Job Description:
Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:
• Generous tuition/continuing education reimbursement
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups
Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.
Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S & P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive.
Role Purpose:
We are seeking a proactive and entrepreneurial Multinational Finance Manager to build our finance operations capabilities and support the rollout of Multinational Programmes (MNP’s) globally. This pivotal role involves setting up and managing our International finance operations, ensuring compliance with global regulations and building scalable foundations and processes to support our growth.
Key Accountabilities:
Lead the development and implementation of finance architecture and capabilities to support MNP’s from the ground up, ensuring scalability and adaptability to different markets and products.
- Drive operational excellence and efficiency in the management of MNP’s, leveraging technology, data analytics, and best practices to streamline processes, improve workflows, and enhance service delivery.
- Work collaboratively with internal teams, including not only the broader finance team but also IT, Operations, Underwriting, Claims, to deliver comprehensive solutions.
- Engage with external stakeholders to understand optimal ways of interacting with them, leveraging new technologies that will drive efficiency and minimize operational risk.
- Map gross and ceded premium flows for master / local policies across branches / legal entities and regions and currencies, ensuring accurate financial reporting.
- Develop and maintain robust reconciliation processes to ensure accurate financial records, including premium collection, broker commissions, ceded premium, claims payments, IPT, VAT and intercompany transactions.
- Implement and manage automated reconciliation tools to streamline financial operations, reduce errors, and enhance efficiency.
- Working closely with the FP&A team, establish structures to track profitability of MNP across the Everest group.
- Working with our international tax team ensure compliance with regulatory & tax compliance requirements and industry standards, proactively identifying and addressing any potential risks or issues.
Skills & Abilities:
- A degree in Finance, Accounting, Economics, Business Administration, or a related field.
- Proven track record in leading and managing finance operations across MNP’s.
- Hands-on experience with financial insurance products and services.
- Proven ability to manage and develop finance teams, fostering professional growth and developing robust financial capabilities within the organisation.
- Strong analytical and quantitative skills to interpret complex financial data.
- Ability to leverage data analytics to drive business decisions.
- Ability to lead cross-functional teams and drive financial strategy across multiple geographies.
- Agility and flexibility to thrive in a fast-paced environment.
- Innovative thinking with a proactive approach to problem-solving.
- Advanced proficiency in financial software and ERP systems.
- Knowledge of regulatory requirements and compliance within different jurisdictions.
- Proficiency in Microsoft Excel, PowerPoint, and other analytical tools.
- Strong negotiation and relationship-building skills with internal and external stakeholders.
Everest Values and Behaviours:
Our recruitment practices assess candidates’ behaviours, competences and capability to ensure they are fit to fulfil their roles and carry out their duties with a high degree of integrity and commitment. Through our organisation values and colleague behaviours, we encourage cultivating a positive ethical culture, meeting our regulatory requirements and conduct standards by ensuring clear lines of responsibility, accountability, and a focus on fair customer outcomes.
This includes employees complying with the PRA/FCA SM&CR Conduct Rules, at all times, and for those employees holding PCF and CF roles under the CBI Fitness and Probity Regime, complying with the CBI Conduct Standards.
The PRA/FCA and CBI Conduct Rules are as follows: to act with integrity; to act with due skill, care and diligence; to be open and co-operative with the dedicated regulators; to pay due regard to the interests of customers and treat them fairly and professionally; to observe proper standards if market conduct, and trading venue rules; act to deliver good outcomes for retail customers.
Our values are the ideals we aspire to so that we can live up to the promise of our brand and underwrite opportunity for all of our stakeholders. They are the guiding principles that inform our decisions, actions, and behaviours. The role holder will be required to embrace the Everest Core Values: Talent, Thoughtful assumption of risk, Execution, Efficiency, Humility, Leadership, Collaboration, Diversity, Equity, and Inclusion.
Our behaviors define how we operate: Respect Everyone, Pursue Better, Lead By Example, Own our Outcomes, and Win Together. All colleagues are held accountable for embodying our behaviors and are evaluated on these as part of their performance.