Finance Business Partner

Direct Line Insurance Group; London; Hybrid; GBP 80,000 - 100,000

Job description

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

Our talented, reactive, and communicative finance team are on call to help us do it in a sustainable, profitable way. With close connections to our shareholders, and a commitment to integrity that spans the entire business, our people are no strangers to creating - and maintaining - value on an unbelievable scale.

What we're looking for:

We're looking for someone with an accounting background to provide analytical support to our leadership teams and join us as a Finance Business Partner.

In the Finance Business Partner role, you’ll need to have experience working in the Insurance industry, and if you are from a trading insurance background (particularly when it comes to Personal Lines or Commercial Products), even better! As part of your responsibilities, you will be managing the entire profit and loss (P&L) process, including analysing monthly and quarterly actuals, as well as budgeting and forecasting.

You'll have good commercial acumen, present data effectively, and be able to use your communication skills to tell a complicated story in a way that will be understood by a variety of audiences.

This is a hybrid role for someone a commutable distance away from our London office.

Who you'll be working with:

As part of our FP&A and Business Partnering team, you'll work with Finance’s Shared Service Team and a diverse range of teams across DLG such as Finance, Category, Pricing, Corporate Actuarial and Marketing. You will engage with MI owners to create or obtain the necessary information to guide and challenge business teams, ensuring alignment of their decision making with the Group’s financial objectives, long-term value maximisation and strategic priorities.

What you'll be doing:

1. Provide functional finance leadership and commercial insight across business areas.
2. Provide financial and commercial support and analysis to SLT members and their leadership Team. Understand how KPIs and other trends are affecting financial performance.
3. Present and report the business’ financial performance in a clear and understandable format to ExCo / SLT member(s), Category / Tribe leads and other governance bodies as required.
4. Obtain, interpret and utilise effectively financial, actuarial and other operational reports and data from a variety of sources, including Finance’s Shared Services Team.
5. Deliver credible budgets and forecasts that reflect the strategy, risks and opportunities of the business. Co-ordinate, engage and project manage stakeholders to ensure deliver of budget inputs to agreed timescales. Understand risks and opportunities and ensure that variances to budget are understood, communicated and reduced - challenging and supporting the business in equal measure.
6. Offer financial partnering and investment appraisal expertise to support Category project teams regarding investment opportunities, partnership tenders and cost and benefit tracking. Work with the Shared Service Analyst Pool to deliver business cases and scenarios, sharing best practice and agreeing priorities following the Group’s existing work stack.
7. Ensure the Shared Service area develops sound models for reporting, commercial modelling, budgeting and forecasting and scenario analysis.

We recognise we wouldn't be where we are today without our colleagues, and that's why we offer such excellent benefits designed to suit you as and when you need them:

• 9% employee contributed pension
• 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
• Additional optional Health and Dental insurance
• Up to 10% annual bonus
• EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax-efficient way.
• 25 days holidays
• Buy as you earn share scheme
• Employee discounts and cashback

Ways of Working

Our hybrid model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. When you'll be in the office depends on your role, but most colleagues are in 2 days a week, and we'll consider the flexible working options that work best for you.

We recognise and embrace people that work in different ways so if you need any reasonable adjustments within this recruitment process, please reach out to us and we can discuss how we can support you with this.

There’s no-one else like you.

No-one with the exact same mix of strengths, quirks, skills and thoughts. That’s why you could belong here. As part of a team of brilliant individuals, in a place that empowers you to be the best you can be. We’re proud of who we are, of what we do, and what every single one of us brings. Join us. Help us keep innovating and putting customers at the heart of everything. To be an insurance company of the future. When we work together, we can all achieve great things. Inspiring, challenging, and supporting each other to aim higher.

Together we’re one of a kind.

Collectively we help every business within our group aim higher. Standing shoulder to-shoulder to stand out in the market, we want to be an insurance company of the future. And with so many areas to choose from, your ambitions are welcome here. See your opportunity to start a career that’s varied, distinct and exciting. Visit directlinegroupcareers.com

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About Us

Here at DLG we believe that there’s no one else like you. No one with the exact same mix of strengths, quirks, skills, and thoughts. We all work together to be brilliant for our customers every day. We're proud of who we are, of what we do, and what every single one of us brings to the team.

Like what you see? When we all come together, we can achieve great things. The question is, are you one of a kind too?

Be Yourself

Here at Direct Line Group, we recognise that AI tools are becoming increasingly popular and are often used by candidates during the recruitment process. While these tools can be helpful for checking spelling and grammar, we strongly encourage you to Be Yourself. We want to see your authentic self by hearing your unique voice and genuine experiences. As you prepare for your interviews, remember to answer questions in your own words, sharing your true experiences. At Direct Line Group, we believe in Owning It and Winning Together, and your authentic perspective is what will help us determine if you’re a great fit for our team!