Head of FP&A

Recruiter
Canada Life Limited
Location
Potters Bar, United Kingdom
Salary
Competitive
Posted
30 Jul 2022
Closes
29 Aug 2022
Ref
16134742
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.

Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.

Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Job Purpose
Oversee the commercial performance of the UK Division and key Business Lines with a focus on delivery against Plan, applying competitor benchmarks to enhance business performance and drive profitable growth.

Lead the preparation of the annual Business Plan for the CL UK division and quarterly forecasts/reforecasts, liaising with the respective Finance Senior Leadership Team and Senior Management to provide an overall UK Division Plan consistent with CLUK's strategic and operating goals.

Lead the provision of timely, relevant and reliable Management and Board Information (CLL) derived from a single "version of the truth" in order to support sound business decisions. Lead ad hoc projects / reviews to identify options to improve commercial performance working with the wider Finance and Strategy Team.

Own the quarterly and annual earnings Group results reporting process, ensuring analysis of actuals and forecasts are timely and robust. Lead presentation of results to senior management.

Key Accountabilities
1) Oversee the commercial performance of the UK Division and key Business Lines, with a focus on delivery against Plan, driving profitable growth and understanding performance against competitors.

2) Lead the preparation of the annual Business Plan for the CL UK division and quarterly forecasts/reforecasts, liaising with the respective Finance Senior Leadership Team and Senior Management to provide an overall UK Division Plan consistent with CLUK's strategic and operating goals.

3) Lead the provision of timely, relevant and reliable Management and Board Information (CLL) derived from a single "version of the truth" in order to support sound business decisions.
Management information to include:
- Customer numbers
- Sales
- Revenue
- Expenses
- Earnings
- Investments performance
- Customer metrics
- ROE
- Solvency and Liquidity analysis
- Other as required

4) Lead ad hoc projects / reviews to identify options to improve commercial performance working with the wider Finance and Strategy Team.

5) Own the quarterly and annual earnings Group results reporting process, ensuring analysis of actuals and forecasts are timely and robust. Lead presentation of results to senior management.

6) Completion of business returns for OSFI, Office of National Statistics, PRA and ABI

Desired Knowledge / Experience / Skills
- - Qualified Actuary/Accountant with extensive and wide-ranging Life Insurance Industry experience
- - Significant experience in a Finance oversight role
-- Demonstrates strategic understanding of the life insurance industry and relevant industry benchmarks
- Excellent quantitative business analytical skills
- - Excellent risk, balance sheet and financial planning skills
- - Ability to apply actuarial/finance techniques to business problems
- - Proven management and staff development experience
-- Excellent communication skills - able to address technical and non-technical audiences in formal and informal settings

Qualifications:
FIA or FCA/ACA qualified or equivalent

What you'll like about working here
As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You'll also receive the support you need with your personal and professional development.

Diversity and inclusion
Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences

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