Westfield Insurance ยท 1 day ago
WSP Vice President, Finance
300 Connell Drive, Berkeley Heights, NJ, 07922, US
Full-time
Onsite
Mid Level
4+ years expWestfield Insurance is a long-established Ohio-based insurer that has recently launched Westfield Specialty, a start-up segment focused on specialty insurance products. The Vice President of Finance will oversee financial planning and analysis, partnering with product line leaders to achieve business goals through strategic financial support and reporting.
Insurance
Responsibilities
Partner with the SVP in the development of the annual three-year operating budget, working also with the business and functional leaders during this process
Assist with strategic planning
Update forecasts monthly based upon new developments, changes in assumptions, and business trends
Provide budget-to-actual variance analyses for monthly, quarterly, and annual reporting for the segment, as well as functional and cost center levels
Assist in creation and production of monthly operating reports to be used in monthly business reviews with segment President and leadership as well as quarterly business reviews with Westfield Corporate and segment leadership
Partner with functional/department leaders, through financial modeling and Pro-forma analyses, to support strategic decision making with day-to-day operations and new initiatives
Own and socialize finance calendar with business leadership teams and Westfield Corporate to ensure business operations are aligned with finance deliverables
Support business development activities with financial modeling for strategic partnerships, collaboration programs, and licensing activities
Assist with in-depth capital budgeting and investments analyses
Build, evolve, and publish regular KPI/metric reporting to track results and identify trends
Develop sustainable financial systems and processes to support the Specialty segment effectively and efficiently
Leverage Corporate resources as appropriate
Qualification
Required
Minimum of 4-5 years experience working in an FP&A capacity, preferably in the insurance industry
Strong, working knowledge of accounting principles and financial concepts
Ability to anticipate issues, ensure data integrity and accuracy of details while being capable of higher-level interpretation and explanation
Demonstrated history of financial modeling with business partner mindset
Mission-driven, enthusiastic to learn and grow; team-oriented with a positive attitude
Ability to work collaboratively and influence people at all levels of the organization and make actionable recommendations and follow through on execution
Demonstrated problem-solving techniques and analytical skills
Advanced Excel modeling skills
Proficiency with PowerPoint
Minimum of 4 years of actuarial/insurance experience required
Ability to work independently and take initiative. Ability to identify and resolve problems, think creatively, strategically, and analytically
Preferred
BA/BS in Business Administration, Finance, or Accounting with CPA and/or MBA, preferred
Prior experience in a startup with an understanding of how to scale business systems is a plus
ACAS or FCAS preferred. Will consider students taking exams
Company
Westfield Insurance
Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Joe Kohmann
Chief Financial Officer & Treasurer
Amy Larsh
Executive Assistant to the President, CEO & Board Chair
Company data provided by crunchbase