General

Job Description & Person Specification

Job Title: Expense Planning Analyst - 9 month FTC

Division: Finance

Key Relationships: Finance Management, Expense Business Partners, Finance Business Partners, Support Function Heads, Underwriting Business Managers, Corporate Development and other Business Users.

Job Summary: Support & actively contribute to the accurate and timely delivery of Expense Planning cycles, analytical insight and associated MI for the Beazley group of companies. To conduct oneself in line with core & partnership competencies noted below

Key Responsibilities:

Responsible for supporting the expense (planning) cibtrik & reporting function, ensuring the integrity of the annual plan and supporting the Business Partner Relationship model for all functions/teams:

Expense Planning Analyst Activities
Responsible for supporting the delivery of the expense planning cycles, ultimately under the remit of the expense planning manager, in accordance with pre-approved timetables. Including:
Review of Oracle Workforce Planning inputs into the Planning process.
Ensure planning processes and assumptions are aligned to the logic in Expense Actuals.
Production of various analytics (Cost walks and commentary) to explain movement in Expense numbers between different comparators (for example current year plan vs last year actuals)
In-depth understanding of and maintenance of various process documentation underpinning the expense planning cycle.
Supporting Group Planning and Business Partnering teams with ad-hoc investigation work.
Closely partner with the Workday Adaptive Support team to understand all aspects of the Adaptive Planning model for Expenses.
Participate in team-wide process improvement initiatives.
Technical Competencies

These are in addition to the Core Competencies:

Basic understanding of expense processes and concepts, ideally within an insurance environment.
Knowledge of insurance principles, concepts, terminology and accounting.
Highly proficient in MS Excel.
Knowledge of corporate planning processes and tools. Experience in using Workday Adaptive would be ideal but not required.
Partnership Competencies

These are in addition to the Core Competencies:

Strives to exceed the expectations of the client and actively seeks feedback
Delivery of timely and accurate information to all stakeholders of support functions (as partnered) seeking to add value at every opportunity
Is outward and customer focused
Confident in own skills and contribution; challenges the client so to support the client in achieving their optimal results
Partnership Capabilities
Strives to understand all dimensions of the client and their underlying business as it influences their results:
Knowledge of the individuals within the teams including communication preferences.
Understands and identifies all key drivers (systems and processes) behind the different views of reported (Expense) results.
Ability to troubleshoot and communicate with colleagues in wider finance to identify and solve problems.

Core Competencies

Core competencies in addition to those noted as specific to the Business Partner role which are considered to be pertinent to the Finance MI team are as follows:

Analytical Thinking: Logical analytical approach to rapidly changing data and situations. Considers wider implications across functions and varying scenarios to Beazley.
Professionalism: Consistently demonstrates integrity, is highly credible, respectful and trustworthy and represents Beazley Finance MI in a professional manner. Builds and maintains successful working relationships and is seen to go the extra mile.
Learning and development: Identifies strengths and weaknesses and seeks to improve performance. Recognises and takes responsibility for mistakes and learns from them. Continually seeks self-development opportunities. Regularly engages in self-assessment and gives/receives feedback to enhance personal awareness.
Adaptability: Effectively manages changing priorities in a dynamic environment. Seeks training opportunities to understand new working methods. Proves resilient in uncertain and difficult situations and adapts approach/plans/style as required.
Responsibility and Accountability: Assumes full responsibility for the consequences of own behaviour and decisions. Delivers on commitments to clients demonstrating reliability and dependability. Admits mistakes and takes responsibility for correcting them.
Communicating Effectively: Timely communication of new information to relevant parties. Adapts communication style and form as appropriate to the audience and illustrates an understanding of their experience and needs. Conveys complex information clearly and concisely. Persuades through uncovering shared benefits and outcomes, looking for mutually satisfactory solutions.
Demonstrating Teamwork: Seeks collaboration as appropriate and shares knowledge/best practise and helps others when asked. Acknowledges when other members of the team are under comparatively increased pressure and volunteers to support them while maintaining responsibility for own tasks. Teaches new team members and coaches others; identifies opportunities for collaboration (NB: definition of team is extended beyond Finance MI as appropriate).
Innovative approach: Independently finds solutions to advanced problems and identifies potential barriers to solutions and provides alternatives. Challenges assumptions and “the way we have always done it”. Embraces change and communicates the benefits of change to others.

Integrity and Control

Use business knowledge to identify potential errors with financial impact and take steps to prevent and/or correct such errors, highlighting where necessary to management.
Act as a conduit between the Finance department and other departments in order to maintain financial data integrity.
Produce and maintain procedures documentation for own tasks.

General

At Beazley we are committed to doing the right thing because it is the right thing to do. It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley’s core values and behaviours – PIED and Being Beazley.

Adopt the Beazley culture of Professionalism, Integrity, Effectiveness and Dynamic that contributes to an internal environment of teamwork and promote a positive brand image and experience to our external customers.
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 Talent Management development 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 Talent Management 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.

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Expense Planning Analyst - 9 month FTC