CONTROLLER

Our client has Retained The Carlisle Group to conduct a search for a Controller in Wilmington Delaware. This can be a hybrid position with 2 days in the office. Our client is an A Rated P&C Insurance company. We are looking for someone that has Insurance Accounting experience and an MBA and/or CPA.

Overall Job Description:

Reporting to the CFO, the Controller will coordinate the overall workflow of the Accounting and Direct Bill departments for this mid-size regional Property and Casualty insurance carrier. The Controller will be responsible for supervising, training, and assisting the staff of these departments.

Essential Duties:

• Completion of monthly and year-end closing entries and final Trial Balance, reviewing to ensure accuracy.
• Conduct account analysis and provide supporting documents for all accounts on the Trial Balance of all companies; assist in solving reconciliation issues.
• Manage the timely and accurate completion and filing of all statutory accounting and insurance regulatory functions for the Company.
• Manage and review the completion of audited financial statements for approval by external auditing firms.
• Coordinate insurance audits with outside auditors and state financial examiners and review of other regulatory compliance requirements.
• Oversee accounting functions for investment activities and reinsurance transactions.
• Provide financial analysis of statutory financial statements and management commentary.
• Make records available and work with the outside actuary and tax accountant.
• Review and coordination of reinsurance recoveries near or over the 90-day limit.
• Keep appropriate senior management advised of cash flows.
• Maintain computer software and hardware required to operate the Accounting Department.
• Recommend required changes to current data processing systems and manual procedures or policies.
• Responsible for timely completion and review of the monthly financial close process including expense accruals and IBNR reserves.
• Preparation of "month only" analysis and prepare explanations of unusual items or variances. Conduct review of Directors monthly cash position.
• Preparation of quarterly and annual statement blanks and scheduling and coordination of any activities required for their completion.
• Responsible for various year end filings to Dept. of Banking and Insurance, AM Best, and NAIC. For example: Management Discussion and Analysis, Risk Based Capital, and Market Conduct
• Supervision of Accounting and Billing staff including annual performance evaluation.
• Participation in Company strategic planning including planning and coordination of financial impact proformas for new projects.
• Ability to accommodate an irregular work schedule and establish the personal mobility to attend financial training workshops and seminars.

Skills:

• Ability to facilitate a strong and effective internal control environment
• Strong analytical and problem-solving skills, with a strong attention to detail
• Excellent communication, interpersonal and organization skills
• Advanced Microsoft Excel skills
• Team oriented
• Ability to maintain confidentiality

Education/Experience:

• Bachelor of Science degree in Accounting
• CPA required
• 8 -10 years Accounting experience, including Property & Casualty Insurance Accounting experience
• Five years supervisory experience

Details