VP Finance Strategy

Posted Yesterday
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Atlanta, GA
Senior level
Insurance
The Role
The VP Finance Strategy will develop and implement financial strategies that align with the company’s goals, analyze financial data and market trends, monitor financial performance, assess risks, and foster a culture of financial excellence through collaboration and presentations to senior management.
Summary Generated by Built In

Job Type:

Permanent

Build a brilliant future with Hiscox
 

Job Title: VP Finance Strategy

Location: Atlanta GA, West Hartford CT, or NYC

Team: Finance

What Is the Role:

The role will be responsible for developing and implementing financial strategies that align with the company’s overall goals and objectives. This involves analyzing financial data, market trends, and industry benchmarks to provide insights and recommendations for improving financial performance and profitability.

Specific Responsibilities Include:

  • Develop and implement financial strategies in alignment with the company's overall strategic goals.

  • Collaborate with cross-functional teams to ensure effective execution of financial plans and initiatives.

  • Monitor and analyze financial performance, identifying areas of improvement and recommending appropriate actions.

  • Assess and mitigate financial risks, developing strategies to optimize financial resources and maximize profitability.

  • Stay updated with industry trends and regulatory changes, providing proactive insights and recommendations to senior management. This includes, building out a Competitor Intelligence Process providing industry insights at the conclusion of each quarterly reporting cycle.

  • Foster a culture of financial excellence, promoting best practices and driving continuous improvement initiatives.

  • Identifying business improvement opportunities directly, or through others, to improve financial management and reporting

  • Support for the construction and delivery of: Quarterly Business Review Presentations, Quarterly Board Presentations, and Audit Committee Presentations. 

Skills/ Knowledge Required:

  • Have the ability to think critically to develop credible solutions to identified problems through rigorous analytical investigation

  • Have the ability to structure thoughts and ideas and effectively communicate these to senior stakeholders to obtain buy-in

  • Strong understanding of GAAP and Stat Finance including the components of the Income Statement and supporting Balance Sheet

  • Superior presentation, communication and interpersonal skills and ability to apply these to a variety of audiences including the ability to chair and facilitate meetings and workshops

  • Ability to be innovative, creative and problem solve issues to a successful conclusion.

  • Understanding of the issues impacting the Insurance Industry and Regulated Finance Functions and requirements relevant to regulatory responsibilities

What We Offer:

  • 401(k) with competitive company matching 

  • Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)

  • Company paid group term life, short- term disability and long-term disability coverage 

  • 24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days 

  • Paid parental leave

  • 4-week paid sabbatical after every 5 years of service 

  • Financial Adoption Assistance and Medical Travel Reimbursement Programs 

  • Annual reimbursement of up to $600 for health club membership or fees associated with any fitness program 

  • Company paid subscription to Headspace to support employees’ mental health and wellbeing 

  • 2023 Gold level recipient of Cigna’s Healthy Workforce Designation for having a best-in-class health and wellness program 

  • Dynamic, creative and values-driven culture 

  • Modern and open office spaces, complimentary drinks 

  • Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation 

Salary Range: 170k-190k

**Please note this position is hybrid and requires two (2) days in office weekly**

#LI-RM1


Work with amazing people and be part of a unique culture

Top Skills

Gaap
Stat Finance
The Company
Birmingham
2,470 Employees
On-site Workplace
Year Founded: 1901

What We Do

Hiscox is a leader in specialist insurance. We seek to provide the best protection and peace of mind for our clients through high quality insurance products, backed with excellent service. We are experts in covering a wide range of personal and commercial risks.

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