Dir, NAR Insurance Finance

Director, NAR Insurance Finance

Volkswagen Financial Services, a wholly‑owned subsidiary of Volkswagen Group, is a trusted key to mobility for its brand partners. We support the Audi, Ducati, and Volkswagen brands and their dealers by providing accessible mobility solutions for customers, including retail leasing, retail financing, commercial financing, and end‑of‑term vehicle disposition.

Location: Reston, VA

Employment type: Full‑time

Role classification: Hybrid

Seniority level: Director

The Head of NAR Insurance Finance is accountable for the overall financial performance and strategy for VWFS insurance in the North America Region (US & Canada). The role leads financial operations, including insurance P&L ownership, pricing oversight, risk governance, and IFRS 17 compliance. As a member of the board of VW Protection Services and Bettle BC Holding & chairman of the Pricing Committee, the Head of NAR Insurance drives decisions on pricing, risk, and profitability.

The Head of NAR Insurance is also responsible for managing the insurance accounting function directly and the relationship with the shared accounting service from VWFS US for overall accounting.

• Accountability – 20% of time: Member of the board of VW Protection Services and Bettle BC Holdings, providing financial insight and strategic counsel; take ownership of the insurance P&L, driving profitability through proactive pricing, claims monitoring, reserves steering, and capital oversight.
• Leadership and Development – 20% of time: Lead the finance, insurance accounting, controlling, and pricing functions; build a high‑performing, financially disciplined team.
• Strategic Financial Leadership – 10% of time: Develop and lead the financial strategy for insurance, ensuring long‑term profitability, resilience, and regulatory compliance.
• Chair Pricing Committee – 10% of time: Lead pricing decisions and oversee risk‑based pricing strategies in alignment with actuarial and business targets.
• Insurance Risk & Portfolio Management – 20% of time: Oversee financial risk models, monitor historical portfolio performance, and lead claims forecasting; proactively adjust and steer performance trends.
• IFRS‑17 Compliance – 5% of time: Ensure full compliance with IFRS 17 and other regulations, driving accurate and transparent financial reporting.
• Controlling & Reporting – 5% of time: Oversee planning, budgeting, and reporting cycles; deliver timely and reliable internal and external financial reports.
• Underwriting & Actuarial – 5% of time: Ensure underwriting and actuarial teams are aligned with business units, especially in terms of claims assumptions, pricing, and risk appetite.
• Shared Services Oversight – 5% of time: Manage the relationship and service level agreements (SLA) with shared service provider responsible for entity‑wide accounting; ensure seamless coordination 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.
• 10% travel to Canada.

• 15+ years of total experience in finance, with 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 in 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.
• Exp…