Finance Manager, Insurance

Porch Group•Oceanside, CA

3d•Remote

About The Position

Porch Group is hiring a remote Finance Manager, Insurance to support its insurance business as part of the Insurance Finance team. Reporting to the Sr. Director, Insurance FP&A, the Finance Manager will support budgeting, forecasting, and analysis across the insurance division, as well as special projects involving M&A, capital, reinsurance, risk management, and strategic initiatives. The position is high visibility, with work informing leadership decisions and reviewed by auditors and external partners. The role offers the opportunity to grow in scope, including potentially leading Reinsurance or sharing an expanding Capital and Risk Management portfolio. The Finance Manager will work on capital structure and requirements, balance-sheet forecasting, capital evaluation models, rating agency and regulatory metrics, and the corporate risk management insurance program. The role also supports annual and periodic forecasting, performance and profitability analysis, and cross-functional coordination. Clear communication, accuracy, sound judgment, process documentation, and audit readiness are important. Using AI tools such as Claude, ChatGPT, or similar in daily work to improve analysis, modeling, automation, and reporting is an expected part of the role. The position is remote in the United States, but applicants from Alaska, Arkansas, Delaware, Hawaii, Iowa, Maine, Mississippi, Montana, New Hampshire, and West Virginia are not considered for remote positions. The listed annual pay range is $116,300–$162,800. Eligible employees may also receive long-term incentive awards and sales incentives, subject to program guidelines and approvals.

Requirements

At least 7 years of experience in reinsurance, insurance capital management, or related finance roles.
Strong understanding of reinsurance arrangements and their impact on surplus, RBC, and risk management.
Strong capital modeling and advanced Excel skills.
Knowledge of US STAT and GAAP reporting standards.
Hands-on experience using AI tools such as Claude, ChatGPT, or similar for real work such as analysis, modeling, or process automation; daily AI use is expected.
Excellent verbal, written communication, and presentation skills, including the ability to convey technical information to non-technical stakeholders.
Ability to interface effectively and diplomatically with all levels of management and personnel.
Ability to collaborate with cross-functional teams to achieve business results.
Ability to work independently, manage multiple priorities, and perform well under tight deadlines.
Team-oriented approach and ability to build strong working relationships and a positive work environment.
Receptiveness to feedback and willingness to learn and embrace continuous improvement.
Bachelor's degree with an emphasis in Finance, Accounting, Economics, or a related field.

Nice To Haves

Experience at a reinsurance broker, reinsurer, or P&C insurance carrier is highly valued.
CPA, CFA, or actuarial designation (ACAS/FCAS) preferred but not required.
Capital markets or investment banking experience preferred but not required.
P&C insurance experience strongly preferred but not required.

Responsibilities

Analyze the company's capital structure and requirements and recommend ways to improve capital efficiency and financial stability.
Support balance-sheet forecasting and capital evaluation models used to assess funding and capital opportunities.
Monitor and report rating agency and regulatory metrics, including surplus, risk retention levels, net combined ratio, and RBC.
Support the corporate risk management insurance program, including policy renewals, coverage analysis, and related cost forecasting.
Conduct risk assessments and stress tests to evaluate resilience against potential adverse scenarios.
Support the annual budget, quarterly forecast, and monthly forecast for the insurance division.
Conduct financial analysis and variance reporting on performance, profitability, unit economics, and operational efficiency.
Handle special projects and ad hoc analysis across the Insurance Finance function as business priorities evolve.
Document processes, models, and key assumptions to support shared work and audit readiness.
Contribute to cross-training so critical processes have more than one owner.
Prepare analysis and materials for senior finance leadership, auditors, rating agencies, and reinsurance partners, explaining technical concepts clearly to non-technical audiences.
Collaborate with Premium, Losses, Corporate Finance, and Actuarial partners to align assumptions and outputs.
Use AI tools to streamline recurring analysis, identify errors, and improve the speed and consistency of deliverables.
Participate in a collaborative onboarding period working alongside the Finance Manager on treaties, capital, and risk management insurance.

Benefits

Three medical plan options, two dental plan options, and a vision plan.
Voluntary Critical Illness, Hospital Indemnity, and Accident plans.
Partially employer-funded Health Savings Account and employee Flexible Savings Accounts for healthcare, dependent care, and transportation.
Company-paid Basic Life and AD&D, Short- and Long-Term Disability benefits; voluntary Life and AD&D plans also available.
Traditional and Roth 401(k) plans with a discretionary employer match.
Employer-paid wellbeing program providing access to guided meditation, mindfulness exercises, mental health coaching, clinical care, and confidential online resources including will preparation.
Free LifeBalance resource with year-round discounts, including gym memberships, travel, appliances, movies, and pet insurance.
Flexible paid vacation, typically nine company-paid holidays per year, paid sick time, and paid parental leave.
Identity theft program, travel assistance, and fitness and other discount programs.
Long-term incentive awards and sales incentives, subject to program guidelines and approvals.