Director, Treasury and Investment Operations

Treasury Operations & Cash Management

• Oversees and manages daily cash positions, consolidate and invest excess cash daily, forecast short-term and long-term cash needs, and ensure sufficient liquidity for operations.
• Manage/maintain bank and financial institution accounts, oversee wire transfer and electronic funds transfer activities, and execute investment transactions under the oversight of the Treasurer.
• Oversee and optimize the company's cash concentration, pooling, and disbursement structures.
• Manage working capital and maintain the Company's 13-week cash flow forecast and variance analysis

Investment & Debt Management

• Supports the management of the company's long-term investment portfolios in accordance with investment policies, investment guidelines, and regulatory environment.
• Support the placement and evaluation of debt financing, including credit facilities, bond issues, and lease financing.
• Prepare periodic cash forecast, investment performance, and debt compliance reports.

Banking & Financial Relationships

• Maintain and develop relationships with banks, investment managers, and rating agencies.
• Lead and support negotiation of banking services, fees, and credit terms.
• Ensure compliance with covenants, collateral, and other financial obligations.

Risk Management & Compliance

• Key advisor in enterprise risk management initiatives related to liquidity, interest rate exposure, and credit risk.
• Partners closely with enterprise leaders and acts in accordance to compliance with state and federal insurance regulations, including NAIC requirements and statutory reporting.
• Assist with audits and regulatory examinations as needed.

Strategic Planning & Reporting

• Applies financial analyses to support treasury strategies, capital allocation, and business planning as part of enterprise investment strategies and allocations.
• Develop dashboards and performance metrics for treasury operations.
• Collaborate cross-functionally with accounting, actuarial, and operations teams to ensure financial alignment.

Leadership & Management

• Leads through a combination of management and staff with high-level individual contributors for all aspects of career development, performance management and work execution.
• Ensures technical, compliance and risk is managed in highly specialized roles ~(1-3 FTEs) and with external relationships (asset managers, custodians, banks, other financial service providers)

Other Duties/Functions

• Perform all other miscellaneous responsibilities and duties as assigned or directed.

  #LI-Hybrid Qualifications

1. Bachelor's degree in Finance with emphasis in Accounting or Economics or related field, and ten years of related work experience; or an equivalent combination of education and work experience.
2. Five years of management/supervisory experience.
3. Experience in treasury, finance, or corporate banking; experience in the health insurance or broader insurance sector preferred.
4. Strong understanding of financial instruments, capital markets, and investment management.
5. Familiarity with regulatory environments relevant to insurance (e.g., NAIC, statutory accounting).
6. Intermediate knowledge of Microsoft Office applications. Including but not limited to Word, PowerPoint, and Outlook.
7. Proficiency with treasury management systems and financial reporting tools (e.g., Kyriba, SAP, Great Plains, Oracle, Power BI).
8. Advanced knowledge in Excel or other spreadsheet software (i.e., IBM Lotus, Corel QuatroPro) and financial modeling.