Specialist Insurance firm requires a Cost Control and Productivity Manager to take a broader view of the company expenses portfolio, and be willing to think creatively to make changes, as well as contribute to the ongoing improvement of procedures and processes.
Responsibilities will entail:
Savings Initiatives and Analysis
- Partner with various internal teams to identify and execute innovative strategic savings initiatives
- Develop savings initiative business cases by quantifying various scenarios supported by relevant analysis.
- Work with relevant parties to build consensus of initiatives throughout the lifecycle of the project
- Depending on the respective project, active involvement in a variety of capacities with savings initiatives within the market data portfolio of savings projects; from idea conception, to analysis, implementation planning, execution, delivery, and post implementation analysis
- Present saving initiative updates and results to management and other groups on an as needed basis
- Driving innovative non-compensation cost savings efforts
- Shifting the culture for sustainable results, measuring and reporting impact
- Implement post saving project reviews to track success in savings initiatives
- Collaborating closely with partners and key stakeholders to deliver and share best practices company wide
Financial Analysis- Utilization of accounting skills to perform analysis on market data expenses in order to identify, recommend and implement cost savings initiatives and enhanced information/accounting results
- Identify and implement more effective expense reporting and controlling processes
- Ensure correct expenses codes are used and coordinate re-classification of incorrect items with agreement from expense line owners
- Develop credibility and operate as a "subject matter expert" for expense lines in the income statement
Reporting and Controls- Co-ordinate and perform detailed analyses to include variance / trend / benchmarking and initiative performance metrics to gauge results and prepare for handover
- Co-ordinate annual budget and quarterly reforecast process for global expenses
- Financial management process improvement analysis, recommendation, and execution across various stakeholder areas
- Policy and control creation, modification, and implementation
- Assist in systems implementations and modifications that result in streamlining and enhancements to critical data sources
Key skills and experience required:- University degree in any discipline
- Skilled in change management and thought leadership
- Ability to manage multiple projects simultaneously
- Strong Financial Accounting background, ideally in financial control type role(s)
- Some Investment banking / Capital Markets experience/exposure
- Lloyd’s/insurance experience is preferred but nor required
If you would like to apply for this role or find out more, please apply or contact Georgina Lyles at Robert Walters on 020 7509 8356 or
imf@robertwalters.com quoting the reference GLY 1081100 CC.
Where any specific qualification is mentioned, all equivalent overseas qualifications are acceptable