Chief Financial Officer (CFO)

TheHiveCareers; Saint Thomas (Franklin County); On-site; USD 350,000 - 700,000; Full time

Job summary

TheHiveCareers seeks an accomplished Chief Financial Officer to lead financial strategy, governance, and regulatory reporting for a diversified insurance and investment organization.

As a key member of the executive team, you will drive capital management, investment oversight, ALM, treasury, risk management, and strategic corporate development while partnering with the CEO and Board to maximize enterprise value.

Qualifications

• 15+ years of progressive finance experience in regulated financial services.
• Proven executive leadership as CFO/Finance Director.
• Strong expertise in insurance finance, capital management, and M&A.
• Experience with regulatory reporting and governance.
• Strategic partner to CEO/Board.

Responsibilities

• Develop and oversee overall financial strategy and governance for the organization.
• Lead financial planning, budgeting, and performance management with KPI dashboards.
• Oversee insurance finance, reserves, cost controls, and underwriting profitability.
• Manage investment portfolio oversight, asset allocation, and risk-adjusted returns.
• Direct capital planning, solvency management, and balance-sheet optimization.
• Lead treasury, liquidity management, and banking relationships.
• Ensure regulatory reporting, statutory accounts, and audit relationships.
• Drive finance transformation, automation, and data analytics.

Job description

About The Role

We are seeking an accomplished and commercially strategic Chief Financial Officer (CFO) to lead the financial strategy, financial performance, capital management, investment finance, treasury, reporting, and financial governance of a diversified Insurance & Investment organization.

Position: Chief Financial Officer (CFO)

The CFO will serve as a key member of the executive leadership team and strategic advisor to the CEO/President and Board, providing leadership across financial planning, insurance accounting, capital and solvency management, investment portfolio performance, asset-liability management, treasury, risk, regulatory reporting, and corporate development.

The successful candidate will combine deep financial expertise with strong commercial and investment acumen and will be capable of operating in a highly regulated financial-services environment.

Key Responsibilities

1. Financial Strategy & Executive Leadership

   Develop and execute the organization's overall financial strategy.

   Advise the CEO, President, and Board on financial performance, capital allocation, investment strategy, and enterprise value creation.

   Translate corporate strategy into financial plans, budgets, forecasts, and measurable objectives.

   Lead financial decision-making across insurance, investment, and corporate operations.

   Establish strong financial governance and accountability across the organization.

2. Financial Planning, Budgeting & Performance

   Lead annual budgeting, forecasting, and long-term financial planning.

   Develop financial models and scenario analyses to support strategic decisions.

   Monitor revenue, profitability, expenses, capital efficiency, and operating performance.

   Establish financial KPIs and executive dashboards.

   Identify opportunities to improve profitability, efficiency, and shareholder returns.

3. Insurance Finance & Performance

   Oversee financial management of insurance operations, including premiums, claims, reserves, expenses, and underwriting performance.

   Monitor key insurance financial metrics including loss ratios, combined ratios, expense ratios, and underwriting profitability.

   Partner with actuarial, underwriting, claims, and risk teams to assess financial performance and emerging exposures.

   Ensure appropriate financial treatment and reporting of insurance liabilities and reserves.

   Support pricing, product profitability, reinsurance, and portfolio decisions from a financial perspective.

4. Investment Finance & Portfolio Management

   Provide financial oversight of the organization's investment portfolio and investment activities.

   Partner with the CIO/Chief Investment Officer and Investment Committee on portfolio strategy and performance.

   Monitor investment income, realized/unrealized gains, asset allocation, liquidity, and risk-adjusted returns.

   Evaluate investment opportunities and strategic asset-allocation decisions.

   Ensure investment activities are aligned with the organization's liabilities, liquidity requirements, risk appetite, and regulatory requirements.

5. Capital, Solvency & Balance Sheet Management

   Lead capital planning and balance-sheet optimization.

   Monitor solvency, capital adequacy, liquidity, leverage, and financial resilience.

   Develop strategies to optimize the organization's capital structure and return on capital.

   Assess the financial impact of major business, investment, and insurance decisions on capital requirements.

   Work closely with Risk and Actuarial functions on capital and solvency assessments.

6. Asset-Liability Management (ALM)

   Provide executive financial oversight of asset-liability management.

   Ensure investment portfolios are appropriately aligned with insurance liabilities and liquidity requirements.

   Monitor duration, interest-rate sensitivity, liquidity gaps, and market exposures.

   Support development of ALM strategies and balance-sheet optimization initiatives.

   Ensure appropriate financial stress testing and scenario analysis.

7. Treasury & Liquidity

   Oversee treasury, cash management, liquidity planning, and banking relationships.

   Maintain adequate liquidity to meet claims, operating obligations, investment commitments, and strategic requirements.

   Optimize cash deployment and short-term investment strategies.

   Monitor interest-rate, foreign-exchange, credit, and liquidity exposures.

   Establish robust treasury policies and controls.

8. Regulatory & Financial Reporting

   Ensure accurate, timely, and transparent financial reporting to the Board, shareholders, regulators, and other stakeholders.

   Oversee statutory accounts, management reporting, regulatory returns, and consolidated financial statements.

   Ensure compliance with applicable accounting standards and insurance regulations.

   Lead relationships with external auditors, regulators, actuarial advisers, tax advisers, and other professional stakeholders.

   Maintain strong financial controls and governance frameworks.

9. Risk Management & Financial Controls

   Establish effective financial risk-management frameworks.

   Monitor exposure to market, credit, liquidity, underwriting, operational, interest-rate, and foreign-exchange risks.

   Strengthen internal controls, financial policies, and governance processes.

   Work closely with the CRO, Chief Actuary, CIO, and other executives to manage enterprise-wide financial risks.

   Ensure appropriate stress testing and contingency planning.

10. Reinsurance & Capital Optimization

    Provide financial oversight of reinsurance strategy and economics.

    Evaluate the financial and capital implications of reinsurance arrangements.

    Monitor reinsurance recoverables, counterparty exposure, and profitability.

    Support optimization of risk transfer, capital efficiency, and balance-sheet resilience.

11. Corporate Development & Strategic Investments

    Lead financial evaluation of acquisitions, strategic investments, joint ventures, and business expansion opportunities.

    Oversee financial due diligence, valuation, transaction modeling, and investment cases.

    Assess potential M&A opportunities and their impact on capital, solvency, earnings, and shareholder value.

    Support negotiations with investors, financial institutions, and strategic partners.

12. Investor & Stakeholder Relations

    Develop strong relationships with shareholders, institutional investors, banks, rating agencies, regulators, and other financial stakeholders.

    Communicate financial performance, capital strategy, investment results, and business outlook to key stakeholders.

    Support investor presentations, Board materials, and strategic financial communications.

13. Finance Transformation & Technology

    Modernize finance systems, reporting infrastructure, ERP platforms, and financial analytics.

    Improve automation, data quality, forecasting, and management reporting.

    Establish real-time visibility into financial, insurance, investment, and risk performance.

    Drive continuous improvement within the finance function.

14. Leadership & Talent Development

    Lead Finance, FP&A, Treasury, Accounting, Financial Reporting, Tax, and related functions.

    Build a high-performing and commercially focused finance organization.

    Develop finance leadership talent and succession plans.

    Promote a culture of integrity, accountability, financial discipline, and business partnership.

Key Performance Indicators

• Revenue and earnings growth
• Operating and net profitability
• Return on equity (ROE)
• Return on capital
• Capital adequacy and solvency
• Investment portfolio performance
• Investment income and risk-adjusted returns
• Combined ratio / underwriting profitability
• Expense efficiency
• Liquidity and cash-flow management
• Balance-sheet optimization
• Budget and forecast accuracy
• Regulatory and financial reporting quality
• Cost of capital
• Financial risk management
• Shareholder value creation

Candidate Profile

Essential Experience

• 15+ years of progressive finance experience, including significant executive leadership.
• Previous experience as CFO, Group CFO, Finance Director, VP Finance, Deputy CFO, or equivalent.
• Significant experience within insurance, asset management, investment management, banking, pensions, financial services, or a related regulated financial institution.
• Strong understanding of insurance financial statements, investment portfolios, capital management, and regulatory requirements.
• Proven experience managing complex balance sheets, liquidity, capital, and financial performance.
• Strong experience working with Boards, regulators, auditors, investors, rating agencies, and senior executives.
• Demonstrated experience in financial strategy, investment analysis, and capital allocation.

Preferred Experience

• Experience as Group CFO within a diversified insurance or financial-services group.
• Experience across both insurance and investment/asset-management businesses.
• Experience with life insurance, general insurance, health insurance, pensions, or reinsurance.
• Exposure to institutional investment portfolios and alternative investments.
• Experience with M&A, strategic investments, capital raising, restructuring, or corporate transformation.
• Experience operating across multiple jurisdictions or regulated markets.
• Experience interacting with insurance regulators and rating agencies.

Education & Professional Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Business Administration, or a related discipline.
• Professional qualification such as CA, ACCA, CPA, CMA, CFA, or equivalent strongly preferred.
• MBA or Master's degree in Finance/Business is an advantage.

Relevant Insurance, Actuarial, Investment, Or Risk-management Qualifications Are Advantageous.

Core Competencies

• Insurance Finance
• Corporate Finance
• Investment Finance
• Capital & Solvency Management
• Asset-Liability Management
• Treasury & Liquidity
• Financial Planning & Analysis
• Investment Analysis
• Financial Modeling
• Risk Management
• Regulatory Reporting
• Insurance Accounting
• M&A & Corporate Development
• Capital Allocation
• Investor Relations
• Corporate Governance
• Financial Transformation
• Leadership Characteristics

Leadership Characteristics

Strategic, commercially minded, and financially rigorous

Highly analytical and investment-oriented

Experienced in highly regulated environments

Strong in capital and balance-sheet management

Comfortable engaging with Boards, regulators, investors, and rating agencies

Able to balance growth, profitability, liquidity, capital, and risk

An effective strategic partner to the CEO, CIO, CRO, and Chief Actuary

Strong in complex financial decision-making

A transformational finance leader capable of building high-performing teams

Compensation

A competitive executive compensation package comprising base salary, performance-based incentives, executive benefits, and other benefits commensurate with experience and market benchmarks.