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

• Opportunity to work on impactful finance transformation projects in a dynamic and growing industry.
• Competitive compensation package and benefits.
• Exposure to cutting-edge technologies and industry best practices.
• Collaborative and supportive working environment with opportunities for professional development.