Case Study: Confidential CFO Search for a Leading Bermuda Reinsurer
The Challenge
A rapidly growing Bermuda-based life and annuity reinsurer, backed by a globally recognized alternative asset manager, engaged Acumen to identify a Chief Financial Officer to join its Executive Management Team.
The organization required a strategic finance leader capable of overseeing a complex regulatory and reporting environment spanning Bermuda, Cayman Islands, and U.S. reporting requirements. The successful candidate would need to provide executive-level leadership across financial reporting, capital management, regulatory engagement, corporate development initiatives, and stakeholder communications.
Key requirements included:
- Deep expertise in life and annuity insurance accounting and financial reporting
- Strong knowledge of Bermuda regulatory frameworks, including BSCR and Class E reporting
- Experience supporting capital management and strategic business initiatives
- Executive presence with the ability to engage boards, regulators, investors, and shareholders
- Proven leadership within finance, actuarial, or accounting functions
Acumen’s Approach
Acumen leveraged its specialized network across the insurance and reinsurance markets to identify leaders with a unique blend of technical expertise, regulatory knowledge, and executive leadership experience.
Given the highly specialized nature of the role and the limited talent pool within the Bermuda market, the search focused on professionals with:
- Reinsurance industry leadership experience
- Strong exposure to Bermuda statutory reporting and capital frameworks
- Experience working across finance, actuarial, and risk functions
- Board and investor communication experience
- Demonstrated success supporting transactions, capital planning, and organizational growth
The Solution
Acumen successfully identified and placed a highly accomplished finance executive with more than a decade of progressive leadership experience within the Bermuda reinsurance market.
Key qualifications included:
- CPA designation with extensive reinsurance industry experience
- Leadership across strategic finance, capital management, forecasting, and corporate development
- Deep expertise in U.S. GAAP, Bermuda regulatory reporting, and capital frameworks
- Proven success advising executive leadership and boards on strategic financial matters
- Experience supporting acquisitions, reinsurance transactions, and enterprise-wide financial planning
- Track record of building scalable finance infrastructure and improving operational effectiveness
The candidate brought a rare combination of technical depth, strategic thinking, and leadership capability, making them ideally positioned to help guide the organization through its next phase of growth.