Financial Performance & MI Manager
  • England,East of England,Hertfordshire
  • Full Time
  • Competitive salary
Job Description:
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

As Performance & MI manager at Canada Life, you will be responsible for driving the commercial performance of the UK division and key Business Lines, through the provision of timely, relevant, and reliable management and board information, derived from a single version of the truth, to support sound business decisions.

You will work closely with the Finance Business Partnering team and Special Projects Lead to produce 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.

You will be responsible for managing the completion of regulatory reporting requirements, complex reconciliation and production of board papers related to the UK division, as well as European entities where appropriate.

Duties/Responsibilities
* 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:
1. Customer numbers
2. Sales
3. Revenue
4. Expenses
5. Earnings
6. Investments performance
7. Customer metrics
8. ROE
9. Solvency and Liquidity analysis
10. Sustainability
11. Other as required * Lead the consolidation of the annual Business Plan for the CL UK division and quarterly forecasts/reforecasts, liaising with the respective Finance Business Partners and Senior Management to provide an overall UK Division Plan consistent with CLUK’s strategic and operating goals.
* Work closely with Corporate reputation team in the provision of CLUK financial and non-financial results for use externally, ensuring the accuracy and appropriateness of the data provided.
* Completion of business returns for OSFI, Office of National Statistics, FCA and ABI
* Identify and implement process changes to improve quality as well as processing times to ensure that the reporting deadlines can be met.
* Ensure that appropriate controls over all reporting exist and that these are operating effectively. Ensure that any reporting data issues and/or key control deficiencies are escalated and remediated in a timely manner.
* Responsible for reviewing the recommendations of other qualified accountants and part-qualified accountants and providing feedback, coaching and mentoring to support their development.
* Management of a team of newly qualified/ trainee accountants.
Knowledge/Skills/Experience
* Strong commercial awareness and understanding of the needs of the business. Will be able to apply technical accounting techniques and understand business/commercial implications
* Understand complex data and information with the ability to interpret and recommend commercially astute courses of action; constructively challenging and helping develop others’ thinking and understanding.
* Significant experience in the life insurance industry and is a subject matter expert in a number of disciplines within the function
* Proven ability to lead on high-profile projects, utilising experience in project management techniques to deliver complex projects on-time, in-full.
* Willing and capable of taking difficult and complex decisions independently in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.
Communication
* Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management, including Board level.
* Strong ability to adapt messages to the audience, without prompting or significant coaching, in a format that is easily understood by non technical colleagues
* Strong influencing skills, with experience of engaging with Boards and senior management in order to get desired outcome
Relationship Building
* The ability to develop and maintain strong relationships across the actuarial function and the wider business, acting with integrity and role modelling the company values at all times.
* Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders,
* Ability to flex their style and delivery, in the moment, depending on the individual and/or audience.
Taking Initiative
* Exceptional problem solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard.
* Self-motivated, well-organised, pragmatic and able to perform tasks independently.
Developing Self and Others
* Strong coaching ability in technical, and non-technical skills in order to support the development of others.
* An interested and inquisitive individual who is committed to their own ongoing professional and personal development
Qualifications

ACCA or CIMA
Benefits of working at Canada Life


We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.

How we work at Canada Life


Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better
Job number 1241060

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