Brand new role as Finance Applications Manager for a leading Lloyd’s syndicate with global operations, headquartered in London. As Finance Applications Manager you will establish yourself as the product expert and go-to person for understanding the various Finance Products including but not limited to, applications, warehouses, methodologies, and reporting solutions.

Business Knowledge (must have):

• Lloyd’s Market, General Insurance or Broking Experience
• Core concepts of Insurance – Underwriting, Reinsurance, Finance, Compliance, Claims
• Financial and Regulatory processes – Solvency II, Financial Reconciliation, Lloyd’s Processing

Responsibilities:

• Tackle operational issues, mitigate risks, and seek opportunities for process improvement or automation, while staying updated on technical and regulatory changes affecting Finance
• Oversee the sequencing of operational and IT updates within Finance, ensuring project outcomes align with goals, and orchestrating the Finance team’s engagement in business-wide operational change
• Continually monitor and update Finance business processes, ensuring they are evaluated regularly and adapted to reflect any changes as a result of IT Initiatives
• Work closely with the Head of Portfolio Strategy to ensure any Finance initiatives align to strategic objectives and the required prioritisation has been applied
• Help develop the newly created Product Management capability, with a focus on developing core competencies and cultivating a culture of ‘continuous improvement’
• Undertake a continuous review of the existing products, identifying areas for improvement, and making recommendations to provide better outcomes for the Finance team
• Assist in troubleshooting and investigating operational issues that arise within Finance, helping propose and work through potential solutions
• Proactively identify potential operational risks within Finance, ensuring all risks are monitored, actioned and if possible mitigated
• Work with the Finance team to analyse business processes and workflows identifying areas for improvement or automation
• Familiarise yourself with technical and regulatory changes to understand how they might impact the Finance landscape
• Provide technical support to the business on behalf of Finance, including acting as a SME on projects, participating in workshops and contributing to project delivery as required
• Build strong working relationships with key stakeholders across the business including but not limited to Operations, I.T, Underwriting, Reinsurance, Claims, Pricing and Actuarial
• Perform any required analysis to support and promote the funding of all discretionary initiatives on behalf of the Finance team
• Oversee and assist in the monitoring and achievement of any Finance project benefits, confirming their alignment with the initial business case objectives
• Facilitate the prioritisation of all operational and IT changes within the Finance business area, by co-ordinating the Finance team across large-scale transformation projects, handling small change service requests, and contributing to the ongoing development of data warehouses