Finance Change Business Analyst

Job Title: Finance Change Business Analyst

Location: New York

Working Style: Agile

 

About You and the Role:

Are you a strategic thinker with a passion for driving financial excellence and transformation? We are seeking dynamic and experienced professionals to join the Enstar Finance Change team. In this pivotal role, you will spearhead initiatives to enhance our financial processes, systems, and performance, ensuring our organization continues to evolve.

 

You will collaborate with cross-functional teams to design and implement strategies that optimize our financial operations, improve efficiency, and support sustainable growth. Your expertise will be instrumental in navigating complex financial landscapes, leveraging cutting-edge technology, and fostering a culture of continuous improvement.

 

If you are a visionary with a proven track record in finance transformation and a drive to make a significant impact, we invite you to apply and be part of our journey towards financial excellence.

 

As an analyst in the Finance Change team, you will be instrumental in driving the evolution of our finance function and processes, leveraging your analytical expertise and innovative mindset to identify inefficiencies and implement strategic improvements.  You will work closely with cross-functional teams to integrate new technologies, enhance data management practices, and support a seamless transition to the future state.  The efforts of the Change Business Analyst will directly contribute to optimizing our financial operations,

ensuring compliance, and enabling it to achieve its strategic financial goals.

 

What you will be doing:

             

• Project planning – Defining project goals, scope, and deliverables in alignment with project sponsor and finance change vision.
• Stakeholder management – Coordinate with stakeholders to gather requirements, provide updates, and manage expectations.
• Project Leadership – Organize and motivate cross-functional teams to achieve project milestones and objectives.
• Budget and Resource allocation – Along with the project sponsor manage the project budget, allocate resources effectively, and ensure cost control measures are in place.
• Risk Management – Identify potential risks and develop mitigation strategies to minimize impacts.
• Quality Assurance – Ensure project deliverables meet quality standards and sponsor/finance change expectations.
• Communications – Facilitate clear and transparent communication among team members, stakeholders, and other project stakeholders including managing the governance structure of the project.
• Performance monitoring – Track projects progress, measure performance against KPIs and implement corrective actions as needed.
• Reporting – Prepare regular status reports and presentations for project sponsors and other key stakeholders.

 

What you will bring:

• Bachelor’s degree in Finance, Business, Account, or Economics or Equivalent desired
• 5+ years of business experience in Finance function with 3+ years working in change capacity, preferably at a Financial Services Company
• Professional designations such as CFA, CPA, or FSA/ASA preferred
• Strong knowledge of Finance and Insurance or Financial Service Company Operations
• General Project Management Methodologies desired or willingness to obtain– eg: Lean, Waterfall, Scrum, Six Sigma, Prince
• Some experience in Project Management Implementation Preferred – Lifecycle management, performance tracking, evaluation
• Solid understanding of data strategy, architecture, and warehousing
• Able to implement effective tools for data ingestion, preparation, and visualization
• Strong Microsoft Office skills in Outlook, Word, PowerPoint, and Excel
• Knowledge of financial systems preferred.
• Project management of a financial systems implementation a plus
• Ability to exercise practical judgment, sensitivity, and creativity to changing needs and situations
• Ability to interact and build relationships with people from different departments and varying levels of seniority.
• Strong analytical and problem-solving skills
• Strong organizational skills that reflect the ability to perform and prioritize multiple tasks and a complex workload seamlessly with keen attention to detail and follow-up
• Experience working in a fast-paced environment and ability to apply good work habits to effectively complete assigned tasks and contribute to the smooth operation of the department
• Ability to work effectively in a team environment and to collaborate/work remotely with colleagues
• Strong communication and presentation skills, with the ability to effectively convey information and ideas to others

 

Who we are:

Enstar Group Limited (“Enstar” or “EGL”) is a leading global insurance group. Through our network of group companies, we help others – principally other insurance companies – release capital by taking over liability portfolios which no longer make strategic sense for them to hold. We create value by better managing these “run-off” insurance portfolios and strive to generate attractive risk-adjusted returns from our investment portfolio.

Enstar’s solutions allow our partners to release capital, dispose of non-core businesses and portfolios, achieve early finality on legacy insurance contracts, and manage claims volatility. In return, Enstar drives earnings through savings arising from our technical excellence and from investment earnings on the reserves we hold.

At year-end 2023 we had completed 117 transactions since 2000. Today, Enstar is the industry’s largest standalone run-off consolidator. With around 800 global employees, our network of group companies has a significant physical presence in Bermuda, where our headquarters are located, the United States, the United Kingdom, continental Europe, and Australia.

Enstar maintains a strong balance sheet. We hold long-term issuer ratings of BBB+ with stable outlook by S&P and Fitch. Enstar’s capital base continues to grow, reaching $7.4 billion at the end of 2023, including $5.6 billion of shareholders’ equity and total debt of $1.8 billion. A market leader in the run-off space, Enstar leverages its expertise in claims management, risk analysis, and investments to generate value. These services make Enstar different, something unique.

For further information about us, visit www.enstargroup.com.

 

Your Benefits:

• Enstar offers best-in-class bundled Medical, Dental, and Vision healthcare for single and family coverage.
• Board-certified doctors and pediatricians are available virtually 24/7 for urgent care.
• Access to Health Savings Account (HSA) or Flexible Spending Account (FSA).
• Access to Dependent Care FSA to cover daycare expenses.
• Access to Employee Assistance Programs (EAP) for health and well-being.
• Optional Pet & Home/Auto Insurance.
• Wellness Reimbursement program (up to $600 annual reimbursement for wellness-related expenses, i.e., gym memberships, massage, etc.).
• 401K retirement plant (company matches up to 6% of employee contribution).
• One paid annual volunteer day.

 

General Info

 The target base salary pay range for this role is $95,000-$112,500

*Target full-time equivalent base salary range is based on relevant market data. The actual salary offered will depend on applicable market data for hiring location and relevant candidate knowledge, skills/experience. This salary range is not inclusive of applicable discretionary incentives.

 

Our Values:

ENTREPRENEURIAL

A characteristic that is core to our culture: we encourage an entrepreneurial spirit, our colleagues have the autonomy to shape strategy and innovate new revenue streams and we reward those who are commercially focused.

NIMBLE

We are quick to respond to change. We embrace new technology and new lines of business according to market demands. We grasp new concepts quickly, are able to deliver in a timely manner, and can improvise when needed.

SOLUTIONS FOCUSED

We are resilient, successful, have a winning mentality, and possess a strong work ethic. We believe in getting it done. 

TEAMWORK

Our strength is working together as a Group, across regions, companies, and disciplines. We firmly believe the sum of our collective effort, knowledge, and ambition will always outweigh our individual contributions. We work as a trusted partner to our clients.

AWARE

We use our knowledge and experience to stay aware of market trends, acquisition opportunities, and other influencers that could impact us and our competitors. Our constant awareness means that we are vigilant, innovative, and responsive.

RELEVANT

At all times we strive to undertake actions that are relevant to help us achieve our vision and to ensure we remain a provider of relevant insurance solutions to the market. We have shown a capacity to evolve and will continue to do so in order to ensure our ongoing relevance to the market.

 

Equal Opportunities at Enstar:

Our annual Inclusivity Index puts Enstar ahead of the industry in terms of diversity and inclusivity. At Enstar, we value all types of diversity. We’re an equal-opportunity employer and believe that our diversity creates an authentic working culture. We don’t discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy, and carer status, race (including color, nationality, and ethnic or national origin), religion or belief, sex, and sexual orientation. Enstar is committed to providing an accessible recruitment experience for all those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process.