Remote Director, Insurance Finance

Summary

Join Porch Group as a Director, Insurance Finance (Property & Casualty) and lead the financial planning and analysis functions for the insurance division. Develop and manage the annual budget, financial forecasts, and long-term financial plans. Conduct detailed financial analysis and provide insights on performance metrics, profitability, and operational efficiency.

Requirements

• 12+ years’ experience with all phases of P&C insurance company finance and accounting, investment and treasury operations, and financial planning and analysis
• P&C insurance experience required
• Bachelor's degree in Finance or related field
• Certified Public Accountant (CPA) certification is a plus
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data
• Excellent communication and presentation skills, with the ability to effectively communicate financial information to both technical and non-technical stakeholders
• Strong leadership and management skills, with the ability to lead and motivate a team of financial analysts and planners
• Ability to work in a fast-paced environment, with multiple priorities and deadlines

Responsibilities

• Develop and manage the annual budget, financial forecasts, and long-term financial plans for the insurance division
• Collaborate with senior management to align financial strategies with business objectives and growth plans
• Conduct detailed financial analysis and provide insights on performance metrics, profitability, and operational efficiency
• Evaluate financial impacts of business decisions, including market expansions, and strategic investments
• Analysis on unit economics and integration of Porch insurance into the Porch
• Coordinate Balance Sheet forecasting with support of the Insurance Finance team
• Prepare and present financial reports, including variance analysis, financial statements, and management reports and board reporting
• Ensure accurate and timely financial reporting to internal stakeholders and regulatory bodies
• Timely and accurate reporting of internal management reports for Operations meetings and dashboards: Executive, Financial, Marketing & Sales, and Claims metrics
• Timely and accurate reporting of management reports to Porch Group
• Understanding how insurance metrics at the corporate level will be managed
• Oversee the development and maintenance of financial models, forecasts, and dashboards to support data-driven decision-making
• Develop a tool for scenario building and ability to break down complex items into a simple structure
• Ensure data integrity and accuracy in financial systems and reporting tools
• Lead and mentor a team of financial analysts and planners, providing guidance and support for professional development
• Foster a collaborative and results-oriented team environment
• Identify opportunities for process improvements in financial planning and reporting processes
• Implement best practices and tools to enhance efficiency and effectiveness
• Ensure compliance with accounting standards, regulatory requirements, and internal controls
• Assess and manage financial risks, including insurance reserves, capital adequacy, and investment performance

Benefits

• Traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose
• Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis
• Pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options
• Company paid Basic Life and AD&D, Short and Long-Term Disability benefits
• Voluntary Life and AD&D plans are available
• Traditional and Roth 401(k) plans are available with a discretionary employer match
• Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation
• Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes
• LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more
• Flexible paid vacation
• Company-paid holidays of typically nine per year
• Paid sick time
• Paid parental leave
• Identity theft program
• Travel assistance
• Fitness and other discounts programs