Virtual Roundtable
February 14, 2024
16:30 - 18:00 - EST
The Changing Role of CFOs in the Insurance industry: From Balance Sheet To Balancing Acts In The Post-COVID And Digital-First World
The insurance industry has experienced more than its fair share of challenges in recent times, and CFOs have the unenviable task of navigating their organizations through choppy waters. Low interest rates, increasing longevity, regulatory requirements, competition from insure-tech players, changing consumer preferences, cyber security threats and Covid-19 related uncertainties have collectively challenged most companies.
According to the Everest Group Global CFO Survey 2020 (supported by WNS), CFOs recognize the need to build a long-term strategy to enable businesses to remain relevant, agile and viable as they come out of the pandemic. As strategic leaders, CFOs are now busy building a digitally enabled finance function. 49% of CFOs are considering increasing adoption of digital technology to improve productivity, customer experience, and controls. CFOs are investing in technology, best-in-class processes, data analytics, talent and global operating models to enhance the maturity of their finance shared services.
In this roundtable, finance leaders and peers from the insurance industry will get together to share their experience, challenges and strategies for answering the following questions:
- How has the role of the CFO evolved from being a back office – number crunching entity to becoming a strategic business partner? And how are CFOs getting ready for this shift?
- How are you embracing digital automation to drive finance transformation?
- How are you leveraging finance analytics to deliver strategic insights for the business?
- What are you doing to enhance internal / external stakeholder experience?
- How are you strengthening controls and compliance framework across finance?
- How are you managing talent gaps and budgetary constraints to meet ever-increasing expectations from Finance?
Moderator/Host
Executive Leaders Network
This is an interactive discussion for senior leaders moderated by Executive Leaders Network.
The session will provide insights throughout, offer you the chance to discuss the landscape and challenges with peers/experts and ask questions to the wealth of knowledge and experience in the virtual room.
Carol Macaluso - Head of Finance Business Operations
Equitable
Strategic Management professional with significant accomplishments and results building high performance teams and developing and transforming Finance operating models and financial plans to shape business strategy and create value. Proven ability to increase revenues by reducing expenses without compromising on integrity, business ethics or risk management discipline.
Manish Vohra - Executive Vice President, North America
WNS
Manish is a diversified professional with 25 years of successful track record in challenging leadership roles. He has deep understanding of enterprise wide issues and risks with an ability to strategize and execute. Manish has a proven track record of forging strong CXO level relationships and experience of working with clients across the world.
