VP, Finance & Accounting

Vice President of Finance & Accounting (CFO Succession) | Maryland | P&C Insurance

We are currently partnering with a highly regarded Property & Casualty (P&C) insurer based in Maryland to appoint a strategic Vice President of Finance. This is a highly successful organization with a 50-year legacy of stability and service within the state.

This is a unique "CFO-in-waiting" opportunity. The role was created specifically for succession planning, with the intent that you will work alongside the current leadership for the next few years before transitioning into the Chief Financial Officer position.

The Opportunity

As the VP of Finance, you will initially work closely with the VP of Accounting and the current CFO to gain a deep understanding of the firm's financial operations, investment management, and strategic direction. Within two years, the goal is for you to assume full leadership of the accounting and finance functions, overseeing a dedicated team of approximately ten professionals.

This is a brand-new position designed for a business-minded strategist who wants to move beyond the numbers and influence the long-term trajectory of an established organization.

Key Responsibilities

• Strategic Financial Oversight: Participate in the oversight of accounting, finance, and IT functions while assisting the CFO with maximizing returns on invested assets.
• Succession Leadership: Mentor and develop the finance team, including specific focus on internal talent development for future management roles.
• Regulatory & Board Relations: Assist in the preparation of regulatory filings, AM Best presentations, and Board of Directors materials.
• Operational Planning: Support the development of financial outlooks through projections, annual budget preparation, and operational forecasts.
• Risk & Controls: Monitor the overall risk environment and participate in the Security Governance Committee and Enterprise Risk Management Framework.

Who You Are

We are looking for a seasoned professional who brings a "big picture" perspective to the table. While technical accounting proficiency is essential, the ability to think strategically is what will set you apart.

• Experience: At least 20 years of progressive experience in finance or accounting, with a heavy emphasis on the Property & Casualty (P&C) sector.
• Education: A CPA license or an MBA is required, though candidates holding both are highly preferred.
• Leadership: A proven track record of leading cohesive teams and a desire to move into an executive-level role.
• Expertise: Deep knowledge of Statutory Accounting principles and state insurance regulations.

Compensation & Flexibility

• Salary: $225,000 to $250,000 base salary plus a competitive bonus and benefits package.
• Location: Based in Maryland.
• Relocation: We are actively welcoming applications from out-of-state candidates and can offer relocation assistance for the right individual.
• Hybrid Model: To support the collaborative nature of the team, the role is on-site Monday, Wednesday, and Thursday, with remote flexibility on Tuesdays and Fridays.

Why Consider This?

This isn't just a vacancy; it's a career-defining move into C-suite leadership within a stable, highly respected, and mission-driven organization. You will join a tight-knit team of 70 people who value hard work, professional growth, and a supportive culture.

For an initial confidential discussion regarding this opportunity, or for further information, please contact Harry Young at Oliver James - harry.young@oliverjames.com