Director of Finance (Hybrid)
$240k - $281kIntact Insurance Specialty Solutions
Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.
Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It's our promise to you.Who we are At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that's aligned to our targeted customer groups. Intact's Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team. The opportunity We currently have an opportunity for a Director of Finance to join our Corporate Finance team based in our Plymouth, MN office on a hybrid schedule. We are seeking a highly motivated individual to lead the maintenance and execution of our core planning model and associated processes. The Director of Finance is responsible for the integrity of rule maintenance, department budget setup, and monthly updates. The ideal candidate will handle complex calculations (tax rates, allocations, reinsurance) for various business units and support strategic initiatives, including KPI projects and producer incentive management. Some of the Director of Finance responsibilities include but are not limited to:
- Maintain ownership of the planning model rules, ensuring accuracy and consistency in application.
- Define, maintain, and update model rules, re-applying foundational concepts for efficiency.
- Transition knowledge through shadowing opportunities, coordinating with stakeholders to ensure continuity.
- Coordinate department budget setup, including inputting plan assumptions for specialized verticals.
- Perform monthly updates to the plan cube, ensuring accuracy in data handling.
- Review and resolve out of balance scenarios with source data through effective review processes.
- Input premium tax rates, AAO rates, treaty reinsurance amounts and CAT loads (PCS/IFC).
- Develop and run allocation rates for the model.
- Coordinate planning meetings and prepare consolidated US exhibits/presentation templates.
- Collaborate with HR for initial census and salary loading.
- Develop, refine, and maintain mechanisms to track Nationwide broker incentive agreements, allocate costs to business units, and manage accruals.
- Guide and mentor team members, including reviewing their input and assisting with the review process.
- Lead or support the KPI project initiative.
- Work with stakeholders to refine processes, documenting best approaches for learning and applying model concepts.
- Ability to travel when the position requires.
- Bachelor's degree in finance.
- 10 or more years of related experience, with 7-10 years in a management role.
- Experience in financial modeling, budgeting, and forecasting.
- Strong knowledge of Microsoft Excel (advanced modeling techniques).
- Experience with planning software or cubes.
- Proactive approach to process improvement and learning new modeling structures.
- Ability to communicate technical modeling changes to non-technical stakeholders.
- Comprehensive medical, dental and vision insurance with no waiting period
- Competitive paid time off programs
- 401(k) savings and annual contributions of up to 12% of annual salary
- Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits
Why choose Intact We live our Values: We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility. Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what's right to build an inclusive society. Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance.
Check out our Glassdoor reviews to see why people love working for Intact!
Our promise to you Our Values are foundational to our success at Intact. You'll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself. In return, we promise you support, opportunities, and performance-led financial rewards in a flexible work environment where you can:
- Shape the future: Help us lead an insurance transformation to better protect people, businesses, and society.
- Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
- Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.
About Intact At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that's aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services. #LI-DNP Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Vacancy posted 16 hours ago
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