Controller, Finance & Banking, Financial Compliance

Overview

The Controller directs the statutory and regulatory financial affairs of our organization, responsible for all statutory accounting, statutory financial statements, statutory audits, capital management and financial metrics, L&H blue book and regulatory financial filings, financial data calls and taxes (premium, federal and state).

• Ensure Company’s financial statements are accurate, complete and in compliance with Statutory and regulatory requirements, including but not limited to:
• Collaborating with Actuarial on Reserve and Loss estimates and reserves.
• Premium revenue recognition policies.
• Working closely with Compliance to address all financial regulatory needs.
• Quarterly and annual statutory reporting at a detailed level.
• Lead and deliver on annual Statutory audits.
• Manage statutory capital levels and model financial health metrics (e.g. BCAR, RBC, others) on a plan, forecast and actual basis.
• Develop work papers and models to properly account for and monitor all components of the Statutory financial statements.
• Manage outsourced preparation of GAAP and Statutory tax provisions.
• Manage and monitor state deposits.
• Manage timely responses to financial data calls.

• Bachelor’s degree in accounting or finance preferred or equivalent combination of education and experience.
• A minimum of 12-years of relevant public accounting or industry experience is required.
• A minimum of 8-years of L&H insurance experience is required.
• A minimum of 5-years of people management experience is preferred.
• Strong experience and proficiency in statutory-basis (SSAP) accounting.
• Demonstrated understanding of insurance financial operations, reinsurance, and premium is required.
• Excellent verbal and written communication skills with the ability to interact with internal and external customers.
• Capable of developing a team and training / mentoring team members to enable them to perform their required responsibilities accurately, efficiently and independently.
• Able to direct the activities of the team and comprehend the financial position and results of operations without being drawn into too granular of a level of detail and without becoming a mere process performer.
• The ability to drive team members to have the professional courage to suggest and implement process improvements and automations and instill the sense of process ownership to team members.
• Advanced awareness of workflow, and project tradeoffs to make decisions based on needs now and into the future.
• Advanced problem solving skills, to be able to manage complex situations with multiple layers, and resolve to solution anticipating the needs of a high-growth organization.
• Experience with Wings Plus/Sovos and FIS preferred.
• Ability to apply technical accounting knowledge to real-world business transactions.
• Ability to develop, implement and document effective internal controls.
• Self-starter and self-motivated to work independently in a fast-paced environment.
• Organized, detail-oriented and deadline-driven.
• Strong Excel skills and ability to work with large data sets.
• Competitive salary compensation with bonus opportunities