Assistant Controller - Star Life Insurance Company

Assistant Controller - 5

Star Life Insurance Company

Join to apply for the Assistant Controller role at Armed Forces Benefit Association
.

Base pay: $115,000 - $130,000 per year. Total compensation includes benefits and potential bonuses.

Armed Forces Benefit Association (AFBA) has supported military members since 1947. 5

Star Life Insurance continues the mission by providing life and health insurance tailored to service members, first responders, and their families. We offer a flexible hybrid work environment: 3 days in the Alexandria, VA office and up to 2 days remote each week.

We are seeking a highly skilled and motivated Life Insurance CPA to join our Finance and Accounting team as an Assistant Controller
. This critical role will support Statutory Accounting Principles (SAP) and GAAP reporting, ensuring compliance, accuracy, and timeliness across all financial and regulatory reporting requirements.

• Lead the monthly and quarterly accounting close process (GAAP & SAP), ensuring timely and accurate reporting.
• Implement and maintain compliance with new accounting standards and regulatory updates.
• Analyze financial fluctuations and identify key drivers.
• Develop and manage short-term liquidity forecasts to optimize cash flow and investment opportunities.
• Ensure consistency and accuracy in SAP & GAAP reporting schedules and footnote disclosures.
• Oversee financial audits, collaborating with external auditors and internal teams.
• Identify and implement process improvements to enhance efficiency and accuracy.
• Strengthen internal controls and support policy development with the Controller.
• Participate in special projects and ad-hoc financial analysis.

• Education & Certification: Bachelor’s degree in Accounting (required); CPA certification (required).
• Experience: 10+ years of progressive experience in Life & Health Insurance accounting and financial reporting (SAP & GAAP); proven leadership experience in supervising and developing accounting staff.
• Skills & Knowledge: Deep understanding of SAP and GAAP insurance accounting principles, Blue Book, and audited financial statements;
  Advanced Excel skills (VLOOKUP, Pivot Tables, SUMIF);
  Experience with INFOR General Ledger and Prophix reporting tools;
  Strong analytical and problem-solving abilities;
  Excellent communication and interpersonal skills;
  Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

This is a hybrid role requiring onsite presence in our Alexandria, VA office three days per week.

• Health insurance (medical, dental, vision)
• Flexible spending accounts (medical, dependent care)
• 401(k) plan with generous employer match
• Paid time off and paid holidays (12)
• Life and disability insurance
• Employee assistance program
• Professional development & tuition reimbursement
• Career growth opportunities
• On-site gym and locker rooms (Alexandria, VA office only)
• Friendly, collaborative culture

Qualified people of all races, ethnicities, ages, sex, genders, sexual orientations, national origins, gender identities, marital status, religions, veteran status, disabilities, and any other protected classes are strongly encouraged to apply. AFBA and 5

Star Life Insurance Company are committed to creating an inclusive environment for all employees. AFBA and 5

Star Life Insurance Company endeavors to make reasonable accommodations to the known physical or mental limitations of qualified applicants with a disability unless the accommodation would impose an undue hardship on the operation of our business. If an applicant believes they require such assistance to complete the application or to participate in an interview, or has any questions or concerns, they should contact Human Resources ().

EEO is the Law. AFBA and 5

Star Life Insurance Company is an Equal Opportunity Employer and an E-Verify Employer.