MI Manager recruitment
Business Partner Relationship Management to Property and Treaty Underwriting teams • Partnership Competencies These are in addition to the MI Team Core Competencies:
- Strives to exceed the expectations of the client and actively seeks feedback
- Is outward and customer focused
- Confident in own skills and contribution; challenges the client so to support the client in achieving their optimal results
- Partnership Capabilities
- Strives to understand all dimensions of the client and their underlying business:
- Knowledge of the individuals within the teams including communication preferences
- Up to date knowledge of the specialist market:
- Analyst view and competitor analysts
- Recent and upcoming product innovation and initiatives. Considers and addresses wider implications of these
- Understands all key drivers to the results, both technical and non technical
- Understands and identifies all key drivers (systems and processes) behind the different views of reported (MI) results.
- Strives to understand all dimensions of the client and their underlying business:
- Specific Business Partner activities
These will include, but are not restricted to, the following:
- Be the relationship manager for the Underwriting team
- Be proactive in helping the Underwriting Teams understand their numbers
- Manage the expectations of the team
- Reviewing and where applicable delivering all MI to the Underwriting Team and working with them to provide suitable commentary and where appropriate approval in a timely and professional manner as suitable for the report type and audience. MI to include:
- Flash and MI Dashboard (Now)
- Quarterly Forecast (WIP)
- Annual Budget (Technical and non technical) (2013 Budget)
- Peer review:
- MI analysis to support the meeting and attendance. Documentation of actions and noteworthy matters for wider use by the MI and other Finance teams as appropriate (to be developed and confirmed). The reports and analysis to be produced include the following:
- Premium Forecast Templates
- Large Loss Templates
- Triangles
- Review of the reserving templates (template for ULR)
- MI analysis to support the meeting and attendance. Documentation of actions and noteworthy matters for wider use by the MI and other Finance teams as appropriate (to be developed and confirmed). The reports and analysis to be produced include the following:
- Ad hoc requests from underwriting teams
Other Finance Business Analyst Key Activities and areas of responsibility
• Controls and Risk Matrix
• Lead on the continuing development and management of the annual controls and risk matrix review.
• Scope to continuously question and assist in the refinement of all processes and controls including consideration for Solvency II control requirements
• Syndicate Business Forecast:
• Responsible for the delivery of SBFs in a timely and coordinated manner. To timetable all components of the SBF submissions and work with each of the departments to ensure a coordinated and professional delivery. To develop the process and controls surrounding the SBF.
• Ad hoc duties
oSupport the delivery of ad hoc requests to the MI team including, but not limited to, analytical MI, report development and system and process development
Integrity and Control
• Use business knowledge to identify potential errors with financial impact and take steps to prevent and/or correct such errors, highlighting where necessary to management.
• Act as a conduit between the Finance department and other departments in order to maintain financial data integrity.
• Produce and maintain procedures documentation for own tasks.
MI Team Core competencies
Core competencies in addition to those noted as specific to the Business Partner role which are considered to be pertinent to the Finance MI team are as follows:
• Analytical Thinking: Logical analytical approach to rapidly changing data and situations. Considers wider implications across functions and varying scenarios to Beazley.
• Professionalism: Consistently demonstrates integrity, is highly credible, respectful and trustworthy and represents Beazley Finance MI in a professional manner. Builds and maintains successful working relationships and is seen to go the extra mile
• Learning and development: Identifies strengths and weaknesses and seeks to improve performance. Recognises and takes responsibility for mistakes and learns from them. Continually seeks self development opportunities. Regularly engages in self-assessment and gives/receives feedback to enhance personal awareness
• Adaptability: Effectively manages changing priorities in a dynamic environment. Seeks training opportunities to understand new working methods. Proves resilient in uncertain and difficult situations and adapts approach/plans/style as required.
• Responsibility and Accountability: Assumes full responsibility for the consequences of own behaviour and decisions. Delivers on commitments to clients demonstrating reliability and dependability. Admits mistakes and takes responsibility for correcting them.
• Communicating Effectively: Timely communication of new information to relevant parties. Adapts communication style and form as appropriate to the audience and illustrates an understanding of their experience and needs. Conveys complex information clearly and concisely. Persuades through uncovering shared benefits and outcomes, looking for mutually satisfactory solutions.
• Demonstrating Teamwork: Seeks collaboration as appropriate and shares knowledge/best practise and helps others when asked. Acknowledges when other members of the team are under comparatively increased pressure and volunteers to support them while maintaining responsibility for own tasks. Teaches new team members and coaches others; identifies opportunities for collaboration (NB: definition of team is extended beyond Finance MI as appropriate).
• Innovative approach: Independently finds solutions to advanced problems and identifies potential barriers to solutions and provides alternatives. Challenges assumptions and “the way we have always done it”. Embraces change and communicates the benefits of change to others.