Vp, Canada Head Of Finance

Sompo International Holdings Ltd. (Sompo International) is a specialty provider of property and casualty insurance and reinsurance, established in March 2017 as the result of the acquisition of Endurance Specialty Holdings Ltd. by Sompo Holdings Ltd. (Sompo).

Sompo's core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. In addition, Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world.

Sompo's International is the international operation and a wholly owned subsidiary of Sompo, which trades on the Tokyo Stock Exchange. Through our operating subsidiaries, Sompo International underwrites agriculture, professional lines, property, marine and energy, and casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance.

As a leading global provider of insurance and reinsurance, we recognize that our success is derived directly from those who matter most: our people. Sompo International’s headquarters is in Bermuda, and we currently have offices in the United States, the United Kingdom, Continental Europe, and Asia. At Sompo International, a shared commitment to integrity, teamwork, agility, execution, and excellence define our culture, and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work.

We are seeking a VP, Canada Head of Finance for our recently established Sompo Canada operations. The Head of Finance will be a key member of the Sompo Canada executive team and the North America Finance Leadership team and will have primary day-to-day responsibility for supporting the strategic expansion of the Canadian operations through exceptional financial acumen and ownership of all financial-related activities for Sompo Canada.

Responsibilities:

· Support Sompo Canada General Manager, and Sompo International’s North America CFO, by providing tools necessary to meet the company’s strategic business and financial objectives driven by Sompo International’s CEO and Executive Management Team.

· Grow the finance organization and capabilities in Canada in support of the business strategic objectives. Collaborate with and leverage Sompo International Finance teams to ensure accurate results across Sompo legal entities. Evaluate and advise the business leaders on the impact of long-range planning, introduction of new programs/ strategies and regulatory actions. Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.

· Support the general manager by contributing financial and accounting information, analysis, and recommendations on strategic thinking and direction, and establishing functional objectives in line with corporate objectives.

· Leader of the end-to-end Finance organization for Canadian operations, including accounting, reporting, and FP&A. In charge of financial compliance with Canadian regulations and Sompo internal reporting requirements.

· Prepare and review material for Executive Management Team meetings as well as for the various oversight Committees established by Sompo. Provide executive management with advice on the financial implications of business activities.

· Work with Canada Executive Team in developing strategic new business initiatives and identifying potential impact on financial metrics.

· Will have extensive interaction with various departments/disciplines, including underwriting, actuarial, legal, reinsurance, claims and IT.

· Must have a strong understanding of Direct Insurance and Ceded Insurance accounting concepts and application.

Desired Skills/Experience

· An MBA or internationally recognized accounting qualification (e.g. CA or CPA) with at least 15 years post-qualification experience, including experience in reinsurance/insurance companies 10+ years of progressively responsible OSFI/IFRS accounting and reporting experience, and the property & casualty industry.

· Clearly presents ideas and concepts (orally and written) and influences outcomes.

· Effective at building and maintaining long-term, positive working relationships. Dynamic and motivated individual, capable of handling complex structured tasks that require close attention to timing and detail, as well as unplanned projects and challenges that require effective and unique solutions, often in a compressed timeframe.

· Results-oriented and disciplined approach to achieving financial and business objectives, leveraging a high level of financial acumen.

· Experience with and exposure to various operational disciplines (underwriting, claims, IT, etc.) to ensure that finance is communicating between units and capturing all required information for downstream financial reporting.

· Knowledge of 21st century finance and accounting software, tools and best practices.

· Ability to work within a global structure where certain core functions are modeled as shared services and managed by a corporate group.

· Ability to obtain multiple assessments of a situation, review facts, weigh options, and recommend most advantageous course of action to influence business results and solve problems.

· Strong attention to detail and work ethic, with a willingness to “roll up sleeves” when necessary and dive deep into accounting, reporting, and/or other financial issues.

Leadership Skills

· Demonstrate high levels of integrity, ethics and values. Should be highly respected within current and previous organizations and within the industry.

· Demonstrate management range, including being a broad, strategic leader, without losing the ability to stay close to the details.

· Demonstrate high energy, resiliency, capacity and the ability to manage priorities and make ongoing decisions. Ability to think and act with initiative. Hold oneself accountable for individual results and the results of the team.

· Must be able to lead through influence, rather than authority only. Proactively acquires new skills and knowledge. Shares these to ensure increased performance and development of the team.

· Strong communication, collaborative, and influencing skills, with a natural ability to gain the support and trust of colleagues at all levels, including at executive and Board.

· Must be able to motivate, inspire and engage diverse teams of people.

· Demonstrate flexibility and agility. Able to be effective in a fast-paced changing organization, remaining calm and thoughtful, yet decisive under pressure.

· Demonstrate creativity and openness to generate and support new or better ways of doing things.

· Strong written and verbal communication skills, adept at sharing ideas and information across the organization in order to drive business.

· Confident yet displays appropriate humility, with the strength of conviction which comes with a track record of strong delivery.

Sompo International offers a competitive compensation and benefits package commensurate with experience. For immediate consideration; please e-mail your resume to: [email protected]

Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V

Visit our website at www.sompo-intl.com