Senior Director, Insurance Finance NAR

Select how often (in days) to receive an alert :

Volkswagen Financial Services, a wholly‑owned subsidiary of Volkswagen Group, is the trusted key to mobility for its brand partners. We are committed to supporting the Audi, Ducati, and Volkswagen brands and their Dealers, specializing in providing accessible mobility solutions for its 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 the 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 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.

Possible Tasks within this Role

• Accountability : 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 : Lead the finance, insurance accounting, controlling, and pricing functions. Build a high‑performing, financially disciplined team.
• Strategic Financial Leadership : Develop and lead the financial strategy for insurance, ensuring long‑term profitability, resilience, and regulatory compliance.
• Chair Pricing Committee : Lead pricing decisions and oversee risk‑based pricing strategies in alignment with actuarial and business targets.
• Insurance Risk & Portfolio Management : Oversee financial risk models, monitor historical portfolio performance, and lead claims forecasting. Proactively adjust and steer performance trends.
• IFRS‑17 Compliance : Ensure full compliance with IFRS 17 and other regulations, driving accurate and transparent financial reporting.
• Controlling & Reporting : Oversee planning, budgeting, and reporting cycles. Deliver timely and reliable internal and external financial reports.
• Underwriting & Actuarial : Ensure underwriting and actuarial teams are aligned with business units, especially in terms of claims assumptions, pricing, and risk appetite.
• Shared Services Oversight : 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.

Qualification requirements

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.

Job ID : 19381

Company : VW Credit Canada, Inc.

Location : Pickering, ON, CA, L1V 0C4

Department : Financial Services and Insurances

Working Model : Full‑time

Contract Type : Unlimited

Remote Working : Up to 40%

We are the key to mobility - become a part of this exciting journey now!

Discover a variety of tasks and new challenges. Together we will implement exciting projects and reshape the future of mobility.

#J-18808-Ljbffr