Insurance Controller — Financial Reporting & Leadership

Midwest Family Mutual Insurance; Iowa (LA); On-site; USD 120,000 - 160,000; Full time

Job summary

Midwest Family Mutual Insurance is seeking a skilled Controller to lead the accounting function, ensure NAIC statutory compliance, and provide strategic financial leadership. You will oversee financial close, regulatory filings, and internal controls while guiding a developing accounting team.

The role partners with the CFO and cross-functional teams to drive accurate reporting, process improvements, and budgeting support in a multi-state P&C organization.

Qualifications

• Bachelor’s degree in accounting or finance required.
• CPA designation strongly preferred.
• 7+ years of general accounting experience.
• Proven leadership experience managing and developing accounting staff.
• Strong knowledge of NAIC statutory accounting principles and regulatory reporting.
• Experience overseeing financial close processes, general ledger, and internal controls.
• Experience in the Property and Casualty Insurance industry preferred.
• Strong analytical, organizational, and communication skills.

Responsibilities

• Oversee the preparation and review of monthly, quarterly, and annual financial statements in accordance with NAIC Statutory Accounting Principles.
• Lead the preparation and filing of statutory reports, including the Annual Statement, Risk-Based Capital report, and Management Discussion & Analysis.
• Manage the monthly and annual close process, ensuring accuracy, completeness, and timeliness.
• Oversee general ledger activity, including journal entries, reconciliations, and financial data integrity.
• Review and approve accounting for premiums, losses, reinsurance transactions, and investments.
• Ensure compliance with internal controls, accounting policies, and regulatory requirements.
• Coordinate with external auditors and regulatory examiners, including managing audit and examination processes.
• Monitor changes in accounting standards and insurance regulations and assess their impact on financial reporting.
• Lead, mentor, and develop accounting staff, including assigning work, reviewing performance, and supporting professional growth.
• Establish and maintain accounting policies, procedures, and best practices.
• Support budgeting, forecasting, and cash flow analysis in collaboration with finance leadership.
• Identify and implement process improvements to enhance efficiency, accuracy, and scalability of accounting operations.
• Collaborate with underwriting, claims, and other departments to ensure accuracy of financial data and reporting.

Skills

Leadership

Regulatory reporting

NAIC accounting knowledge

Analytical skills

Financial reporting

Communication

Education

Bachelor’s degree in accounting or finance

CPA designation

Job description

Midwest Family Mutual Insurance is seeking a skilled Controller to lead the accounting function, ensure NAIC statutory compliance, and provide strategic financial leadership. You will oversee financial close, regulatory filings, and internal controls while guiding a developing accounting team.

The role partners with the CFO and cross-functional teams to drive accurate reporting, process improvements, and budgeting support in a multi-state P&C organization.