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Title:Divisional Finance OfficerCompany:Everest Insurance CompanyJob Category:FinanceJob Description: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 long-term 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, start-up environment and are looking for someone who likes to take initiative, can effectively manage through ambiguity, and thrives in a fast-paced, 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 PowerPoint presentation detailing the business and financial achievements expected during the plan. * 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 co-present 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 CBA's and ROI on specific investment dollars that are being reqTo view the full job description, click here