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Job Location | Potters Bar |
Education | Not Mentioned |
Salary | Competitive salary |
Industry | Not Mentioned |
Functional Area | Not Mentioned |
Job Type | Permanent , full-time |
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 The FP&A Partner role supports a number of the core FP&A functions, namely: a) the production of the business plan and forecasting, b) management of the P&L for the respective business, c) acting as a point of liaison for the CFO and their Finance function with the business units and, d) providing insightful analysis of financial and commercial performance against Plan and forecast to both the UK management team and our parent company in Canada. The FP&A Partner works closely with the Pricing and Distribution teams in each business to understand trading and commercial performance, . In doing so, the Partner works with the Business Unit to ensure that the new business we are writing meets our return-on-investmenttargets and is aligned with our risk appetite. The FP&A Partner provides independent review and challenge of business performance - including how business initiatives and the benefits associated with them will support the competitive positioning and financial outlook for the business. This individual andwill also be credible when communicating with stakeholders and contribute effectively to senior management meetings. In particular, the Partner supports the financial and commercial decision- making of the business senior leadership team. Duties/Responsibilities Supports the Head of FP&A and Financial Performance Director to deliver an effective and credible FP&A function to the business. This requires the role holder to possess sufficient relevant expertise, experience and insight to manage the P&L for the relevantline of business. At a more detailed level, this involves the provision of support (or sourcing / facilitation of support from elsewhere in the Finance function) to a life insurance or wealth management business in the following areas: