
Head of Strategic Finance
- London
- Permanent
- Full-time
- Lead and develop a high-performing Strategic Finance team, fostering a culture of excellence and continuous improvement as well as commercial acumen
- Own and drive cross-departmental collaboration, embodying and role-modelling ‘One Finance’.
- Ensure that Finance is informed and represented on business wide projects and seen as business enablers to delivering strategic change
- Provide leadership, direction, and support to direct reports, managing a team across various locations, geographies, jurisdictions, and business entities, as well as through indirect leadership when engaging in cross-departmental projects & initiatives
- Proactively champion a strategic & continuous improvement mindset, identifying quick wins and long-term system enhancements and process automation opportunities
- Supporting the communication of the financial components of Beazley’s Corporate Strategy to internal & external stakeholders. Support the development of impactful reports & presentations that enhance key stakeholders’ understanding of the financial components of Beazley’s Corporate Strategy
Responsible for supporting the development & execution of Beazley’s medium to long-term financial strategies that align with the company's overall goals. This involves:
- Market Analysis: Continuously analysing market trends, economic conditions, and competitive landscapes to identify opportunities and threats.
- Strategic Planning: Developing comprehensive, integrated financial plans that support business growth, innovation, and sustainability. This includes proposing financial targets, identifying key performance indicators (KPIs), and creating roadmaps to achieve these goals – on a consolidated level for Beazley overall, as well as in the dimensions of entities and individual lines of business.
- Resource Allocation: Ensuring optimal allocation of financial resources to various projects and departments to maximize returns and support strategic initiatives.
- Scenario Planning: Conducting scenario analyses to prepare for potential future events and uncertainties, ensuring the company can adapt to changing conditions. Support the execution of Beazley’s Financial targets and ambitions through identification of profitable business growth and earlier identification of underperforming lines of business. This will also involve:
- Development of solvency forecasts (including stress & scenario testing to guide decision making)
- Capital allocation/management proposals, incl. supporting organic growth, acquisitions etc.
- Assisting on any external & internal capital related activities, including ownership of Beazley’s capital structure
- Comply with Beazley procedures, policies and regulations including the code of conduct, which incorporates the PRA and FCA Conduct.
- Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
- Display business ethics that uphold the interests of all our customers.
- Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
- Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management.
- Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.
- University degree and professional accounting or actuarial qualification
- Proactively seeks to improve processes, raising quality and productivity through efficiencies or by implementing best-in-class solutions.
- Highly organised with the ability to prioritise and meet deadlines
- Excellent stakeholder management and communication skills
- Ability to understand, advise and deliver on initiatives to senior management and executive level
- Ability to simplify, analyse and explain complex issues
- Ability to design and implement complex models
- Strong analytical and problem solving skills with attention to detail
- Strategic thinker with a proactive and results-driven mindset
- Commercial acumen, a thorough understanding of underwriting and specificities relevant for strategic decision-making
- Extensive experience in the insurance industry
- Extensive post qualification experience
- Outcome focussed, self-motivated, very flexible and enthusiastic
- Professional and approachable with can-do attitude to successfully interact with senior management/colleagues/external suppliers
- Collaborative
- Diplomatic
- Integrity
- Teambuilding
- Customer focus
- Resilience
- Technical Competence/expertise
- Business/financial acumen