AVP, Finance

Overview

Serve as an Account manager for the PECO Organization within AmTrust, to provide operational and financial support to stakeholder groups by liasing with our 3rd party business partners to perform data validations, operational review, monitoring and reporting on the financial performance of the business produced by our partners. This role will help drive disciplined financial management, scalable reporting, and effective coordination across Finance, underwriting, operations, claims, compliance, IT, and other AmTrust stakeholders while upholding the standards, mission, vision, and values of the AmTrust organization.

Responsibilities

• Manage premium intake processes, including written premium, earned premium, commission income, producer commissions, carrier payables, return premiums, and related receivables and payables ensuring data submissions comply with the reporting requirements needed across the business.
• Lead reconciliation of policy, billing, bordereau, commission, claims, and cash activity across systems, carrier statements, broker records, and bank accounts to ensure complete and accurate financial data.
• Oversee the financial reporting functions for the PECO Organization, and timely preparation of management reporting packages.
• Establish, maintain, and monitor internal controls over carrier settlements, producer payments, delegated authority activity, and financial reporting processes.
• Partner with underwriting, IT, operations, claims, compliance, and carrier relationship teams to validate financial information, resolve discrepancies, support bordereau reporting, and improve data quality across the business.
• Support regulatory and audit requirements by preparing schedules, responding to information requests, maintaining supporting documentation, and ensuring accounting practices align with applicable agreements and regulatory expectations.
• Develop and maintain budgets, forecasts, cash flow projections, key performance indicators, and profitability reporting for ANV programs and business units.
• Monitor financial terms of MGA and producer agreements, including commission structures, fee arrangements, payment timing, and settlement obligations.
• Identify opportunities to improve finance processes, automate reporting, strengthen reconciliations, and enhance scalability as premium volume, program complexity, and carrier relationships grow.
• Perform other functionally related duties as assigned.

Qualifications

• Bachelor’s Degree preferably in Business, Economics or Risk Management.
• Understanding of GAAP and Statutory accounting.
• 10 years of experience in the property/casualty industry.
• Demonstrated proficiency with Microsoft Office Suite.
• Excellent written, verbal, and interpersonal communication skills.
• Strong organizational, analytical, and interpretive skills.
• Ability to effectively multi-task and work in a fast-paced, team-oriented environment.
• Due to the nature of this role, modest travel, including overnight travel, is required.

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

 

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

 

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.