Strong knowledge of insurance finance, reinsurance, MGA/program business, collateral management, and financial reporting.
Extensive experience evaluating program economics, profitability, budgeting, forecasting, financial modeling, and business case analysis.
Strong understanding of reinsurance structures, recoverables, collateral arrangements, letters of credit, trust agreements, and ceded balances.
Experience analyzing financial statements, capital adequacy, liquidity, credit quality, and counterparty financial strength.
Advanced analytical, problem-solving, and financial modeling skills, including the ability to translate complex financial information into executive-level recommendations.
Experience preparing executive summaries, governance materials, and committee reporting.
Ability to influence senior stakeholders and challenge assumptions constructively.
Demonstrated leadership experience managing finance professionals and cross-functional initiatives.
Strong organizational, documentation, and project management skills.
At least 10 years of progressive experience in insurance finance, reinsurance, FP&A, treasury, collateral management, program business, or financial analysis.
Demonstrated experience with budgeting, forecasting, profitability analysis, executive reporting, and financial governance.
Experience reviewing reinsurance agreements, collateral structures, financial controls, and insurance program performance.
Ability to work in the office up to two days per week.
Responsibilities
Lead the Finance workstream supporting evaluation and onboarding of new and renewed MGA/program business opportunities.
Review program economics, including premium projections, commissions, fees, taxes, reinsurance structures, expenses, collateral requirements, profitability, and financial assumptions.
Perform financial due diligence by assessing profitability, capital utilization, liquidity, cash flow, collateral exposure, and downside scenarios.
Partner with Underwriting, Reinsurance, Treasury, Accounting, Program Management, Legal, Risk, FP&A, and Claims to ensure financial readiness before program launch.
Oversee collateral governance, including letters of credit, trust accounts, funds withheld arrangements, recoverables, and collateral sufficiency.
Monitor reinsurer financial strength, counterparty credit risk, recoverability, and collateral adequacy while identifying emerging financial risks.
Prepare and review Schedule F reporting, quarterly reinsurance reporting, collateral reporting, cash flow forecasts, and executive management presentations.
Develop executive reporting, dashboards, profitability analysis, and governance materials for senior leadership, Risk Committees, Reinsurance Committees, and Board reporting.
Evaluate financial performance, forecast accuracy, program profitability, and emerging trends, and recommend improvements and corrective actions.
Maintain governance frameworks, documentation standards, financial controls, and finance review processes supporting program oversight.
Supervise and develop the Senior Reinsurance Accountant responsible for quarterly reinsurance reporting, collateral reporting, and forecasting activities.
Provide strategic financial guidance and independent recommendations to senior leadership regarding program readiness, collateral exposure, profitability, and financial risk.
Drive continuous improvement of financial reporting, collateral monitoring, forecasting processes, and governance practices.
Maintain compliance with applicable U.S. or international statutory and regulatory obligations, including prudent business management, customer interests, sanctions and financial crime rules, regulatory requirements, local licensing restrictions, whistleblowing procedures, and applicable Consumer Duty principles.
Promote and provide guidance to direct reports regarding the Group’s whistleblowing policies and procedures.
Desired Qualifications
Experience supporting MGA or delegated authority business.
Experience presenting financial recommendations to executive leadership, committees, auditors, regulators, and external stakeholders.
Experience managing hybrid or remote teams.
The Finance Director is a senior finance leader responsible for providing financial oversight across Accredited's MGA program business and reinsurance portfolio. This role leads the finance review of new and existing programs to ensure they are financially sound, appropriately collateralized, accurately forecasted, and aligned with the Company's risk appetite and strategic objectives.
Working closely with Finance, Treasury, Underwriting, Reinsurance, Program Management, Risk, Legal, Accounting, Claims, and senior leadership, the Finance Director evaluates program economics, financial assumptions, collateral sufficiency, profitability, and emerging financial risks while providing independent recommendations to executive management. The role also oversees the preparation and governance of quarterly reinsurance reporting, collateral monitoring, and financial forecasting.
Lead the Finance workstream supporting the evaluation and onboarding of new and renewed MGA/program business opportunities.
Review program economics, including premium projections, commissions, fees, taxes, reinsurance structures, expenses, collateral requirements, profitability, and financial assumptions.
Perform financial due diligence by assessing profitability, capital utilization, liquidity, cash flow, collateral exposure, and downside scenarios.
Partner with Underwriting, Reinsurance, Treasury, Accounting, Program Management, Legal, Risk, FP&A, and Claims to ensure financial readiness prior to program launch.
Oversee collateral governance, including letters of credit, trust accounts, funds withheld arrangements, recoverables, and collateral sufficiency.
Monitor reinsurer financial strength, counterparty credit risk, recoverability, and collateral adequacy while identifying emerging financial risks.
Prepare and review Schedule F reporting, quarterly reinsurance reporting, collateral reporting, cash flow forecasts, and executive management presentations.
Develop executive reporting, dashboards, profitability analysis, and governance materials supporting senior leadership, Risk Committees, Reinsurance Committees, and Board reporting.
Evaluate financial performance, forecast accuracy, program profitability, and emerging trends while recommending improvements and corrective actions.
Maintain governance frameworks, documentation standards, financial controls, and finance review processes supporting program oversight.
Supervise and develop the Senior Reinsurance Accountant responsible for quarterly reinsurance reporting, collateral reporting, and forecasting activities.
Provide strategic financial guidance and independent recommendations to senior leadership regarding program readiness, collateral exposure, profitability, and financial risk.
Drive continuous improvement of financial reporting, collateral monitoring, forecasting processes, and governance practices.
To maintain compliance with any applicable US, or International statutory or regulatory obligation as required by the role. This includes but not limited to obligations arising from:
The prudent management of the business.
Placing due regard on the interests of customers.
Observing rules on Sanctions and financial crime.
Regulatory requirements and local licensing restrictions.
Promoting and follow the Group’s whistleblowing procedures
Promote and provide guidance to reports in relation to the Group’s Whistleblowing policies and procedures.
Where applicable, following the Company’s Consumer Duty principles to deliver good outcomes for retail customers.
Skills
Strong knowledge of insurance finance, reinsurance, MGA/program business, collateral management, and financial reporting.
Extensive experience evaluating program economics, profitability, budgeting, forecasting, financial modeling, and business case analysis.
Strong understanding of reinsurance structures, recoverables, collateral arrangements, letters of credit, trust agreements, and ceded balances.
Experience analyzing financial statements, capital adequacy, liquidity, credit quality, and counterparty financial strength.
Advanced analytical, problem-solving, and financial modeling skills with the ability to translate complex financial information into executive-level recommendations.
Strong communication and presentation skills with experience preparing executive summaries, governance materials, and committee reporting.
Ability to influence senior stakeholders and challenge assumptions constructively.
Demonstrated leadership experience managing finance professionals and cross-functional initiatives.
High attention to detail with strong organizational, documentation, and project management skills.
Experience managing hybrid or remote teams preferred.
Ability to work in office up to two (2) days per week.
Experience & Education
10+ years of progressive experience in insurance finance, reinsurance, FP&A, treasury, collateral management, program business, or financial analysis.
Experience supporting MGA or delegated authority business strongly preferred.
Demonstrated experience with budgeting, forecasting, profitability analysis, executive reporting, and financial governance.
Experience reviewing reinsurance agreements, collateral structures, financial controls, and insurance program performance.
Experience presenting financial recommendations to executive leadership, committees, auditors, regulators, and external stakeholders preferred.
The applicable base salary range for this role is $140,000 to $175,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings, as well as employee assistance programs.
Accredited is an Equal Opportunity Employer committed to fostering an inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, genetic.