Career Advancement Opportunity: Deputy Chief Financial Officer
Insight Catastrophe Group (ICG) is seeking a team-oriented, highly-motivated Deputy CFO to join its management team. The Deputy CFO will help lead the company’s continued, rapid growth from $200 million to over $1 billion in premium revenue over the next decade. This is a rare, high-growth opportunity in P&C insurance.
This new role has been designed for a candidate who thrives in a fast-paced environment with a collaborative style and a positive attitude. The Deputy CFO will be a leader within the company, working directly with the company’s C-suite and reporting to the Chief Financial Officer. The successful candidate will have the opportunity to take over as CFO in the years to come.
The role provides a unique opportunity to be an integral part of a growing company. Over the last several years, ICG’s revenue has grown more than 30% per year and is expected continue its rapid ascent. To support this level of success, ICG has expanded its senior management team and more broadly expects to hire 70-80 new team members during 2018. The Deputy CFO will lead the development of all finance operations to better support the company’s ambitious expansion activities.
Oversee the production of timely and accurate budgets, in coordination with department, subsidiary and executive personnel
Prepare and distribute regular budget performance and forecasting reports
Ensure timely and successful completion of financial statements, external audits and all required federal and state tax filings
Oversee and enhance accounting systems, tools and controls to ensure the integrity of all financial reporting while safeguarding the financial assets of the organization
Enhance financial analysis, systems and tools to assess the performance of Company business units and overall operations
Ensure the accuracy and timeliness of all member distributions in accordance with agreements
Banking and Cash Flow Management
Manage and streamline all banking relationships to ensure the optimal use of services, costs and return on invested assets
Enhance cash flow management, reporting and strategy to ensure the liquidity needs of all operations are met while maximizing returns within the Company’s risk tolerance
Ensure proper controls are in place for all banking transactions and the movement of funds
Ensure accurate and timely Program Reporting both internally and to external providers
Manage Carrier banking reconciliation processes
Strengthen program reporting relationships with Carriers and sales distribution channels
Monitor compliance with all obligations, requirements and covenants of the organization as they relate to financial reporting and activities
Ensure timely and accurate compliance with legal, local, state and federal reporting requirements
Provide all required information to external auditors
Ensure established financial controls and procedures are improved to keep pace with the changing business environment
Management and Leadership
Oversee the operations, systems and processes of the Finance and Program Reporting departments
Communicate operating plans, financial results and finance strategy to Management Committees and Board
Effectively recruit, coach, develop and evaluate teams
Ability to make effective, strategic recommendations regarding complex resource allocation decisions
Established banking relationships, achieving optimal cost/benefit account structures
Knowledge of relevant compliance requirements and regulations
Thorough understanding of GAAP principles, corporate financial planning, reporting and analysis
Direct dealings with outside attorneys and CPAs regarding complex financial matters
Ability to assess workload and plan accordingly to meet competing deadlines
Demonstrated evidence of setting ambitious goals and leading a team to achieve them
Thorough understanding of P&C insurance concepts is strongly preferred
Education, Experience and Professional Accreditations
Significant experience in leadership role(s)
A bachelor’s or advanced degree in accounting or finance
Minimum of 5 years responsibility for preparation of GAAP financial statements
Experience in accounting for a P&C Insurance Company and/or MGU Company is a plus
Additional Salary Information: competitive salary, great benefits package
Insight Catastrophe Group (ICG) is an innovative insurance portfolio manager and solutions provider. Through our subsidiaries, SageSure Insurance Managers and Insight Catastrophe Managers, we provide insurance products and software solutions that pioneer ways people protect their American Dream.
SageSure Insurance Managers is the largest independent residential property managing general underwr...iter in the United States. We are committed to providing property insurance solutions in America's most challenging markets. We offer 33 products in 12 states, serving more than 134,000 policyholders while managing more than $200 million in written premium. For more information on SageSure, visit www.sagesure.com.
Insight Catastrophe Managers offers Program Administration and Decision Support Services that provide analytics, insights and technology for insurance carriers across the country. We set the standard for property risk management by providing our clients with a complete suite of tools for real-time profitability analysis of catastrophe-exposed property risks. Our Decision Support Services have been used to analyze the profitability of millions of catastrophe-exposed properties.
Since our founding in 2005, ICG has grown significantly to a team of more than 200 energetic problem solvers working together to create and deliver innovative solutions in the property insurance industry. We have career opportunities for professionals who are optimistic, driven and dependable. Our offices are located in Jersey City, NJ; Mount Laurel, NJ; Tallahassee, FL; Houston, TX; Cheshire, CT and Cincinnati, OH. For more information, visit www.icg360.com.