Group Controller (P&C Insurance) at Criterion Executive Search

Group Controller

• Boca Raton Florida
• Property & Casualty Insurance experience required
  Up to 200K Salary + annual Bonus
• Hybrid…4-day in-office work weeks….work from home on Fridays
• You’ll directly manage an Accounting Manager, 3 STAT Accountants, 1 Staff Accountant, 1 Business Systems Admin and 1 Claims Services Support Rep

RESPONSIBILITIES

• The Insurance Company Group Controller provides guidance and oversight to the insurance accounting team. 
• This team provides financial reporting and analysis to support the Company’s regulatory, operational and reinsurance reporting requirements. 
• Lead and develop a high performing team
• Manage the month-end, quarter-end and year-end closing processes
• Production of GAAP and statutory based financial statements, including consolidations and financial based regulatory compliance reporting
• Development and maintenance of the internal control environment, ensuring on-going compliance with key internal control procedures and regulatory compliance
• Reconcile Accounts each month and ensure that any discrepancies are appropriately resolved
• Ensure accurate and timely reporting and billing in accordance with reinsurance contracts
• Oversee the development and maintenance of reporting necessary to support financial reporting from both policy administration and claims management systems
• Provide various financial analysis as needed
• Collaborate with other departments to provide financial insights and support decision-making processes
• Facilitate the annual external audit and tax compliance reporting processes

EXPERIENCE REQUIREMENTS

• Ideal candidate will have experience with both statutory and GAAP financial reporting for property and casualty insurers, in depth knowledge of reinsurance accounting and reporting, and 10+ years  managing and developing insurance accounting talent. 
• Bachelor’s degree in Accounting
• Working knowledge of reinsurance contracts and their accounting implications
• Working knowledge of Federal income taxation of property & casualty insurers
• Advanced knowledge of technology used by insurance businesses and/or financial systems