Director of Finance (Hybrid)
About the role
At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that's aligned to our targeted customer groups.
Opportunity
We currently have an opportunity for a Director of Finance to join our Corporate Finance team based in our Plymouth, MN office on a hybrid schedule. The role involves leading the maintenance and execution of our core planning model and associated processes.
Responsibilities
- Maintain ownership of the planning model rules, ensuring accuracy and consistency in application.
- Define, maintain, and update model rules, re-applying foundational concepts for efficiency.
- Transition knowledge through shadowing opportunities, coordinating with stakeholders to ensure continuity.
- Care for complex calculations (tax rates, allocations, reinsurance) for various business units and support strategic initiatives, including KPI projects and producer incentive management.
- Input premium tax rates, AAO rates, treaty reinsurance amounts and CAT loads (PCS/IFC).
- Develop and run allocation rates for the model.
- Coordinate planning meetings and prepare consolidated US exhibits/presentation templates.
- Collaborate with HR for initial census and salary loading.
- Develop, refine, and maintain mechanisms to track Nationwide broker incentive agreements, allocate costs to business units, and manage accruals.
- Guide and mentor team members, including reviewing their input and assisting with the review process.
- Lead or support the KPI project initiative.
- Work with stakeholders to refine processes, documenting best approaches for learning and applying model concepts.
Requirements
- Bachelor’s degree in finance.
- 10 or more years of related experience, with 7-10 years in a management role.
- Experience in financial modeling, budgeting, and forecasting.
- Strong knowledge of Microsoft Excel (advanced modeling techniques).
- Experience with planning software or cubes.
- Proactive approach to process improvement and learning new modeling structures.
- Ability to communicate technical modeling changes to non-technical stakeholders.
Benefits
- Comprehensive medical, dental and vision insurance with no waiting period.
- Competitive paid time off programs.
- 401(k) savings and annual contributions of up to 12% of annual salary.
- Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits.
Pay
The typical base salary range for this position is: $240,000 – $281,000, based on the factors aforementioned.
Schedule
The role is offered on a hybrid schedule.