What are the responsibilities and job description for the Vice President, Chief Financial Officer position at Berkley?
Company Details
Acadia Insurance is a regional property casualty insurer with offices throughout the Northeast. As a member of W.R. Berkley Corporation (NYSE: WRB), one of the largest property casualty insurance holding companies in the United States, our financial strength and integrity are two of the main reasons why Independent Agents place business with us. Acadia has been "Rated Best Places to Work" by Business Insurance. Acadia is rated A (Superior) by A.M. Best, with an A claim paying ability rating by Standard & Poor’s. The company is an equal opportunity employer.
At Acadia, we value our employees, our customers and our communities. Employees at Acadia are part of a progressive company where everyone can make a difference. We promote an inclusive environment which encourages continuous learning and the chance to grow and develop.
What you can expect:
- Culture of innovation, teamwork, supportive colleagues, and leaders willing to invest in talent
- Influence senior leaders on key business decisions
- Opportunity to impact change and operational excellence
- Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education
Responsibilities
As a member of Acadia Insurance Company’s senior and executive management team, the role provides strategic leadership necessary for the successful achievement of the company’s business objectives and its mission.
Responsibilities:
We'll count on you to:
- Create accurate and dependable financial reporting for the organization which adequately reflects the financial condition of the company.
- Maintain an internal control environment that promotes the efficient operation of an organization and that assets are used in a manner approved by management.
- Provide analytical review of monthly financial results.
- Have a highly analytic view of all company functions and a bias towards action.
- Plan and direct all aspects of Acadia's financial policies, objectives and initiatives.
- Work collaboratively with WRBC corporate and other WRBC affiliates to create and maintain evolving shared financial systems.
- Maintain a strong working knowledge of financial systems and data warehouse functionality.
- Maintain compliance with all regulatory statutes, laws and regulations, including but not limited to state regulation, SOX and other SEC reporting requirements.
- Collaborate on the long-range planning and forecasting of the company to maximize performance over time.
- Contribute to Acadia's success by developing departmental and individual staff goals; measuring results, rewarding achievements or taking corrective action, as necessary.
- Develop employees through coaching, training, providing ongoing and constructive feedback, and through regular performance and salary reviews.
- Retain staff by managing responsibly and creating a positive work environment.
- Keep abreast of industry developments, particularly those which impact his or her area(s) of responsibility.
- Understand Acadia's business and the factors that affect its success.
- Communicate regularly and effectively with staff, both as a team and individually.
- Ensure that the company's assets are used in a manner approved by management of the company.
- Responsible for the overall direction, coordination, and evaluation of Finance Department.
- Responsibilities may extend beyond Acadia in support of other shared services organizations.
Qualifications
What you need to have:
- Bachelors degree with emphasis in Accounting and/or Finance
- 15 years related experience and/or training or equivalent combination of education and experience
- Strong Project Management Skills
- Strategic planning experience
- Excellent problem-solving skills at both a strategic and functional level
- Led teams and achieved results through others
- Strong customer orientation with excellent interpersonal communication and presentation skills
- Experience working collaboratively with Underwriting, Operations, IT and Actuary to improve operational efficiency
What makes you stand out:
- Completion of or working toward CPA
- Ability to attract, coach and develop talent
- Organize and manage multiple priorities
- Regularly and consistently demonstrates commitment to company values and guiding principles
