Senior Expense Analyst; Actuals; FTC

General

Division:
Finance – Financial Performance

Reports To:

Expense Actuals Lead

Direct Reports:
None

Relationships:
Finance Leadership Team, Platform Management Committees, Finance (incl. Financial Performance team), Chief Underwriting Office, Underwriting Teams, Group Actuarial and Strategic Finance, Support Functions, and other Business Users.

Beazley is seeking a Senior Expense Actuals Analyst to provide accurate and timely support with monthly Expense processes and reporting outputs required to enable decision-making. This is an exciting role that is focused on supporting expense actuals, management reporting, expense analytics and control processes across the Group in service of optimising the Expense ratio.

This role involves understanding business activity and expense drivers to support accurate expense reporting, forecasting and analysis. It will also involve implementing controls and adopting analytics around those processes to explain the results and support improved efficiencies across the team.

• Foster strong relationships with Finance Business Partners and stakeholders to understand business activity, expense drivers and reporting requirements.

• Enable rapid interpretation / updates and support via a continuous feedback loop with all stakeholders to support data accuracy.

• Effectively communicate to stakeholders by using visuals and story-telling techniques.

• Update KPI’s to identify operational performance risks / opportunities and share recommendations.

• Support on improving quality of the underlying data, reporting and commentary to improve decision-making and the financial impact and risks associated with different scenarios.

• Working with Expense Accounting teams, support the development and improvement of a comprehensive expense month-end process aligned with Beazley’s overall objectives (GAAP, Platform and YOA).

• Contribute expert Expense (actuals) insights and commentary as required across key company wide reporting, including but not limited to group reporting, regulatory reporting, expense reporting and productivity metrics.

• Support the delivery of expense actual reporting requirements, ensuring fit for purpose reporting that is right first time and that is of high quality. This should provide insightful MI and Risk and Opportunities amongst other exhibits.

• Identify opportunities to streamline month-end processes and reporting timelines to unlock more time to spend on better data management and variance analysis.

• Update metrics and targets for expense control and efficiency arising from projects that impact the Expense result or processes. This will include process documentation.

• Constantly review appropriateness and alignment of Expense Accounting processes in conjunction with Expense Accounting managers. Update, embed and document changes required.

• Utilise new systems (Workday and Adaptive) and AI to enhance the current global offering, ensuring we create efficiency and globalisation across the Expense Accounting Team.

• Work with the change team to ensure that decision-support tools can provide actionable data for a variety of operational and tactical decisions.

• Be a "voice of the internal customer" in meetings with Financial Performance, Technology and Change teams to help design intuitive reports, analysis and dashboards that meet the needs of stakeholders.

• Support change management strategies to facilitate adoption of new tools and processes.

• Expense management expertise:
  Knowledge of expense accounting, management reporting, cost allocations, variance analysis and month-end processes, with strong understanding of planning and forecasting interactions.

• Communication and storytelling:
  Relevant storytelling, communication and presentation skills to effectively convey financial insights, analysis and recommendations to decision makers.

• Advanced technology literacy:
  Ability to use digital technologies to support better outcomes for finance and the business.

• Problem-solving:
  Ability to challenge assumptions, identify root causes and develop effective solutions.

• Relationship building and collaboration:
  Ability to build strong relationships with business unit leaders and stakeholders. Ability to collaborate with Finance teams to design intuitive reports, analyses and dashboards.

• Continuous improvement:
  Ability to deliver defined success criteria and establish…