Amwins

Wholesale distributor of specialty insurance solutions

Divisional Finance Leader

Corporate Finance & FP&AConfirmed live in the last 24 hours

Full-timeCharlotte, NC, USAIn-person

About the Job

Responsibilities

Lead and manage the Accounting and Finance functions for the Division, support Division leaders, and drive profitable growth-oriented initiatives that help the business reach or exceed its goals.
Serve as the direct financial contact for the Division President and Company Leaders.
Perform financial analysis, develop compensation models, and prepare financial reporting.
Provide monthly financial reports with commentary to Business Leaders.
Oversee compensation structures, sales team profitability analytics, and bonus payouts.
Prepare monthly narratives addressing significant fluctuations from plan and prior year.
Communicate with Management and prepare analytics regarding upcoming missed plan targets.
Work with management to evaluate operations and recommend improvements.
Ensure completion and review of annual budgets and oversee the budget process.
Perform month-end revenue analytics and determine key reasons for variances from plan and prior year.
Assist with mergers and acquisitions due diligence.
Oversee the month-end close.
Complete compensation calculations.
Manage and track profit-sharing income contracts and opportunities.
Complete month-end analytics and reports.
Coordinate and review revenue-based analytics.
Send monthly financial reports to each Operating Company leader and manage incoming requests from Operating Company leaders and field producers.
Complete or coordinate information for quarterly business reviews with the executive team.
Provide indirect oversight of the Premium accounting group by attending meetings and reviewing processes, write-offs, and accounts receivable and accounts payable aging trends.
Work with Human Resources on compensation, team, and personnel matters where applicable.
Manage structural changes, such as office closures and mergers, and employee transfers.
Complete the budget process.
Approve Concur invoices above the specified threshold.
Review opening balance sheets and manage transitions for newly acquired companies.
Coordinate audit information requests.
Prepare the division-wide consolidated financial packet, including operating company breakouts.
Prepare division-wide financial analytics.
Complete reports for Amwins Board review.
Conduct deep dives into the Division's financial and operational needs.
Coordinate system needs for Division operations.
Act as a thought partner embedded in how the Division thinks about the business and the levers driving value.
Develop a deep understanding of revenue models and economic levers across the different businesses.
Monitor trend development and build and maintain management metrics at the division level.
Develop key metrics to normalize each business, including cost per policy, seasonality trends, personnel expense, return on investment for certain types of spending, pricing by line of business, profit contingency modeling, and retention.
Liaise closely with operations that have their own internal finance function.

Divisional Finance Leader

Lead and manage the Accounting and Finance functions for the Division. Support the Division’s leaders and play an active role in driving growth-oriented initiatives that are profitable and enable the business to reach/exceed its goals

Your Role with the Company:

Direct contact to Division President and Company Leaders regarding all financial matters
Responsible for financial analysis, compensation models and financial reporting
Provide monthly Financial Reports, with commentary, to the Business Leaders
Oversee compensation structures, sales team profitability analytics and bonus pay outs
Prepare narrative on monthly basis addressing significant fluctuations from plan and prior year
Communicate with Management and prepare analytics regarding upcoming plan missed targets
Work with management to evaluate operations and make recommendations for improvements
Ensure completion and review of annual budgets; oversee budget process
Perform month-end revenue analytics and determine key reasons for variances from plan and prior year
Assist with M&A due diligence

Detailed Responsibilities

Oversight of month-end close
Completion of compensation calculations
Manage and track all profit-sharing income contracts and opportunities
Completion of month-end analytics and reports
Responsible for coordination and review of revenue-based analytics
Send financial reports to each Operating Company leader monthly and manage incoming requests from Operating Company leaders and producers in the field
Complete/Coordinate information for quarterly business reviews with executive team
Indirect oversight of Premium accounting group through attendance at meetings, review of processes, review of write offs and review of AR and AP age trends
Work with HR on all compensation, team, personnel and team matters (where applicable)
Manage structural changes (i.e. offices closing, merging etc.…) and employee transfers ‘
Completion of budget process
Approve Concur invoices over certain threshold
Opening Balance Sheet reviews and transition management for any newly acquired companies
Coordinate all audit information requests
Preparation of division-wide consolidated financial packet, with operating company break-out
Preparation of division-wide financial analytics
Complete reports for Amwins Board review
Deep dives into financial and operational needs of Division operations
Coordination of system needs for Division operations
Thought partner embedded in how the division thinks about the business and what levers are driving value
Learn and develop deep understanding of revenue models and the economic levers across the different businesses
At the division level, monitor trend development and build and maintain metrics for management
Develop key metrics to normalize each business (cost per policy, seasonality trends, personnel expense, ROI for certain types of spend, pricing by line of business, profit contingency modeling, retention, etc….)
Liaison closely with operations that have their own internal finance function

The Amwins Advantage: Benefits & Perks Available to Full-Time US Based Employees

Medical, Dental, Vision available your first day of employment

Choice of medical plans through Blue Cross Blue Shield; Kaiser available for CA employees

Mental health support including:

Virtual therapy
Digital coaching
24/7 EAP counseling

Company-paid Basic Life & AD&D Insurance, Short-Term Disability, and Employee Assistance Program
Health Savings Account with company contributions
Health Care FSA, Dependent Care FSA, and Commuter Benefits
Parental Leave and Adoption Assistance
Voluntary coverage options:

Life Insurance
Critical Illness
Accident
Identity Theft Protection

Retiree medical benefits available for Medicare-eligible retirees
401(k) with company match
Generous Paid Time Off and Company Holiday Schedule
Collaborative, continuing education focused work environment
Career advancement opportunities

About the Company

Amwins

Wholesale distributor of specialty insurance solutions

What Amwins does: Amwins is the largest wholesale distributor of specialty insurance products and services in the United States. It works across property, casualty, group benefits, and reinsurance, serving insurance brokers, agents, and carriers with tailored solutions. How its product works: Amwins provides access to specialized insurance products and adds services such as product development, underwriting, premium and claims administration, and actuarial support, generating revenue by distributing these products and through the related services. How it is different from competitors: It stands out by its size and breadth in the wholesale specialty market, offering a wide range of product lines along with comprehensive administrative and actuarial services to a network of brokers and carriers. What its goal is: to help its clients meet their insurance needs with customized solutions and to maintain leadership in the wholesale specialty market while growing its market share.

Company size: 5,001-10,000
Company stage: Private
Total funding: $53.5M
Headquarters: Charlotte, NC
Founded: 2001

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