Entity Controller, Statutory Accounting
We have partnered with our client in their search for an Entity Controller, Statutory Accounting Remote to lead statutory accounting, financial close, and regulatory reporting for a growing U.S. life insurance and annuity business.
This hands-on leader will establish scalable accounting processes and controls while supporting the transition to an independent finance infrastructure.
Key Responsibilities
- Lead monthly, quarterly, and annual close activities for the insurance entity.
- Prepare and review quarterly and annual statutory financial statements, including the Life, Accident & Health Annual Statement, commonly known as the Blue Book.
- Oversee Blue Book schedules, exhibits, interrogatories, financial statement notes, supplemental filings, and supporting workpapers.
- Ensure compliance with Statutory Accounting Principles, applicable regulatory requirements, and annual statement instructions.
- Coordinate regulatory filings and respond to requests from state insurance departments.
- Establish accounting policies, account reconciliations, close procedures, and internal controls.
- Develop accounting processes for annuity premiums, reserves, commissions, benefits, investments, and reinsurance.
- Reconcile general ledger balances to policy administration, actuarial, investment, and third-party administrator data.
- Support general ledger implementation, legacy data migration, and statutory reporting system development.
- Partner with finance, actuarial, investments, operations, technology, and external service providers.
- Support regulatory examinations, external audits, and product-launch readiness.
Required Qualifications
- Significant statutory accounting or controllership experience within life insurance, annuities, or retirement products.
- Demonstrated experience preparing or reviewing Blue Book annual and quarterly statements.
- Strong knowledge of U.S. insurance statutory accounting and regulatory reporting.
- Experience with insurance close processes, regulatory schedules, reconciliations, and internal controls.
- Understanding of accounting for reserves, premiums, commissions, benefits, investments, and reinsurance.
- Experience implementing or enhancing general ledger and statutory reporting systems.
- Ability to build processes and operate effectively in a hands-on, evolving environment.
- Strong technical accounting, analytical, leadership, and stakeholder-management skills.
About Korn Ferry
Korn Ferry unleashes potential in people, teams, and organizations. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers. To learn more, please visit Korn Ferry at www.Kornferry.com
