Finance / Expense Transformation Lead (Life Insurance)

Deloitte - Recruitment; Greater London; Hybrid; GBP 111,000 - 166,000; Full time

Job summary

Deloitte - Recruitment in London is seeking a Finance / Expense Transformation Lead for a Life Insurance client on a hybrid basis. The role leads the expenses workstream within a large finance transformation, driving design, delivery and reporting across expense management and cost allocation.

You will engage with senior stakeholders, guide a small team, and bring strong FP&A and regulatory reporting expertise in life insurance, including IFRS 17 exposure.

Qualifications

• Approximately 5–10 years' experience leading a workstream and engaging with senior client stakeholders.
• Strong Finance/FP&A experience within life insurance, covering expense management, cost allocation, MI/reporting.
• Experience with expense reserving is a bonus.
• Good understanding of life insurance financial and regulatory reporting environment, with exposure to Solvency II, IFRS and/or IFRS 17 beneficial.
• Previous experience in finance transformation or major finance change programme.
• Strong project/workstream management skills; ability to drive activities through to completion.
• Strong stakeholder management and communication skills; ability to facilitate discussions and challenge stakeholders on design decisions.
• Experience of Oracle would be beneficial, particularly Oracle EPCM and allocation & billing functionality.

Responsibilities

• Expenses Workstream Lead within a large-scale finance transformation programme for a FTSE 100 life insurance client.
• Lead the design and delivery of the Expenses workstream, covering expense management, cost allocation, service company billing and management information/reporting.
• Own and drive key workstream activities, requirements, design decisions, dependencies and deliverables.
• Lead discussions with senior client stakeholders, providing appropriate challenge and helping drive resolution of key design questions.
• Manage and provide direction to a small team of approximately 1–3 junior resources.

Skills

Stakeholder management

Expense management

Cost allocation

Management information and reporting

Project/workstream management

Leadership

IFRS/IFRS17 knowledge

Tools

Oracle EPCM

Job description

Role:Finance / Expense Transformation Lead (Life Insurance)

Location: London / Hybrid

Start Date: ASAP

End Date: 3-6 Months, with a strong chance of extension

This is an exciting opportunity to join Deloitte Operations for an engagement with one of our Life Insurance clients.

The Role

• Expenses Workstream Lead within a large-scale finance transformation programme for a FTSE 100 life insurance client.
  
• Lead the design and delivery of the Expenses workstream, covering expense management, cost allocation, service company billing and management information/reporting.
  
• Own and drive key workstream activities, requirements, design decisions, dependencies and deliverables.
  
• Lead discussions with senior client stakeholders, providing appropriate challenge and helping drive resolution of key design questions.
  
• Manage and provide direction to a small team of approximately 1–3 junior resources.
  

Required Skills & Experience

• Approximately 5–10 years' relevant experience, with sufficient seniority and credibility to lead a workstream and engage directly with senior client stakeholders.
  
• Strong Finance and/or FP&A experience within life insurance, ideally covering:
  
• Expense management and cost control
  
• Cost allocation methodologies and processes
  
• Management information and reporting
  
• Any experience of expense reserving is a bonus.
  
• Good understanding of the life insurance financial and regulatory reporting environment, with exposure to Solvency II, IFRS and/or IFRS 17 beneficial.
  
• Previous experience working on a finance transformation or major finance change programme.
  
• Strong project/workstream management skills, with the ability to independently drive activities through to completion.
  
• Strong stakeholder management and communication skills, including confidence facilitating discussions, constructively challenging stakeholders and debating key design decisions.
  
• Experience of Oracle would be beneficial, particularly Oracle Enterprise Profitability and Cost Management (EPCM) and allocation & billing functionality.
  
• Previous team management or coaching experience would be beneficial given responsibility for junior resources.