Chief Financial Officer

Our client is a Bermuda – domiciled insurance group that provides insurance on behalf of a world –class, global professional services group.

Due to continued business growth, the company is looking to hire a Chief Financial Officer, who will report to the Chief Executive Officer, with responsibility for leading all finance and investment functions within the group.  Operating in a complex and fast moving environment, the key responsibilities will include to:

• Develop, direct and monitor the group’s finance function operations, promoting continuous improvement in operations;
• Serve as a strategic partner by providing financial input, analysis, advice and leadership in the development of the group’s strategic plans;
• Oversee the investment portfolio and support the development of investment strategy, in order to achieve required risk -adjusted return, diversification and financial flexibility;
• Manage the financing and capital requirements of the group;
• Develop reliable quarterly and annual budgeting processes, as well as intermediate and long-terms forecasting models;
• Oversee the Loss Reserving process, including chairing the Management Reserving Committee;
• Oversee the preparation of GAAP financial statements and statutory financial returns; and design and coordinate the annual report;
• Implement and develop internal controls around the financial reporting and investment management processes;
• Oversee, develop, direct, motivate and drive performance of finance professionals
• Oversee the Group’s tax risks and tax reporting compliance.

This exciting leadership opportunity could be suited to senior financial professionals from the re/insurance, financial services or professional services sectors, although outstanding candidates from other industries will also be considered.   Key selection criteria will include:

• CA, CPA or equivalent professional accounting qualification, likely to have between 15 – 25 years’ post qualification experience, with appropriate insurance and financial leadership experience;
• A strategic thinker, with sound technical skills in IFRS, regulatory reporting, analytical ability and a strong operational focus;
• Experience overseeing a large investment portfolio, with a deep understanding of investment classes and associated risk;
• Knowledge of Solvency 11 and Bermuda regulatory requirements strongly preferred;
• Experience monitoring group tax risk and tax reporting compliance, would be beneficial;
• Ability to deliver clear and persuasive presentations to the Board and investors
• Excellent communications skills, able to interact effectively at all levels throughout the group.

Please forward a detailed resume in confidence to:

PricewaterhouseCoopers Executive Search

Email: bm_execsearch@pwc.com

Tel: 441-295-2000

For further information on this job contact us at bm_execsearch@pwc.com