MI Analyst

Job Title: MI Analyst

Contract Type: Permanent  

Location: Alderley Edge or Edinburgh         

Working style: Hybrid 50% home/office based

Closing date: 4th December 2024

Royal London is currently seeking applications for a MI Analyst to be based at either our Alderley Edge or Edinburgh office on a permanent basis.  

The role sits within the Financial Planning & Analysis team within Group Finance, as a central Hub the team is responsible for the build and execution of key Finance reports to support business decision making and performance management, maintaining existing reports/making changes and ad-hoc analysis deployed against resource demands from Finance Business Partners.

As an MI Analyst your role is vital in supporting the Business Partners in providing insightful analysis to influence and drive decision making. You will be responsible for leading continuous improvement across our key processes, to strengthen our controls, effectiveness, and drive efficiency while being recognised as an SME in the subject area.

Working in this team would gain you strong understanding of the drivers of operating profit performance at a UK Life and Pension company, and that of Royal London’s business and of the relevant market and propositions, including competitors’ strategies, and understanding of market dynamics.

There will also be opportunity to develop your ability to communicate in a professional and influential manner with colleagues, senior Executives and leaders and committees.

About the role

• Production and review of key financial data and information, alongside interpretation of results with the purpose of delivering insightful analysis.
• Production of regular finance reporting & ad-hoc analysis for actuals, forecasting and business planning.
• Presentation of insight and analysis to senior stakeholders both inside and outside Finance to inform business decisions.
• Working with the Finance Business Partners and Senior Cost Managers, providing a point of engagement into Group Finance for any queries arising from analysis provided or requests for further analysis and insight.
• Liaise with key Finance areas and wider business areas to understand the key drivers for the information and provide appropriate challenge.
• Identifying areas for improvement and continuously improve key processes for controls, effectiveness, efficiency, and value.
• Provide clear, effective communication of outcomes to key stakeholders across in Group Finance and the wider business.

About you

• Strong analytical skills and ability to draw out key messages in a non-complex way.
• Background in revenue and/or cost reporting/analysis, ideally with cost allocations experience
• Experience of dealing directly with senior stakeholders in an effective way.
• Understanding of data processes, solutions, and how these can be used to track performance.
• Experience in the financial services industry or similar.
• Knowledge or experience in PowerBI and finance reporting and planning systems (ie Oracle, SmartView).

About Royal London

We are the UK’s largest mutual life, pensions, and investment company, offering protection, long-term savings and asset management products and services.   

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve. 

We have always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits  

Inclusion, diversity and belonging 

We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.