Senior Director, Insurance Finance NAR

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 adjusting and steering of 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

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

Extensive experience as CFO or senior financial leader in the insurance sector
Expertise in pricing, controlling, accounting, and risk management
Strong understanding and implementation experience with IFRS 17
Skilled in financial forecasting, innovation, and claims analytics
Proven leadership in cross-functional and board-level environments
Excellent communication and stakeholder management skills
Experience in automotive insurance environment
Experience as senior financial leader in a multi-line insurance company with international operations or group reporting responsibilities.
Proven track record of leading pricing transformation, IFRS 17 implementation, or integrating actuarial and financial functions.
Prior oversight of shared service agreements, with success managing outsourced finance or accounting relationships.
Experience serving on or advising a board of directors or audit committee, especially in regulated environments.

We offer:

All applications are thoroughly reviewed by our recruitment team, and no artificial intelligence or automated technologies are utilized in the screening process.

Full-time employees of Volkswagen Financial Services enjoy these benefits:

Health Insurance Coverage: We provide comprehensive insurance coverage, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services.
We offer a flex health benefit program, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services that fits their needs.
Retirement Plans & Savings: Planning for the future is important, which is why we offer competitive defined contribution retirement plan at no cost to the employee to help our employees save for their long-term financial goals. In addition, we have a generous savings matching program.
Compensation: We believe in recognizing individual contributions and sharing company performance. Our Bonus & Merit Program reinforces a reward and a pay-for-performance culture.”
Vehicle Leasing Program: Our Vehicle Leasing Program offers employees the convenience and cost savings of leasing company vehicles at discounted rates. Employees and eligible family members can lease up to four vehicles per year.
Work Environment: Our workplace sets the standard with its state-of-the-art facility, designed to inspire creativity and productivity. We believe in fostering an environment where our employees feel empowered to do their best work, and our flexible hybrid policy reflects our commitment to accommodating diverse work styles and needs.
Floaters Days: We understand the importance of work-life balance, which is why we offer floaters days that can be used at your discretion for personal reasons or to recharge. We've included these days to be inclusive of holidays or celebrations that are that are important to employees. This allows you to commemorate whatever might be important to you.
Company Designated Holidays: In addition to offering floaters days, we also recognize the importance of celebrating the holiday season with our team. That's why we designate specific company holidays during the December holiday period, ensuring our employees can enjoy this festive time. *Schedules may vary depending on the specific needs of certain parts of our business.
Wellness Programs: We care about the holistic well-being of our employees, which is why we offer various wellness programs designed to promote physical, mental, and emotional health. These may include discounted gym memberships, mental health resources, and more.
Tuition Reimbursement: We offer this program as part of our commitment to employee development. This benefit supports continued education by covering approved course expenses, fostering both professional growth and long-term career advancement.

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.

Only shortlisted candidates will be contacted.

Job ID: 19381

Company: VW Credit Canada, Inc.

Location:

Pickering, ON, CA, L1V 0C4

Department: Financial Services and Insurances

Career Level: Executives & Management

Working Model: Full-time

Contract Type: Unlimited

Remote Working: Up to 40%

Posting Date: Dec 8, 2025

Senior Director, Insurance Finance NAR

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 adjusting and steering of 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

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

Extensive experience as CFO or senior financial leader in the insurance sector
Expertise in pricing, controlling, accounting, and risk management
Strong understanding and implementation experience with IFRS 17
Skilled in financial forecasting, innovation, and claims analytics
Proven leadership in cross-functional and board-level environments
Excellent communication and stakeholder management skills
Experience in automotive insurance environment
Experience as senior financial leader in a multi-line insurance company with international operations or group reporting responsibilities.
Proven track record of leading pricing transformation, IFRS 17 implementation, or integrating actuarial and financial functions.
Prior oversight of shared service agreements, with success managing outsourced finance or accounting relationships.
Experience serving on or advising a board of directors or audit committee, especially in regulated environments.

We offer:

All applications are thoroughly reviewed by our recruitment team, and no artificial intelligence or automated technologies are utilized in the screening process.

Full-time employees of Volkswagen Financial Services enjoy these benefits:

Health Insurance Coverage: We provide comprehensive insurance coverage, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services.
We offer a flex health benefit program, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services that fits their needs.
Retirement Plans & Savings: Planning for the future is important, which is why we offer competitive defined contribution retirement plan at no cost to the employee to help our employees save for their long-term financial goals. In addition, we have a generous savings matching program.
Compensation: We believe in recognizing individual contributions and sharing company performance. Our Bonus & Merit Program reinforces a reward and a pay-for-performance culture.”
Vehicle Leasing Program: Our Vehicle Leasing Program offers employees the convenience and cost savings of leasing company vehicles at discounted rates. Employees and eligible family members can lease up to four vehicles per year.
Work Environment: Our workplace sets the standard with its state-of-the-art facility, designed to inspire creativity and productivity. We believe in fostering an environment where our employees feel empowered to do their best work, and our flexible hybrid policy reflects our commitment to accommodating diverse work styles and needs.
Floaters Days: We understand the importance of work-life balance, which is why we offer floaters days that can be used at your discretion for personal reasons or to recharge. We've included these days to be inclusive of holidays or celebrations that are that are important to employees. This allows you to commemorate whatever might be important to you.
Company Designated Holidays: In addition to offering floaters days, we also recognize the importance of celebrating the holiday season with our team. That's why we designate specific company holidays during the December holiday period, ensuring our employees can enjoy this festive time. *Schedules may vary depending on the specific needs of certain parts of our business.
Wellness Programs: We care about the holistic well-being of our employees, which is why we offer various wellness programs designed to promote physical, mental, and emotional health. These may include discounted gym memberships, mental health resources, and more.
Tuition Reimbursement: We offer this program as part of our commitment to employee development. This benefit supports continued education by covering approved course expenses, fostering both professional growth and long-term career advancement.

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.

Only shortlisted candidates will be contacted.

Senior Director, Insurance Finance NAR

Senior Director, Insurance Finance NAR

Brief Role Description

Possible Tasks within this Role

Qualification requirements

Senior Director, Insurance Finance NAR

Brief Role Description

Possible Tasks within this Role

Qualification requirements

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