Treasury Director job with Everest Insurance | 13059633

Title:
Treasury Director

Company:
Everest Advisors (Uk), Ltd.

Job Category:
Finance

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:
We are seeking a strategic and experienced Director of Treasury to lead our European treasury team. This role will primarily focus on global FX execution while also overseeing cash management and payment execution. The ideal candidate will have a robust understanding of global FX execution practices, accounting implications, and the unique economics of the insurance and reinsurance industry.

Role & Responsibilities (include but not limited to):

FX Execution:

1. Develop and execute global FX strategies to mitigate currency risk across and optimize financial performance.
2. Work with global partners to facilitate their FX execution needs, ensuring timely and cost-effective transactions.
3. Monitor global FX markets and provide strategic insights to senior management.
4. Ensure compliance with regulatory requirements and internal policies related to FX transactions.

Cash Management:

1. Oversee daily cash positioning and liquidity management for European entities.
2. Ensure efficient cash utilization and fund transfers across the organization.
3. Implement and maintain cash pooling structures to optimize cash flow.

Payment Execution:

1. Supervise the execution of payments for European operations, ensuring accuracy and compliance.
2. Manage banking relationships to support smooth payment processes.
3. Address and resolve payment-related issues promptly.

Accounting and Reporting:

1. Ensure accurate accounting and booking of FX transactions and cash movements.
2. Collaborate with the accounting team to align on financial reporting and regulatory compliance.
3. Prepare and review treasury-related reports for senior management and regulatory bodies.

Insurance Economics and Capital Management:

1. Understand the economic factors affecting the insurance and reinsurance industry.
2. Ensure compliance with regulatory reporting and capital regimes specific to the insurance sector.
3. Provide insights on capital management and liquidity planning within the insurance context.

Leadership and Team Management:

1. Lead and mentor the European treasury team, fostering a culture of excellence and collaboration.
2. Coordinate with global treasury teams to ensure consistency and alignment of practices.
3. Participate in global treasury projects and initiatives, sharing best practices across regions.

Qualifications:

1. Bachelor’s degree in Finance, Economics, Accounting, or a related field. A Master’s degree or professional certification (e.g., CFA, CTP) is preferred.

Knowledge, Skills & Competencies:

1. Proven experience in treasury, finance, or a related field, with a focus on FX execution.
2. Experience in the insurance or reinsurance industry is highly desirable.
3. Strong understanding of global FX markets, instruments, and execution practices.
4. Proficiency in treasury management systems and financial software.
5. Advanced knowledge of accounting principles and booking requirements for FX transactions.
6. Deep understanding of the economics of the insurance and reinsurance industry.
7. Familiarity with regulatory reporting and capital regimes specific to insurance.
8. Syndicate experience beneficial.
9. Excellent leadership and team management abilities.
10. Ability to work effectively in a global, cross-functional environment.

Our Culture:
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:
Regular

Time Type:
Full time

Primary Location:
London

Additional Locations:
Dublin, Ireland

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