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Form of workJob Introduction
Join the world's leading Medical Defence Organisation, Medical Protection Society, as a Finance Business Partner and be at the forefront of shaping our financial strategy and sustainability.
As the Finance Business Partner for Income and Segment profitability, you'll be the driving force behind our financial performance, collaborating directly with key stakeholders including the Executive Directors of our Business Development & Engagement and Underwriting, Pricing & Insurance divisions. Your expertise in leveraging data insights with a future-focused mindset will play a critical role in turning business plans into financial success stories.
Reporting to the Head of Financial Planning and Performance, this role presents a unique opportunity to work closely with divisional leaders as a trusted advisor, providing real-time support. As a central point of contact for Group Finance, you'll influence decision-making and add significant value through financial planning and analysis activities.
We are seeking a seasoned finance professional with successful track record of Business Partnering. If you have an inquisitive nature, are confident to challenge the status quo, enjoy delving deep into financial and business performance data, and driving informed and strategic decisions to achieve organisational goals, then we want to hear from you!
Role Responsibility
- Partner with Executive Directors and their leadership teams in identifying business drivers for financial performance (income and segment profitability), developing forecast and building the annual budget.
- Engage the business in performance discussions and constructively challenge assumptions and execution plans to deliver income and profitability targets.
- Build upon a new BI tool recently developed and continue to enhance and automate insights directly from the tool new business generation activities, renewal trend, and pricing impact.
- Implement improvement to Anaplan to ensure Anaplan is fit for purpose (income) before 2025 budget cycle.
- Deep dive on Segment performance to identify opportunities to improve, partnering with central FP&A to understand and challenge allocation methodology, pricing team and reserve FBP to understand pricing assumptions vs actual loss ratio.
- Prepare month end review pack on income and segment performance, presenting to Executive Directors, Head of FP&P and the CFO.
- Create insightful financial analysis and presentation in support of quarterly business review and ad hoc topics required for ExCo or Board meeting related to segment performance and income.
The Ideal Candidate
As the ideal candidate for the Finance Business Partner role, you will hold a financial qualification and showcase a proven ability to influence business decisions through data-driven insights and strategic acumen.
Your problem-solving skills and proactive approach will be instrumental in identifying and implementing profitability improvement opportunities, collaborating with cross-functional teams utilising financial and non-financial data to achieve impactful results.
Were looking for curiosity someone who is both keen and quick to learn our complex organisation, as well as keep up to date with the external market. Youll also come with a strategic mindset, strong Business Partnering skills and a keen eye for detail.
Not essential but beneficial to the role, would be a background working within the insurance and/or underwriting space, as well as proficiency with BI tools and expertise of Anaplan (MPS financial planning tool).
If the ideal candidate sounds like you, why not join us at MPS and be part of a dynamic team that values innovation, collaboration, and driving success through continuous improvement and strategic thinking. If you're ready to make a real impact and elevate your finance career, apply now and join the team!
We welcome applicants from all backgrounds, and we encourage you to apply even if you feel you do not match 100% of the technical requirements.We celebrate diversity, promote inclusivity and strive to create a work environment which ensures everyone can be heard.
Package Description
Alongside a competitive salary of up to 70,000,you will also receive:
- Up to 15% discretionary annual bonus
- 11% pension contribution (3% from you, 8% from us optional additional matched 3% contributions, e.g. 6% from you, 11% from us)
- 25 days annual leave plus flexible bank holidays (option to buy/sell 5 days)
- Private Medical Cover
- Healthcare cash plan
- 6x salary death in service
- Paid volunteering day
- A personal GP service enabling you to get a video consultation with an NHS-registered, private GP
- Employee Assistance Programme
- A range of shopping discounts from major high-street retailers
About the Company
The Medical Protection Society Ltd (MPS) is the worlds leading protection organisation for Doctors, Dentists and healthcare professionals. We protect and support the professional interests of almost 300,000 members around the world.
We are a not-for-profit organisation, meaning members subscriptions are either invested into bettering the organisation, colleagues and products, or kept safe should members require support for complaints or claims arising from professional practice.
Our philosophy is to support safe practice in medicine and dentistry by helping to avert problems in the first place. We also actively campaign for regulatory and legal reforms that benefit members and the wider healthcare professions.
To do this, we need colleagues who are trusted and supported to deliver their best work, whether that be through leadership development, fully funded training courses or peer-to-peer support. We want colleagues to feel empowered to deliver positive change, display ambition to push themselves and be determined when faced with a challenge, whilst ensuring members best interests are at the core.
