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⚡ Source: ReedRef: 56777076

FP&A Manager FTC - HFG

eFinancialCareers·London·Posted 2 weeks ago
⭐ Senior
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Job description

Original text imported from Reed

We are partnering with a London Market insurance business to recruit an FP&A Manager. This is a high-impact role responsible for driving financial planning, forecasting, and performance analysis across both regulated and corporate entities.

You will work closely with senior stakeholders, providing insightful analysis and supporting strategic decision-making in a fast-paced, regulated environment.

Key Responsibilities

  • Lead the development and maintenance of financial planning and forecasting models
  • Own the budgeting and reforecasting process across multiple entities
  • Deliver high-quality analysis and commentary on business performance for senior leadership and board reporting
  • Conduct detailed expense analysis and identify key trends and variances
  • Manage and enhance planning systems to improve efficiency and reporting capability
  • Oversee the preparation and submission of regulatory returns (including Lloyd's submissions), liaising with underwriting, actuarial, and operational teams
  • Support and supervise junior members of the finance team where appropriate
  • Drive continuous improvement initiatives across finance processes and reporting
  • Contribute to ad hoc strategic and financial projects

Candidate Profile

  • Qualified Accountant (ACA / ACCA / CIMA or equivalent)
  • Significant experience in a commercial finance or FP&A role within the insurance sector
  • Strong understanding of the Lloyd's market and regulatory environment
  • Advanced Excel skills and experience with financial planning systems
  • Excellent communication skills with the ability to influence non-finance stakeholders
  • Highly organised with strong attention to detail
  • Able to manage multiple priorities and work to tight deadlines
  • Proactive, adaptable, and solutions-focused mindset
SpeedCV AI

Key skills

AI-extracted from the job advert

Must-have skills
ACA qualificationACCA qualificationCIMA qualificationInsurance sector experienceFP&A experienceLloyd's market knowledgeAdvanced ExcelRegulatory returns experience
Nice-to-have
Financial planning systemsTeam supervision experienceBoard reporting experienceActuarial liaison experience
Soft skills
CommunicationStakeholder managementLeadershipProblem solvingAttention to detailTime managementAdaptability
SpeedCV AI

Application advice

5 AI-generated recommendations to maximise your chances.

1

⭐ Highlight your qualified accountant status (ACA/ACCA/CIMA) prominently as this is explicitly required

2

📊 Quantify your FP&A achievements: 'Led budgeting for 8 entities, improving forecast accuracy by 15%'

3

🏛️ Emphasise Lloyd's market and insurance sector experience as this is sector-specific

4

🔧 Showcase advanced Excel skills and financial planning systems experience

5

🎯 Demonstrate regulatory returns experience, particularly Lloyd's submissions and compliance

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Suggested CV bullets

3 bullets our AI drafted for this specific advert, mirroring its ATS keywords.

How to tailor your CV

Add these 3 bullets under your most recent experience:

  • Led FP&A processes for 6 regulated entities, delivering monthly board reports and improving forecast accuracy by 18% through enhanced modelling techniques
  • Managed Lloyd's regulatory submissions for £450M GWP portfolio, ensuring 100% compliance with submission deadlines across 12 syndicates
  • Supervised 3 junior analysts while implementing new financial planning system, reducing monthly reporting cycle from 15 to 8 working days

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Dear Hiring Manager,

Your FP&A Manager role at this London Market insurance business aligns perfectly with my qualified accountant background and extensive Lloyd's market experience. Having led financial planning across multiple regulated entities, I understand the complexities of insurance sector forecasting and regulatory compliance that this position demands.

My background in commercial finance within the insurance sector has equipped me with the technical expertise to drive strategic decision-making through insightful analysis. I have successfully managed budgeting processes, enhanced planning systems, and delivered high-quality board reporting whilst maintaining regulatory compliance standards.

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Interview questions

10 questions generated from this advert.

Technical

  • Walk me through your approach to building a financial forecasting model for multiple entities
  • How do you handle variance analysis when actual results differ significantly from budget?
  • Describe your experience with Lloyd's regulatory returns and submission processes
  • What financial planning systems have you used and how did you enhance their capabilities?
  • How do you ensure accuracy when preparing board-level financial reports?

Behavioural

  • Tell me about a time when you had to influence non-finance stakeholders on a financial decision
  • Describe a situation where you identified a significant trend or variance in financial performance
  • Give an example of how you've driven continuous improvement in finance processes
  • Tell me about managing multiple priorities with tight deadlines in a regulated environment
  • Describe a time when you had to adapt your approach due to changing business requirements
SpeedCV AINEW

STAR answer examples

Model answers using the Situation-Task-Action-Result framework. Adapt to your own experience.

1Question

Tell me about a time when you had to influence non-finance stakeholders on a financial decision

During a reforecasting exercise, I identified that our underwriting team's growth projections would breach our regulatory capital requirements by £2.8M. The underwriters initially resisted reducing their targets, viewing it as limiting business growth. I prepared a detailed analysis showing how exceeding capital limits would trigger regulatory intervention and potentially cost £400K in additional capital charges. I presented this to the underwriting director using clear visual dashboards, demonstrating that a 12% reduction in new business would actually improve profitability by maintaining optimal capital efficiency. The underwriting team accepted the revised targets, and we achieved a 15% improvement in return on capital while staying within regulatory limits.
2Question

Describe a situation where you identified a significant trend or variance in financial performance

While reviewing monthly performance against budget, I noticed our claims ratio had increased from 68% to 74% over three months, representing a £1.2M adverse variance. Rather than simply reporting the variance, I conducted detailed analysis by line of business and vintage year. I discovered that motor insurance claims from Q2 2023 policies were developing 22% worse than expected due to increased repair costs from supply chain disruptions. I presented this analysis to the board with recommendations to increase motor premiums by 8% and adjust our reserving methodology. This proactive identification prevented an additional £800K of unbudgeted claims development and informed our strategic pricing decisions for the following year.

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