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- Tasks: Lead the Captive division, managing operations and client relationships.
- Company: Wallace Myers International Recruitment Agency connects top talent with key industries.
- Benefits: Enjoy a competitive salary, bonuses, and a full relocation package.
- Why this job: Join a dynamic team driving innovation in the insurance sector with significant growth opportunities.
- Qualifications: Must have a professional accounting designation and 5+ years of executive-level experience.
- Other info: Ideal for strategic thinkers ready to make an impact in a fast-paced environment.
The information below covers the role requirements, expected candidate experience, and accompanying qualifications.
The successful applicant will be responsible for the operational management of the Captive division. This role will involve driving the growth of the business, ensuring regulatory compliance and building strong relationships with clients, regulators and internal teams.
Duties and responsibilities will include:
- Oversee the company's day-to-day operations and development
- Manage and develop financial and operational reports for clients, including management and oversight of on time delivery of client audits and statutory reporting.
- Oversee development of improved financial controls, policies and procedures and the use of a standard general ledger system for clients
- Provide monthly reporting to the Head of Finance on divisional financial performance
- Seek opportunities to recruit new clients and assist with business development
- Liaise with local regulatory and government (or other relevant) authorities regarding regulatory compliance and any requirements for clients
- Work with directors and senior management to develop new insurance programs and solutions for clients
- Liaise with clients to manage their specific policies and procedures and any other requirements
- Other duties as directed from time to time by the Head of Finance
The successful applicants will possess the following:
- A professional accounting designation (CA, CP, ACCA, ACII or equivalent) and 5+ years PQE.
- Qualified with a globally recognized accounting firm
- Extensive Insurance market experience at executive level and knowledge of insurance regulations
- Proven leadership and decision-making experience
- In-depth knowledge of regulatory environment
- Excellent communication skills
- Strong strategic thinking with ability to challenge internally and externally in a fast-paced environment with a focus on innovation and continuous improvement
Salary Approx $250k, plus bonus benefits and full relocation package.
VP Finance, Insurance Caribbean employer: Wallace Myers International
Contact Detail:
Wallace Myers International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Finance, Insurance Caribbean
✨Tip Number 1
Network with professionals in the insurance industry, especially those who have experience in the Caribbean market. Attend industry events or webinars to connect with potential colleagues and clients, as personal connections can often lead to job opportunities.
✨Tip Number 2
Familiarise yourself with the specific regulatory environment of the Caribbean insurance sector. Understanding local regulations will not only help you in interviews but also demonstrate your commitment to compliance and operational excellence.
✨Tip Number 3
Prepare to discuss your leadership experiences in detail. Be ready to share examples of how you've successfully managed teams and driven business growth in previous roles, as this will be crucial for a VP position.
✨Tip Number 4
Research StudySmarter and our values thoroughly. Tailor your conversations during networking or interviews to align with our mission and culture, showing that you're not just a fit for the role, but also for our team.
We think you need these skills to ace VP Finance, Insurance Caribbean
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in finance and insurance, particularly any leadership roles. Emphasise your professional accounting designation and your experience with regulatory compliance.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Discuss how your background aligns with the operational management of the Captive division and your ability to drive business growth.
Highlight Relevant Achievements: In your application, include specific examples of how you've successfully managed financial operations or developed new insurance programs. Quantify your achievements where possible to demonstrate your impact.
Showcase Communication Skills: Since excellent communication skills are essential for this role, consider including examples of how you've effectively liaised with clients, regulators, and internal teams in your previous positions.
How to prepare for a job interview at Wallace Myers International
✨Showcase Your Leadership Skills
As a VP Finance, you'll need to demonstrate your leadership capabilities. Prepare examples of how you've successfully led teams or projects in the past, particularly in high-pressure situations. This will show your potential employer that you can handle the responsibilities of the role.
✨Understand Regulatory Compliance
Given the importance of regulatory compliance in this role, make sure you're well-versed in the relevant regulations within the insurance sector. Be ready to discuss how you've navigated compliance issues in previous roles and how you plan to ensure adherence in the future.
✨Prepare for Financial Reporting Questions
Since you'll be managing financial reports and audits, brush up on your financial reporting knowledge. Be prepared to discuss specific financial metrics and how you've used them to drive business decisions. This will highlight your analytical skills and attention to detail.
✨Demonstrate Client Relationship Management
Building strong relationships with clients is key in this role. Think of examples where you've successfully managed client relationships, resolved conflicts, or developed new business opportunities. This will illustrate your ability to connect with clients and drive growth.
