Head of Capital Management
Finance/Accounting Identifiant de l’emploi 2025-16110 Emplacement principal: Norwood, Massachusetts 12/19/2025 Échelle salariale d’embauche: $280,000 - $402,500Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.
The Head of Capital Management is a senior executive responsible for optimizing capital deployment, leading M&A strategy, and overseeing treasury operations to drive sustainable growth and policyholder value, ensuring long-term financial strength and surplus adequacy. This role partners closely with the CEO, CFO, and CLO to shape financial strategy and ensure disciplined capital management. The role will have interactions with the Board of Directors and rating agencies.
Capital Allocation: Develop frameworks for deploying capital to maximize value, support policyholder dividends/credits, and maintain required capital levels, in order to balance growth investments with risk-adjusted returns.
M&A Strategy: Develop M&A capabilities/team, lead deal lifecycle planning, due diligence, integration, and post-merger capital optimization.
Treasury Oversight: Manage liquidity, funding, and risk; ensure treasury supports strategic transactions and long-term financial health.
Align capital decisions with corporate strategy, investor expectations, and market dynamics.
Capital Allocation and Management
Design and implement a robust capital allocation framework, including hurdle rates, ROI metrics, and accountability measures.
Monitor and optimize capital structure to balance growth investments and liquidity needs.
Collaborate across departments to evaluate risks and opportunities, and establish a decision-making framework to guide the company in pursuing external growth.
Mergers and Acquisitions
Build M&A capabilities, including pipeline development, due diligence, valuation, and integration planning in partnership with relevant teams.
Partner with key internal stakeholders to confirm alignment of potential acquisitions with business objectives and financial performance targets.
Develop relationships with external advisors, including banks and consultants.
Stay ahead of industry trends by developing insights into related M&A activities.
Coordinate interactions across key corporate functions (e.g., operations, claims, tax, legal,finance, IT and HR) during due diligence and transaction execution.
Treasury Operations
Oversee global treasury functions, including cash management, funding strategies, and risk mitigation.
Develop policies for liquidity, foreign exchange, and interest rate risk management.
Strategic Leadership
Serve as a key advisor to the executive team on capital deployment and financial strategy.
Drive initiatives that enhance shareholder value through disciplined investment and portfolio optimization.
Governance & Compliance
Ensure adherence to regulatory requirements and internal controls related to capital and treasury activities.
Report regularly to the Board on capital allocation outcomes and strategic investment performance.
Bachelor's degree or equivalent, MBA or other advanced degree preferred.
CPA, CTP or CFA a plus.
10 years of experience leading M&A transactions within the insurance, banking or finance sectors.
Strong business acumen of capital and currency markets, M&A, and finance.
Excellent analytical, interpersonal, communication and presentation skills.
Extensive knowledge of corporate finance principles, with proven experience in managing complex transactions.
Demonstrated project management and planning capabilities, including identifying critical issues early and coordinating with senior leadership.
Exceptional executive presence, strong interpersonal skills, and the ability to influence and collaborate effectively with senior leadership.
The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM's comprehensive Total Rewards program that includes an incentive plan, generous health and well-being program (including medical, dental and vision coverage), a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowance, and much more!
FM is an Equal Opportunity Employer and is committed to attracting, developing and retaining a diverse workforce.