Finance Business Partner - Claims

About us

IQUW is a speciality (re)insurer at Lloyd’s (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.

ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it's a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn't enough. That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer’s needs.

The role

The role of the Finance Business Partner is integral to driving the business forward, really getting under the skin of what is going on and helping the business decide the most effective levers to pull to drive the business forwards. This is carried out through working closely with the business, really understanding the business, leveraging MI and providing insightful analysis to support and challenge business decisions.

Key responsibilities

• Provide commercial insight and analysis of results, identifying underlying trends and challenging the business on performance
• Support decision making by providing stakeholders with timely, detailed and meaningful insights and visibility on business performance
• Manage quarterly claims inflation forecast, producing a monthly and 5 year view. Working alongside heads of departments to ensure changes in legislation and economic scenarios are understood and impacts included if required
• Drive forward process simplification, automation and improvements
• Support the business with insight and the production of business cases for new opportunities

The above duties and responsibilities are not an exhaustive list, and you may be required to undertake any other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.

Qualifications, skills and experience

• Commercial, financial and insurance industry experience required
• Qualified Accountant would be a preference (ACA; ACCA; CIMA)
• Financial services background and experience/ knowledge of Specialty Insurance methods of trading, industry operational practices and procedures.
• Experience in using TM1.
• Understanding of data structures and experience of extracting and utilizing data to drive key strategic decisions.
• Appreciation of the industry and market legal, regulatory and compliance provisions and the broker channels to market.
• Formal Project management qualification preferred.
  • Financial controls and an appreciation for financial/management accounting.

Benefits

• Competitive Benchmarked Salary
• 25 days holiday
• Discretionary bonus scheme
• Employee assistance programme
• Annual holiday buy (up to 3 extra days)
• Salary sacrifice benefits
• Annual benefits reviews
• The option for professional qualifications and study support

Additional Information

• A full job description can be seen here.