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Job Postings for the Financial Industry:

Not all opportunities may be posted at any given time.
Please contact us for more information.

CFO


This Chicago position is responsible for planning, directing, and controlling the organization’s overall financial plans and policies, accounting practices, and external financial relationships.

DUTIES AND RESPONSIBILITIES
-Develop and maintain strategic objectives for the finance department.
-Directs and prepares financial analyses of operations for guidance of management.
-Plans and directs new operational procedures to obtain optimum efficiency and reduced costs including ABM analyses and control reviews.
-Directs such functions as treasury, budgeting, tax, accounting, investment activities and financial operations.
-Directs preparation of budgets, financial forecasts and audits.
-Directs the preparation of reports, which outline company’s financial position in areas of income, expenses, and earnings based on past, present and future operations.

COMPENSATION
The successful candidate will enjoy a comprehensive compensation package that includes a $175,000 salary, annual individual performance driven bonus, participation in the long term compensation plan, retirement plan, 401K plan, group health benefits including dental and vision, short term and long term disability benefits, life insurance, and holiday and leave benefits.

No relocation is offered for this position.

 

SKILLS
Excellent written and verbal skills to effectively communicate with other senior level executives.

EXPERIENCE
At least 10 years of CFO experience. At least 3 years in the health insurance industry.

EDUCATION
MBA or CPA required.





Vice President, Underwriting



BASIC PURPOSE OF THE POSITION

Manage the Underwriting Department


DUTIES and RESPONSIBILITIES

Manage the Underwriting staff that is responsible for processing all the individual health insurance applications.

Make sure the department operates within underwriting guidelines, meets productivity and quality requirements, and functions within the budgetary limits.

Developing new ways to process applications better and more efficiently.

Contributor to modifying the company’s evolving underwriting philosophy.


CHARACTERISTICS OF PERFORMANCE

Must have strong analytical skills with a high degree of comfort dealing with insurance production environment problems such as work-flows, productivity, and quality controls. Thinks of problems and opportunities in terms of their financial and productivity impacts both short-term and long-term.


Candidates must have the ability to balance the needs of the agents, productivity/quality requirements, and the fiscal needs of the company. They must also understand the key issues in underwriting and risk assessment for health insurance.


Candidates need to be intelligent, analytical, tough-minded, but fair. Should be a creative problem solver with an instinct for preempting problems and developing means to best utilize staff under less than perfect conditions. They need to be the type of person that are constantly looking for new ways to improve productivity, quality, and service.


EDUCATION

Undergraduate degree is required. MBA or an ASA/FSA designation is preferred.

EXPERIENCE

Candidates should have at least 10 years of progressively responsible experience in the Health Insurance Industry and 5 years in the Actuarial field. This experience should be inclusive of risk assessment of health insurance products and the management of employees.


OTHER DUTIES SUCH AS:

Close interaction with Sales/Marketing, Customer Relations, and Actuarial.


COMPENSATION

$110,000 Salary, major medical, holiday and leave benefits.




Position Title: Director of Internal Reporting

Working Location: Schaumburg, IL


Job Summary
This is your chance to apply your expertise for an insurance and financial industry leader. Key to my client's success is how they encourage peak performance in their professionals to create tailor-made solutions for their customers. They create a culture of innovation and foster achievement-driven professionals. They provide property-casualty insurance to multi-national, middle market and small business sectors in the United States. They have more than 68,000 people serving 35 million customers in more than 60 countries worldwide. Their international presence gives them the ability to bring together international teams to share and contribute experiences, which serves to benefit everyone. Nothing moves a career faster than being with a company of this size, and the employee assistance programs certainly cater to the part of you that wants the good life. Some branches enjoy amenities like fitness centers, dentists, dry cleaners, travel agencies, sundry shops, and barber shops. You'll also enjoy a business casual dress environment, tuition reimbursement, employee assistance programs, childcare facility, profit sharing, and paid holidays. Of course, top of the line medical, dental, vision is a given.

The qualified candidate controls the production of monthly profitability reporting for Corporate senior management and Corporate Center (Blue Book, Plan Risk Assessment and others). Continually communicates with Business Unit CFOs to track BU performance compared to Plan and prior year, identifies reasons for variances and the contingencies being implemented to close Plan shortfalls. Responsible for summarizing the key plan shortfalls and implemented contingencies for the CFO while ensuring consistency with other departments (Strategic Initiatives Group, Cost Accounting, Investments and others). Produces presentations on behalf of the CFO for senior staff and Quarterly Operations Meetings. Ensures data integrity is maintained in the SAP reporting system and sponsor new systems developments ensuring a smooth rollout process to the Business Units. This qualified candidate will have 12 direct reports.

Job Qualifications
Bachelors Degree.
8 or more years of related experience.
Professional Accounting certification, as appropriate to local country.

Compensation

$100,000 to $180,000 Salary

They have the vision to provide the compensation, training and development opportunities to attract world class talent like you.




You may submit your resume in confidence to:

Mr. Barry Becker, CPC
barrybecker@heritagesearchinc.com

Please note the acceptable file formats:
MS Word files ( .doc) or ASCII text files (.txt)

All other resumes may be faxed in confidence to:

FAX
847-245-6920

Thank You.

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