Vice President, Head of Financial Planning

Title:

Vice President, Head of Financial Planning & Analysis

Company:

Everest Insurance Company

Job Category:

Finance

Job Description:

About Everest:

It’s an exciting time for Everest Group, Ltd. (“Everest”) 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.

Everest is a growth company with $14 Billion of Gross Written Premium 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 Position

Everest Insurance , a Division of Everest Re Group, Ltd., is seeking a Vice President to lead its Financial Planning and Analysis (FP&A) function. This position will report to the Senior Vice President, CFO of Insurance North America.

The Everest insurance segment is a Specialty Diversified insurance company continuing its rapid growth and transformation with infrastructure, product enhancement and human capital investments. The FP&A function is critical to help drive accountability and visibility throughout the organization.

Job Summary:

This position will continue to develop a growing FP&A team that supports the Everest Insurance North America business segment. This team is responsible for the planning, budgeting, forecasting and financial analysis for the segment and the business divisions within the segment. This position will be responsible for ensuring the accuracy of the quarterly financial results, working with the financial reporting team to review results at the business division/segment level. This position will need to be able to interact with various levels of management throughout the insurance organization and finance leadership. This position will have an opportunity to build on a firm foundation of processes and make improvements in the delivery of financial information to business leaders, supporting their strategic business decisions.

This position reports to the Insurance North America CFO.

Responsibilities:

Build, manage and develop a growing FP&A team

Provide oversight over the quarterly management P&L reporting at the business segment, division and insurance division level. Oversee and lead annual budgeting and planning process; administer and review all financial plans; leverage KPI reporting to offer constructive challenge. Partner closely with business segment leaders and department cost owners to support resource allocation and decision making. Provide actionable insights to help department owners track and manage performance. Communicate results and drivers as a trusted business partner.

Oversee Financial Analysis of Underwriting units and key functional teams

Conduct comprehensive financial analysis of business segment, including revenue, expenses, and profitability. Identify key performance indicators (KPIs) and trends to provide insights and recommendations for improvement. Review quarterly financial results and provide challenge where necessary to ensure financial reporting is accurate at the business segment level. Analyze reported results and identify drivers of variances to plan. Identify and perform focused analytics of key performance drivers. Conduct in-depth financial analysis in support of quarterly executive reports.

Develop a transparent process around budgeting and forecasting

Develop annual budgets and forecasts in collaboration with business segment leadership team. Monitor financial performance against targets and provide regular variance analysis, highlighting risks and opportunities. Financial Planning and Strategy: Assist in the development of long-term financial plans and strategic initiatives. Provide financial insights to support decision-making.

Strategic business partner

Establish and track key performance metrics to assess the financial trends and operational efficiency of business segment. Prepare management reports and presentations to communicate results and recommendations. Identify financial risks and opportunities. Develop strategies to mitigate risks and optimize financial outcomes, ensuring alignment with overall strategies. Build strong relationships with cross-functional teams, including underwriting, claims, actuarial, and operations. Provide financial insights and support in discussions, meetings, and strategic planning sessions. Continuously evaluate and enhance our financial processes and reporting to streamline workflows and increase efficiency. Collaborate effectively with the finance team and other internal stakeholders, fostering a culture of teamwork and knowledge sharing.

Qualifications:

Bachelor's degree in Finance, Accounting, or a related field. Master's degree or professional certification (e.g., CPA, CFA) is a plus. Proven experience (15+ years) in Financial Reporting of FP&A or similar role within the P&C insurance industry, with at least 5-7 years in a management role. Strong knowledge of P&C insurance products, underwriting, claims processes, and industry-specific financial metrics. Proficiency in financial analysis, forecasting, budgeting, and performance measurement. Advanced skills in financial modeling, scenario testing, and data analysis (e.g. Excel or other financial planning tools) Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-financial stakeholders. Strong business acumen, strategic thinking, and the ability to provide actionable recommendations based on financial analysis. Attention to detail, analytical mindset, and the ability to work independently as well as collaboratively in a dynamic environment. Promote a culture of personal responsibility, accountability and open communications. Maintain a sense of urgency and wind sprint to identify and resolve issues. Action oriented and strong work ethic. Knowledge of GAAP and Statutory accounting rules. Experience with business intelligence tools, ERP systems (Anaplan, IBM Planning Analytics, and Oracle a plus).

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.

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.

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