Role Overview for Head of Treasury & Capital Markets with a Major Insurer – Charlotte, NC
JRG Partners is proud to partner with a premier, A-rated insurance carrier in their search for a visionary and strategic Head of Treasury & Capital Markets. This executive leadership position, based in the vibrant financial hub of Charlotte, NC, is a critical component of the company’s senior management team. The successful candidate will be an architect of the company’s financial future, reporting directly to the Chief Financial Officer and wielding significant influence over the organization’s balance sheet, investment strategy, and overall financial resilience.
This is not merely an operational role; it is a strategic mandate to optimize the company’s capital structure, enhance liquidity, and drive investment performance in a dynamic and complex market. You will be entrusted with the stewardship of the company’s financial assets, ensuring that every decision aligns with the long-term strategic objectives and risk appetite of the enterprise. The Head of Treasury & Capital Markets will serve as the primary liaison to the external financial community, including investment banks, rating agencies, and institutional investors, representing the company with integrity and financial acumen. You will be at the forefront of evaluating and executing capital market transactions, managing a multi-billion dollar investment portfolio, and navigating the intricate landscape of insurance-specific financial regulations. Your leadership will directly impact the company’s ability to meet its obligations to policyholders, generate sustainable returns for shareholders, and fund strategic growth initiatives. We are seeking a transformative leader who can build upon a strong foundation, introduce innovative solutions, and mentor a high-performing team to achieve new levels of excellence.
Key Responsibilities of Head of Treasury & Capital Markets with a Major Insurer – Charlotte, NC
The Head of Treasury & Capital Markets will have a broad and impactful remit, encompassing the full spectrum of treasury, investment, and capital management functions. Your duties will be both strategic and tactical, requiring a blend of high-level vision and hands-on execution.
Strategic Capital Management
Develop, recommend, and execute the company’s comprehensive capital management strategy. This includes optimizing the capital structure through prudent use of debt, equity, and hybrid securities. You will lead all capital markets activities, including debt issuance, share repurchase programs, and other financing transactions, ensuring cost-effective access to capital.
Liquidity and Cash Management
Oversee all global treasury operations, ensuring the company maintains optimal liquidity to meet its obligations. Develop sophisticated cash flow forecasting models and manage daily cash positioning. Implement and refine treasury policies and controls to safeguard financial assets and ensure operational efficiency.
Investment Portfolio Oversight
Direct the strategy and oversight of the company’s extensive investment portfolio. Collaborate with internal and external asset managers to establish investment mandates, benchmarks, and performance targets that align with the company’s liability profile, risk tolerance, and return objectives. Ensure the portfolio is managed in accordance with the investment policy statement and regulatory constraints.
Financial Risk Management
Proactively identify, measure, and mitigate financial risks, including interest rate risk, credit risk, foreign exchange risk, and liquidity risk. Design and implement sophisticated hedging strategies using derivatives and other financial instruments to protect the company’s balance sheet and earnings from market volatility.
Rating Agency and Banking Relationships
Serve as the primary point of contact for rating agencies, effectively communicating the company’s financial strategy and strength to secure and maintain strong credit ratings. Cultivate and manage deep, strategic relationships with a global network of commercial and investment banks to ensure access to essential services and market intelligence.
Regulatory Compliance and Reporting
Ensure strict compliance with all relevant financial regulations, including state insurance regulations and capital adequacy standards. You will be an expert in understanding and applying the principles of NAIC regulations to all capital and investment decisions. Oversee the preparation of insightful reports and presentations for the CFO, CEO, Board of Directors, and other key stakeholders on treasury, capital, and investment matters.
Leadership and Team Development
Lead, mentor, and develop a team of treasury and investment professionals. Foster a culture of collaboration, accountability, and continuous improvement. Empower your team to take ownership and drive results, ensuring a strong succession pipeline for critical roles within the finance organization.
Technology and Process Improvement
Champion the use of technology to enhance the treasury function. Oversee the selection and implementation of Treasury Management Systems (TMS) and other financial software to improve efficiency, enhance controls, and provide superior analytics and reporting capabilities.
Requirements for the Head of Treasury & Capital Markets with a Major Insurer – Charlotte, NC
The ideal candidate will be a seasoned finance executive with a proven track record of success in complex, regulated environments. We are seeking a combination of deep technical expertise, strategic foresight, and exceptional leadership qualities.
Professional Experience
A minimum of 15 years of progressive experience in corporate treasury, capital markets, and investment management. At least 7 years of this experience must be in a senior leadership capacity. Direct experience within the insurance industry is strongly required.
Educational Background
A Bachelor’s degree in Finance, Economics, Accounting, or a related quantitative field is required. An MBA or other advanced degree is highly preferred.
Professional Certifications
A Chartered Financial Analyst (CFA) designation is highly desirable. A Certified Treasury Professional (CTP) designation is also considered a significant asset.
Technical Expertise
Demonstrated mastery of capital structure optimization, debt and equity financing, liability-driven investment (LDI) strategies, and financial risk management techniques. Deep understanding of insurance accounting principles (STAT and GAAP) and regulatory capital frameworks (e.g., Risk-Based Capital – RBC).
Leadership Acumen
Proven ability to lead and inspire a high-caliber team. A history of successfully managing relationships with executive leadership, board members, rating agencies, and the investment community. Must possess executive presence and gravitas.
Strategic and Analytical Skills
Exceptional analytical, quantitative, and problem-solving skills. The ability to translate complex financial concepts into clear, actionable strategies and communicate them effectively to diverse audiences. A strategic mindset with the ability to anticipate market trends and position the company for future success.
Communication and Interpersonal Skills
Impeccable written and verbal communication skills. Superior negotiation, influencing, and presentation abilities are essential for success in this role.
Benefits & Perks Offered
Our client is committed to attracting and retaining top-tier talent by offering a highly competitive and comprehensive compensation and benefits package. This includes:
Executive Compensation
A competitive base salary complemented by a significant annual performance-based bonus and a long-term incentive plan (LTIP) with equity components.
Comprehensive Health & Wellness
Premier medical, dental, and vision insurance plans for you and your dependents. Robust wellness programs, an Employee Assistance Program (EAP), and mental health support.
Retirement Savings
A generous 401(k) retirement plan featuring a substantial company match and potential profit-sharing contributions.
Work-Life Balance
A generous paid time off (PTO) policy, including vacation, sick days, and company holidays. Comprehensive parental leave policies.
Professional Growth
A strong commitment to your career development, with opportunities for continued education, executive coaching, and tuition reimbursement for relevant programs.
Relocation
A comprehensive relocation package is available for the successful candidate and their family to move to the Charlotte, NC area.
How to Apply
This is a retained search exclusively managed by JRG Partners. To be considered for this confidential opportunity, please submit your resume and a cover letter detailing your qualifications and strategic accomplishments. All applications will be treated with the utmost confidentiality.
JRG Partners is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all candidates. We encourage you to learn more about our specialized recruitment services by visiting JRG Partners’ Finance & Accounting practice page. We look forward to reviewing your application and discussing how you can make a lasting impact on our client’s success.
