Assistant Divisional Controller, Statutory
Trean Insurance Group
full-time
Posted on:
Location Type: Hybrid
Location: Wayzata • Minnesota • 🇺🇸 United States
Visit company websiteSalary
💰 $125,000 - $145,000 per year
Job Level
SeniorLead
About the role
- The Statutory Divisional Assistant Controller works directly with accounting, key business partners, and departments across the company to manage, allocate and monitor financial resources in compliance with laws, regulations and policies.
- Assist in the preparation and submission of quarterly and annual statutory financial statements in accordance with NAIC and state insurance department requirements.
- Support the statutory close process, including journal entries, account reconciliations, and variance analysis.
- Collaborate with actuarial, tax, and legal teams to ensure completeness and accuracy of statutory filings.
- Maintain documentation and schedules to support statutory audits and regulatory examinations.
- Monitor changes in statutory accounting principles (SAP) and assess their impact on financial reporting.
- Assist in the preparation of management reports and dashboards related to statutory financial performance.
- Participate in the development and implementation of process improvements and automation initiatives.
- Ensure compliance with internal controls and company policies related to statutory reporting.
- Provide support for ad hoc projects, including mergers and acquisitions, system implementations, and regulatory inquiries.
- Assists in the preparation of internal financial statements and statutory statement filing.
- Assists in the ledger management of new entity acquisitions and org chart changes as well as new partner programs.
- Assists in identifying manual processes for automation to improve efficiency.
Requirements
- Bachelor’s degree in Accounting or related field or equivalent experience
- Previous experience in financial services and/or insurance required
- 10 + years’ progressive accounting responsibility
- 10+ years’ experience working with a general ledger package
- 10+ years’ experience working with transactional and subledger systems
- 10+ years’ experience working with statutory reporting software such as TCP/Wings
- Experience in troubleshooting and resolving reconciliation, ledger and reporting issues
- Experience in effectively managing staff of 3 or more
- CPA preferred
Benefits
- This is a full-time position with benefits.
- Some travel may be required.
- May require longer hours and weekend work when necessary.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial reportingstatutory accounting principlesjournal entriesaccount reconciliationsvariance analysisprocess improvementsautomation initiativesledger managementstatutory reporting softwarefinancial statement preparation
Soft skills
collaborationcommunicationproblem-solvingleadershiporganizational skillsattention to detailproject managementanalytical skillsadaptabilityteam management
Certifications
CPA