Vice President, Capital Forecasting Finance Manager

This is a fully remote position, open to applicants in New Jersey, +1 more state.

📋 Description

• Oversee the quarterly forecasting production of all financial metrics, including management earnings and valuations, US GAAP compliance, and other financial capital constraints such as leverage, across various scenarios and sensitivities.

• Act as the technical lead within CMFT for US GAAP projections, collaborating with the Finance team for accounting policy interpretation, income measurement, and general ledger reconciliations to ensure alignment between forecast outputs and the enterprise financial reporting framework.

• Conduct a thorough review and attribution of forecasting model results, elucidating period-over-period changes for key drivers; work alongside the broader Capital Management team to create source-of-earnings and attribution analyses.

• Establish and document finance-related requirements for the enterprise forecasting model; collaborate with the Actuarial Modeling team to investigate issues, test new functionalities, and approve model alterations before production deployment.

• Execute trend and variance analysis to validate financial forecasts against Finance's budget and actual reported results.

• Create executive-level forecasting analytics, scenario analyses, and KPI reporting to facilitate strategic decision-making and enhance enterprise performance management.

• Design and implement controls to guarantee the accuracy, consistency, and governance of forecasting processes, models, and reporting outputs.

• Develop supplementary systems and processes to broaden the coverage of the enterprise forecasting model, ensuring reporting requirements are met across entities, accounts, and business segments not directly modeled within the core architecture.

• Collaborate with the broader CMFT to develop and align forecast sensitivities, focusing on the implications for financial and management basis outputs.

• Lead initiatives to operate on a unified, highly automated model architecture for downstream reporting, minimizing manual processes and enhancing scalability across forecasting outputs.

• Assist senior management and board-level reporting, which includes preparing and presenting capital forecast materials for management committees.

• Supervise a small team of finance and forecasting professionals, promoting a culture of cross-functional collaboration.

⛳️ Requirements

• A bachelor's degree is required, with a preference for fields such as finance, accounting, actuarial science, and other quantitative disciplines.

• Over 8 years of experience, ideally in financial reporting and analysis within the insurance/reinsurance sector and/or insurance accounting.

• CPA, CFA, or equivalent accounting designation is preferred; ASA or FSA is also valued for candidates with actuarial experience.

• Strong understanding of US GAAP accounting principles and financial reporting requirements; technical experience with asset accounting and liability valuations is a plus.

• Proficiency in financial modeling with a comprehensive knowledge of the financial and economic drivers in an insurance or reinsurance business.

• Experience in defining business requirements for financial systems and enterprise forecasting platforms; familiarity with general ledger systems and FP&A toolsets is advantageous.

• Excellent project management and organizational skills, capable of managing multiple workstreams within structured reporting timelines.

• Strong analytical and problem-solving capabilities with meticulous attention to detail.

• Effective written and verbal communication skills, with a proven ability to present financial results and analyses clearly to senior management audiences.

• Experience in people management with a commitment to team development.

• Strong critical thinking abilities, capable of challenging assumptions and translating complex data into clear, actionable insights.

• A growth mindset with a dedication to continuous learning and adaptability in a dynamic environment.

• Comfortable utilizing AI-enabled tools and automation technologies to enhance forecasting scalability and efficiency.

🏝️ Benefits

• Annual bonus based on company and individual performance.

• Generous benefits package.