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Job description

Job Description:
Syndicate Finance Change Manager

24month Fixed Term Contract

Negotiable base salary



We are looking for an experienced Finance Change Manager to be the link between our Finance Transformation Programme and our Syndicate Finance division, ensuring that the projects work in harmony and are delivered in a complementary way. If you are a qualified accountant with substantial finance change experience in Insurance and Syndicate finance, this role could well be for you.

The Role

As our Syndicate Change Manager, you'll be someone with excellent interpersonal skills and significant breadth of experience across Insurance and Syndicate Finance, combining both business knowledge with technical expertise so you'll be able to hit the ground running. Your strong influencing and stakeholder management skills will play a crucial part in the success of the role, and be able to span multiple business areas, IT and levels of seniority.

In this role you will be responsible for driving and embedding change in the business, representing and championing the needs of the Hiscox Syndicates to the programme and ensuring the right people are involved at every stage of the programme. You will see ideas beyond the original plan and where needed be able to call out risks and issues in a timely fashion to both the project and the Syndicates.

You will take a leading role in business readiness, ensuring all teams understand what they are receiving, what is in scope and what is not and what this means for the business in the short and long term. You will work collaboratively and confidently with the project, People and Business Change and local and senior leadership to ensure complete oversight of the change.

You will be involved in;

2021 FTP Embedding Project

Hiscox went live with its Finance Transformation Programme, which included the implementation of a new data warehouse and ledger, in early 2020. The syndicates' reporting, both Group and Lloyd's, are now fully driven from the new warehouse and ledger. However, there are some go-live and user issues which have been identified and a project is in place to remedy these issues in 2021. You will work closely with the syndicate finance, the 2021 FTP Embedding project manager, IT and group teams in making sure solutions which are implemented meet the syndicates' requirements.

Syndicate Control Framework

The syndicate undertook an externally led review of its control framework at the end of 2020. This work concluded with a list of recommendations for the syndicate to implement in 2021. You will work closely with the syndicate finance team as the owners of these recommendations and the rest of the business in implementing these recommendations in the overall control framework of the syndicates.

What you'll be doing :

  • Working with the syndicate team to understand how the new change impacts the syndicate processes and ensuring that any syndicate changes are made to ensure a smooth implementation of this change into BAU, working with the syndicate leadership team and FLT member to ensure that the processes are updated in a safe way so that the new change does not negatively impact current processes
  • Collaborating with Project and Programme Managers, developing and agreeing plans and solutions to ensure the projects / programme achieve local syndicate requirements, avoiding Subject Matter Expert resource conflicts
  • Understanding the baseline outcomes for the syndicates and accepting the solution on behalf of the syndicate
  • Tracking and delivering business outcomes against the business case and ring-fencing benefits to prevent erosion
  • Soliciting syndicate support, resource and time commitment for all projects, ensuring resource requests are channelled appropriately and efficiently, particularly at critical points during delivery cycle
  • Agreeing prioritisations of the syndicate plan / time / resources across projects, driving and delivering the business tasks for the syndicate
  • Facilitating change, resolving syndicate issues relating to the project and removing blockers that impact delivery
  • Providing relevant and meaningful business-related content and delivering consistent communications, ensuring alignment and synchronisation across the syndicate in co-ordination with FCP
  • Signing off the business requirements having secured authority from and on behalf of the Director of Syndicate Finance and CFO, ensuring a smooth implementation of the solution into BAU, that the business is ready to accept the changes and the change embeds into BAU
  • Providing input into core programme activities e.g. UAT, learning requirements and enabling business readiness


Person Specification:
Our must haves :

  • Qualified accountant with +5 years PQE
  • Knowledge and experience across Finance processes, in particular in the Insurance and Reinsurance sector
  • Lloyd's syndicate experience
  • Enjoy change, embracing it with a positive mindset
  • Excellent interpersonal skills with the ability to build and maintain relationships with people in and out of the change program, and manage all levels of stakeholders
  • Be able to pick up quickly and develop an understanding of the core concepts relevant to the specific project and its outcomes
  • Ability to manage competing priorities in a fast paced environment


Diversity and flexible working at Hiscox

At Hiscox we care about our people. We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn't always have to be 'nine to five' and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.

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If you would like to know more about the role, or you are having any difficulties with the application process please send your CV and the four-digit job ref number to
[email protected]
Industry
Insurance
Job Sector
Management
Job Position
Change Management
City/Town
London
Address
London, UK Show on map
Post date
Closing date

How would you fit?

Learn more about Hiscox

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

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