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Insurance Controller, Annuity
Insurance Controller, Annuity job! Our Client is a growing Iowa based Insurance Company! They are a leading provider of various annuity products.
Outstanding role for an individual to enhance their career with a growing company. The Insurance Controller, Annuity job salary is $150k to $200k DOE. This Insurance Controller, Annuity job requires working at the Greater Des Moines, IA headquarters. Apply now for this exceptional Insurance Controller, Annuity job by following the instructions at the end of this Job description!
Job Responsibilities
GAAP Accounting and Reporting:
Develop and maintain accounting policies, while monitoring changes to ensure compliance.
Maintain the GAAP ledger and chart of accounts.
Track and monitor GAAP-specific items such as PGAAP, DAC amortization, and funds withheld embedded derivatives.
Prepare and post GAAP-specific journal entries, including Statutory to GAAP adjustments.
Prepare quarterly GAAP financial statements.
Consolidate the insurance and reinsurance accounting of the Client.
Statutory Accounting and Reporting:
Establish and monitor accounting policies for Statutory reporting.
Maintain the Statutory ledger and chart of accounts.
Post native ledger to Statutory adjustments and journal entries.
Prepare and submit monthly, quarterly, and annual statutory financial statements (Blue Book).
Closed Block Administration:
Book premiums, claims, and reinsurance entries.
Calculate and settle payments for claims reimbursements.
Manage relationships and operations with external vendors.
Other Responsibilities:
Coordinate statutory examinations and financial audits.
Support and manage the tax provision/return process.
Job Requirements
10 to 15 years of experience in accounting.
Currently a Controller or in an Assistant Controller role within an Annuity company.
Strong can-do attitude and highly motivated approach.
Attention to detail and the ability to maintain high accuracy.
Effective communication skills with the ability to engage across multiple departments, both verbally and in writing.
Collaborative mindset with a strong ability to work within teams.