Divisional Finance Officer

Everest Group Ltd. (Everest) is a leading global reinsurance and insurance provider operating for nearly 50 years through subsidiaries in North America Latin America the UK & Ireland Continental Europe and Asia Pacific regions. Throughout our history Everest has maintained its discipline and focuses on creating longterm value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities a strong balance sheet and an innovative culture. Our most critical asset is our talent.

We are seeking a Divisional Financial Officer for our U.S. Insurance Business in our Warren location. This position will be responsible for overseeing the financial operations and strategy of the US Insurance business. This role involves managing financial planning and analysis budgeting forecasting reporting and expense management to ensure the financial health and growth of the division. This role will work closely with our P&L leadership to drive business performance and support strategic initiatives.

Critical factors for success include delivering results while maintaining a detailed focus on individual tasks ability to take ownership and meet deadlines effectively building relationships and influencing others identifying issues and sound recommendations for remediation exhibiting a genuine willingness and desire to continuously build on insurance and product knowledge development of team members and the ability to thrive in fast paced environment.

We operate in a dynamic startup environment and are looking for someone who likes to take initiative can effectively manage through ambiguity and thrives in a fastpaced agile setting.

Responsibilities include but are not limited to:

Planning and Forecasting

• Responsible for partnering with business leaders in sales underwriting product and actuarial to complete strategic and annual plan projections to understand the P&L related items.
• Work closely with field and regional teams to create production plans at a geographical and line of business level. Plans need to include detailed assumptions supporting new and renewal business including expected strategic initiatives that are in development or underway.
• Coordinate with actuarial to ensure that information is received and reviewed prior to submission to Group.

• Develop P&L forecasts per quarter projecting current and future quarter results based on market knowledge received from business leaders.
• Develop commentary explaining the business drivers causing the forecast variances to plan and prior year.

P&L Ownership and Financial Analysis

• Ownership of the divisional financial results. Developing detailed financial reviews and analysis of each line item of the P&L
• Ensure the accuracy completeness of North American Financials. Work with Insurance and Group finance if issues are discovered to make sure corrective journal entries are made.
• Creating reports providing key metrics that help users understand the financial results.
• Understand variances in financial results from forecast plan and prior year.
• Develop reports and commentary that help measure progress on financial and operational key performance indicators.
• Develop and copresent a presentation that provides the financial and divisional highlights during the quarter.

Strategic Planning and business support

• Responsible for partnering with business leaders in sales underwriting product and actuarial to complete strategic and annual plan projections to understand the P&L related items.
• Work closely with field and regional teams to create production plans at a geographical and line of business level. Plans need to include detailed assumptions supporting new and renewal business including expected strategic initiatives that are in development or underway.
• Coordinate with actuarial to ensure that information is received and reviewed prior to submission to Group.
• Develop PowerPoint presentation detailing the business and financial achievements expected during the plan.

Expense Management

• Work with business leaders to manage expenses and maintain expense ratio.
• Closely monitor expense dollars that allows spending to turn into future growth.
• Build detailed expense plans from business leaders that detail out how dollars are being spent.
• Work with Everest IT and IT Finance to understand how IT capital and operating expense dollars are being utilized.
• Develop CBAs and ROI on specific investment dollars that are being requested.

• Manage headcount budget at department level and support department leaders with regular reporting.

Data and Systems

• Involvement in system changes or new system builds to ensure that all finance and accounting needs are being properly handled.
• Set strategy with corporate finance on delivering changes that are needed to
  improve efficiency leveraging the corporate planning software (Anaplan).

People Leadership

• Lead and mentor a team fostering a culture of high performance and continuous improvement.

Work Experience and Qualifications

• Fouryear degree in Business with an Accounting/Finance major (preferred)
• 10 years of accounting and finance experience.
• Insurance accounting/financial knowledge understanding (preferred)
• Experience with Property and Casualty reinsurance
• Must demonstrate an orientation to results
• Ability to work effectively and independently with other disciplines and all levels of management/staff throughout the organization
• Expert knowledge of Excel
• Good communication skills both oral and written.
• Strong analytical skills
• CPA Preferred

Everest is committed to recruiting and retaining the most talented individuals in the industry. We offer a competitive compensation and benefit package which includes a 401k plan retirement/savings option tuition reimbursement medical dental vision life and group legal plans professional development generous tuition/continuing education reimbursement programs mentoring opportunities a hybrid work schedule and Colleague Resource Groups.