Senior Director, Insurance Finance NAR

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Volkswagen Financial Services, a wholly-owned subsidiary of Volkswagen Group, is the trusted key to mobility for its brand partners. We support the Audi, Ducati, and Volkswagen brands and their dealers, specializing in providing accessible mobility solutions for customers. The company’s offerings include Retail Leasing, Retail Financing, Commercial Financing for new and used vehicles, and End‑of‑Term vehicle disposition.

Brief Role Description

The Head of NAR Insurance Finance is accountable for the overall financial performance and strategy for VWFS insurance in the North America Region (US & CAN). This 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 Bottle BC Holding & Chairman of the Pricing Committee, the Head of NAR Insurance drives decisions on pricing, risk, and profitability. The role also manages the insurance accounting function and coordinates with the shared accounting service of VWFS US.

Possible Tasks within this Role

• Lead the finance, insurance accounting, controlling, and pricing functions, building a high‑performing, financially disciplined team.
• Taking ownership of the insurance P&L, driving profitability through proactive pricing, claims monitoring, reserves steering, and capital oversight.
• Developing and leading the financial strategy for insurance, ensuring long‑term profitability, resilience, and regulatory compliance.
• Chairing the Pricing Committee, leading pricing decisions and overseeing risk‑based pricing strategies in alignment with actuarial and business targets.
• Overseeing financial risk models, monitoring historical portfolio performance, and leading claims forecasting, proactively adjusting performance trends.
• Ensuring full compliance with IFRS 17 and other regulations, driving accurate and transparent financial reporting.
• Overseeing planning, budgeting, and reporting cycles, delivering timely and reliable internal and external financial reports.
• Managing the relationship and Service Level Agreements (SLA) with the shared service provider responsible for entity‑wide accounting, ensuring seamless coordination with in‑house insurance accounting.

Qualification Requirements

Education

Bachelor’s degree in Finance, Accounting, Business Administration, or a related quantitative field.

Professional certifications such as CPA, CFA, or equivalent are preferred.

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.

Experience

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.

Preferred Experience

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.

Skills

Volkswagen Financial Services is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, family status, gender identity, gender expression, national origin, age, disability or any other characteristic protected by federal, or local laws.

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