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VP Chief Financial Officer

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Job Details
Job Order Number
Company Name
Physical Address

Westbrook, ME 04098
Job Description

Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine. Today we offer insurance programs for small and midsize businesses throughout New England and New York State with local offices in Connecticut, Maine, Massachusetts, New Hampshire, New York and Vermont.

As a member of Acadia Insurance Company’s senior and executive management team, the role provides strategic leadership necessary for the successful achievement of the company’s business objectives and its mission.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

+ Creates accurate and dependable financial reporting for the organization which adequately reflects the financial condition of the company.

+ Requires a strategic vision beyond accounting and finance.

+ Provides analytical review of monthly financial results.

+ Has a highly analytic view of all company functions and a bias towards action.

+ Plans and directs all aspects of Acadia’s financial policies, objectives and initiatives.

+ Works collaboratively with WRBC corporate and other WRBC affiliates to create and maintain evolving shared financial systems.

+ Strong working knowledge of financial systems and data warehouse functionality.

+ Maintains compliance with all regulatory statutes, laws and regulations, including but not limited to state regulation, SOX and other SEC reporting requirements. Collaborates on the long-range planning and forecasting of the company to maximize company performance over time.

+ Contributes to Acadia’s success by developing departmental and individual staff goals; measuring results, rewarding achievements or taking corrective action, as necessary.

+ Develops employees through coaching, training, providing ongoing and constructive feedback, and through regular performance and salary reviews.

+ Retains staff by managing responsibly and creating a positive work environment.

+ Keeps abreast of industry developments, particularly those which impact his or her area(s) of responsibility.

+ Understands Acadia’s business and the factors that affect its success.

+ Communicates regularly and effectively with staff, both as a team and individually.

+ Responsible for multiple departments, requiring a strategic vision beyond just accounting.

+ Ensures that the company’s assets are used in a manner approved by management of the company.


Manages subordinate supervisors who supervise employees in the Finance, Field Services and Audit Departments. Is responsible for the overall direction, coordination, and evaluation of this unit. Also directly supervises non-supervisory employees. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.


To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Bachelor’s degree or equivalent; or more than 15 years related experience and/or training; or equivalent combination of education and experience.


Ability to read, analyze, and interpret the most complex documents. Ability to respond effectively to the most sensitive inquiries or complaints. Ability to write speeches and articles using original or innovative techniques or style. Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, public groups, and/or boards of directors.


Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.


Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, musical notes, etc.,) in its most difficult phases. Ability to deal with a variety of abstract and concrete variables.


The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to use hands to finger, handle, or feel.


The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.

Job ID: 2020-4185

External Company Name: Berkley

Street: 1 Acadia Commons



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