Assistant Controller - Life Insurance

Oliver James; Washington (District of Columbia); On-site; USD 100,000 - 130,000; Full time

Job summary

A growing life insurance carrier in Washington DC seeks an Assistant Controller to oversee statutory and GAAP financial reporting. This role involves ensuring compliance with regulations and collaborating closely with executive leadership. The ideal candidate should have over 5 years of experience in financial reporting within the life insurance sector, along with a degree in Accounting or Finance and a CPA designation. The company offers an opportunity to be influential in a start-up environment where adaptability is key.

Qualifications

• 5+ years of experience in financial reporting, focusing on life insurance or annuities.
• Strong knowledge of US GAAP and statutory accounting principles.
• Ability to thrive in a fast-paced, start-up environment.

Responsibilities

• Prepare and review statutory financial statements and regulatory filings.
• Ensure compliance with GAAP and statutory accounting principles.
• Lead the financial reporting process for quarterly and annual reporting.
• Support the audit process by coordinating with external auditors.
• Collaborate with actuarial, investment, and operations teams.

Skills

Financial reporting

Analytical skills

Organizational skills

Problem-solving skills

Knowledge of US GAAP

Education

Bachelor's degree in Accounting, Finance, or related field

CPA designation

Tools

Financial reporting software

General ledger systems

Job description

Assistant Controller

Location: Washington DC/Northern Virginia | Industry: Life Insurance

We have partnered with a rapidly growing start-up life insurance carrier that is building out its finance and accounting team. This is an exciting opportunity to join a company in its early stages and play a key role in shaping its financial reporting function.

Position Overview

The Assistant Controller will be responsible for overseeing the company's statutory and GAAP financial reporting processes, ensuring compliance with regulatory requirements, and supporting financial analysis for executive leadership. This individual will work closely with the Chief Financial Officer, Controller, and key stakeholders to enhance reporting processes and contribute to the strategic growth of the organization.

Key Responsibilities

• Prepare and review statutory financial statements and regulatory filings for life and annuity products.
• Ensure compliance with GAAP and statutory accounting principles, as well as NAIC and state regulations.
• Lead the financial reporting process, including quarterly and annual reporting requirements.
• Assist in the implementation of new accounting standards and regulatory changes.
• Support the audit process by coordinating with external auditors and responding to inquiries.
• Collaborate cross-functionally with actuarial, investment, and operations teams to provide financial insights.
• Identify and implement process improvements to enhance reporting efficiency and accuracy.
• Develop and maintain internal controls to ensure financial integrity.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA designation strongly preferred.
• 5+ years of experience in financial reporting, with a focus on life insurance or annuities.
• Strong knowledge of US GAAP and statutory accounting principles (SAP).
• Experience with financial reporting software and general ledger systems.
• Excellent analytical, organizational, and problem‑solving skills.
• Ability to thrive in a fast‑paced, start‑up environment with evolving priorities.