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Insurance Group Controller

Indigo Horizons Inc

Boca Raton, florida


Job Details

Full-time


Full Job Description

Position Summary:

The Insurance Group Controller is a hands-on position that provides guidance and oversight to the

insurance accounting team. Lead by the Insurance Group Controller, this team provides a wide variety of

financial reporting and analysis to support the Company’s regulatory, operational, and reinsurance

reporting requirements. Ideal candidates will have experience with both statutory and GAAP financial

reporting for property and casualty insurers, in depth knowledge of reinsurance accounting and

reporting, as well as a proven track record of managing and developing insurance accounting talent. The

Insurance Group Controller will be based in our Boca Raton, Florida home office and oversees a team of

both in-office and remote team members.

Essential Functions:

• Lead and develop a high performing team in support of current and future talent needs to

support a growing organization and accounting function

• Manage the month-end, quarter-end and year-end closing processes

• Production of complete, accurate, and timely GAAP and statutory based financial statements,

and financial based regulatory compliance reporting

• Prepares a monthly insurance close package for executive management that includes financial

statements and supporting written analysis.

• Development and maintenance of the internal control environment, ensuring on-going

compliance with key internal control procedures and regulatory compliance

• Make certain that all accounts are reconciled each month and that any discrepancies are

appropriately resolved in a timely manner

• 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 in support of current or planned business objectives

and strategies

• Collaborate with other departments to provide financial insights and support decision-making

processes

• Facilitate the annual external audit and tax compliance reporting processes

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They

are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel. All personnel may be required to

perform duties outside of their normal responsibilities from time to time, as needed.

Required Education and Experience:

• Bachelor’s degree in accounting, with 10 years of directly related experience

• Experience must include significant participation in leadership roles within a property & casualty

insurance

• 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

• Demonstrated knowledge of accounting principles, practices, and standards

• Experience working in a challenging, fast-paced, team environment

Essential Skills:

• Strong analytical and problem-solving skills

• Ability to work independently and in team settings

• Excellent written and verbal communication skills

• The ability to manage multiple priorities while adhering to established deadlines and timetable

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