SVP of Finance
Guarantee Trust Life Insurance Company - Glenview, IL
Apply NowJob Description
Join to apply for the SVP of Finance role at Guarantee Trust Life Insurance Company1 day ago Be among the first 25 applicantsJoin to apply for the SVP of Finance role at Guarantee Trust Life Insurance CompanyGet AI-powered advice on this job and more exclusive features.Job DescriptionJob DescriptionGuarantee Trust Life Insurance Company is seeking a Senior Vice President of Finance to join our team of high-performing leaders and maintain our financial position for continued success.The SVP of Finance is a key member of the Executive Management team and reports directly to the CEO. The successful candidate will be a key strategic leader and will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities and goals. This includes direct responsibility for the finance and accounting teams, risk management, regulatory compliance and portions of strategic planning and forecasting. As a member of senior management, the SVP of Finance will be comfortable in a leadership role that requires clear and effective communication skills. This is a pivotal business partner role that requires a full-time onsite presence.The SVP of Finance will have an ongoing impact on company operations, helping us to analyze, strategize, and grow our financial position. The selected candidate will be an innovative thought leader who is comfortable operating in an entrepreneurial environment, and will partner with the Executive team to offer quality, meaningful analyses and financial perspectives necessary for driving corporate decisions and impacting the future growth and development of the organization through organic growth strategies.Key Responsibilities IncludePlanning & ReportingOversee the execution of the financial planning cycle, including the preparation of long-range financial forecasts, feasibility studies, as needed, and annual budgets.Assure compliance with all corporate policies and procedures relating to the Company’s financial reporting, financial planning, and reimbursement municate and consult with the Company’s leadership and Board of Directors regarding the financial condition and performance of the Company, as well as the development of operational policies and procedures that include financial elements.Advise leadership regarding new programs/financial issues in a consultative manor, making recommendations about the financial implications of a decision.Accounting & ControlsUltimate responsibility for the accurate reporting and analysis of all financial-related information to internal and external sources.Assures the development and maintenance of appropriate internal controls to adequately safeguard the assets of the organization and to assure accurate financial reporting for both management and external purposes.Oversees or has responsibilities for the following areas, and as such, the candidate should have experience with and/or good general knowledge of:Statutory accounting and legal entity, and other managerial financial vestment accounting and related regulations.Federal and state income tax regulations for corporations and for the insurance industry.Analyzing accounting data and meeting financial accounting objectives and deadlines.State premium taxes, annual state filings and unclaimed property.Retirement Plan ERISA and employee benefit regulations.Payroll, Premium accounting, and Commission accounting.Enterprise Risk Management and its effective application in an organization.Reinsurance, vendor and third party administrator’s management and contracting processes.Annual budgeting and forecasting.Dealing with regulators, rating agencies, banks, auditors and other advisors/consultants, including a strong knowledge and understanding of the auditing process.Strategic SupportProvides strategic financial input and leadership on decisions affecting the organization; i.e., evaluation of potential alliances, business expansion, and investments.Provides recommendations to strategically enhance financial performance and business opportunities.Provides evaluation, training, leadership and direction so as to motivate and develop staff reporting directly to this position.QualificationsBackground Required:The ideal candidate will have 15+ years of finance experience, preferably with an insurance company, and will understand complex financial structures, including income taxes, investments, and reinsurance. Experience should also include knowledge of corporate governance, and the regulatory and legal framework applicable to insurance companies. Prior experience managing relationships with key vendors, operating partners and external auditors is ideal.The Candidate Should AlsoDemonstrate natural curiosity, excellent analytical skills, strong problem-solving skills, and have a penchant for accuracy and detail.Demonstrate excellent management skills (organizational effectiveness competencies).Have experiences with the nuances of a family-run business.Have the capability to build alignments for initiatives and programs across the enterprise.Have the ability to quickly gain creditability and partner effectively with all internal and external constituents, including the Board of Directors.Education RequiredAn undergraduate degree in accounting or finance is required. An advanced degree and/or CPA is a plus.About UsGuarantee Trust Life Insurance Company is an A rated insurance company and a longstanding leader in the life and accident & health (A&H) insurance. In business since 1936, Guarantee Trust Life Insurance Company was founded on the two fundamental principles of quality products and excellence in customer service. We offer excellent benefits, including a company-sponsored 401(k) and profit-sharing program.When you join GTL, you will be part of a company that actively participates in and supports our community. We are passionate about personal development, giving back, and supporting the Chicagoland area. Team members are encouraged to participate in self-development projects and volunteer opportunities each year, and are financially recognized for their participation.The pay range provided is not a guarantee of compensation. The range reflects potential pay for the job grade for this role at the time of this posting. Compensation will depend on several factors such as specific competencies, relevant education and experience, qualifications, and industry certifications. Compensation ranges are subject to change and may be higher or lower than the range described above.Provided eligibility requirements are met employees will be eligible for the following benefits:MedicalHealth Savings Account (including employer contribution)DentalVisionBasic Life Insurance (full premium paid by employer)Voluntary Employee, Spouse and Child Life InsuranceShort-Term and Long-Term DisabilityPaid HolidaysPaid time off including vacation, personal days, and sick timeThe amount of time off varies based on tenure and hours worked401(k) and Profit-Sharing retirement planThe company matches contributions up to 2% provided the employee contributes a minimum of 3%The company may make a discretionary contribution to the Profit-Sharing planWe invite you to learn more about Guarantee Trust Life by visiting our website: connected with GTL News via Facebook | Twitter | LinkedIn:m/f/d/vSeniority levelSeniority levelExecutiveEmployment typeEmployment typeFull-timeJob functionJob functionFinance and SalesIndustriesInsuranceReferrals increase your chances of interviewing at Guarantee Trust Life Insurance Company by 2xGet notified about new Senior Vice President Finance jobs in Glenview, IL.Senior Vice President Finance - Natural Food BrandChicago, IL $250,000.00-$275,000.00 1 month agoVP Finance Opportunity - Hyper Growth Food StartupVice President/ Senior Vice President, Equipment Finance Officer - MMChicago, IL $145,000.00-$160,000.00 1 month agoFinancial Analysis Vice President - Finance & Business ManagementVP, Financial Systems - Cloud ERP LeaderChicago, IL $155,000.00-$260,000.00 1 week agoChicago, IL $230,000.00-$350,000.00 2 days agoChicago, IL $300,000.00-$375,000.00 1 day agoChief Financial and Administrative Officer (CFAO)Greater Chicago Area $165,000.00-$185,000.00 5 days agoChicago, IL $200,000.00-$255,840.00 1 month agoVice President of Financial Planning AnalysisChicago, IL $150,000.00-$180,000.00 1 month agoChicago, IL $150,000.00-$175,000.00 2 weeks agoChicago, IL $200,000.00-$250,000.00 5 days agoVP of Accounting and Finance up to $200K (Hybrid/Loop)Vice President Finance (Retail industry required)Chicago, IL $165,000.00-$180,000.00 3 weeks agoVice President, Financial Planning & Analysis – Management Company AccountingChicago, IL $200,000.00-$240,000.00 1 day agoGreater Chicago Area $225,000.00-$250,000.00 3 weeks agoChief Financial Officer for Private Equity Portfolio CompanyTexChange Unbrokered - Chief Financial Officer (CFO)Chicago, IL $175,000.00-$185,000.00 1 month agoWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr
Created: 2025-09-17