Financial Controller – Life and Annuity Insurance

Pyramid Consulting, Inc; United States; Remote; USD 80,000 - 113,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Paid sick leave

Job summary

Pyramid Consulting, Inc. seeks a seasoned Financial Controller for Life and Annuity Insurance. This is a 6+ month contract with long-term potential and is located as US Remote.

The role requires CPA, strong US GAAP and NAIC reporting expertise, and leadership of a finance team focused on life products, reserves, and disclosures.

Qualifications

• Bachelor’s degree in accounting or finance is required.
• CPA designation or equivalent is required.
• Experience with US GAAP and NAIC reporting is essential.

Responsibilities

• Lead monthly, quarterly, and annual financial close processes.
• Prepare financial statements and disclosures under US GAAP and SAP.
• Oversee accounting for life insurance and annuity products and policyholder accounts.
• Coordinate with actuarial teams to reconcile liabilities and calculations.
• Manage NAIC annual/quarterly statements and internal controls.
• Develop and coach the accounting and reporting team.

Skills

Financial reporting

US GAAP

NAIC reporting

Life insurance accounting

Team leadership

Close process

Education

Bachelor’s degree in accounting or finance

CPA designation

Job description

Immediate need for a talented Financial Controller – Life and Annuity Insurance. This is a 06+months contract opportunity with long-term potential and is located in U.S(Remote).

Pay Range: $70 /hour. Employee benefits include, but are not limited to, health insurance (medical, dental, vision), 401(k) plan, and paid sick leave (depending on work location).

Key Responsibilities:

• Lead monthly, quarterly, and annual financial close processes, including journal entries, account reconciliations, and financial statement preparation.
• Prepare financial statements and disclosures under US GAAP and statutory accounting principles (SAP).
• Oversee accounting for life insurance and annuity products, ensuring accurate recording of premiums, claims, and policyholder account balances.
• Partner with actuarial teams to reconcile insurance contract liabilities and maintain clear ownership of actuarial calculations.
• Coordinate timely preparation of NAIC annual and quarterly statements and maintain internal controls over financial reporting.
• Manage, develop, and coach the accounting and reporting team, establishing clear responsibilities and documentation standards.

Key Requirements and Technology Experience:

• 8–12 years of progressively responsible accounting and financial reporting experience, with substantial experience in life insurance, annuities, or life reinsurance.
• Bachelor’s degree in accounting, finance, or a related discipline.
• Certified Public Accountant (CPA) designation or equivalent professional accounting qualification.
• Strong knowledge of US GAAP, statutory accounting principles, and NAIC financial statement reporting.
• Practical experience with insurance liabilities, policyholder transactions, and investment accounting.
• Experience leading a financial close and reporting function, with team management or supervisory responsibility.
• Public accounting or insurance audit experience.
• Experience with US GAAP long-duration insurance accounting and risk-based Client reporting.
• Experience implementing financial reporting systems or improving insurance finance processes.

Our client is a leading Insurance Industry, and we are currently interviewing to fill this and other similar contract positions.

Pyramid Consulting, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, colour, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.