Finance Manager, Insurance

Porch Group•Oceanside, CA

1d•$116,300 - $162,800•Remote

About The Position

Porch Group is seeking a Finance Manager to join its Insurance Finance team as a versatile finance partner supporting the insurance business. Reporting to the Sr. Director, Insurance FP&A, this role supports budgeting, forecasting, and analysis across the insurance division, along with special projects involving M&A, capital, reinsurance, risk management, and strategic initiatives. The work informs leadership decisions and is reviewed by auditors and external partners, so accuracy, sound judgment, and clear communication are essential. The role focuses on increasingly complex capital and reinsurance work and offers a path toward leading a growing area of the insurance finance function. The manager will use AI tools such as Claude, ChatGPT, or similar tools in day-to-day work to improve efficiency in modeling, analysis, reporting, and process automation. The role includes an onboarding period working with the Finance Manager on treaties, capital, and risk management insurance, as well as opportunities to grow scope, including leading Reinsurance or sharing a Capital and Risk Management portfolio as the function expands. This is a remote position in the United States, subject to state eligibility restrictions. The anticipated annual pay range is $116,300–$162,800. The role is eligible for long-term incentive awards and sales incentives, subject to program guidelines and approvals. Porch Group also describes a benefits package covering health, life, and financial wellbeing.

Requirements

At least 7 years of experience in reinsurance, insurance capital management, or related finance roles.
Bachelor’s degree with an emphasis in Finance, Accounting, Economics, or a related field.
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 work such as analysis, modeling, or process automation; day-to-day AI use is expected.
Excellent verbal, written communication, and presentation skills, including the ability to explain 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.

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 is 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 on 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.
Undertake special projects and ad hoc analysis across the Insurance Finance function as business priorities evolve.
Document processes, models, and key assumptions so work is shared and audit ready.
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, catch errors before they reach leadership, and improve the speed and consistency of deliverables.

Benefits

Three medical plan options, two dental plan options, and a vision plan.
Voluntary Critical Illness, Hospital Indemnity, and Accident plans.
Pre-tax savings options, including a partially employer-funded Health Savings Account and healthcare, dependent care, and transportation Flexible Spending Accounts.
Company-paid Basic Life and AD&D, and Short- and Long-Term Disability benefits; voluntary Life and AD&D plans are also offered.
Traditional and Roth 401(k) plans with a discretionary employer match.
Employer-paid wellbeing program with guided meditation and mindfulness exercises, mental health coaching, clinical care, and confidential online resources, including will preparation.
Free LifeBalance resource with discounts on gym memberships, travel, appliances, movies, pet insurance, and more.
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.
Eligibility for long-term incentive awards and sales incentives, subject to program guidelines and approvals.