Finance Manager, Insurance

This is a fully remote position, open to applicants in Washington.

📋 Description

• Report directly to the Senior Director of Insurance FP&A.

• Assist with budgeting, forecasting, and analytical tasks across the insurance division.

• Evaluate capital structure and requirements, providing recommendations to enhance capital efficiency and financial stability.

• Aid in balance sheet forecasting and the development of capital evaluation models.

• Monitor and report on rating agency and regulatory metrics, such as surplus, risk retention levels, net combined ratio, and RBC.

• Contribute to the corporate risk management insurance program, including policy renewals, coverage assessments, and cost predictions.

• Perform risk assessments and conduct stress testing.

• Support the insurance division's annual, quarterly, and monthly forecasting efforts.

• Carry out financial analyses and variance reporting related to performance, profitability, unit economics, and operational efficiency.

• Execute special projects and ad hoc analyses within Insurance Finance.

• Document processes, models, and assumptions for knowledge sharing and audit preparedness.

• Participate in cross-training initiatives within the team.

• Prepare analyses and materials for senior finance leadership, auditors, rating agencies, and reinsurance partners.

• Clearly articulate technical concepts to non-technical audiences.

• Collaborate effectively with Premium, Losses, Corporate Finance, and Actuarial partners.

• Leverage AI tools to optimize recurring analyses, detect errors, and enhance the speed and consistency of deliverables.

• Engage in onboarding alongside the Finance Manager regarding treaties, capital, and risk management insurance.

• Develop strategies aimed at leading Reinsurance or expanding a Capital and Risk Management portfolio.

⛳️ Requirements

• A minimum of 7 years of experience in reinsurance, insurance capital management, or related finance roles.

• Experience with a reinsurance broker, reinsurer, or P&C insurance carrier is highly regarded.

• A bachelor's degree with a focus on Finance, Accounting, Economics, or a related discipline.

• Strong grasp of reinsurance arrangements and their implications on surplus, RBC, and risk management.

• Proficient in capital modeling and advanced Excel functionalities.

• Familiarity with US STAT and GAAP reporting standards.

• Practical experience using AI tools such as Claude, ChatGPT, or similar for analysis, modeling, or process automation.

• Exceptional verbal, written communication, and presentation abilities.

• Capability to convey technical information to non-technical stakeholders.

• Ability to interact with all levels of management and personnel.

• Strong collaboration skills with cross-functional teams.

• Capacity to work independently, manage multiple priorities, and thrive under tight deadlines.

• Team-oriented mindset with the ability to cultivate strong working relationships.

• Open to feedback and dedicated to continuous improvement.

• CPA, CFA, or actuarial designation (ACAS/FCAS) is preferred but not mandatory.

• Experience in capital markets or investment banking is preferred but not required.

• P&C insurance experience is strongly preferred but not mandatory.

• Must be authorized to work in the US.

🏝️ Benefits

• Long-term incentive awards subject to program guidelines and approvals.

• Three medical plan options available.

• Two dental plan choices provided.

• Vision plan offered.

• Voluntary plans for Critical Illness, Hospital Indemnity, and Accidents.

• Partially employer-funded Health Savings Account.

• Flexible Savings Accounts for healthcare, dependent care, and transportation expenses.

• Company-paid Basic Life and AD&D insurance.

• Company-covered short- and long-term disability benefits.

• Optional Life and AD&D plans.

• Traditional and Roth 401(k) plans with a discretionary employer match.

• Employer-sponsored Supportlinc wellbeing program, featuring guided meditation, mindfulness exercises, mental health coaching, clinical care, and confidential resources.

• LifeBalance discounts on gym memberships, travel, appliances, movies, pet insurance, and more.

• Flexible paid vacation policy.

• Typically nine company-paid holidays each year.

• Paid sick leave.

• Paid parental leave.

• Identity theft protection program.

• Travel assistance services.

• Fitness and various discount programs.

• Remote work options available.