Financial Process Engineer

SiriusPoint Ltd.; United Kingdom; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global insurance company is looking for a Finance Process Engineer to analyze and improve financial processes. The ideal candidate should possess a Bachelor's degree in Finance or a related field, have strong analytical skills, and collaborate effectively with various departments. This role requires excellent problem-solving capabilities and proficiency in financial tools. A competitive compensation package is offered.

Benefits

Competitive compensation package

Qualifications

• Bachelor's degree or related field.
• Strong technical background in finance.
• Experience with insurance finance operations.

Responsibilities

• Analyze current-state financial processes and identify areas for improvement.
• Design and implement optimized financial workflows.
• Collaborate with various departments for process integration.

Skills

Strong analytical and problem-solving skills

Proficiency in financial software and tools

Detail-oriented with a focus on accuracy and efficiency

Experience liaising with external auditors

Strong interpersonal and communication skills

Education

Bachelor's degree in Finance, Accounting, or a related field

Accounting designation preferred

Tools

Guidewire Billing Center

Power BI

Workday

Job description

Finance Process Engineer Bermuda | London | New York

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.7 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.

Join Our Team

As Finance Process Engineer, you will play a crucial role in analysing current state processes, and recommending, designing and implementing efficient end-to end processes to enhance our operational effectiveness. You will collaborate with various departments to identify areas for improvement and develop solutions that align with strategic goals and efficiency objectives. The ideal candidate will have a strong technical background and exceptional project management skills. You will report to the Head of Finance Transformation.

Your responsibilities will include:

• Analyse current-state financial processes across the finance function, with an initial focus on the Technical Accounting environment and identify areas for improvement.
• Design and implement optimized financial workflows, processes and controls and project plan to achieve future state outcomes.
• Collaborate with finance, underwriting, claims, IT, and other departments within the value chain to ensure seamless adoption and integration of new processes.
• Develop and maintain documentation for financial processes and procedures including narratives and process maps.
• Monitor and evaluate the effectiveness of implemented processes and make necessary adjustments.
• Provide training and support to staff on new financial processes.
• Liaise with internal and external audit as it relates to walkthroughs and controls.
• Partner with the finance transformation function on various projects and initiatives.
• Stay updated on industry trends and best practices in financial process engineering, particularly within the insurance and reinsurance sectors.

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one ofperformance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

OurValues are at the heart of our business, and which guide every day actions and decision making.

• Integrity: Integrity, respect and trust are our core principles
• Customer Focused: Our customers are the reason we exist
• Solution Driven: Creating solutions is our mindset
• Diversity: Diversity, inclusion and allyship make us stronger
• Collaboration: Collaboration drives our performance
  

Your skills and abilities should include:

• Bachelor's degree in Finance, Accounting, or a related field.
• Accounting designation preferred
• CPCU, ARE or other insurance/reinsurance designations would be an asset
• Six Sigma, Lean Six Sigma, DMAIC, BPM frameworks, or familiarity with APQC process classification framework an asset.
• Experience working with IT developers and data teams
• Experience with Insurance finance operations
• Proven experience in process engineering or a similar role within the insurance or reinsurance sector.
• Expertise in process modelling and working with process modelling tools.
• Strong analytical and problem-solving skills.
• Proven understanding and experience with US GAAP
• Proficiency in financial software and tools.
• Experience with Guidewire Billing Center, Workiva, SICS, Power BI, and Workday would be an advantage.
• Detail-oriented with a focus on accuracy and efficiency.
• Experience liaising with external auditors and other accounting and (re)insurance professionals.
• Excellent interpersonal, written, verbal and organizational skills plus the ability to communicate effectively with all levels of management.
• Strong analytical ability, problem-solving skills and attention to detail.
• Commitment to meeting deadlines and ability to work additional hours, weekends, and public holidays, as required.

Why Should You Join SiriusPoint?

Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment.Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package.

We Achieve More Together

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.

We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.