Jaiki Siva

A qualified Management Accountant (CIMA) and PRINCE II Practitioner with a Business Analyst career spanning across multiple finance transformation programmes in Insurance & Finance sectors. Highly skilled with over 25+ years of experience in delivering effective business processes, controls and reporting solutions to work with various ERP/Finance/Reporting systems in compliance with Accounting & Regulatory standards. 

Excelled at working effectively with all levels of management in challenging environments.  Uniquely skilled in steering and successfully delivering business process change and transformation programmes, incorporating People, Processes, and Technology. Leads confidently on major decisions, providing financial and non-financial insight, adopting a resourceful and results-oriented mindset to steer stakeholders.  A confident communicator with strong interpersonal skills who thrives on stakeholder satisfaction.

Beazley                                                                                                                                                                   January 2025 to April 2025

(A Global Specialist & London Market Insurer)

Business Analyst (UW Operations), UK

• Reviewed the Policy Bind to Invoicing process across various LOBs in Lloyds Market and UK/European Policies and identified the root causes that creates Premium variances and Un-Allocaed Cash issues.
• Recommended Changes/Improvements with new Controls to the existing Policy Bind to Invoicing process to eliminate the identified root causes.
• Remediated Policies in various PAS Systems (Synergy/Unirisx) and ensured a clear Debt visibility to the Credit Control Team. 
• Designed Premium (EPI) vs Settlement Reports from various PAS Systems & Finance Systems to provide real time Debt Status to both UW Operations and the Credit Control Team.

Athora                                                                                                                                                               

April 2021 to December 2024

(Leading European Life Insurer)

Senior Business Analyst/Project Manager, UK

• Designed the Group Close calendar process for Quarter close and Annual close with the required governance check points and controls (covering Group regulatory submission, Annual Report & disclosures) and managed the Close process over 2 years (Quarter end and Year end).
• Proposed improvement opportunities in Investment and Finance functions to accelerate the Group Close process. 
• Designed and Project managed the automation of Quarterly & Annual disclosures that are on the critical path of the Group Close process (Extract source data, validate, Transform and Load into target Group consolidation & reporting tool – SAP BPC).
• Designed and Project managed the Integration between a Third-party Company’s Finance system (CODA Financials) with Athora’s Finance system (SAP S/4 Hana), as a result of Athora’s acquisition of Portfolios.
• Designed and Project managed the Integration between Athora’s Investment platform (Clearwater Analytics) with Athora’s Finance system (SAP S/4 Hana) and integrated Athora’s Third-party pricing providers data with Athora’s Investment platform (Clearwater Analytics).
• Designed and Project managed the implementation of Employee Expense reimbursement process using SAP Concur and integrated with Athora’s Finance system (SAP S/4 Hana).

BRIT Group                                                                                                                                                            April 2021 to August 2021

(Leading Global Specialty Insurer)

Senior Business Analyst, UK

• Designed Level 1 (high-level) End-to-End business processes and control framework for adopting IFRS 17 for BRIT Group.
• Implemented the Chart of Accounts changes required in the downstream Accounting & Consolidation systems to comply with IFRS 17 & Group reporting requirements.

MS Amlin                                                                                                                                                               July 2020 to February 2021

(Leading Global Reinsurer)

Senior Business Analyst, UK

• Designed and developed Personal data footprint structure on various Underwriting, Claims, Finance, HR, Payroll and Compliance systems (both Cloud/Hosted) and documented the data lineage of personal data shared between various applications (both inhouse and third party) in compliance with GDPR regulations.
• Developed the processes and controls required to manage the data retention requirements as per the group and local regulations.

LLOYDS REGISTER                                                                                                                                                May 2015 to March 2020

(Global leaders in setting international safety standards for the marine industry)

Lead Finance Process Designer, Project Manager, UK

• Supported the development of the Finance and Intercompany Target Operating Model (TOM) working with the Finance Transformation Director for the global implementation of LR’s business services change initiatives, impacting 220+ companies in 80 countries for over 8,000 users leveraging SAP ByD (Cloud based SaaS ERP system) and regional Shared Services Centres.
• Designed and developed the high-level /detail-level Finance process maps, group & local Chart of Accounts with multiple sets of books and successfully designed and implemented the financial integration of all operational processes.
• Developed business scenarios for UAT using HP ALM tool and training materials using the SAP WPB tool and successfully managed the finance UAT and delivered end user training globally.
• Project managed and delivered all SAP finance custom development activities (adopted Agile framework) from requirements gathering all the way to cutover, delivery and support by working with business stakeholders, SAP development team and various business support teams.

AIG EUROPE LIMITED                                                                                                                                             May 2011 TO MAY 2015

(World leaders in property casualty and general insurance)

Senior Business Analyst, Project Manager, UK

• Designed and Project managed the implementation of finance transformation programme for AIG Direct and integrated its processes with the parent company AIG Europe’s SAP ERP system.
• Designed and Project managed the implementation of a Reconciliation tool to ensure the data integrity between all the Front-End insurance systems, Intermediate layers with the Back-end SAP ERP system. Scope includes all Insurance transactions captured in all Front-End Insurance/Reinsurance systems posted into SAP Sub Ledgers, SAP General Ledgers and data feeds to US Reporting system.
• Supported the development of the Intercompany (non-insurance) Target Operating Model (TOM) and developed Intercompany policies for the AIG Group and helped setup the Intercompany shared service centre (offshore) and designed the end-to-end processes.
• Designed and Project managed the implementation of BI Reporting Solution using Cognos for AIG Western European Countries to present the Finance balances for both Local Calendars (Jan-Dec) and US Calendars (Dec-Nov).

Earlier Career Summary 

• Senior Business Analyst, Grace Foods UK (Europe's leading suppliers of ethnic foods), May 2007 to April 2011 
• Enterprise Consultant, Aspirin Business Computers (SAGE UK Solution Centre), July 2004 – April 2007
• ERP Consultant, British American Tobacco (Second largest quoted tobacco group), April 2002 - April 2004
• ERP Consultant, EWIS Solutions (IBM ERP Solution Centre), March 2000 - March 2002
• Financial/IT Auditor, KPMG, June 1996 – September 1997

• 2013 – PRINCE II Project Management Practitioner
• 2003 – Associate member of Chartered Institute of Management Accountants (CIMA)
• 2000 – B.Sc. in IT, Mathematics (Second Class Upper division)