Pension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service.
Our purpose is to pay the pensions of our current and future policyholders.
We achieve our purpose by setting Companywide strategic objectives and driving a healthy culture based on our PIC Values of Resilience, Adaptable, and Loyal. At PIC, we are recruiting an Expense Business Partner to join our Expense Management team, which forms part of our Reporting & Financial Management department.
The Expense Management team is responsible for the budgeting, financial accounting and day to day payment management of all expenses across the group.
This team is growing and fast-paced in nature, and looks after an array of payments types and reporting to improve the expense management for the Group.
The role itself is responsible for partnering several Executive Committee members in order to both drive efficiency in their functions and help them plan for the future.
The role supports our growth strategy whilst ensuring there is an appropriate level of both BAU and project cost oversight.
You will need to be able to effectively collaborate with Executive Committee members, Cost Centre managers, suppliers, internal budget holders and PO Champions across the Company to secure their buy-in.
Specific accountabilities assigned to the role of Expense Business Partner within the Reporting and Financial Management department: Responsible for the annual budget and forecast cycles for your functions, including workforce planning, third party spend, headcount and the allocation of costsMaintain budgetary control for your functions to ensure the Board cost and headcount targets are metDrive efficient growth across your functions and prepare detailed business cases for new projects.Identify cost efficiencies and work with relationship owners to plan third party spendPrepare quarterly operating review and other PowerPoint packs for our ExCo Senior Leaders, Business cases and Board slidesSupport the accounts payable department resolve cost queries relating to your functionsSupport the annual review of cost maintenance allocations and reserving auditsExperience: Qualified AccountantExperience within the Financial Services IndustryExperience of taking a leading and proactive role in cost management initiatives (including engaging with project/program manager and key project stakeholders)Knowledge: Established knowledge of budgeting and forecastingGood working knowledge of Financial Services IndustryUnderstanding of Life Insurance cost allocations e.g.
maintenance reservesSkills: Strong communication skillsAbility to persuade and influence both directly and indirectlyAbility to work in a rapidly changing environmentAbility to organise work to meet competing deadlinesHighly organised with an excellent eye for detailAdvanced knowledge of ExcelGood working knowledge of PowerPointDesirable personal attributes aligned to what success looks like in the role: Effective communicator – Craft great working relationships with each of the ExCo members you support and their teams through proactive stakeholder management whilst asking challenging cost question as required.Influencing skills - Influence PIC colleagues, including Finance, to ensure quality data and timely information is received to enable the team to meet deadlines and prepare accurate MIStrong problem-solving skills utilising consultative questioning to challenge current norms and drive change within the business areas.Innovative thinker – positive attitude to change and a willingness to embrace new ideas and techniques to improve performance.Takes ownership for their own learning and developmentIn addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.
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