Assistant Controller

Assistant Controller

The Assistant Controller plays a critical role in the financial reporting and accounting operations of the P&C insurance organization. This position supports the department in managing statutory and GAAP reporting, ensuring compliance with regulatory requirements, overseeing close processes, and strengthening internal controls. The ideal candidate brings strong insurance accounting expertise, leadership capability, and hands-on technical depth in P&C insurance operations.

Key Responsibilities

Financial Reporting & Close

• Assist in overseeing the monthly, quarterly, and annual close processes, ensuring accuracy, timeliness, and completeness
• Oversee preparation of and review GAAP and statutory financial statements, schedules, and supporting documentation
• Ensure proper accounting and reporting of P&C-specific items such as:
• Loss and LAE reserves (including coordination with actuarial)
• Unearned premium reserves
• Reinsurance (ceded and assumed)
• Deferred acquisition costs (DAC)
• Support preparation of management reporting, variance analyses, and financial insights for senior leadership

Regulatory & Statutory Compliance

• Support statutory reporting requirements in compliance with NAIC guidelines and state insurance departments
• Assist with preparation and filing of statutory annual and quarterly statements
• Coordinate with regulators, external auditors, and internal audit as needed
• Monitor changes in statutory accounting principles and regulatory requirements impacting P&C insurers

Internal Controls & Audit

• Help design, maintain, and enhance internal controls over financial reporting
• Support SOX (if applicable), internal audits, and external audits, including audit readiness and issue remediation
• Ensure accounting policies are documented, current, and consistently applied

Leadership & Process Improvement

• Manage, mentor, and develop accounting staff as assigned
• Review work performed by staff for quality and compliance
• Identify and implement process improvements, system enhancements, and efficiencies within accounting and reporting
• Partner cross-functionally with Actuarial, Underwriting, Claims, Reinsurance, and FP&A

Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.

Required

• Bachelor's degree in Accounting
• CPA required (or in active pursuit with clear timeline)
• 6–10 years of progressive accounting experience, with at least 3 years in P&C insurance
• Strong knowledge of:
• Statutory accounting (SAP)
• GAAP financial reporting
• NAIC statutory statements
• Insurance reserves and reinsurance accounting
• Proven experience with month-end close and financial statement preparation
• Advanced proficiency in Excel
• Position is hybrid to the Blue Bell location

Preferred

• Public accounting experience with insurance clients
• Experience with insurance accounting systems (e.g., Guidewire)
• Prior people management or team leadership experience
• Familiarity with SOX and internal control frameworks