FP&A Senior Financial Accountant
Pacific Life · London, United Kingdom · 11d ago
Job Title
FP&A Senior Financial AccountantJob Description
London FP&A Senior Financial Accountant
We believe in giving you ongoing opportunities to advance your career. Whether you want to take on broader responsibilities or grow in new directions, you are in the right place. Here at Pacific Life Re and UnderwriteMe, we want to help you embrace your potential so you can achieve your personal best doing purposeful work, every day.
About Us
We are a rapidly growing global life reinsurer, working with our clients around the world to manage their mortality, longevity, and morbidity risk. We provide Life, Critical Illness, Income Protection, Hospital Cash and Longevity reinsurance products and services to our clients. Today, we are one of the largest and most experienced in the longevity market and are continuing our rapid growth internationally with offices across Europe, Asia, North America and Australia.
We have a relaxed but hard-working culture and providing employees with a healthy work-life balance is important to us. We have a wide range of benefits and regular company activities, including quarterly socials and wellness initiatives.
We are currently midway through a back-office office transformation program (Project Unify) and the company has recently re-organized into a Line of Business structure. The combination of these two events means an exciting time for Financial Planning and Analysis as we modernize our processes and set ourselves up to partner with the business effectively.
Job Description
Senior Accountant, Financial Planning & Analysis
We are seeking a high-performing, driven FP&A professional reporting to the Manager, FP&A to join our global reinsurance business. This role will focus on delivering high-quality financial planning, analysis, and insight to support decision-making within the Division.
This is a hands‑on role that requires strong analytical skills, sound accounting judgment, and the ability to collaborate effectively with stakeholders across Finance and the wider business. Understanding complex reinsurance products and the ability to communicate this understanding with colleagues of differing expertise will be an asset in this role. Proficiency in Power BI development and experience working with financial systems would be beneficial. The role does not carry formal people-management responsibility but plays a key role in influencing outcomes through insight, analysis and business partnering.
Team outputs/ objectives
Financial Planning & Analysis is a global function within Finance operating in UK, Asia, Australia and North America.
The FP&A team is responsible for all financial analysis, MI design and production, strategic planning and forecasting. The FP&A team also support the company’s strategic objectives in relation to organic growth, new products and markets, pricing, modelling and Tax strategy.
The team is also responsible for financial analysis, MI, and stakeholder management with the Enterprise FP&A team based in California.
Key Responsibilities
Financial Planning, Analysis & Insight:
- Support the development and ongoing maintenance PL Re Division planning processes, including annual budgets, forecasts, and long-range plans.
- Prepare and deliver planning and forecasting outputs that provide transparency into performance, risks, and opportunities for senior FP&A leaders and business stakeholders.
- Conduct in-depth financial analysis, including variance analysis, profitability analysis, and scenario modelling, to support operational and strategic decision-making.
- Opportunity to build relationships and partner with divisional expense functions, and Line of Business teams
- Identify risks and opportunities within financial results and forecasts, escalating material items with well-supported analysis and recommendations.
- Develop and maintain financial models, dashboards, and KPIs to track business performance, communicating insights effectively to stakeholders.
- Ensuring analysis is timely, accurate, and decision-focused, enabling stakeholders to understand both financial outcomes and forward-looking implications.
Systems, Data and Process Enhancement:
- Contribute to finance transformation initiatives aimed at standardising and improving FP&A processes, systems and reporting.
- Support implementation of new planning, forecasting and expense management tools, including requirements definition and testing.
- Assist in development of standardised management information and reporting.
Skills & Experience
- Professional accounting designation (CPA, ACA, ACCA, CIMA, or equivalent) is preferred. Typically, 3+ years of relevant post-qualification experience in FP&A, financial analysis, or related finance role.
- Ability to communicate complex financial information clearly to both finance and non-finance stakeholders.
- Proficiency in Microsoft Excel (Power query) and Power BI report development beneficial.
- Experience within insurance or reinsurance is strongly preferred.
- Strong experience working with planning systems and analysis tools, including hands-on data extraction and management.
- Experience on finance transformation projects is preferred.
- Appetite to use new technology and embrace new ways of working.
- Accounting knowledge combined with advanced financial analysis and modelling skills.
- Strong attention to detail, analytical rigor, and ability to manage multiple priorities in a dynamic environment.
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits (Only for Permanent and Fixed Term Employees)
Leave
25 days of annual leave with option to buy/sell more days
Adoption and fertility leave
Generous enhanced parental leave
Healthcare
Comprehensive private insurance coverage for employee and dependents
Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
Optical benefits
Savings & Retirement
15% combined employee/employer contributions
Wellness
Subsidized gym membership
Access to Employee Assistance Program
Cycle to Work and Electric Car Salary Sacrifice Scheme
Time off for volunteering
Charitable matching of employee donations
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values