Financial Performance Strategist

2 days ago


Sydney, New South Wales, Australia beBeeInsight Full time $110,000 - $175,000
Financial Insight Professional

We are seeking an experienced professional to provide valuable financial insights and support to drive the successful implementation and delivery of strategic initiatives.

Key Responsibilities:
  • Collaborate with stakeholders to deliver meaningful insights that drive business performance.
  • Assist in providing accurate financial performance reporting (P&L and TCE) to enable the business to monitor and track against financial/strategic targets, including scenario modelling and cost / benefits analysis of initiatives.
  • Lead the design and development of reporting and tracking for numerous key initiatives including the process of realisation of the benefits in the IAG P&L and project implementation spend.
  • Contribute to budgeting and forecasting for claim cost, TCE and initiatives, including working closely with business and finance stakeholders, understanding business operations and strategy and developing new processes / rhythms as needed.
  • BUILD AND MAINTAIN RELATIONSHIPS WITH KEY STAKEHOLDERS ACROSS THE BUSINESS AND BROADER FINANCE.
  • Produce and contribute to a number of recurring executive level internal and external reports including Boards, investment committees and investor reports.
  • Assist with developing financial models for the various projects and initiatives, providing meaningful insight and advice, scenario modelling and sensitivity testing where required;
  • Provide SME support for various Finance systems and tools including TM1, the new budgeting and forecasting tool and Tableau dashboards.
  • Contribute to a high performing and motivated team of performance reporting professionals that deliver insights to the business.
Requirements:
  • Strong commercial and financial acumen.
  • Ability to challenge and influence senior stakeholders across IAG.
  • Deep understanding of the Claims business to oversee TCE and P&L performance and balance sheet movements in respect of claims, explained through various claims drivers (i.e. claims frequency, average claims cost, claims inflation, etc) and FTE productivity drivers, initiative realisation, etc.
  • 5+ years experience in financial services, preferably within Insurance industry.
  • Experience in finance and accounting including financial management/reporting, technical accounting knowledge, and business commerciality.
  • Understanding of business and financial impacts of operational decisions.
  • Extensive knowledge of finance reporting systems and frameworks.
  • Attention to detail and ability to multitask, adhere to deadlines and perform under pressure.
  • Experience operating and delivering results in a matrix environment and leveraging relationships to influence and drive outcomes.
  • Ability to liaise in a professional manner with appropriate commercial sense to influence external stakeholders.
  • Tertiary qualifications, i.e. Postgraduate degree in Accounting, Finance or Actuarial.
  • CA/CPA/CIMA qualified.
  • Relevant professional membership and certifications.
  • Extensive experience with understanding, extrapolating information and developing/building financial models.
  • Understanding business strategy and customer proposition for Claims across all AU Portfolios.
  • Experience in analysing the underlying drivers of claims cost and P&L drivers of performance.


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