Director of Treasury & Investment Management (Hybrid)

At Utica National Insurance Group, 1,400 employees countrywide take our corporate promise to heart every day: To make people feel secure, appreciated, and respected.

Utica National Insurance Group is an "A" rated $2.0B award-winning, nationally recognized property & casualty insurance carrier.

Operating along the Eastern half of the United States, based in our Home Office in Central New York, with Regional Office locations including NYC, Dallas and Charlotte.

• →Partner with CFO, Finance Committee, and external advisors to develop, recommend, and maintain the enterprise investment strategy, ensuring: Company’s risk appetite, Long-term objectives of a Mutual insurer.
• →Oversee investment operations and controls for a ~$4B portfolio.
• →Coordinate with external asset managers, custodians, and investment advisors.
• →Monitor investment performance, compliance, and operational risks.
• →Oversee Credit & Collections team for $2B of annual premium.
• →Manages enterprise Distribution Center.
• →Oversee enterprise-wide liquidity management, including operating cash, claim payments, collateral, and investment settlement activity.
• →Ensure sufficient liquidity under adverse scenarios, including catastrophe events and market stress, leveraging cash generated from a laddered portfolio, as well as lines of credit.
• →Support capital planning and capital adequacy analysis in coordination with finance, risk, and actuarial teams.
• →Evaluate and execute capital actions, including dividends from subsidiaries to mutual parent, surplus notes, debt issuance, and capital contributions, as needed.
• →Partner with executive leadership, as well as BOD Subcommittees on balance sheet optimization and return on capital objectives.
• →Manage exposure to interest rate, credit, counterparty, and market risks.
• →Oversee collateral management.
• →Support enterprise risk management (ERM), ORSA, and economic capital processes.
• →Manage relationships with banks, custodians, rating agencies, and capital markets participants.
• →Negotiate and maintain credit facilities, letters of credit, and other financing arrangements.
• →Oversee treasury-related contracts and counterparty agreements.
• →Support regulatory filings and examinations related to liquidity, investments, and capital.
• →Participate in rating agency presentations and discussions (AM Best, S&P, Moody’s, Fitch).
• →Ensure treasury activities comply with insurance regulations, internal policies, and governance standards.
• →Provide treasury leadership on M&A, divestitures, and strategic initiatives.
• →Assess funding, liquidity, and capital implications of transactions.
• →Support integration planning for acquired entities.
• →Performs other duties as assigned.
• →Conforms with all corporate policies and procedures.

We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay, comprehensive benefits packages, career advancement and challenging work opportunities. We offer a Comprehensive Benefits Plan for full time employees that include the following:

• →Medical and Prescription Drug Benefit
• →Dental Benefit
• →Vision Benefit
• →Life Insurance and Disability Benefits 
• →401(k) Profit Sharing and Investment Plan (Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)
• →Health Savings Account (HSA) 
• →Flexible Spending Accounts 
• →Tuition Assistance, Training, and Professional Designations
• →Company-Paid Family Leave
• →Adoption/Surrogacy Assistance Benefit
• →Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
• →Student Loan Refinancing Services
• →Care.com Membership with Back-up Care, Senior Solutions
• →Business Travel Accident Insurance
• →Matching Gifts program
• →Paid Volunteer Day
• →Employee Referral Award Program
• →Wellness programs
• →Personal Insurance Discount

This position is a full time salaried, exempt (non overtime eligible) position.

As part of our hiring process, candidates who have accepted a formal offer must be willing to undergo a comprehensive background check and drug screen; additional screening for credit or MVR may be required for some positions.

Utica National is an Equal Opportunity Employer.

Apply now and find out what it’s like to be a part of an amazing team, thrive in an exciting environment and work for a company you can be proud of. Once you complete your application, you can monitor your status in the hiring process by logging into your profile. A representative from our Talent Acquisition team will be in touch regarding any change in your candidacy. 

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