Project Accountant (9 month contract)
Beazley
London
1d ago

Job Summary :

To support the wider finance team in planning and delivering project objectives and business initiatives ensuring appropriate and robust implementation and to understand, plan and effectively communicate the ongoing impact on the finance department.

The support for the finance team may either be through direct project activity or in back filling other finance roles to give others the capacity to support projects.

Key Responsibilities :

Deliver agreed project outputs of project plan to schedule and expected standard providing regular MI on progress. The projects supported will vary dependent on prioritisation of the Finance Strategy Group.

Develop an understanding of finance processes and procedures across a wide range of finance areas (including MI, planning, external reporting, capital management, treasury, systems and processes) to a standard that enables :

Support of other finance activities to allow subject matter experts (SME) to contribute effectively to initiatives and projects.

Broad finance support of project activities while minimising the need for support from BAU finance team.

Lead on the implementation of new initiatives within finance considering

  • Impact on Statutory and regulatory environment. Impact on Solvency II Impact on IFRS17 Impact on operational activity including but not limited to;
  • general ledger, underwriting processing and banking. Impact on internal MI and budget and forecast.

    Actively seek out new strategic and business activities through communication with the Finance Strategy Group, business partners and Corporate Development team to ensure finance engagement from project inception.

    Understand, define and develop metrics / MI to report on the outcome of new strategic and business initiatives.

    Lead on ensuring cross functional dependencies are understood by liaising with other departments such as Group Actuarial, Ceded RI and the capital planning teams.

    Understand the ongoing operational requirements for finance of new business activity and :

    Assess and propose resource requirements. Define inputs into the finance process and ensure appropriate requirements / SLAs are in place.

    Understand the impact on finance systems and lead on ensuring requirements and development plans are in place.

  • See implementation of initiatives through to BAU ensuring process documentation and appropriate controls are in place.
  • General :

    At Beazley we are committed to doing the right thing because it is the right thing to do. It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley’s core values and behaviours PIED and Being Beazley.

    Adopt the Beazley culture of Professionalism, Integrity, Effectiveness and Dynamic that contributes to an internal environment of teamwork and promote a positive brand image and experience to our external customers.

    Comply with Beazley procedures, policies and regulations including the code of conduct. Undertake training on Beazley policies and procedures as delivered by your line manager, the Talent Management development 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 Talent Management 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

    Personal Specification :

    Education and Qualifications

    University degree - Desirable

    Professional qualification Essential, i.e. ACA (preferred), ACCA, CIMA

    Skills and Abilities

    Builds and maintains strong relationships at all levels

    Process management skills able to review existing processes and procedures; making recommendations for rationalisation / improvement, and implement them operationally.

    Project management skills

    Ability to work at both detailed and summary level

    Strong communication skills both verbally and in writing, ability to be able to listen

    Motivational skills, team worker as well as able to work on own initiative

    Ability to work under own initiative, under pressure, and to tight deadlines.

    Knowledge and Experience

    Relevant experience gained working within a similar role within the insurance industry - Essential

    General commercial and financial knowledge

    Experience of writing and implementing guidelines and setting performance measures

    Aptitude and Disposition

    Outcome focussed, self-motivated, very flexible and enthusiastic

    Able to understand and articulate the strategic big picture .

    Professional approach to successfully interact with senior management / colleagues / external suppliers

    Technically innovative, a problem solver and solution builder.

    Self-motivated, flexible and enthusiastic.

    High energy and personal drive.

    Ability to work closely in a team environment and develop productive working relationships.

    Competencies

    Achievement orientation

    Team working

  • Using expertise
  • Impact and influence
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