SVP, Chief Financial Officer
$185k - $295kBerkley Luxury Group (a Berkley Company)
Company Overview Berkley Luxury Group, an operating unit of W.R. Berkley Corporation, one of America’s largest commercial lines writers in the United States, offers tailored, all-inclusive insurance solutions for luxury condo, co‑op, rental properties, and fine dining restaurants. We are a team of seasoned underwriting and claim professionals with over 30 years of experience maintaining a stable approach to the market. We uphold a standard of prompt and fair settlement of claims and provide value‑added consultative risk‑management services. Position SVP, Chief Financial Officer (Parsippany, NJ) We are seeking an SVP, Chief Financial Officer to serve as a core member of our Senior Leadership Team and oversee the finance function of Berkley Luxury Group. Responsibilities Lead the full finance function, including accounts payable, accounts receivable, billing, collections, general ledger, and cash flow management, to protect and strengthen BLG’s financial position. Interpret complex financial information and convert analysis into clear, actionable business insight. Drive process excellence across finance and advance the use of automation, RPA, BPO, AI, and other enabling technologies. Oversee BLG financial reporting and ensure compliance with statutory, regulatory, and property‑and‑casualty insurance requirements. Own the annual budget, capital allocation process, and performance monitoring against the budget and operating plan. Identify cost efficiencies and optimize spending in line with BLG’s operating plan and financial objectives. Partner with senior leadership on strategic planning and lead BLG’s enterprise risk management strategy to identify, assess, and mitigate material exposures. Partner with senior leadership to assess and manage the financial impact of reinsurance transactions and related decisions. Build and develop a high‑performing team and foster a culture of accountability, ownership, and innovation. Serve as a strategic advisor to the Senior Leadership Team and communicate financial performance and implications with clarity and credibility to key stakeholders. Qualifications Bachelor of Science in Accounting or Finance. MBA and/or CPA desirable. 10+ years of progressive finance leadership experience, preferably in the property and casualty insurance industry. Deep expertise across finance operations, including accounting, financial reporting, planning and analysis, budgeting, cash flow, billing, collections, and expense management. Strong command of statutory and GAAP insurance reporting, regulatory compliance, and internal control disciplines. Demonstrated success improving finance processes and deploying automation, RPA, BPO, AI, or similar technologies to increase efficiency and control. Experience leading annual budgeting, capital allocation, performance management, and cost optimization. Strong strategic and analytical judgment, with the ability to translate complex financial and business issues into practical recommendations. Working knowledge of enterprise risk management and ability to evaluate and mitigate broad financial and operational exposures. Preferred experience supporting reinsurance or comparable financial transactions and assessing their financial impact. Proven ability to attract, develop, and retain top talent while building a culture of accountability, trust, and innovation. Executive‑level communication and presentation skills, with the ability to influence senior leadership, the WRB CFO, executives, and board‑level stakeholders. Strong systems acumen, including advanced Excel and experience with enterprise financial platforms; Oracle and PeopleSoft preferred. Ability to operate effectively across all levels of the organization, manage multiple priorities, and travel as needed. Benefits Competitive compensation plan; base salary range $185,000–$295,000, with additional factors influencing final salary. Eligible to participate in the annual discretionary bonus program. Health, dental, vision, life, disability, wellness, paid time off, 401(k), and profit‑sharing plans. Equal Opportunity Employer The company is an equal opportunity employer. #J-18808-Ljbffr Berkley Luxury Group (a Berkley Company)
$185k - $295k
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