Finops Engineer

The FinOps Engineer will play a crucial role in enhancing financial operations related to cloud services, specifically within AWS, OCI, and other cloud platforms utilized by the insurance organization. This position demands exceptional analytical capabilities, a thorough grasp of cloud cost models, and practical experience in automation, reporting, governance, and interdepartmental collaboration. The engineer will collaborate with teams from Cloud Engineering, Finance, Security, and Applications to guarantee cost transparency, precise forecasting, and optimal cloud resource utilization in accordance with regulatory and business standards prevailing in the insurance industry. Cloud Cost Management & Optimization Monitor, evaluate, and enhance cloud expenditure across AWS, OCI, and hybrid environments. Execute cost-reduction strategies, including rightsizing, reserved instances, autoscaling, and storage lifecycle management. Create automated cost dashboards and reports utilizing tools such as AWS Cost Explorer, OCI Cost Analysis, CloudHealth, or custom Python scripts. Detect cost anomalies and initiate corrective measures with engineering teams. Governance & Compliance (Insurance Sector) Develop cloud financial governance that adheres to insurance regulatory standards (e.g., data residency, auditability, cost traceability). Establish tagging conventions, chargeback/showback models, and cost allocation frameworks across various business units (Claims, Underwriting, Actuarial, Customer Platforms). Collaborate with Finance to ensure precise budgeting, forecasting, and monthly reconciliation. Automation & Tooling Create automation for cost reporting, anomaly identification, and budget notifications using Python, Terraform, and cloud-native tools. Integrate FinOps workflows into CI/CD pipelines to ensure adherence to cost policies during deployments. Maintain dashboards utilizing PowerBI, Grafana, QuickSight, or OCI Analytics. Collaboration & Stakeholder Engagement Collaborate with Cloud Engineering to develop cost-efficient architectures. Work alongside Product Owners and Business Managers to clarify cost drivers and propose optimizations. Facilitate FinOps training and awareness sessions for engineering teams. Monitoring & Insights Monitor KPIs such as cost per policy, cost per claim, cost per workload, and unit economics pertinent to insurance operations. Offer insights to leadership regarding cloud expenditure trends, ROI, and financial risks. Cloud Platforms Possess a strong understanding of AWS and OCI pricing models, billing structures, and cost optimization tools. Experience with multi-cloud cost management platforms such as CloudHealth, Apptio, Flexera, and Cloudability. Automation & Scripting Expertise in Python for cost automation, API integrations, and anomaly detection. Familiarity with Terraform for tagging enforcement and cost-aware provisioning. Data & Reporting Strong proficiency in PowerBI, QuickSight, Grafana, or OCI Analytics. Capability to develop automated dashboards and financial reports. Governance & Compliance Awareness of insurance regulatory requirements (audit trails, data residency, cost transparency). Experience in implementing tagging standards, budgets, alerts, and chargeback models. Preferred Certificates FinOps Certified Practitioner (FinOps Foundation) FinOps Certified Professional (advanced) AWS Cloud Financial Management Certification Azure Cost Management Specialty Google Cloud Digital Leader (cost governance awareness) Certified Cloud Security Professional (CCSP) (insurance compliance relevance) Power BI Data Analyst Associate (for reporting) Strong analytical and financial modeling capabilities. Excellent communication skills to convey cost concepts to non-technical stakeholders. Ability to collaborate effectively across Finance, Cloud, Security, and Product teams. High ownership, accountability, and meticulous attention to detail.