Chief Financial Officer

Job Description

Job Description

SVP / Chief Financial Officer – Property & Casualty Insurance

Location: Parsippany, New Jersey | Executive Leadership | National Insurance Carrier

Are You a Controller or VP of Accounting Ready to Step Into a CFO Role?

Our client, a national property and casualty insurance carrier , is seeking an accomplished Senior Vice President / Chief Financ ial Officer (SVP/CFO) to join its Senior Leadership Team and lead the company's entire finance organization.

This is an exceptional opportunity for an experienced insurance Controller, VP Accounting, VP Finance, Corporate Controller, Chief Accounting Officer, or senior insurance finance executive who is ready to expand their leadership responsibilities and take ownership of the full financial function of a national insurance organization.

The ideal candidate will bring deep experience in insurance accounting, statutory accounting, GAAP financial reporting, financial planning and analysis, budgeting, forecasting, cash flow management, expense management, financial controls, regulatory reporting, and P&C insurance finance.

If you are an experienced Controller or VP of Accounting in the insurance industry who has demonstrated the ability to move beyond accounting and become a strategic business partner to senior leadership, this opportunity warrants a conversation.

The Opportunity

The SVP / Chief Financial Officer will have enterprise-wide accountability for the company's finance function and will serve as a key member of the Senior Leadership Team.

This executive will oversee accounting, financial reporting, budgeting, forecasting, expense management, cash flow, compliance, billing, collections, and strategic financial planning, while partnering with senior leadership to strengthen financial performance, operating efficiency, financial discipline, and enterprise risk management.

The CFO will be expected to transform complex financial information into clear business insight and actionable recommendations, while ensuring the organization maintains strong financial controls, statutory compliance, regulatory compliance, and P&C insurance accounting disciplines.

Key Responsibilities

Finance & Accounting Leadership

• Lead the company's complete finance and accounting function, including accounts payable, accounts receivable, billing, collections, general ledger, and cash flow management.

• Provide executive leadership across insurance accounting, financial reporting, financial planning and analysis, budgeting, forecasting, and expense management.

• Maintain a strong financial control environment designed to protect and strengthen the company's financial position.

• Translate complex financial data and financial analysis into clear, actionable business recommendations.

• Serve as a strategic financial advisor to the Senior Leadership Team and other key stakeholders.

Insurance Financial Reporting & Compliance

• Oversee financial reporting and ensure compliance with statutory accounting, GAAP, regulatory requirements, and property & casualty insurance requirements.

• Maintain strong internal controls and financial reporting disciplines.

• Ensure accurate and timely financial information is available to executive leadership for decision-making.

• Partner with leadership on financial and operational risk identification, assessment, and mitigation.

Budgeting, Forecasting & Financial Planning

• Own the annual budgeting and forecasting process.

• Lead capital allocation and monitor financial performance against the operating plan and budget.

• Identify opportunities for cost optimization, expense management, and operational efficiency.

• Provide senior leadership with financial analysis and recommendations supporting strategic planning and long-term financial strength.

Reinsurance & Enterprise Risk Management

• Partner with senior leadership to evaluate and manage the financial impact of reinsurance transactions and related strategic decisions.

• Lead the company's enterprise risk management strategy with a focus on identifying, assessing, and mitigating material financial and operational exposures.

• Evaluate the financial implications of significant business decisions and transactions.

Finance Transformation & Technology

• Drive continuous improvement across the finance and accounting organization.

• Identify opportunities to improve finance processes, accounting processes, reporting, controls, and operational efficiency.

• Advance the use of automation, RPA, BPO, artificial intelligence (AI), and other financial technologies where they can improve efficiency, accuracy, and control.

• Leverage financial systems and technology to modernize the finance function and improve decision support.

Leadership & Talent Development

• Build, lead, develop, and retain a high-performing finance and accounting team.

• Establish a culture of accountability, ownership, trust, innovation, and continuous improvement.

• Develop finance professionals and strengthen the organization's overall financial leadership capabilities.

What We're Looking For

The ideal candidate may currently be a:

Insurance Controller | Corporate Controller | VP Accounting | Vice President of Accounting | VP Finance | Vice President of Finance | Chief Accounting Officer | Assistant Controller | Director of Accounting | Insurance Finance Executive | Senior Finance Executive

We are particularly interested in professionals who have progressed through increasingly senior insurance accounting and finance leadership roles and are ready to assume broader enterprise-level responsibility.

Required Experience & Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline.

• 10+ years of progressive finance leadership experience, preferably within the property and casualty insurance industry.

• Significant experience leading insurance accounting, financial reporting, budgeting, forecasting, FP&A, cash flow, billing, collections, and expense management.

• Strong knowledge of statutory accounting and GAAP financial reporting within the insurance industry.

• Strong understanding of insurance regulatory compliance and internal financial controls.

• Demonstrated success improving finance and accounting processes and implementing automation, RPA, BPO, AI, or similar technologies.

• Experience leading annual budgeting, capital allocation, financial performance management, forecasting, and cost optimization.

• Strong analytical and strategic judgment with the ability to translate complex financial and business issues into practical recommendations.

• Working knowledge of enterprise risk management and financial/operational risk mitigation.

• Experience with reinsurance transactions and assessing their financial impact is preferred.

• Proven ability to recruit, develop, motivate, and retain high-performing finance and accounting professionals.

• Excellent executive-level communication and presentation skills.

• Ability to communicate financial performance and complex financial issues clearly to senior executives, CFO leadership, and board-level stakeholders.

• Advanced Excel skills and experience with enterprise financial systems; Oracle and PeopleSoft experience is preferred.

• MBA and/or CPA is desirable.

Why This Opportunity Will Appeal to an Insurance Accounting Leader

This is more than a traditional CFO accounting position.

For an experienced insurance Controller or VP of Accounting, this role provides an opportunity to expand from core accounting and financial reporting into enterprise finance leadership, strategic planning, capital allocation, enterprise risk management, reinsurance, technology transformation, and executive decision-making.

The successful candidate will have the opportunity to influence the company's operating strategy while leading the finance organization and serving as a trusted advisor to the Senior Leadership Team.

If you have built your career in P&C insurance accounting, statutory reporting, financial reporting, controllership, or insurance finance, and you are ready for a broader executive leadership opportunity, we would welcome a confidential conversation.

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