Recent Searches

You haven't searched anything yet.

2 VP, Head of Treasury Strategy Jobs in Purchase, NY

SET JOB ALERT
Details...
Endurance Services
Purchase, NY | Full Time
$182k-229k (estimate)
2 Weeks Ago
Endurance Services
Purchase, NY | Full Time
$182k-229k (estimate)
1 Week Ago
VP, Head of Treasury Strategy
$182k-229k (estimate)
Full Time 2 Weeks Ago
Save

Endurance Services is Hiring a Remote VP, Head of Treasury Strategy

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description Sompo International Holdings Ltd. (Sompo International) is a specialty provider of property and casualty insurance and reinsurance, established in March 2017 as the result of the acquisition of Endurance Specialty Holdings Ltd. by Sompo Holdings Ltd. (Sompo). Sompo’s core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. In addition, Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world. Sompo International is the international operation and a wholly owned subsidiary of Sompo, which trades on the Tokyo Stock Exchange. Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, casualty, marine, aviation, energy and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance. As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly from those who matter most: our people. Sompo International’s headquarters is in Bermuda, and we currently have offices in the United States, the United Kingdom, Continental Europe, and Asia. At Sompo International, a shared commitment to integrity, teamwork, agility, execution, and excellence define our culture, and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work. We are seeking a Vice President, Head of Treasury Strategy to serve as a senior leader on the Treasury team for our Property and Casualty Insurance and Reinsurance businesses. The position will be based in Purchase, NY. The Head of Treasury Strategy is responsible for managing all the interactions that support the short- and long-term planning of Treasury. Reporting to the Global Treasurer, the incumbent will develop and maintain our collateral and credit management framework in the following locations including the United States, Canada, Bermuda, United Kingdom, Continental Europe, and Asia. The Head of Treasury Strategy will facilitate the process to evaluate strategic transactions for the organization partnering with Business Unit CFOs, Tax, Investments, and ERM, ensuring we are adequately managing our capital and liquidity resources. The incumbent will drive the collateral management process, ensuring we have sufficient resources to satisfy our collateral obligations while minimizing the financial cost to the organization working with Investments, FP&A, Business Unit CFOs, and Business Unit Operations’ team. The incumbent will work closely with our banking partners to establish robust working capital. KEY RESPONSIBILITIES Support the transformation towards a globally integrated treasury operational team. In partnership with ERM develop and manage the Credit Management process. In partnership with other Treasury functions develop and report dashboard KPIs to monitor Treasury globally. In partnership with regional treasury functions, and Investments build out working capital programs. Support preparation of Board materials, internal stakeholder socialization and alignment conversations for Treasury initiatives. Maintain a robust network of Banks that support the Organization’s current and future needs. Develop KPIs to evaluate key banking relationships to report to the Global Treasurer, CFO and as needed ELT. In partnership with Business Unit CFOs identify opportunities to better utilize Banking products to reduce capital and liquidity requirements. In partnership with ERM support Rating Agency considerations for evaluating transactions. In partnership with other Treasury functions evaluate Capital and Liquidity impact of prospective transactions. Partner with FP&A to develop capital, and rating strategy to meet organizational objectives. Act as authorized signatory on bank accounts, as needed. Develop and enforce strong internal controls, effective security measures and financial management policies. MINIMUM REQUIREMENTS Bachelor’s degree in Finance, Accounting, or related business field MBA or Masters’ degree in Finance or another quantitative subject area preferred; ideally supplemented by a relevant professional certification such as Certified Treasury Professional or CFA Minimum 8 years of experience as a senior member of Global Treasury Function in the insurance industry Knowledge of Capital Frameworks for Insurance Companies Knowledge of Capital Markets Products available to Insurance Companies High Level understanding of Investment products for an Insurance Company Salary Range: $140,000– $220,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience. At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs: Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution. Pharmacy benefits with mail order options. Dental benefits including orthodontia benefits for adults and children. Vision benefits. Health Care & Dependent Care Flexible Spending Accounts. Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children. Company-paid Disability benefits with very competitive salary continuation payments. 401(k) Retirement Savings Plan with competitive employer contributions. Competitive paid-time-off programs, including company-paid holidays. Competitive Parental Leave Benefits & Adoption Assistance program Employee Assistance Program Tax-Free Commuter Benefit Tuition Reimbursement & Professional Qualification benefits. Sompo North America is an equal opportunity employer committed to a diverse workforce. M/F/D/V Sompo International is a global specialty provider of property and casualty insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., UK, Continental Europe and Asia. Our commitment to integrity, teamwork, agility, execution and excellence define our culture. As we continue to grow, we strive to find talented, creative and driven professionals to join our diverse workforce. We offer a broad range of career opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our approach to our business partners and colleagues is embodied within our strong core values. We are committed to maintaining excellent financial strength, industry-leading risk management practices and fully-accountable and engaged employees. We place a high value on community involvement, giving back to our local communities and support like-minded organizations and associations. Learn more About Sompo International

Job Summary

JOB TYPE

Full Time

SALARY

$182k-229k (estimate)

POST DATE

04/27/2024

EXPIRATION DATE

06/26/2024

Show more

Endurance Services
Remote | Full Time
$132k-173k (estimate)
3 Days Ago
Endurance Services
Remote | Full Time
$68k-84k (estimate)
4 Days Ago