Generating in excess of $1 billion in annual revenues, Pacific Blue Cross (PBC) has been British Columbia's leading benefits provider for over 75 years. Along with its subsidiary BC Life & Casualty Company, PBC provides health, dental, life, disability and travel coverage to nearly 1.5 million British Columbians through 8,000 employee group plans and through individual plans for those who do not have coverage with an employer. Both companies work collaboratively to respond to customers’ evolving needs in plan design, administration and technology. Together they strive to set the service standard against which all other providers are measured.
Given the recent appointment of the sitting CFO into the CEO role, an opportunity exists for a strategic financial and talented team leader to materially contribute to an organization that makes a positive difference in the lives of 1 in 3 British Columbians.
Working closely with the Audit and Risk Committee of the Boards, and as a key member of the Executive Leadership team, the CFO will ensure that the organization has the requisite systems, accounting, reporting and budgeting processes in place to ensure best practice across the organization As a natural and practiced relationship developer, the CFO will create connections with organizational leadership, Board Members, regulators, investment managers and existing and potential partners. He/she will act as a trusted advisor on planning, budgeting and strategic decision-making while providing sage counsel to the revenue generating components of PBC, including acting as Chief Investment Officer. He or she will also oversee the risk, actuarial and underwriting functions of the organization.
The ideal candidate is a broad and seasoned financial leader, likely a CPA but alternatively one who brings an actuarial designation from the Canadian Institute of Actuaries, or equivalent. This leadership experience could come from an organization involved in or related to benefits and insurance coverage but could also have been gained in an organization characterized by financial complexity, a highly competitive environment and high volume of transactions.
The CFO will be joining the organization at an excellent time. With its lengthy and solid foundation, and highly trusted brand, this leader will join a strong, nimble and open Executive Leadership Team embarking on aggressive goals amidst a shifting competitive landscape. This CFO opportunity is among the most exciting and challenging in the province. It represents an opportunity for a highly talented financial leader to help lead a billion-dollar BC-based company and make a significant contribution to the well-being of nearly 1.5 million British Columbians.