Job title: Chief Financial Officer

Industry: Insurance

Description

North American Chief Financial Officer for Group Insurance Firm Risk

We have been retained to appoint a Chief Financial Officer for a rated property and casualty carrier on the East Coast who are on a trajectory to hitting $800M GWP across their Risk Carriers. Whilst performing this build our client is now building out across all speciality lines too.

The opportunity

There are multiple Risk Carriers that you will have oversight on, which are well capitalised, carries no debt and is backed by a global specialty insurance group with direct access to the London market.

You report to the Chief Executive and work closely with the Group CFO. You are in the room with the rating agency, the state regulators and the auditors.

What you will do

Own statutory accounting and all regulatory and NAIC filings, with management and group reporting alongside
Own the capital plan, including risk-based capital and the rating agency capital model, tested against catastrophe scenarios
Lead reinsurance accounting, recoverables and collateral, and work with the appointed actuary on reserves
Oversee a conservative investment portfolio and liquidity
Lead the financial relationship with the rating agency, the regulator and the auditors
Build the finance team, the systems and the controls

Who we are looking for

A finance leader from a property and casualty carrier, with statutory accounting at the core of your record
Insurance Risk Carrier Experience
Hands-on experience of preparing and signing off statutory annual and quarterly statements
Experience of a rating agency review and a state regulatory examination.
A clear understanding of how a catastrophe-exposed property book consumes capital
A builder who has set up or rebuilt a finance function in a lean business
A sitting carrier CFO, or a strong deputy ready for the top seat
A qualified accountant

Location

This is a remote role where a preference after time in the role would be for the successful incumbent to then move closer to their East Coast Offices

What is on offer

A senior leadership seat at a rated carrier at the start of its growth, a competitive package, and a long-term incentive tied to the value you help create.
Salary Range: $300,000 - $550,000 Base + Bonus + Stock

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Chief Financial Officer