Description
Position at Tokio Marine HCC

Job Title: Expenses Business Partner
Reporting to: Head of Expense Management
Direct Reports: None
Position Type: Permanent
 

Overview
Operating within the International Finance Expense FP&A team the purpose of this role is to provide strategic, forward looking decision support and business partnering to finance and business stakeholders.
 

Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
 

Job Purpose
This role is an excellent opportunity for someone with strong communication, analytical and data visualization skills to add value and develop a good understanding of the business in finance.
This position will have responsibility for the following key tasks:

Business partnering and decision support for operating expenses across TMHCC International;Responsibility for all forward looking expense focused activities – forecasting, trends, scenarioanalysis, stress testing and projects;Build and develop relationships and communication within business and finance stakeholders.

Key Responsibilities

Business Partnering and Decision SupportCarry out fast and accurate analysis of, and commentary on, key drivers and parameters related to operating cost expenditure.Leveraging from monthly expense reports and analytics to create transparency and insight to support management decision making.Provide commercial support to Executive Management, Underwriters and Department HeadsTo aid commercial resourcing decisions a strong and in-depth control over stakeholders headcount will be required, providing accurate insight into the current and future projected positionAnalysisPrepare and present investment appraisals and prioritisationPerform competitor analysis using external data to benchmark and provide insightsForward Looking AnalysisAnalysis of expense data and monthly expense reports to identify trendsCarry out scenario analysis and stress testingInfluence and challenge business decisions and strategyProjectsSupport the Head of Expense Management in exploring and introducing data visualization as a way to better communicate trends and insights to stakeholdersAnnual Planning & Continual ForecastingResponsibility for analysis to support the annual Corporate budget – understanding strategic plan, supporting stakeholders during planning period, review and challenge of various inputs from stakeholders.Provide input into quarterly International expense forecasting process through engagement with business stakeholders, identification of upcoming issues and/or adjustments and understanding of historical trends.Relationship Management:Focussing predominantly on front office stakeholders, lead the business partnering in relation to expenses and headcount, providing pro-active decision making support.Build strong relationships with stakeholders within and outside Finance across multiple locations, enabling the department to deliver high quality effective support to the OrganisationThrough personal interaction with key stakeholders, elicit their requirements of Expense Management team in order to determine value add support and to better anticipate their needsOther Activities:Support the Head of Expense Management on leading key projects within Expense Management.Challenge current processes and approach all tasks with a continuous improvement mindset to ensure processes are as efficient and effective, while delivering high quality products.

Essential
Skills and Experience Specification:

CIMA / ACA / ACCA Qualified accountantStrong business partnering, relationship building, communication skillsDemonstrable experience working with and supporting business functions and executive managementIT literate with advanced Excel skills and strong financial modelling abilities. Experience in Anaplan and BI systems such as PowerBI, TableauStrong data visualisation skills and experience in utilizing skills to communicate key messagesDeveloped analytical skills including compelling communication of financial information and key metrics/messages relevant to different audiencesHighly numerate with excellent attention to detail and accuracyCommercially minded, critical thinker with a keen eye for the detailProfessional approach and delivery of timely, high quality work productEnergy, enthusiasm, persistence, and adaptabilityAbility to influence and lead othersEncourage a culture of continuous improvement and ‘end to end’ process thinkingAssertive but sensitive to conflicting demands on others.

Desirable

Experience in insurance, including understanding of reinsurance and commission structures and the impacts of this on operating expenses

What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.