WSP Vice President, Finance

Westfield Specialty is a start-up segment within Westfield Group, an Ohio-based insurer providing both personal and commercial lines insurance for 175 years.  Westfield Specialty launched operations in Q3 2021 with eight specialty products with this product set anticipated to expand over time.

We are looking for an innately curious, deeply analytical, and highly motivated individual to join our Finance team in our Berkeley Heights, NJ office.

This role reports directly to Westfield Specialty’s SVP, Finance and will partner with the team to serve as a business partner to the product line leaders, supporting the achievement of our overall goals and objectives by providing financial planning, forecasting, and analytical support. In addition, this role will partner regularly with a variety of teams cross-functionally as well as within Westfield Corporate.  

• Partner with the SVP in the development of the annual three-year operating budget, working also with the business and functional leaders during this process.

   

• Assist with strategic planning

• Update forecasts monthly based upon new developments, changes in assumptions, and business trends

• Provide budget-to-actual variance analyses for monthly, quarterly, and annual reporting for the segment, as well as functional and cost center levels

• Assist in creation and production of monthly operating reports to be used in monthly business reviews with segment President and leadership as well as quarterly business reviews with Westfield Corporate and segment leadership.

• Partner with functional/department leaders, through financial modeling and Pro-forma analyses, to support strategic decision making with day-to-day operations and new initiatives

• Own and socialize finance calendar with business leadership teams and Westfield Corporate to ensure business operations are aligned with finance deliverables

• Support business development activities with financial modeling for strategic partnerships, collaboration programs, and licensing activities

• Assist with in-depth capital budgeting and investments analyses

• Build, evolve, and publish regular KPI/metric reporting to track results and identify trends

• Develop sustainable financial systems and processes to support the Specialty segment effectively and efficiently

• Leverage Corporate resources as appropriate

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.