reserves. Review and distribute reserving reports (including monthly loss triangles and loss development reports). Review monthly attritional and event loss movements and ensure loss ratios are in line with expectations. Review of CAT and attritional reserves. Support in the drafting of the IBNR Committee Memorandum.

Other Activities:Mentor and develop direct reports. Support the Head of FP&A with key projects and deliverables. Approach all tasks with a continuous improvement mindset to ensure processes are as efficient and effective as possible, while delivering high quality output.

Skills and Experience Specification:
Essential:At least 5 years of experience in general insurance in a major accounting firm or industry IT literate with advanced Excel skills and strong financial modelling abilities Developed analytical skills including compelling communication of financial information and key metrics/messages Highly numerate with excellent attention to detail and accuracy Methodical approach to problem solving and decision making Encourage a culture of continuous improvement and 'end to end' process thinking Ability to influence and lead others Focus on timely delivery of quality outputs Commitment to development of self and others Willing to challenge assumptions and the status-quo

Desirable:Qualified Accountant PowerBI experience

"Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people do not even know exist.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.

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Job Detail

  • Job Id
    JD3327137
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, ENG, GB, United Kingdom
  • Education
    Not mentioned