Finance and Capital Analyst

Finance and Capital Analyst

Location:
Guernsey, Haywards Heath or Salford Quays
Salary:
Up to £62,000 depending on experience
Department:
Finance & Procurement
Apply for this job
Are you looking for a new career with a fast-growing, dynamic company? Well look no further! We need a Finance and Capital Analyst to join our finance team in Salford Quays, Manchester, Haywards Heath, West Sussex, or our offices in Guernsey. 
 
Supporting the underwriting finance capital team, you’ll combine analytical and modelling capability along with stakeholder management and effective business partnering. Providing modelling support for regular management and regulatory reporting as well as the capital implications of reinsurance, investment and other business initiatives, you’ll communicate results and the drivers behind them.
 
To be successful in this role, you’ll need to:
  •  Have a broad skill set, with modelling skills, but also including stakeholder management, commercial acumen and problem-solving skills
  • Preferably Degree educated (Finance, Mathematics or computing an advantage)
  • Qualified or part qualified Accountant (ACA, CIMA, ACCA) or Actuary or qualified by experience
 
 
Job responsibilities
 
Capital Modelling
  • Maintain and run the Standard formula and Economic capital models on a monthly basis, including updating all relevant parameters
  • Develop models to reflect the business risk profile and incorporate market standard approaches
Solvency II Reporting
  • Support in the preparation of the monthly Solvency II Pillar 1 modelling and supporting files
  • Produce detailed bridging analysis and associated commentary on monthly movements and variance to forecast
Stakeholder Management and business partnering
  • Create effective working relationships with key stakeholders across the finance and underwriting teams
  • Liaise with the Underwriting senior leadership team to deliver accurate financial information to aid decision making to maximise shareholder value and return
Strategic and Commercial Acumen
  • Develop an understanding and knowledge of key business performance (KPI’s) drivers and be able to draw conclusions from the suite of KPI’s available
Planning and Forecasting
  • Assist with the creation of the capital elements of annual Budget and quarterly reforecast, gathering relevant data and helping to determine assumption development across the plan period
Reinsurance
  • Support the annual reinsurance renewal process, through analysis of reinsurance structures in advance of the renewal, creation of ad-hoc schedules to aid in renewal negotiation, analysis of individual reinsurer exposures, monitoring of credit ratings
Investment and Liquidity Monitoring
  • Collate regular investment performance reporting for Group Investment Committee
  
Skills, knowledge & experience
  •  Preferably Degree educated (Finance, Mathematics or computing an advantage)
  • Qualified or part qualified Accountant (ACA, CIMA, ACCA) or Actuary or qualified by experience
  • Insurance industry experience, motor insurance experience an advantage
  • Capital modelling experience in a Solvency II environment, including model development
  • Strong Stakeholder management skills and ability to communicate and appropriately challenge managers and peers
  • Excellent Excel skills
  • Strong analytical skills with an eye on details
 
What can we do for you? 
We believe we can offer you a great working environment as we’re so passionate about our people. Here are just some of the benefits and perks that we offer…
  • Fantastic training and development opportunities
  • Employee benefit packages to suit your lifestyle
  • Flexible working
  • YOUday – we give you an extra day off to celebrate a special day
  • The opportunity to take a paid day off each year to do charity work
  • A health cash plan
  • Help with travel expenses
  • The opportunity to buy additional holiday
  • Company pension scheme
  • Group life assurance
  • Enhanced maternity and paternity pay
  • Professional subscription fees paid
     
Employee wellbeing is high on the agenda here too. We provide a weekly free fruit delivery, discounted membership at a local health club and access to an Employee Assistance Programme, which promotes physical and emotional wellbeing at work and at home. In addition, we provide wellbeing events throughout the year to support physical and mental health.

For further information on what we can offer and to learn more about this role, feel free to contact our dedicated Recruitment team.
 
If this job sounds like the role you're looking for, apply today!
 
We’ve received some great feedback from employees on Glassdoor. Don’t believe us? Check out our reviews for yourself!

Apply for this job

glassdoor

79% of people would recommend a friend to work at First Central

Based on 98 Glassdoor reviews (July 2020)

Benefits

View all benefits >

Flexible working

We support colleagues who wish to work flexibly whilst meeting the needs of the business.

YOUday

We give you an extra day off to celebrate a special day.

Holiday Extra

Not only do you get a generous holiday entitlement, you can also buy additional leave.

Volunteering

Get a day off each year to take part in volunteering activities.

Health cash plan

Claim money back on your healthcare costs, such as dental check-ups and eye tests.

Season ticket loan

We provide interest-free loans to cover the cost of season tickets for rail, bus or car parking.