November 29, 2020

AVP, Divisional Controller


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Job Title: AVP, Divisional Controller
Location: Norwalk, CT
Hiring Company: Jobleads

The Divisional Controller is ultimately responsible for the books and records of an entire block of business within a Wilton Re entity. They will be responsible for the preparation of journal entries and reconciliations for monthly and quarterly close, and the documentation and monitoring of certain relevant internal controls for SOX compliance. Will prepare work papers and assist in the preparation of financial statements and footnotes in accordance with both Statutory and US GAAP, with a focus on Statutory.

  • Manage most aspects of quarterly close process related to the responsible block of business, both Statutory and GAAP, including:
  • Preparation of journal entries
    • Statutory
    • Corporate
    • GAAP adjustments to Statutory accounting
    • Ad hoc
  • Performance of Balance Sheet tie out and various other internal control work
  • Analysis and preparation of actual results, quarterly trend analysis, and communication of results to senior management
  • Perform Trust analysis and reporting to external parties
  • Continuous process improvements, including identification and implementation of opportunities for process and control enhancements
  • Responsible for the preparation and related filing of:
  • Quarterly and Annual Statements (Bluebook)
  • Participate in annual internal and external audits, as well as DOI examinations as needed
  • Work for a small organization in terms of head count, will have the opportunity to work across departments and with various Third-Party Administrators (TPAs) and vendors as needed
  • Opportunity to assist in conversion and integration of newly acquired blocks of business
  • Perform other related duties as required, based on the changing goals and objectives of the department and organization

Required Qualifications

  • Fundamental understanding of US GAAP and US Statutory accounting principles
  • Life insurance (reinsurance) experience, including statutory Bluebook reporting
  • Strong interpersonal and communication skills
  • Strong analytical capabilities and good organizational skills
  • Motivated with ability to take initiative and manage competing priorities while consistently hitting deadlines
  • Proficiency in Microsoft Office Suite, particularly Excel and SharePoint
  • US GAAP financial reporting and/or Life insurance tax accounting experience a plus
  • Experience with WINGS software a plus

Required Education / Certifications

  • BS or BA in
  • Accountancy preferred
  • Mathematics or other with equivalent accounting experience

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