Sn. Finance Transformation Business Analyst - Insurance

About the Role

We are working with a leading insurance organization that is seeking a skilled and motivated Senior Finance Transformation Business Analyst to join their team. The ideal candidate will have extensive experience in the insurance industry (either in-house or as a consultant) and a proven track record of working closely with Actuarial teams to deliver successful finance transformation initiatives.

Key Responsibilities

Finance Transformation Projects :

Partner with Finance, Actuarial, and IT teams to drive finance transformation initiatives.Analyze and improve existing finance and actuarial processes, ensuring alignment with project goals.Support the implementation of new systems and tools to optimize reporting and operational workflows.

Business Analysis :

Gather, document, and prioritize requirements from stakeholders across Finance and Actuarial teams.Translate business needs into functional specifications and support the end-to-end delivery of solutions.Collaborate on testing, deployment, and post-implementation reviews to ensure seamless integration.

Stakeholder Collaboration :

Work closely with Actuarial teams to understand data, modeling, and reporting requirements.Act as a bridge between Finance, Actuarial, and IT teams to ensure cross-functional alignment.Present analysis, updates, and recommendations to senior stakeholders, driving informed decision-making.

Data and Reporting Enhancements :

Contribute to automation and streamlining of financial and actuarial reporting processes.Assist in ensuring compliance with regulatory frameworks such as IFRS 17 and Solvency II.Help integrate finance and actuarial systems for improved data accuracy and accessibility.

Change Management :

Support the adoption of new processes and technologies across the organization.Provide end-user training and materials to ensure a smooth transition to new systems.

Qualifications and Experience

Industry Expertise :

At least 5+ years of experience as a Business Analyst, preferably in Finance Transformation roles.Proven experience in the insurance industry (in-house or through a consulting firm).Familiarity with actuarial processes, models, and collaboration with actuarial teams.

Technical Proficiency :

Knowledge of finance and actuarial systems such as SAP, Oracle, or Prophet.Proficiency in data analysis tools like Excel, SQL, Power BI, or Tableau.Understanding of regulatory standards like IFRS 17, Solvency II, or equivalents.

Soft Skills :

Strong analytical and problem-solving skills with attention to detail.Excellent communication and stakeholder management abilities.Ability to manage multiple priorities and work effectively in a fast-paced environment.

Education :

Bachelor's degree in Finance, Business, Economics, or a related field.Professional certifications (e.g., CFA, CPA) or actuarial qualifications are a strong plus.

Preferred Attributes

• Experience in a consulting role delivering finance transformation projects for insurance clients.
• Strong project management skills, including familiarity with Agile or Waterfall methodologies.
• A track record of successfully integrating finance and actuarial processes and systems.
• Proven ability to bridge the gap between technical and non-technical stakeholders.

What's on Offer