Summary: The Project Manager for Workday Transformation in the insurance sector will spearhead the implementation and optimization of Workday Financials, ensuring compliance with industry regulations. This role involves collaboration with various teams to align financial processes with Workday configurations, focusing on premium accounting, claims payments, and regulatory reporting. The ideal candidate will possess a strong finance transformation background within insurance and excellent stakeholder management skills.

Key Responsibilities:

• Lead the end-to-end deployment of Workday Finance modules for an insurance organisation, including General Ledger, Accounts Payable, Accounts Receivable, Procurement, and Financial Reporting.
• Ensure Workday configurations support premium accounting, claims financial management, regulatory reporting (e.g., IFRS 17, Solvency II), and reinsurance transactions.
• Define project scope, objectives, and deliverables, ensuring alignment with insurance finance transformation goals. Develop detailed project plans and governance frameworks to manage project risks and compliance.
• Work closely with actuarial, underwriting, claims, and risk teams, as well as finance and IT teams, to ensure Workday meets the needs of the insurance business. Manage relationships with third-party Workday consultants, reinsurers, and regulatory bodies.
• Identify opportunities to enhance Workday's functionality to improve financial controls, reporting accuracy, and automation of regulatory filings.
• Ensure Workday configurations support compliance with IFRS 17, Solvency II, Lloyd's and PRA/FCA regulations. Implement controls to manage financial data integrity and audit readiness.
• Manage project budgets, resource allocation, and third-party vendor relationships to ensure cost-effective and timely delivery.
• Leverage Workday Adaptive Planning and reporting tools to improve financial forecasting, actuarial reporting, and claims cost analysis.

Key Skills:

• Experience leading Workday Financials implementations or optimisations within an insurance organisation.
• Strong understanding of insurance finance processes, including premium accounting, claims financial management, reinsurance, and actuarial reporting.
• Knowledge of Workday integrations, security roles, and business process frameworks, particularly in the context of insurance and financial services.
• Familiarity with regulatory frameworks such as IFRS 17, Solvency II, Lloyd's reporting standards, and UK financial regulations (PRA/FCA).
• Excellent stakeholder management skills, with the ability to engage finance, actuarial, underwriting, claims, IT, and regulatory teams.
• Strong problem-solving skills, with the ability to challenge existing processes and propose Workday-driven automation and efficiency improvements.
• Experience in financial controls, compliance, and audit readiness within the insurance industry.
• Proficiency in project management methodologies (Agile, Waterfall) and tools such as Workday Project Management, MS Project, or Jira.
• Strong analytical skills, with experience leveraging Workday Adaptive Planning for financial forecasting and reporting.
• High attention to detail, ensuring Workday configurations support accurate financial reporting and regulatory compliance.

Salary (Rate): £1,000

City: London

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: IT