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Financial Planning Analyst

Employer
Factory Mutual Insurance Company
Location
London, United Kingdom
Salary
Competitive
Closing date
Jan 16, 2025
View more categoriesView less categories
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview

FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

FM has an exciting opportunity for a Financial Planning Analyst to join the Financial Analysis and Planning team.

The Financial Planning Analyst plays a key role in analyzing the financials of a division/staff function providing the Head of FP&A and Finance Business Partners (FBP) with ad hoc and periodic analyses that enables the planning, budgeting, and forecasting (PBF) process and business intelligence (BI).

Responsibilities

  • Delivers quality and timely management reporting to include in planning, budgeting, and forecasting for FBPs and division/staff function decision-makers.
  • Supports FBPs with both ad hoc and periodic analyses of the financial performance of a division/staff function to enable PBF process and BI.
  • Development of monthly management reporting and financial analysis process for a division/staff function.
  • Proactively provides transparent and frequent financial updates, business trends, opportunities, and actionable insights for FBPs that directly relate to strategic initiatives and growth opportunities.
  • Maintains engagement with FBPs to ensure accurate delivery of analysis.
  • Helps develop key assumptions and drivers of PBF process by challenging current ideas.

Qualifications

Required Education:
  • Bachelor's degree in accounting or equivalent work experience
  • Qualified accountant (CIMA/ACCA/ACA) or equivalent qualification

Required Work Experience:
  • 7+ years of related work experience in finance/accounting preferably gained from within an insurance company.

Required Skills:
  • Good strategic and execution capabilities
  • Good judgement and decisiveness
  • Knowledge of business and finance
  • Practical experience in financial modeling and forecasting
  • Ability to learn quickly and adapt to different division/staff function needs
  • Strong written and verbal communication skills
  • Ability to multi-task and work in a dynamic, non-routine environment

In return, you will receive a competitive benefits package which includes:
  • Final Salary Pension Scheme
  • Private medical insurance
  • Incentive Plan
  • Fitness Reimbursement Plan
  • 2 Global Well-being days per annum
  • Annual Volunteer Day
  • Emotional well-being and mental health assistance programme

FM is a people-driven business. It is our ability to harness the power of our diversity that allows us to create the unique, world-class services we're known for.

We're committed to attracting a talented and diverse workforce and fostering a culture of inclusion that allows diversity to thrive and seed innovation.

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