Treasury Director
19 hours ago
About Everest Insurance
We are 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.
Our Purpose
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.
The Role of Treasury Director
We are seeking an experienced Treasury Director to lead our European treasury team. This role will primarily focus on global FX execution while also overseeing cash management and payment execution.
Key Responsibilities
- FX Execution: Develop and execute global FX strategies to mitigate currency risk across and optimize financial performance.
- Cash Management: Oversee daily cash positioning and liquidity management for European entities.
- Payment Execution: Supervise the execution of payments for European operations, ensuring accuracy and compliance.
Accounting and Reporting
- Ensure accurate accounting and booking of FX transactions and cash movements.
- Collaborate with the accounting team to align on financial reporting and regulatory compliance.
- Prepare and review treasury-related reports for senior management and regulatory bodies.
Insurance Economics and Capital Management
- Understand the economic factors affecting the insurance and reinsurance industry.
- Ensure compliance with regulatory reporting and capital regimes specific to the insurance sector.
- Provide insights on capital management and liquidity planning within the insurance context.
Leadership and Team Management
- Lead and mentor the European treasury team, fostering a culture of excellence and collaboration.
- Coordinate with global treasury teams to ensure consistency and alignment of practices.
- Participate in global treasury projects and initiatives, sharing best practices across regions.
Qualifications and Skills
- Bachelor's degree in Finance, Economics, Accounting, or a related field. A Master's degree or professional certification (e.g., CFA, CTP) is preferred.
- Proven experience in treasury, finance, or a related field, with a focus on FX execution.
- Experience in the insurance or reinsurance industry is highly desirable.
- Strong understanding of global FX markets, instruments, and execution practices.
- Proficiency in treasury management systems and financial software.
- Advanced knowledge of accounting principles and booking requirements for FX transactions.
- Deep understanding of the economics of the insurance and reinsurance industry.
- Familiarity with regulatory reporting and capital regimes specific to insurance.
Salary Information
The estimated salary range for this position is £85,000-£110,000 per annum, depending on experience and qualifications.
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