Assistant Controller
Chicago
Permanent
Negotiable
Financial Technology
PR/565793_1761083463
Assistant Controller
Summary:
This position plays a key role in managing financial operations across insurance and reinsurance entities. It involves hands-on oversight of accounting processes, financial reporting, and compliance activities, with a focus on accuracy, timeliness, and alignment with regulatory standards.
Core Responsibilities:
- Direct monthly and annual close cycles, including reconciliations and accruals
- Prepare financial statements under GAAP and statutory frameworks
- Monitor and record premium, claims, and reinsurance transactions
- Align revenue reporting across multiple metrics and systems
- Generate financial summaries for group-level reporting within captive structures
- Handle regulatory submissions and ensure compliance with jurisdictional requirements
- Support audit and actuarial processes with detailed schedules and reconciliations
- Track investment activity and manage trust account reporting
- Coordinate with TPAs, carriers, and other partners to ensure financial accuracy
- Maintain documentation and internal controls to support audit readiness
- Work cross-functionally with finance, actuarial, and operations teams
- Contribute to strategic planning and new program development alongside senior leadership
Ideal Background:
- Bachelor's degree in accounting, finance, or related field; CPA preferred
- 3-7 years of experience in insurance or reinsurance accounting
- Strong grasp of GAAP and statutory principles
- Prior exposure to captive structures, MGUs, or similar entities
- Experience working with external partners such as TPAs and carriers
- Familiarity with regulatory filings and audit coordination
- Advanced Excel skills and comfort with financial systems; ESL Office experience a plus
