FP&A Analyst

Job Title: FP&A Analyst

Reporting to: FP&A Manager

Direct Reports: None

Position Type: Permanent

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.

The Financial Reporting & Analysis (FP&A) team sits within International Finance and contributes to the performance of TM HCC International by providing quality, value add support for our front office and essential analysis for our back office stakeholders. Our responsibilities include; internal reporting, decision support, forecasting, planning and analysis activities along with the Finance reserving process within TMHCC International.

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 report to the Financial Planning and Analysis Manager.

The main purposes of the role are contributing to the following key FP&A activities: Business Partnering Forecasting Planning and analysis Internal Reporting

Key Responsibilities:

Business Partnering

• Engage with Marine, Energy and Renewables stakeholders to identify upcoming issues and/or adjustments and understand historical and future market trends.
• Carry out accurate and insightful analysis of, and provide commentary on, key business drivers and parameters that impact future profit and revenue growth.
• Support underwriting management in any financial queries.
• Build relationships with key stakeholders within Finance and other support services.

Forecasting

• Liaise with FP&A segment managers, and internal Finance teams where required, to ensure the monthly completion of the International reforecast.
• Produce models, scenarios and analysis to support forecast assumptions.
• Provide financial MI that adequately supports the reforecast.

Planning And Analysis

• Liaise with assigned sub-segment and Finance to capture data for annual corporate budgeting for all International entities as required
• Produce and review budget assumption files prior to start of budgeting process
• Review and validation of budgets in Anaplan and Peoplesoft
• Review monthly Attritional and Event claims movements and ensure monthly loss ratios are correct.
• On a monthly basis, conduct premium, commission and reserve reviews (pre and post close), to identify key movements, understand variances and make recommendations for adjustments if required.
• Investigate and report on queries and actions arising from month end process.

Internal Reporting

• Ensure that monthly, quarterly and yearly internal reports are produced, reviewed and distributed in compliance with the required deadlines.
• Review and improve existing reporting suite to continually meet stakeholder requirements.
• Develop deep understanding of sub-segment’s products including all underwriting aspects, reserving methodology and historical performance.

Other Responsibilities

• Ad-hoc reporting and analysis as required.
• Participate in project work across any aspect of the FP&A team’s responsibilities
• Assist team members with process documentation and improvement.

Qualifications And Experience Specification:

Essential

• ACCA, ACA or CIMA qualified / part-qualified
• IT literate with advanced Excel
• Highly numerate
• Detail orientated
• Strong aptitude to follow and improve existing processes
• Ability to work under pressure

Desirable

• Peoplesoft, PowerBI and Anaplan experience
• FP&A / Management Accounting Experience

Soft Skills

• Professional approach and delivery of work product
• Able to build professional relationships with finance and non-finance staff
• Methodical approach to problem solving
• Pro-active in finding and implementing improvements to work processes
• Willingness to challenge current methods and look for efficiencies
• Focus on timely delivery of quality outputs
• Excellent communication and interpersonal skills

The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.  The Tokio Marine HCC Group of companies is an equal opportunity employer.  Please visit www.tmhcc.com for more information about our companies.

What We Offer

The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.

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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