Commercial Finance Analyst

We’re 1st Central, a market-leading insurance company utilising smart data and technology h has been based on giving our 1.4 million customers exactly what they want: great value insurance with an excellent service. And that’s the same for our colleagues too; we won Insurance Employer of the Year at the British Insurance Awards 2024 and our Glassdoor score is pretty mega too!

Ready to put your finance skills to work where change is the name of the game?
1st Centra
l are on the lookout for a Commercial Finance Analyst to join our brilliant Change Initiatives team.

You’ll be diving into the numbers behind some of the most exciting projects happening across the business – helping us track performance, challenge the status quo, and make sure every pound we invest is driving real value. If you’ve got a knack for financial analysis, a head for strategic thinking, and a love for turning complex data into clear, commercial insights, what are you waiting for - we want to hear from you.

Skills that will make you a great fit:

• Strong communication skills – You’re able to explain financial info in a clear, confident way to people who don’t speak ‘finance’, helping them make informed decisions.
• Stakeholder management – You’re great at building great relationships and work closely with teams across the business, especially in Change and Finance.
• Advanced Excel skills – You know your way around complex formulas, models, and large data sets, and can use them to deliver accurate, insightful analysis.
• Organised and adaptable – You’re organised, adaptable, and comfortable juggling multiple priorities without dropping the ball.

We're big on working flexibly - you'llspend most of your time working from home, with 1 day per week in the office at
Haywards Heath,West Sussex
-because collaborating with colleagues is always great, right? But of course,it’syour choice - if you prefer to be in the office more
-that's good with us too.

What’s involved:

Strategic and Commercial Acumen

• Understand business strategy and provide highly relevant insight into business performance
• Develop an understanding and knowledge of the change teams initiatives and performance drivers (KPI’s)
• Add value through support of the business’s change management, providing insightful financial analysis as necessary

Stakeholder Management

• Build strong relationships with key stakeholders across Finance and the wider business, particularly the Business Partners and Change Management teams
• Produce detailed financial models as appropriate for the pillar cost and benefit analysis
• Support in creation of models for business initiatives development and tracking
• Summary reporting of Group Wide initiatives (ROI, Payback) on a Cash / Profit and Loss basis

Business Initiatives and Tracking

• Develop analysis and models for initiative cost benefit analysis and assist in preparing presentations to stakeholders
• Ensure the benefits of initiatives are accurately tracked and challenged where appropriate
• Support the team in driving business improvements. Act as a critical friend supporting the business to provide financial analysis to support delivery of the business strategy

Planning and Forecasting

• Support the team to create the annual budget and forecasts
• Help ensure that change initiatives are correctly reflected in the budget through relevant trading and underwriting processes
• Engage with Expense management team to ensure all initiatives driven external costs are identified and included in the expense budget/forecast

Experience, knowledge, skills & qualifications:

• Strong verbal and written communication skills
• Excellent time management and organisational abilities
• Logical thinker with a proactive approach to problem solving
• Part-qualified Accountant (ACA, CIMA, ACCA) or qualified by relevant experience
• Proven experience in business modelling and financial analysis
• Familiarity with Workday (including Adaptive Planning) and TM1 is a plus
• Experience with in the insurance industry is desirable

Behaviours:

• Team player and ability to forge relationships
• Commercially aware and inquisitive
• Driven and Pro-active, self starter and enthusiastic
• Excel and modelling skills
• Analytical with a focus on detail
• Flexible…