Business Analyst at Hiscox, London, 5 Months, £500-£600 per day

£500 - £600 per day
  • Contract Spy
  • London, UK
  • Nov 08, 2019
up to 6 Months

Contract Description

job description:

Business Analyst (5 Month Contract)

Reporting to: IFRS17 Programme Manager

We are looking for a Business Analyst with experience of working in the Insurance industry who has either worked extensively with Finance / actuarial teams or, who has been an accountant in the past. The role will require an understanding of back office accounting processes, and the people and systems needed to support them.

The Role:

We’re looking for someone with excellent interpersonal skills who has the ability to prioritise. You will need to have a pragmatic approach to problem solving and be able to communicate the outcomes to a wide audience.

What you’ll be doing as the BPU Reserving Business Analyst:

  • Define and document  requirements for the new finance systems
  • Contribute to the design and execution of appropriate reconciliation tests of the system solutions
  • Develop and document the “as is” and “to be” processes and assist in steering the business through the new solution.
  • Understand, communicate and regularly assess major risks and issues associated with the delivery of new tools and processes to perform allocation of reserving outputs
  • Ensure key stakeholders, internally and externally, are aware of what is required and when
  • Provide regular status updates to the Project Manager   


person specification:

Our must-haves:

  • Business Analysis with experience in End to End finance processes in General Insurance
  • Extensive experience working in Finance with an understanding of the systems and processes needed. In an ideal world, a qualified accountant.
  • Understanding of actuarial processes and outputs
  • Financial Reporting environment or auditing of it
  • Experience of preparing insurance company financial statements, including disclosures
  • Finance facing process lead with extensive experience managing challenging stakeholders up to Executive level
  • Ability to manage competing priorities in a fast paced environment
  • Strong understanding of business processes and organisational structures