Head of Financial Planning - FTC

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General

Job description and person specification

Head of Financial Planning

Division: Finance - Performance Management

Reports To: As per Beazley's organisation chart

Key Relationships: Executive Management, Finance Leadership Team, Modernisation Programme,
Finance Teams, Corporate Strategy, Ceded Reinsurance, Underwriting Teams, Group
Auditors, Risk & Compliance and other Business Users.

Job Summary: Specialist insurance company Beazley is seeking a Head of Global Planning within it's Finance function to work closely with a wide range of business stakeholders. As Beazley evolves through it's modernisation programme, this role will take on significant responsibility being a cantral pivot point in an Integrated planning framework and resposnible financial planning BAU, strategic and governance viewpoint.

Reporting to the Head of Performance Management (FLT), this role will involve managing the accurate andtimely delivery of group planning and forecasting deliverables and scenarios, alongside input and oversight of all global planning submissions. The role includes having a key influence in the continuing strategic journey towards a full integrated planning suite, working with the modernisation programme to enhance the current global planning capability and working with the IFRS 17 programme team to bring IFRS 17 planning into production.

This role will be responsible for managing a sizeable global team, deploying expertise to create extra value and enabling the team to deliver on all group, platform and entity requirements.

Key Activities & Areas of Responsibility:

• Take on significant leadership and strategic responsibility relating to global planning including
  representation throughout finance, the executive committee, PLC board and local management
  committees and boards.
• Work with the Head of MI & Business Partnering and wider Performance Management senior
  management peers to foster a culture that values employee experience, empowerment and wellbeing alongside amplifying the team's overall capabilities
• Develop and lead a sizeable global team with a focus on customer service to provide best in classservice.
• Ensure that all employees have the knowledge and skills necessary to perform effectively in
  their given roles, especially in relation to management responsibility. You will work with them toensure effective training and coaching is provided to aid future career progression.
• Play a pivotal role in strategic planning, working closely with the Strategic Finance team and Corporate Strategy team to deliver financial outcomes to strategic direction and initiatives.
• Help drive the strategic journey towards a full integrated planning suite across varying time periods, taking ownership of the Medium Term Plan and linking it to the capital plan as part of the journey. Thisalso includes articulating a roadmap to reach the end goal and sharing with relevant stakeholders across Global Business Management, Corporate Strategy, Corporate Finance and Group Actuarial
• Work with the modernisation programme to utilise new Workday technology to enhance the current global planning capability, ensuring we create efficiency and globalisation across new processes
• Ensure the accurate and timely delivery of group planning and forecasting deliverables, analytics, and scenarios (technical and non-technical) to all relevant committees and boards. This includes consideration of the new platforms structures and ownership of planning consolidations.
• Work with the IFRS 17 programme team to bring IFRS 17 planning and analytics into production and report in line with an agreed corporate timetable
• Ensure clear and concise articulation to Executive Management of key drivers pertaining to key outputs
• Ensure completion of all audit deliverables and actions in relation to global planning activity
• Embed oneself within wider company activities and support various Finance projects and initiatives

General

It is important that within all your interactions both internally and externally you adhere Beazley's core values -Being Bold, Striving for Better, and Doing the Right Thing. We also expect Beazley employees to:

• Comply with Beazley procedures, policies and regulations including the code of conduct
  Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system
• Display business ethics that uphold the interests of all our customers
  Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley's underwriting control standards, Beazley's claims control standards, other Beazley standards and customer relationship management
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups

Personal Specification:

We are a flexible and innovative employer offering a friendly, collaborative, diverse and inclusive working environment. We actively encourage and expect applications from all backgrounds. We empower people to choose where to work given the work they need to do. Collaboration in office spaces is important but we do not mandate a set number of days in the office or from home - you decide what works best for you and the role you are in. Beazley will offer the person a competitive salary and discretionary bonus with a strong benefits package including commuting reimbursement, free in-office lunch, excellent parental leave and financial physical and mental wellbeing contributions among others.

Relevant qualifications and capabilities are listed as follows:

Essential Criteria

• Experienced qualified accountant (ACA/ACCA/CIMA)
• Experience of the insurance market, preferably Lloyd's
• Experience of FP&A roles within complex insurance organisations and knowledge of accounting policies adopted Capabilities

Skills

• Coaching & leadership skills
• Stakeholder management and relationship building
• Customer focus with strong attention to detail
• Understanding of controls frameworks including documentation
• Experience of a deadline driven environment
• Strong written and verbal communication skills
• Analytical / Problem solving / Decision making
• Creativity / Innovation