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Shepherd

MGU for large-scale commercial risks

Head of Finance

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timeSan Francisco, CA, USA$275k - $400k /yr

About the Job

Requirements

  • At least 12 years of finance experience spanning financial planning and analysis, accounting, and strategic finance, including at least 4 years leading teams at a venture-backed or high-growth company.
  • Insurance finance experience at an MGA/MGU, carrier, reinsurer, or insurtech, including familiarity with commission and fee revenue, premium and claims flows, fiduciary accounts, bordereaux, and carrier and reinsurance reporting.
  • Familiarity with risk-bearing structures such as captives, sidecars, quota shares, and fronting arrangements, and their accounting, cash, collateral, and regulatory requirements.
  • Experience running annual planning, forecasting, and budget-versus-actuals reviews on integrated models across revenue, headcount, operating expenses, and cash.
  • Strong command of close, audit, tax, treasury, and internal controls, including managing outsourced accounting partners.
  • Experience leading or partnering closely with revenue operations, business operations, and analytics teams.
  • Executive presence with a board, investors, carriers, and reinsurers.
  • A bachelor's degree in finance, accounting, economics, or a related field.

Responsibilities

  • Own financial planning, accounting, controls, and reporting, as well as the operations teams that run the go-to-market engine.
  • Oversee the annual operating plan, long-range model, and monthly forecast and budget-versus-actuals reviews across revenue, headcount, operating expenses, and cash.
  • Develop and improve product-level contribution margin views so each new launch is evaluated on its economics.
  • Own reporting packages for the board, investors, carriers, and reinsurers, and support future fundraising.
  • Partner with the Chief Insurance Officer and Reinsurance and Capital Strategy leader on the finance aspects of new risk-bearing structures, including modeling, accounting treatment, capital and collateral needs, and reporting.
  • Build the entity, treasury, and cash infrastructure needed for risk-bearing structures, including premium trust and fiduciary accounts, collateral, intercompany flows, and regulatory filings.
  • Build scalable carrier payment tracking and bordereaux reconciliation across carrier partners.
  • Oversee close, audit, tax, and spend controls, and manage the outsourced accounting partner.
  • Lead Analytics, Revenue Operations, and Business Operations across submission attribution, broker tiering, quota setting and compensation, underwriter enablement, partnerships, and marketing infrastructure.
  • Connect plan, pipeline, and performance data in one operating cadence.
  • Hire, coach, and grow the finance and operations teams.

Desired Qualifications

  • Fundraising experience.
  • A Certified Public Accountant credential, Chartered Financial Analyst credential, or Master of Business Administration.

About the Company

Shepherd

MGU for large-scale commercial risks

Shepherd provides capacity-backed insurance for high-hazard commercial risks and pairs it with risk-management software and a curated app marketplace. Its products cover General Liability, Commercial Auto, and Workers’ Compensation, and underwriting decisions are made in hours, aided by data partnerships and AI-powered risk reduction. Clients receive automatic credits for using leading safety technologies, plus free risk-management software and tool integrations that help reduce costs, setting Shepherd apart from traditional MGUs with proactive risk management at scale. The goal is to deliver meaningful premium savings for proactive clients while streamlining the insurance process through rapid underwriting and a managed ecosystem of software and app partners.

Company size
51-200
Company stage
Series B
Total funding
$61.8M
Headquarters
San Francisco, CA
Founded
2020

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