Assistant Financial Controller- 12-month Contract

Aspen Insurance Group; Rocky Hill (CT); On-site; USD 120,000 - 170,000; Full time

Job summary

A prominent insurance company is seeking a Deputy Controller to oversee financial reporting and compliance. The successful candidate will manage quarterly and annual financial statements while ensuring adherence to U.S. GAAP. Candidates must have a degree in accounting or finance, CPA designation, and at least 5 years of relevant experience. Strong analytical skills and proficiency in Microsoft Excel are required. This role is critical for enhancing financial accuracy and efficiency within the organization.

Qualifications

• 5+ years of experience in finance or accounting in insurance/reinsurance.
• Strong understanding of U.S. GAAP and financial reporting.
• Experience with SOX compliance in a publicly traded company.
• Minimum 5 years in finance/accounting within insurance or reinsurance.
• Strong knowledge of U.S. GAAP, insurance statutory accounting, and financial reporting standards.
• Demonstrated SOX compliance experience in a public company.

Responsibilities

• Lead preparation of quarterly and annual financial statements for U.S. entities.
• Conduct in-depth data analysis for business decision-making.
• Manage financial close process and coordinate with teams.
• Analyze data from multiple source systems to support decision‑making and reporting.
• Maintain and enhance a robust control environment in line with SOX requirements.
• Lead process improvements including GL system upgrades to boost efficiency and accuracy.
• Coordinate with auditors and internal stakeholders through close processes.

Skills

Analytical skills

Problem-solving

Communication skills

Ability to work cross-functionally

Problem solving

Education

Bachelor’s degree in accounting or Finance

CPA designation or progress towards CPA certification

Tools

Microsoft Excel

CODA

SAP

Job description

We are seeking a highly skilled Deputy Controller with a strong background in the insurance and reinsurance industry to join our dynamic finance team.

The successful candidate will be responsible for overseeing the financial reporting and analysis of our U.S.-based entities, ensuring compliance with Sarbanes‑Oxley (SOX) and supporting the requirements of a publicly traded company. A background in external audit—preferably with Big‑Four experience—is highly desirable.

The role also includes leading process improvements related to general ledger implementation, data analytics, driving automation and enhanced financial accuracy across the organization.

Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Key Accountabilities

• Lead the preparation and review of quarterly and annual financial statements for U.S. entities, ensuring compliance with U.S. GAAP and regulatory requirements.
• Deliver comprehensive financial reports on reinsurance activities, including premium and claims reconciliations and related analysis.
• Conduct in-depth data analysis by extracting, transforming and validating data from multiple source systems to support business decision‑making and reporting needs.
• Maintain and enhance a robust control environment in compliance with Sarbanes‑Oxley (SOX) requirements.
• Lead and support process improvement initiatives, including the implementation or upgrade of general ledger systems, to enhance efficiency, reporting accuracy, and automation.
• Manage the financial close process, including coordination with accounting teams, auditors, and internal stakeholders.
• Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards.
• Serve as a liaison for external auditors, ensuring timely and accurate responses to audit requests.
• Partner with actuarial, underwriting, legal, and operations teams to ensure alignment on financial matters.
• Develop, document, and maintain finance policies, procedures, and internal controls.
• Identify and implement additional process improvements to increase financial insight and operational effectiveness.

Knowledge, Skills, & Experience

• Bachelor’s degree in accounting, Finance, or a related field.
• CPA designation or actively progressing toward CPA certification (e.g., passed sections or enrolled in a recognized program) strongly desired.
• Minimum of 5 years of experience in a finance or accounting role within the insurance and/or reinsurance industry.
• Prior experience in public accounting.
• Strong understanding of U.S. GAAP, insurance statutory accounting, and financial reporting standards.
• Demonstrated knowledge and application of SOX compliance within a publicly traded company.
• Excellent analytical, problem‑solving, and communication skills.
• Ability to work cross‑functionally and manage multiple priorities in a deadline‑driven environment.
• Proficient in Microsoft Excel and ERP/accounting systems. CODA required. SAP preferred.
• Experience with general ledger system implementation or upgrades is a strong plus.