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Job description
Description Department: Corporate Finance
Job Type: Regular Full Time
Required Years Experience: 10
Church Pension Group (CPG) is a financial services organization that serves the Episcopal Church, located in Midtown Manhattan. CPG was founded in 1917 to provide pension benefits to eligible clergy of the Episcopal Church. Since then, its mission has expanded to include life and disability insurance, health benefits, property & casualty insurance, and publishing.
The VP Finance Officer is responsible for optimizing the organization’s financial performance through integrated business finance, capital planning, liquidity management, balance sheet strategy, and financial governance. This leader partners closely with executive leadership and business units to ensure financial decisions maximize enterprise value while maintaining strong capital and liquidity positions.
The role serves as the steward of the organization’s financial health through disciplined financial management and regulatory compliance. It also supports the calculation and financial evaluation of reinsurance programs, including their capital, liquidity, and risk-transfer implications.
The VP partners closely with the Business, Actuarial, Financial Planning & Analysis (FP&A), and Accounting teams to translate business strategy and actuarial decisions into cohesive, accurate, and insightful financial analysis and reporting for executive management and the Board of Directors.
P&C Insurance Experience Required
ESSENTIAL DUTIES AND RESPONSIBILITIES
Other duties may be assigned.
Capital & Liquidity Management
Oversee regulatory capital framework, including capital adequacy, and stress testing in collaboration with the business and actuarial teams
Monitor and manage liquidity position to ensure sufficient resources under normal and stressed conditions in collaboration with the claims and investment teams
Develop and maintain capital forecasting models in collaboration with FP&A and the business
Provide financial oversight and assess the reasonableness of reserves established by the Actuarial team
Support financial analysis over reinsurance strategy, including structuring, placement, and performance monitoring
Evaluate reinsurance programs to understand capital impact and risk transfer
Regulatory & Statutory Oversight
Provide support with all regulatory capital, liquidity, and reporting requirements
Oversee preparation and review of statutory filings and regulatory submissions in collaboration with the accounting teams
Serve as a liaison with regulators on financial strength, solvency, and capital-related matters
Monitor emerging regulatory developments and assess impact on the organization
Collaborate with FP&A to deliver integrated financial insights and analysis for senior management and the Board
Partner with Accounting to ensure alignment between statutory, GAAP, and management reporting perspectives
Support Board materials and executive presentations related to capital, liquidity, and financial strength
Enhance governance, controls, and documentation around capital and regulatory processes
Effective performance of the essential functions of this position requires regular in-person, on-site interaction with colleagues, both for purposes of relationship building and meaningful collaboration.
Other duties may be assigned.
Qualifications
Deep understanding of capital frameworks, liquidity management, and regulatory environments
Strong knowledge of statutory accounting and financial reporting principles
Strategic thinker with the ability to translate complex financial concepts into clear insights
Excellent collaboration and influencing skills across finance functions
High attention to detail with strong analytical and problem‑solving capabilities
Strong communication and presentation skills
Education & Experience
Bachelor’s degree in Finance, Accounting, Economics, or related field (MBA or advanced degree preferred)
15+ years of experience in finance or accounting, with significant exposure to capital management,reserves, reinsurance,and regulatory reporting
P&C insurance experience required
5+yrs managerial experience required.
CPA required
PHYSICAL DEMANDS
Extensive use of a computer keyboard is a demand of the position to perform the essential functions of this job successfully.
WORK ENVIRONMENT
Currently, hybrid work environment, which requires working in CPG's office Tuesdays through Thursdays and flexibility to work remotely on Mondays and Fridays. Church Pension Group employees must maintain a professional, compassionate, and trustworthy work environment always. Reasonable accommodations may be made to enable someone with a disability to perform the essential functions of the job within this environment.
Salary Range: $200,000- $230,000
Join us and Create A Better Future For Yourself!
Medical (including Vision)
Core Benefits Automatically Provided To Eligible Employees
Employer funded defined benefit pension plan (five year vesting)
Employee Life Insurance
Spouse and Dependent Life Insurance
Accidental Death and Dismemberment (AD&D) Insurance
Short-Term Disability (STD) coverage
Long-Term Disability (LTD) coverage (elected as either pre-tax or after-tax)
Business Travel Accident Insurance
Worker’s Compensation
Employee Assistance Program
Retiree health insurance (eligible after 10 years)
Retiree life insurance
401(k) with matching contributions (immediate vesting)
Flexible Spending Accounts (FSAs)
New York's 529 College Savings Program (NY State residents)
Educational Assistance Program available to eligible employees
Parental Leave available to eligible employees
Time Off available to eligible employees: Vacation, Sick, Personal and Holidays
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire. Please understand that, as a general policy, CPG does not sponsor visas.
CPG is an equal opportunity employer. We are committed to fair hiring practices and do not discriminate against job applicants or employees based on any protected characteristics. We also celebrate diversity and are committed to creating an inclusive environment for all employees.
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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.