Vice President of Finance Operations

Position Summary

Responsible for leading the insurance operations accounting function for Alta Group Management's insurance entities (Unified Life Insurance Company and Alta Life and Annuity Company) from Indianapolis. Oversees a team responsible for statutory financial reporting, cash management, daily reconciliations, premium accounting, and operational accounting across both entities. Serves as primary resource for technical accounting research and ensures compliance with Statutory Accounting Principles.

Coordinates with the New York-based investment accounting team on consolidated financial reporting, intercompany settlements, and enterprise-wide internal controls. Plans, performs, and reports on annual audits of various third party administrators.

Responsible for leading the insurance operations accounting function for Alta Group Management's insurance entities (Unified Life Insurance Company and Alta Life and Annuity Company) from Indianapolis. Oversees a team responsible for statutory financial reporting, cash management, daily reconciliations, premium accounting, and operational accounting across both entities. Serves as primary resource for technical accounting research and ensures compliance with Statutory Accounting Principles.

Coordinates with the New York-based investment accounting team on consolidated financial reporting, intercompany settlements, and enterprise-wide internal controls. Plans, performs, and reports on annual audits of various third party administrators.

• Responsible for overseeing all aspects of insurance operations accounting across both entities, including premium accounting, policy liabilities, claims reserves, reinsurance settlements, cash management, and treasury services.
• Ensure the accurate and timely filing of the annual/quarterly statements with the NAIC, AM Best, and MCAS for both Unified Life Insurance Company and Alta Life and Annuity Company, including all applicable state-specific filing requirements.
• Primary point of contact for external and/or regulatory audits.
• Manage the preparation of audited financial statements and disclosures.
• Oversee banking and TPA relationships; coordinate with the New York investment accounting team on custodial matters and investment-related settlements.
• Review monthly and quarterly financial reporting packages and supporting reconciliations.
• Research new (and/or modify) existing accounting pronouncements to ensure the Companies compliance with Statutory Accounting Principles (SAP) and that all new accounting standards are accurately adopted.
• Provide ongoing guidance on accounting implications of new products or proposed transactions.
• Directly manage and develop the Indianapolis-based finance team; set goals, delegate work, and provide ongoing coaching and performance management.
• Manage and perform the annual on-site audits of multiple third party administrators.
• Partner with the New York investment accounting team on intercompany positions, investment income allocations, and consolidated reporting packages
• Support preparation of consolidated financial statements across Alta Group Management entities; maintain intercompany eliminations and assist with group-level reporting requirements.
• Collaborate with New York counterparts for control oversite, design and maintain a robust internal control environment over insurance operations accounting.
• Serve as primary contact for state insurance department financial examinations across both entity domiciles; coordinate regulatory responses and exam management.
• Complete ad hoc requests from management as assigned.

• Bachelor’s degree in Accounting or Finance required, CPA Preferred.
• 8+ years of related experience in the life insurance industry…