Professional Overview
Tim Macaleese is a seasoned financial executive with over 25 years of experience in the insurance industry. As the Senior Vice President and Chief Financial Officer at James River Insurance Company and Falls Lake Insurance Companies, he oversees all financial operations, strategic planning, and risk management for the two organizations.
Experience Summary
Current Role
Since 2018, Mr. Macaleese has served as the Senior Vice President and Chief Financial Officer for James River Insurance Company and Falls Lake Insurance Companies. In this dual role, he is responsible for managing the financial affairs, including budgeting, reporting, and forecasting, for both insurance groups. Under his leadership, the companies have achieved significant growth and improved financial performance.
Career Progression
Prior to his current positions, Mr. Macaleese held the role of Chief Financial Officer at Elephant Insurance from 2008 to 2018, where he played a pivotal role in the company's expansion and operational efficiency. Earlier in his career, he held senior-level finance positions at Gartner, MarketBridge, and The Lucas Group, leveraging his expertise in financial analysis, strategic planning, and risk management to drive positive business outcomes.
Academic Background
Mr. Macaleese holds a Bachelor of Science degree in Accounting from the University of Virginia. He is also a Certified Public Accountant, demonstrating his deep technical expertise in the financial domain.
Areas of Expertise
- Insurance industry financial management
- Strategic planning and risk mitigation
- Financial reporting and analysis
- Budgeting and forecasting
- Mergers and acquisitions
- Project management and process optimization
Professional Impact
Throughout his career, Mr. Macaleese has been recognized for his ability to drive financial performance and operational excellence. He has led successful initiatives to improve financial reporting, optimize business processes, and enhance risk management practices, resulting in increased profitability and shareholder value for the organizations he has served.
Conclusion
With his extensive experience, strong financial acumen, and proven track record of success, Tim Macaleese is a valuable asset to James River Insurance Company and Falls Lake Insurance Companies. His strategic vision and leadership continue to play a crucial role in the growth and financial stability of both organizations.