Stonehaven - Director of Finance
Core
Build and own finance and accounting infrastructure for a new third-party hybrid fronting carrier, turning bordereaux data into trustworthy financials and per-program economic pictures.
Role type
Director of Finance (P&C Insurance)
Builds
Finance infrastructure, statutory and GAAP reporting, capital management models, and economic dashboards for a new insurance carrier.
Domain
Property & Casualty Insurance, Reinsurance, Fronting
Required skills
P&C insurance finance/accounting, STAT and GAAP dual-basis reporting, reinsurance accounting, bordereaux review and approval, NAIC Annual Statement compliance, delegated underwriting authority programs, capital management, cash-flow modeling, reserve committee support.
Preferred skills
CPA with P&C statutory expertise, fronting or program-carrier finance experience, experience standing up finance infrastructure at early-stage carriers, rating-agency relationship experience (AM Best BCAR).
Technologies
GL systems, bordereaux processing tools, financial reporting platforms
Responsibilities
Establish chart of accounts, GL, and month-end close process; review and approve MGA/TPA bordereaux; ensure statutory accounting accuracy and NAIC compliance; own reinsurance accounting (ceding commissions, recoverables, funds withheld); manage fronting-fee revenue recognition and per-program economics; maintain cash-flow models and capital management practices; support Reserve, Audit, and ORSA processes.
Seniority
Director, hands-on IC with strategic oversight