P&C Divisional Finance Officer

The Divisional Finance Officer (DFO) is responsible for overseeing the financial management, planning, and analysis for the Property & Casualty (P&C) division within the APAC, General Insurance business. The DFO serves as a strategic partner to the divisional leadership team, providing financial insights, ensuring compliance with regulatory requirements, and driving financial performance to achieve business objectives.

**Financial Strategy and Leadership**:

- Partner with divisional leadership to develop and execute financial strategies that align with the overall goals of the P&C business.
- Provide financial insights and recommendations to support decision-making, including pricing, underwriting, and claims management strategies.
- Lead the development of financial plans, budgets, and forecasts for the division.

**Financial Planning and Analysis (FP&A)**:

- Analyze financial performance, including revenue, expenses, profitability, and key performance indicators (KPIs).
- Prepare and present financial reports, dashboards, and variance analyses to senior management.
- Identify trends, risks, and opportunities, and recommend actions to optimize financial outcomes.

**Operational Support**:

- Collaborate with underwriting, claims, and operations teams to ensure alignment between financial goals and operational activities.
- Support the development of pricing models and ensure appropriate reserving practices for the P&C portfolio.
- Monitor and manage expense controls, ensuring efficient use of resources.

**Regulatory and Compliance Oversight**:

- Ensure compliance with all financial reporting standards, regulatory requirements, and internal policies.
- Oversee the preparation of statutory filings and regulatory submissions for the P&C division.
- Work closely with auditors and regulators to address financial and compliance matters.

**Risk Management**:

- Assess financial risks related to underwriting, claims, and market conditions, and develop mitigation strategies.
- Collaborate with actuarial teams to evaluate loss reserves and ensure adequacy.

**Team Leadership and Development**:

- Lead and mentor a team of finance professionals, fostering a culture of collaboration, accountability, and continuous improvement.
- Build strong relationships with cross-functional teams and stakeholders to drive alignment and achieve business objectives.

**Technology and Process Improvement**:

- Leverage financial systems and tools to enhance reporting, analytics, and decision-making capabilities.
- Identify and implement process improvements to increase efficiency and accuracy in financial operations.

**Education and Experience**:

- Bachelor’s degree in Finance, Accounting, Economics, or a related field (MBA or CPA preferred).
- Extensive experience (typically 10+ years) in financial management roles, preferably within the insurance industry or P&C line of business.
- Strong knowledge of insurance accounting principles, including GAAP, IFRS, and statutory accounting.

**Skills and Competencies**:

- Deep understanding of the P&C insurance market, including underwriting, claims, and reinsurance.
- Strong analytical and problem-solving skills, with the ability to interpret complex financial data.
- Excellent communication and presentation skills, with the ability to influence stakeholders at all levels.
- Proven leadership and team management abilities.
- Proficiency in financial systems, tools, and software (e.g., SAP, Oracle, or similar platforms).

**Key Attributes**:

- Strategic thinker with a results-oriented mindset.
- High level of integrity and commitment to ethical practices.
- Ability to thrive in a fast-paced, dynamic environment.