Head of Strategic Finance, Capital Management

Head Of Strategic Finance, Capital Management

The Head of Strategic Finance, Capital Management is a senior leadership role responsible for creating strong financial performance throughout the organization and optimally utilizing capital to achieve the company's strategy. This includes being responsible for enterprise performance improvement, establishing a long-term capital strategy that aligns with the product and growth strategy, evaluating internal and external investments to achieve growth, efficiency and profits, and leading the AM Best rating process. The role influences executive decision-making through compelling data storytelling and ensures rating stability, capital adequacy, and strategic alignment across the organization.

This position will report to the Chief Financial Officer and Treasurer.

Key Focus Areas

• Financial value creation
• Enterprise capital strategy
• Operational cost analysis and process performance optimization
• Credit Rating Agency management
• Executive communication and cross-functional leadership

Essential Elements

Strategic & Financial Leadership

• Steer performance optimization—monitor pricing, loss ratios, operating costs, and overall product profitability; develop actionable strategies to optimize operations, creating efficiencies and implementing cost reductions where needed.
• Conduct deep dive operational cost analyses across business processes (e.g., service, underwriting, claims, product delivery), identifying key cost drivers, performance gaps, and improvement opportunities to inform strategic decisions.
• Partner with business leaders to source and evaluate new opportunities, strategic investments, and acquisitions providing financial expertise, including building end-to-end financial proformas, operational scaling models, resource/staffing models, workflow cost assessments, and ROI targets for enterprise initiatives and new product launches.
• Develop operational financial models that integrate volume forecasts, unit cost assumptions, throughput capacity, and efficiency improvements to guide scalable growth strategies.
• Serve as a key financial partner to the Business Transformation Office, validating business cases, advising on prioritization, and implementing financial benefit realization frameworks.
• Develop ROI metrics for internal business transformation initiatives and track those metrics; quickly respond when an initiative falls outside the metrics.
• Own the enterprise capital strategy—design, run, and refine capital models, stress tests, and ORSA scenario plans to protect solvency, optimize allocation and achieve product growth strategies; partner with business leaders to ensure capital strategy aligns with and supports the product and growth strategies.
• Lead strategic scenario modeling—build and stress-test multi-year dynamic models and translate results into actionable strategies.
• Drive rolling forecast & continuous planning.

AM Best Rating

• Lead the AM Best annual rating review and strategy for long-term rating stability.
• Align capital strategy to risk appetite—connect risk limits and product roadmaps to capital deployment decisions.

Advanced Visualization & Influence

• Data Storytelling—translate complex financial data points and trends into compelling narratives for executive-level decision-making.
• Executive Influence—deliver insights in a way that drives strategic alignment and accelerates decisions at the CEO and Board level.

Requirements

Education and Certifications

• Bachelor's degree in finance, accounting, economics, or related field required
• Master's degree in finance or accounting (MBA) preferred
• Professional credentials such as Certified Public Accountant (CPA), Certified Financial Accountant (CFA) or actuarial designation (AS/FSA) preferred

Experience and Skills

• 10+ years of progressive leadership experience in financial planning and capital strategy, insurance industry preferred.
• Communication and Influence: Experience presenting to rating agencies and executive committees, with ability to influence strategic decisions at the highest level.
• Value Creation: Proven track record in optimizing financial performance by identifying better strategies and/or internal processes.
• Corporate Development Acumen: Experience assisting with acquisition analysis and financial modeling for inorganic growth opportunities.
• Financial Modeling: Proven mastery of complex modeling techniques, including scenario analysis, capital adequacy projections, and stress testing under US GAAP / Statutory frameworks.
• Enterprise Capital Strategy: Expertise in capital modeling, stress testing, and ORSA scenario planning to ensure solvency and optimize capital allocation.
• Technology Proficiency: Proficiency in leading the adoption of AI-driven forecasting tools, cloud-based EPM platforms and advanced visualization tools like Power BI.
• Leadership: Demonstrated success in cross-functional leadership, partnering with actuarial, IT, operations, and product teams to deliver integrated financial strategies. Comfortable driving organizational change and influencing senior stakeholders.
• Ratings Management: Deep understanding of AM Best rating methodology and ability to lead annual rating review and strategy

Travel Required

• Up to 10% travel domestically