Dir, NAR Insurance Finance

Volkswagen Financial Services, a wholly‑owned subsidiary of Volkswagen Group, is committed to supporting the Audi, Ducati, and Volkswagen brands and their dealers. We specialize in providing accessible mobility solutions for our customers, including retail leasing, retail financing, commercial financing for new and used vehicles, and end‑of‑term vehicle disposition.

Career Level:

31L – Hybrid – Reston, VA
Position:
Head of NAR Insurance Finance – accountable for the overall financial performance and strategy for VWFS insurance in North America (US & Canada). This role leads financial operations, including insurance P&L ownership, pricing oversight, risk governance, IFRS 17 compliance, and management of the insurance accounting function.

• Lead the finance, insurance accounting, controlling, and pricing functions; build a high‑performing, financially disciplined team.
• Take ownership of the insurance P&L; drive profitability through proactive pricing, claims monitoring, reserves steering, and capital oversight.
• Develop and lead the financial strategy for insurance, ensuring long‑term profitability, resilience, and regulatory compliance.
• Chair the pricing committee; oversee risk‑based pricing strategies in alignment with actuarial and business targets.
• Oversee financial risk models; monitor historical portfolio performance; lead claims forecasting and proactively adjust performance trends.
• Ensure full compliance with IFRS 17 and other regulations; drive accurate and transparent financial reporting.
• Oversee planning, budgeting, and reporting cycles; deliver timely and reliable internal and external financial reports.
• Ensure underwriting and actuarial teams are aligned with business units on claims assumptions, pricing, and risk appetite.
• Manage the relationship and SLA with shared service provider responsible for entity‑wide accounting; coordinate with in‑house insurance accounting.

• 10–15 years of progressive experience in finance, with at least 5 years in a senior leadership role within the insurance or financial services sector.
• Demonstrated experience overseeing pricing, underwriting alignment, and regulatory reporting in a complex, regulated environment.
• 30% travel to Canada.

• 15+ years of total experience in finance; at least 7–10 years in insurance or financial services and 5+ years in a senior finance leadership role.
• 3–5 years of direct experience managing insurance risks, pricing, and IFRS 17 implementation.

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related quantitative field.
• Professional certifications such as CPA, CFA, or equivalent are preferred.

• Master’s degree in Finance, Accounting, Business Administration (MBA), or a related quantitative field.
• Professional certifications such as CPA, CFA, or equivalent are strongly preferred.
• Additional training in insurance‑specific finance, risk management, or actuarial methods.
• Executive education from a leading business school (e.g., INSEAD, Wharton) is advantageous.

• Extensive experience as CFO or senior financial leader in the insurance sector.
• Expertise in pricing, controlling, accounting, and risk management.
• Strong understanding and implementation experience with IFRS 17.
• Skilled in financial forecasting, innovation, and claims analytics.
• Proven leadership in cross‑functional and board‑level environments.
• Excellent communication and stakeholder management skills.

• Experience in automotive insurance environment.
• Experience as senior financial leader in a multi‑line insurance company with international operations or group reporting responsibilities.
• Proven track record of leading pricing transformation, IFRS 17 implementation, or integrating actuarial and financial functions.
• Prior oversight of shared service agreements with success managing outsourced finance or accounting relationships.
• Experience serving on or advising a board of directors or audit committee in regulated environments.

Volkswagen Financial Services is an Equal Opportunity Employer. We welcome and encourage applicants from all backgrounds and do not discriminate based on race, sex, age, disability, sexual orientation, national origin, religion, color, gender identity/expression, marital status, veteran status, or any other characteristic protected by applicable laws.

We welcome referrals – your referral may double your chances of being interviewed.