Finance Consulting Senior Manager - Insurance (FS)
About the team
The Insurance Finance Consulting team advises leading Insurance groups on a wide variety of strategy-led, regulatory and general operational improvement programmes. In particular, our clients are looking for ways to meet the current regulatory and reporting challenges through the transformation of Finance, Actuarial and Risk functions. They are searching for insightful solutions to address process, systems and data challenges.
You would be expected to primarily work on client engagements, taking lead roles on Finance change initiatives (delivery); you will also spend time developing solution propositions.
You will be responsible for
Acting as a Finance function change subject matter expert when advising clients especially around IFRS17 requirements;
Successfully managing complex projects with multiple PwC and client teams;
Contributing to our continued thought leadership around Finance function strategy, operating models, processes, policies, governance, reporting, data and systems
Supporting business development activities, leveraging our strong existing client relationships, multi-disciplined colleagues and intellectual collateral to develop additional opportunities;
This role will be mainly client-based, developing teams and leading/ supporting transformational work and change engagements as well as some business development responsibilities.
Delivering finance reporting aspects of a Finance Transformation change project as a senior PwC member of mixed PwC/ client teams
Contributing to our continued thought leadership to ensure that appropriate solutions are developed for clients
It is likely that your work will be part of wider transformational programmes and hence exposure to other finance and non-finance processes is desirable
Building relationships with our key Insurance clients
Identifying client needs and proposing solutions to them
Leading the delivery of projects
Developing the careers of the teams working with and reporting to you
Being part of the leadership team in the Finance competency
Maintaining a consistently high and leading edge market profile
Joining our team as a Senior Manager, we would expect you to have considerable experience of leading large change projects, preferably within a major blue chip or consulting environment.
You will have been supporting decision making at a senior level (CFO level) and be able to demonstrate a track record of implementation success, achieving savings and overcoming various challenges. Significant Insurance sector experience is essential but candidates will also be given credit for experience outside of Insurance where skills and experience are directly transferable.
Preference will be given to candidates with well demonstrated external consulting experience
Degree level with additional qualifications such as ACA/ACCA/CIMA/MBA;
Experience in Solvency II, Basel II, IFRS for Financial Services, MCEV, FDG regulatory or other relevant regulatory requirements; (IFRS17 ideal)
Experience of leading Finance change projects in one or more of the following areas: Planning, Budgeting and Forecasting, Financial Consolidation and Group Reporting, Management Reporting and Analysis, Profitability and Cost Management and Key Performance Indicators (KPIs) / Balanced Scorecard definition;
Understanding of finance operating models and in particularly how finance functions deliver reporting and management information processes;
Demonstrated ability to advise senior management on alternative solutions and risks with experience of presenting and influencing at a senior level;
Experience of process improvement techniques are desirable but not essential;
Experience of performance management aspects across business operations (e.g. product development, procurement, actuarial, risk, treasury, sales, marketing or customer service) also desirable;
Confident approach, self motivated with excellent interpersonal and communication skills (both verbal and written);
A flexible and team focused working style within a multi-functional team;
Experience of working in an international environment is desirable but not essential;
Demonstrable end to end project management lifecycle experience (requirements, design, build, implementation) experience;
First class delivery skills of large, complex projects.
Business Skills - Understanding our client's business and showing strong commercial acumen in the seeking out of opportunities and the winning of work.
Delivery Skills - The ability to use our industry and technical skills to better deliver practical solutions that are valued by the client.
Analytical Skills - Identifying and diagnosing client issues through rigorous analysis, rather than “selling” PwC solutions.
Individual, Social and Business Interaction - Flexible in using a range of influencing styles in order to build strong sustainable relationships, and demonstrating the firm's values.