PRI Technology · 2 months ago
Director – Insurance Finance
Jersey City, NJ
Full-time
Hybrid
Director/Executive
7+ years expPRI Technology is seeking a Director of Insurance Finance, a multi-disciplinary financial position responsible for leadership and accountability in financial reporting, compliance, and cash management. The role involves interaction with internal and external audits, regulatory agencies, and managing financial operations including budgeting and forecasting.
Information Technology & Services
Responsibilities
Responsible and accountable for the daily financial operations including accurate and timely monthly, quarterly and annual financial analysis and reporting
Preparation for and compliance with periodic internal audits of accounting processes and controls and annual external financial statement audits and shareholder financial statements
Regular communications with business managers, risk management, Finance and Tax group on financial issues and regulatory/statutory issues
Responsible and accountable for financial reporting at Board meetings including preparation and analysis of results, dividends calculations and preparation of related Board materials
Approve payments (cheques and wires and investments) and review account reconciliations and group head sign off on PEGA
Accountable as contact for communication, including formal face-to-face meetings with AM Best and Standard & Poor's in their annual reviews and preparation of capital models and information returns
Manages operating cash flows and financial operations
Working within Insurance and Financial Group guidelines, develops and maintains a strong reinsurance finance infrastructure providing efficient and effective accounting processes policies and controls
Responsible for the timely and accurate financial analysis including budgeting and forecasting
Detailed monitoring and analysis of actual results including issue resolution and communication of results and operating issues
Qualification
Required
Bachelor's Degree or equivalent in Business/Finance/Accounting
Recognised Professional Accounting Designation (CPA, CA) or equivalent
7-10 years' work experience in financial reporting, planning and forecasting
Extensive reinsurance industry knowledge and experience, preferably at the international level
Strong understanding of insurance products and knowledge of IFRS including IFRS17
Superior written and verbal communication skills and related experience essential to work effectively internally at all levels across a large and diverse organization and externally with influential rating agencies and regulatory and tax authorities
Company
PRI Technology
IT Staffing Solutions - Experience the Difference Working With Professionals That Understand Your Information Technology Needs and the Importance of Managing Your Costs! PRI Technology, a division of Perennial Resources International, is a full service Information Technology staff augmentation and executive search firm comprised of high performing industry professionals focused on your success.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Joseph Kelly
Chief Financial Officer
Company data provided by crunchbase