Group Controller

Employer
Florida Peninsula Insurance Company
Location
Boca Raton, Florida
Salary
Not Specified
Posted
Mar 26, 2024
Closes
May 24, 2024
Ref
6848335#GIJtoGJS.1
Industry
Insurance
Category
Insurance
Workplace
In-Office
**** Must be able to work onsite 4 days a week **** Relocation assistance is available. Position Summary: The Insurance Company Group Controller is a hands-on position that provides guidance and oversight to the insurance accounting team. Lead by the Insurance Company 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 Company Group Controller is located in the 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, including consolidations and financial based regulatory compliance reporting 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 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 Manage banking relationship dynamics, including new account establishment as well as the setup of related account products and services that integrate with policy administration and claim systems Facilitate the annual external audit and tax compliance reporting processes

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