Finance Business Partner - London, United Kingdom - LegalAndGeneral

Description

We're recruiting for a Finance Business Partner to join our Retirement Division. We're offering a competitive base salary, great benefits and the opportunity to support L&Gs Retirement Division to optimise its financial performance and ensure that the financial implications of tactical and strategic decisions are fully assessed and understood under a variety of scenarios.

What you'll be doing:

• Supporting the Head of Finance Business Partnering and Senior Finance Business Partner in the development and delivery of LGRI's detailed five-year strategic plan, including ORSA economic downside scenarios.
• Working closely with the Strategy / Corporate Development teams to support the development of the division's strategy plan by preparing financial analysis and projections under a range of scenarios to assess the financial implications of new initiatives.
• Preparing regular forecasts of business KPIs (including profitability, Solvency II surplus generation, new business performance and liquidity) and constructing reports to communicate financial results and forecasts back to the business (including Senior Management Teams) to assist the LGRI Division and Group in the management of its business performance.
• Maintaining, developing and using detailed financial models (primarily Excel based currently) to generate projections of P&L, Balance Sheet (including Solvency II) and other KPI metrics for both plans and forecasts, including various sensitivities and scenarios.
• Demonstrating an attitude of continuous improvement by keeping abreast of technology developments that could simplify and streamline the processes and procedures within the team and proposing these improvements. As well as having a collaborative approach to improving the effectiveness and efficiency of the team's wider deliverables.
• Having an in depth understanding of threats and opportunities to the LGRI financial results and being able to apply commercial and technical knowledge to suggest a series of "levers" that can be used to manage the stability and predictability of these results.
• Developing and maintaining close working relationships with the wider Finance team and taking a collaborative approach to the production of financial analysis. As well as working with the UK/International Pricing, Origination, Reinsurance, Investment and Risk teams to develop and maintain a solid understanding of the business, its plans, strategy and initiatives and the key drivers of performance.

Who we're looking for:

• A Qualified / Nearly Qualified Actuary or Qualified Accountant.
• A detailed technical understanding of a Solvency II balance sheet and associated metrics in a life insurance or pensions context.
• A good understanding of IFRS 17 and related metrics in a life insurance or pensions context.
• The ability to interrogate models to understand the impact of different assumptions and explain these movements in the results, and deploy appropriate checks and controls to ensure accuracy of outputs.
• A comprehensive knowledge of the Pension Risk Transfer ('PRT') products (buy-ins and buy-outs) as well as a detailed understanding of the drivers of business performance for a PRT provider.
• An understanding of our competitor and market environment, the changes happening within them and the impact these could have on internal strategies, plans and targets.

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Private medical insurance (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years' service. There's also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
• There are the many discounts we offer – both for our own products and at a range of high street stores and online
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we've grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.

We're all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you'll find a balance that helps you be your best. Empowered by hybrid working, we're supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there's over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don't have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don't just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it's important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we're always open to discussing flexible working arrangements. Likewise, we're committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.