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Director of Finance - Global Claims

Everest National Insurance Company
Warren, NJ Full Time
POSTED ON 12/18/2024
AVAILABLE BEFORE 2/17/2025
Title: Director of Finance - Global Claims Company: Everest Insurance Company Job Category: Finance Job Description: About Everest: It’s an exciting time for Everest Group, Ltd. (‘Everest’ or ‘the Group’)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets. Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including: • Generous tuition/continuing education reimbursement • Mentoring opportunities • Flexible work arrangements • Talent development initiatives • Networking groups Everest is a growth company offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers. Our financial strength is evident in Financial Agency Ratings of: A A. M. Best, A S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive. About the Role: This position is responsible for various finance tasks supporting the Everest Group Claims organization including budgeting, staffing decisions, disciplined expense management, enhancing claims financial controls, special projects, and strategic initiatives. The role will assist the Claims organization in delivering business plans and support critical decision-making towards delivering planned performance. Key Accountabilities: Ownership of the claims budgeting, forecasting and planning process, develop and coordinate the annual planning cycle for Global Claims. Ensuring robust and efficient processes are in place and continuous improvement of planning and forecasting staff and expense. Deliver Monthly and Quarterly reporting including plan vs actual comparison of results and commentary. Demonstrated ability to develop and implement financial planning processes and procedures to support organizational goals and objectives. Proven experience in aligning financial plans with strategic initiatives and providing insights on potential risks and opportunities. Strong critical thinking, problem-solving, and analytical skills to support effective decision-making. Ability to formulate financial strategies, evaluate investment opportunities, design and track ROI measurement, and present recommendations to senior management. Excellent organization and time management skills to meet deadlines and manage multiple priorities. Work with Claims Vendor Management to support vendor Financial Due Diligence processes. Demonstrated ability to adapt quickly to changing business environments and priorities. Flexibility to work collaboratively in a fast-paced and dynamic organization. Develop and maintain strong relationships across the organization across Finance, Claims and Underwriting. Professional Experience & Skills FP&A experience gained within the insurance industry with a good understanding of insurance accounting and headcount modeling. Qualified Accountant or equivalent, 10 years’ experience. Experience and expertise in detailed analytical analysis summarizing for executive committees. Excellent business acumen. Good working knowledge of Anaplan an advantage. Understanding of financial systems and processes. Highly collaborative and able to work effectively across the organization. Able to solve complex problems. Excellent communication (written and oral) and stakeholder management skills. Strong influencing and interpersonal skills. A demonstrable ability to prioritize, multi-task and work to tight deadlines both on own and through management of others. Ability to challenge and drive forward change. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. #LI-HYBRID #LI-AS1 Type: Regular Time Type: Full time Primary Location: Warren, NJ Additional Locations: Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.

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