Senior Financial Planning and Analysis Analyst

Hiscox; Greater London; On-site; GBP 50,000 - 75,000; Full time

Job summary

Hiscox is seeking an FP&A Analyst – Technology Change in London to drive strategic investment analysis and transformation financial insights. You will partner with Technology and Transformation Office to shape business cases, budgets and cost optimisation across cloud, digital, and transformation initiatives.

The role focuses on change spend, ROI, and benefits tracking, with exposure to governance forums and performance tracking of programmes.

Qualifications

• Strong analytical and storytelling skills.
• Advanced Excel and financial modelling capability.
• Experience in FP&A, commercial finance or investment analysis.

Responsibilities

• Analyse and report change spend vs strategic plans.
• Support technology investment decisions through financial modelling and insight.
• Track project financials (budget vs actual vs forecast).
• Support capitalisation, amortisation and benefits tracking.
• Provide analysis on ROI, payback and value delivery of initiatives.
• Support Finance Business Partners with insight and reporting.
• Provide clear explanations of cost performance to non-finance stakeholders.
• Build relationships with Technology and Transformation Office.
• Support cost discussions, highlighting risks and efficiencies.
• Support business cases, investment governance, and prioritisation decisions.
• Contribute to governance forums and performance tracking of programmes.
• Build and enhance cost models for tracking implementation costs and benefits.
• Work with stakeholders to ensure accuracy of project spend (including journals).
• Improve cost attribution (cloud tagging, shared services allocation).
• Work with Technology teams to improve data granularity.
• Explore automation and AI tools to enhance insight and reduce manual effort.

Skills

Analytical skills

Advanced Excel & financial modelling

Financial analysis experience

Education

Qualified accountant (ACA/ACCA/CIMA)

Tools

Power BI

Job description

Job Type

Fixed Term

Build a brilliant future with Hiscox

FP&A Analyst – Technology Change

Fixed Term Contract - 12 months

Role Purpose

This role focuses on strategic investment, transformation programmes, and technology financial insight. The analyst will support decision-making on change spend, business cases, and cost optimisation, with exposure to cloud, digital, and transformation initiatives.

Key Responsibilities

Transformation & Investment Analysis

• Analyse and report change spend vs strategic plans
• Support technology investment decisions through financial modelling and insight
• Track project financials (budget vs actual vs forecast)
• Support capitalisation, amortisation and benefits tracking
• Provide analysis on ROI, payback and value delivery of initiatives

Business Partnering (Strategic Focus)

• Support Finance Business Partners with insight and reporting
• Provide clear explanations of cost performance to non-finance stakeholders
• Build relationships with Technology and Transformation Office
• Support cost discussions, highlighting risks and efficiencies
• Support business cases, investment governance, and prioritisation decisions
• Contribute to governance forums and performance tracking of programmes

Data, Tools & Innovation

• Build and enhance cost models for tracking implementation costs and benefits
• Work with stakeholders to ensure accuracy of project spend (including journals)
• Improve cost attribution (e.g., cloud tagging, shared services allocation)
• Work with Technology teams to improve data granularity
• Explore automation and AI tools to enhance insight and reduce manual effort

Candidate Profile

Essential

• Qualified accountant (ACA/ACCA/CIMA)
• Experience in FP&A, commercial finance or investment analysis
• Experience with business cases, ROI and benefits tracking
• Strong analytical and storytelling skills
• Advanced Excel and financial modelling capability

Desirable

• Experience in technology transformation or digital programmes
• Exposure to cloud platforms or FinOps concepts
• Power BI / data visualisation experience
• Interest in automation, AI or advanced analytics

What You’ll Gain

• Exposure to strategic technology investment and transformation
• Experience supporting high-impact decision-making
• Development of commercial, analytical and influencing skills
• Opportunity to shape how finance supports innovation and growth

About Hiscox

As an international specialist insurer, we are far removed from the world of mass market insurance products. Instead, we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We ensure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong.

Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

Diversity and flexible working at Hiscox

At Hiscox we care about our people. We hire the best people for the job, and we are committed to diversity and creating a truly inclusive culture, which we believe drives success.

Working life does not always have to be in the office so we have introduced hybrid working to encourage a healthy work life balance.

This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.

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Work with amazing people and be part of a unique culture