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Everest · 4 hours ago

Chief Financial Officer, Legacy

Warren, NJ

Full-time

Hybrid

Director/Executive

$265K/yr - $330K/yr

10+ years exp

Everest Global Services, Inc. is a global leader in risk management with over 50 years of heritage. They are seeking a Chief Financial Officer for their Legacy business to ensure accuracy and consistency in financial reporting while managing capital and driving strategic value creation.

FinanceFinancial ServicesInsurance

Responsibilities

Senior finance owner for the run-off P&L, ensuring accuracy, consistency, and discipline across all financial reporting in compliance with GAAP, regulatory requirements, and internal control standards

Own run-off specific financial reporting for the Board, senior leadership, and investors, with clear articulation of performance drivers, risks, and forward-looking implications

Build, maintain, and interpret financial models to support performance analysis, business trend assessment, and long-term planning for the run-off portfolio

Own the analysis, forecasting, and governance of premium receivables and reinsurance recoverables, including validation of outward reinsurance structures, monitoring collections, resolving disputes, assessing realization risk, and authorizing write offs where appropriate

Partner with Treasury to forecast and monitor capital requirements, capital release timing, and the economics of branch wind down and legal entity closures

Support modeling, structuring, and financial analysis for LPT and retrocession transactions, and monitor the ongoing economics of executed deals

Forecast, monitor, and control run-off expenses, including staffing models, outsourcing arrangements, and underwriting related costs, with clear variance analysis versus budget and prior periods and an expectation that expenses decline commensurate with the portfolio’s runoff profile

Coordinate closely with Claims and Reserving to analyze reserve movements, large loss activity, and key drivers of period over period volatility run-off

Qualification

Corporate FinanceAccountingFinancial ReportingU.S. GAAPCertified Public AccountantInsurance Industry ExperienceFinancial ModelingAnalytical SkillsRelationship ManagementProblem-Solving SkillsCommunication SkillsInterpersonal SkillsDetail OrientedTime ManagementCritical Thinking