Brotherhood Mutual Insurance Company · 2 weeks ago
VP - Strategic Finance
Fort Wayne, IN
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expBrotherhood Mutual Insurance Company is seeking a Vice President of Strategic Finance to provide strategic leadership and work closely with the executive team to establish long-range goals and policies. The role involves managing investor relations, financial reporting, and overseeing the company's reinsurance program, while ensuring alignment with the corporate mission.
AppsInsuranceLegal
Responsibilities
Serve as a strategic advisor to the Chairman and President, Senior Vice President and Treasurer, Board of Directors and company leaders with respect to devising comprehensive strategies to attract and retain investors (surplus note holders and /or debt holders) ensuring accurate and timely communication of financial results, business updates, and market insights
Evaluate new and emerging trends, opportunities, threats and company alternatives and initiatives in regards to managing and growing the enterprise surplus. This includes focusing on long term trends and outlook, competitive intelligence, identifying strategic investor targets for recruiting new investors (funding/financing) while developing and providing new investment opportunities for organizations to invest in the enterprise
Exemplify the corporate mission and core competencies expected of an officer of Brotherhood Mutual
Connect with company agents, key accounts, and prospects to build relationships and to convey information about trends, company philosophy and product/service information to these constituents
Speak on behalf of the Senior Vice President and Treasurer when he is absent and assist the president with any projects that he desires to have strategic and operational expertise provided
Execute the corporate strategy of Invested Entities by working collaboratively with other Executive Team members and ensuring the strategy is communicated to all within the Brotherhood Mutual enterprise. Ensure strategic actions are completed at various levels to achieve desired results and that employees are aligned with the company’s mission and values. Serve as one of the Company’s allotted Director of the Invested Entities board
Assist the senior vice president and treasurer with company operational functions including but not limited to strategic planning, departmental and company budgets, and personnel succession planning
Participate on internal investment committee and investment committee of the Board of Directors, and as necessary, participate with the VP - Chief Investment Officer to provide oversight to the in-house fixed income portfolio, in-house managed equity portfolio, outside managed equity portfolios and in establishing desired goals of the investment portfolio
Responsible for financial reporting to the AM Best Company, the Kroll Bond Rating Association, reinsurers, investors (surplus note holders and/or debt holders) and regulators on a regular basis and approve reports prior to release to the public
Devise comprehensive strategies to manage appropriate levels of BCAR and RBC
Manage the reinsurance program for the Company. Including negotiation of placement and renewal of the reinsurance program, developing relationship with reinsurance partners, evaluating reinsurance treaty limits and coverages to effectively manage corporate insurance risk, and executing reinsurance agreements
In collaboration with the investment committee chairman, Senior Vice President and Treasurer and the VP-Chief Investment Officer establish the agendas for investment committee of the Board of Directors
Ensure that staffing is kept at appropriate levels and qualifications to meet the emerging and strategic needs of the organization, including the use of alternative staffing methods for augmentation where appropriate
Chair the Reinsurance Committee and a Member of the Pension, Operating, Planning, Audit, Investment and Donations Committees
Complete other projects as assigned
Qualification
Required
Advanced Knowledge of Insurance Accounting, Processing, Regulations, and Servicing principles and practices
Must have experience with computer systems, budget preparation and business planning
Must have effective communication skills and a team management approach
Must have high ethical standards in all dealings with all constituents
Must possess broad knowledge of the Brotherhood Mutual enterprise
Must have experience with treasury management including attracting and retaining outside investors
Must have experience with retirement providers such as 403 (b) or 401 (k) organizations
Effectively interface with Brotherhood board of directors, employees, managers, and department staff members
Must be able to make independent decisions
Must be able to develop creative solutions to problems and be comfortable working in a fluid environment
Must have the ability to effectively present information to small and large groups of people in both formal and informal settings
Effectively interface with external contacts, including agents, policyholders, insurance and reinsurance brokers, regulators, rating agencies, commercial bankers, outside investment managers and consultants, investors, and other vendors
Must have a bachelor's degree in accounting and the Certified Public Accountant (CPA) designation
Must have ten years insurance accounting experience and management experience
Must have five years of management experience
Preferred
Master's in business administration is desired
Chartered Property and Casualty Underwriter (CPCU) designation and/or associate in insurance accounting and finance (AIAF) designation is desired
Company
Brotherhood Mutual Insurance Company
Brotherhood Mutual Insurance Company offers multiple commercial insurance programs, legal assistance and property protection technology.
501-1000 employees
H1B Sponsorship
Brotherhood Mutual Insurance Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (4)
2023 (2)
2022 (2)
2020 (1)
Funding
Current Stage
Late StageLeadership Team
Mark Robison
President and CEO
Recent News
2024-04-14
2023-08-04
Company data provided by crunchbase