The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
To lead and enhance the delivery of financial actuals, reporting and forecasting processes while supporting financial transformation initiatives including system implementation.
Key accountabilities
Ownership of Actuals Reporting
Lead monthly actuals review across cost centres including accruals, prepayments and variance analysis.
Ensure accuracy, completeness and timeliness of financial reporting.
Partner with financial reporting teams to resolve issues and improve close efficiency.
Identify and implement improvements in month end reporting process.
Business Partnering
Lead detailed variance analysis reporting (actuals vs. forecasts vs. prior periods) with clear insightful commentary.
Present financial insights to senior stakeholders including department heads.
Drive consistency and quality in reporting outputs.
Challenge and support budget holders with actionable recommendations.
Process Improvements and Finance Transformation
Identify and implement process improvements.
Play a key role in financial system implementation and improvement.
Reporting and Data Capability
Develop enhanced reporting output including dashboards and automation.
Improve data integrity and reporting consistency across systems.
Work with stakeholders to define reporting requirements and deliver solutions to increase budget holder engagement with monthly reporting.
Skills & experience
Qualified Accountants (ACA/ACCA or equivalent) (3+ years PQE)
FP&A/Finance business partner experience.
No insurance experience required
Proven experience managing month end and reporting processes.
Experience with financial systems implementation or improvement initiatives (SAP/Oracle/Pigment)
Stakeholder management experience with ability to challenge and influence.
Ability to operate independently in a fast-paced environment.
Experience in finance transformation or transaction experience (desirable).
Other
The Fidelis Partnership Ethos
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity, Equity & Inclusion
Diversity & Inclusion in the workplace
Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
We aim to maintain a focus on equal opportunities across all stages of hiring process
We measure and minimise the pay gap where possible.
Bring Your Whole Self to Work
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity & Inclusion at every level, in every department across The Fidelis Partnership.
To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact fidelis@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
