Job Details

Job Summary:
The Controller plays a critical role in safeguarding the organization’s financial health by overseeing the general ledger, ensuring the accuracy of financial statements and maintaining compliance with all regulatory requirements. The Controller supports this function through the preparation of monthly, quarterly, and annual financial statements, investment accounting, year-end audit readiness, and calculation of the Asset Valuation Reserve (AVR) and Interest Maintenance Reserve (IMR).
This role also requires developing a foundational understanding of reserve calculations for life and annuity products. As the organization grows, the Controller is expected to assume increased leadership responsibilities, including the potential supervision and development of finance staff.

Responsibilities:

• Prepare, review, and analyze monthly, quarterly and annual statutory financial statements.

• Ensure financial reporting complies with NAIC Statements of Statutory Accounting Principles and applicable regulatory requirements.

• Prepare and submit required statutory filings to the NAIC and state insurance departments.

• Prepare financial schedules and supporting documentation for management, board reporting and rating agencies.

• Facilitate the timely and accurate preparation and submission of all required regulatory filings.

• Monitor, process, and reconcile periodic assessments, fees, and regulatory payments related to the NAIC and state agencies.

• Maintain documentation to support regulatory examinations and inquiries.

• Manage and maintain the general ledger, ensuring accuracy, completeness and timely close processes.

• Perform investment accounting, including reconciliation and reporting of the investment portfolio.

• Calculate and maintain the Asset Valuation Reserve and Interest Maintenance Reserve.

• Develop and maintain a foundational understanding of reserve calculations for life and annuity products in coordination with actuarial partners.

• Complete monthly account reconciliations and maintain accurate asset accounting records.

• Oversee treasury operations, including ACH processing, positive pay files, wire transfers and stop payment requests through online banking platforms.

• Coordinate interim and annual external audits and serve as the primary liaison with independent auditors.

• Collaborate with consulting actuaries, asset managers, and regulators to support financial and statutory reporting needs.

• Ensure audit readiness through maintenance of supporting schedules, reconciliations and documentation.

• Provide functional guidance, training and review of accounting activities performed by finance staff.

• Participate in the development of accounting procedures, documentation and internal controls in preparation for future team expansion.

• Facilitate budget preparation, monitoring and variance analysis.

• Partner with department leaders to support accurate forecasting and financial planning.

• Review daily, monthly, and annual accounting activities to ensure consistency and accuracy.

• Act as a backup for key finance functions, including daily premium reporting, accounts payable and check processing.

• Participate in special projects, system implementations and process improvement initiatives as assigned.

Requirements:

• Bachelor’s degree in Accounting, Finance or a related field

• 5+ years of progressive experience in accounting or financial reporting, preferably within the insurance industry

• Knowledge of statutory accounting principles and NAIC reporting requirements (preferred)

• CPA certification or equivalent experience (preferred)

• Insurance-related designations (e.g., FLMI) (preferred)

• Strong organizational skills and exceptional attention to detail

• Ability to analyze, interpret and synthesize complex financial data

• Solid understanding of cash management and treasury practices

• Self-directed with strong time management and prioritization skills

• Demonstrated integrity and ability to maintain confidentiality

• Proficiency in creating charts, graphs and analytical presentations in Excel

• Collaborative mindset with the ability to work effectively across departments

Pay Range:
The anticipated pay range for this position is $90-120k.
We understand salary is an important factor in a job search, and we encourage you to apply even if you feel that your desired compensation may fall outside of the listed range. The final pay for this position is determined based on several factors including but not limited to, relevant experience, skills and certifications, education and training, geographic location, market conditions, and internal equity.
We are committed to finding the right candidate for this role and are open to discussing how your unique qualifications align with our needs.

Contact:
Janet Foor
jfoor@jacobsongroup.com