Financial Controller – Life and Annuity Insurance

Key Responsibilities

• Lead monthly, quarterly, and annual financial close processes, including journal entries, account reconciliations, and financial statement preparation.
• Prepare financial statements and disclosures under US GAAP and statutory accounting principles (SAP).
• Oversee accounting for life insurance and annuity products, ensuring accurate recording of premiums, claims, and policyholder account balances.
• Partner with actuarial teams to reconcile insurance contract liabilities and maintain clear ownership of actuarial calculations.
• Coordinate timely preparation of NAIC annual and quarterly statements and maintain internal controls over financial reporting.
• Manage, develop, and coach the accounting and reporting team, establishing clear responsibilities and documentation standards.

Key Requirements and Technology Experience

• 8–12 years of progressively responsible accounting and financial reporting experience, with substantial experience in life insurance, annuities, or life reinsurance.
• Bachelor’s degree in accounting, finance, or a related discipline.
• Certified Public Accountant (CPA) designation or equivalent professional accounting qualification.
• Strong knowledge of US GAAP, statutory accounting principles, and NAIC financial statement reporting.
• Practical experience with insurance liabilities, policyholder transactions, and investment accounting.
• Experience leading a financial close and reporting function, with team management or supervisory responsibility.
• Public accounting or insurance audit experience.
• Experience with US GAAP long-duration insurance accounting and risk-based Client reporting.
• Experience implementing financial reporting systems or improving insurance finance processes.