Thursday, July 30, 2009

VP Of Tax Insurance $250K+++

VP of Tax – Hanover Insurance – Focused heavily on Property and Casualty Insurance

About the Company:
Public traded Insurance Organization - Stock has been trending upwards since March –
Doing well in a time where few companies are - Have not had any lay-offs...are hiring!
They are the only insurance company in the US to receive claims paying upgrades from 3 rating agencies
They have acquired 3 companies in the last 18 months and are growing organically - Also M&A activity is strong
They have $400-$700M of excess capital - Strong Balance Sheet – Sold off their Life Insurance practice in two parts (First part sold in 1985 and Second sold in January 2009)
About the Role
Will oversee a department of 12 with 3 direct reports - These managers are extremely strong. All are out of the Big 4. Two have CPAs and one has his JD/LLM
This role is going to be a consultative position within Senior Management
The VP is the go to person for all transactions/potential transactions/financing/various capital management opportunities
Will work on M&A - Step in on a technical level (regarding planning/strategy)
Will work on the tax rate/manage the premium taxes.
Will focus on both insurance (Insurance payment of premium taxes/statutory accounting) and non insurance activities (State Income Tax and Franchise Taxes)
This is a structural opportunity
Qualifications
CPA a must/MST, LLM, or JD a plus
8-10 years Big 4 experience
8-10+ years of Tax Leadership experience
Must have worked in Insurance (but doesn't necessarily have to be in the Industry in the present)
Must have a strong consultative nature and leadership capabilities
Must strong experience working with FAS 109, FIN 48, and Statutory Accounting

No comments:

Post a Comment