Chief Financial Officer (Life Insurance / Reinsurance)
Oliver James is partnering with a leading Asset Manager poised to enter the life (re)insurance industry. In this exciting opportunity, you will serve as a life insurance subject matter expert, assuming the role of Chief Financial Officer (CFO) with oversight of accounting, general ledger, and financial reporting. You will collaborate closely with the Asset Management Partnership team to drive the organization's strategic financial goals.
This role is based in Manhattan, NYC, and requires an in-office presence.
Compensation:
* Base salary: $180,000-$250,000
* Annual performance bonus
Key Highlights:
* Prior CFO experience is not required; however, experience in the life/annuity insurance industry is essential.
Key Responsibilities:
Financial Reporting and Accounting:
* Manage all accounting and reporting functions, including Statutory filings and GAAP financial statements.
* Prepare and present quarterly and annual Board and Audit Committee materials.
* Draft technical memorandums on complex transactions under both Statutory and GAAP accounting.
* Oversee monthly journal entries and ledger reporting.
* Handle investment accounting for US STAT and US GAAP frameworks.
Controls and Budgeting:
* Continuously strengthen and monitor the control environment, ensuring appropriate control design, effectiveness, and documentation.
* Lead the preparation of general budgets and forecasts.
Strategic Oversight and Communication:
* Coordinate and present financial results to the Board of Directors.
* Oversee finance functions supporting the growth of the U.S. insurance division.
Ideal Candidate Profile:
* Education: Bachelor's degree in finance or a related field; CPA, MBA, or CFA designation strongly preferred.
* Experience: Minimum of 15 years in finance within the life/annuity insurance market.
* Technical Knowledge: Strong understanding of US Stat, US GAAP, or IFRS insurance and reinsurance accounting principles.
* Skills:
* Exceptional written and oral communication, with the ability to engage a wide range of stakeholders, including executives.
* Strong project management and business partnering capabilities.
* Proven ability to collaborate and build relationships across teams and organizations.
How to Apply:
For more information or to be considered for this opportunity, please apply using the prompts provided or contact Chris Dodds at Oliver James.
