Chief Financial Officer
About the Company:
Our client is a forward-thinking, highly respected organization within the insurance industry, committed to offering comprehensive solutions and exceptional service to its clients. They are seeking a strategic and hands-on Chief Financial Officer (CFO) to lead, foster growth, and manage the financial performance of their business.
Job Summary:
As the Chief Financial Officer (CFO), you will serve as a critical member of the executive leadership team, overseeing all aspects of financial management, growth strategies, and compliance. With a deep understanding of the insurance industry, you will drive financial excellence while ensuring the organization adheres to statutory accounting principles, Generally Accepted Accounting Principles (GAAP), and insurance-specific regulations. Your expertise will empower the company to achieve both short- and long-term objectives in a competitive industry.
Key Responsibilities:
- Provide leadership and oversight of all financial functions, including budgeting, forecasting, financial analysis, reporting, and strategic planning.
- Ensure compliance with statutory accounting principles (SAP) and GAAP, as well as regulatory requirements specific to the insurance industry.
- Manage relationships with external auditors, state insurance regulators, and financial institutions.
- Direct capital planning, investment strategies, and risk management to optimize financial resources.
- Collaborate across departments to evaluate operational efficiencies and recommend improvements that align with organizational goals.
- Oversee the preparation of statutory financial statements, including NAIC statements and other relevant reporting.
- Deliver clear, data-driven presentations to the executive team, board members, and stakeholders to drive informed decision-making.
- Stay abreast of changes in industry regulations, legislation, and standards, advising the company on risk and compliance matters.
- Mentor and develop a high-performing finance team, fostering a culture of excellence and collaboration.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA, CFA, or MBA preferred.
- 10+ years of progressive financial leadership experience, preferably within the insurance industry.
- Strong knowledge of statutory accounting principles (SAP), GAAP, and insurance regulatory requirements.
- Proven track record in developing and executing financial strategies that contribute to substantial organizational growth.
- Exceptional communication skills, with the ability to translate complex financial data into actionable insights.
- Hands-on leadership style with demonstrated success in building and managing high-performing teams.
- Advanced proficiency with financial systems and tools, including ERP platforms and insurance-specific financial applications.
Why Join?
- Opportunity to shape the financial future of a dynamic company in the ever-evolving insurance industry.
- Competitive compensation and benefits package, including performance incentives.
- Collaborative and innovative culture where your expertise will be valued and recognized.