Assistant Controller - Life Business

Corebridge Financial • Jersey City, NJ

14d • $124,000 - $199,000 • Hybrid

About The Position

The Assistant Controller - Life Business role will have accountability and ownership over the line of business results included within the ledger. This role will be the primary liaison between the CFOs, CFAs as it relates to ensuring ledger accuracy by line of business. The Line of Business team will champion transformation efforts and drive process improvements in areas such as, but not limited to, accounting systems and workflows. This position reports to the Retail Controller and works closely with the Business Unit CFO and CFA teams, Actuarial and the Core Controllers team.

Requirements

• Experience with Annuity and Life Insurance products and related accounting/reporting required.
• Analytical and practical problem solving skills with strong organizational skills and attention to detail.
• Strong verbal and written communication skills with a customer-centric and front-line staff perspective.
• Proven leadership skills and positive attitude with the ability to make consistent, sound and effective decisions with minimal direction.
• Experience managing staff and focus on staff development.
• Ability to collaborate and interact effectively with all levels of staff and management, on and off-site.
• Ability to multi task with a variety of systems and processes.
• Ability to adapt to organizational changes.
• Readily accept new responsibilities and assignments.
• Assist with integration of new business opportunities or changes in product structure as it relates to flow through the accounting ledger.
• Bachelor’s degree and 5 + years of experience in Finance or Controllership role
• Financial systems knowledge preferred including, but not limited to, SAP/BPC.
• Strong Microsoft Office skills, including Word, Excel, and PowerPoint.
• Proven track record of showing initiative and creativity.
• Hands on self-starter, with experience learning new, complex topics.
• Demonstrated flexibility and adaptability.
• Track record of acting with a sense of urgency.
• Demonstrated history of high quality work product.
• Excellent time management skills to ensure metrics and timelines for tasks/projects are met.
• Proven record of being an effective listener and communicator with employees, peers and superiors.
• Results focused with a track record of achievement.
• Ability to thrive in a very dynamic finance team, going through significant change.
• Solve core issues rather than correcting a symptom.

Nice To Haves

• Preference given for strong understanding of the business line, including insurance accounting and reporting.
• Demonstrated record of consistent strong performance.
• Ability to lead / drive change across functional areas / departments.

Responsibilities

• Ownership of the Life Line of Business close process. This includes collaboration with Actuarial, Reinsurance, and Financial Reporting ensuring integrity of P/L, Reserve rollforwards, and other Key Balance Sheet items.
• Lead creation, implementation, and communication of financial and operational information to key stakeholders – e.g. Source of Profits, mortality reports, claims trending, persistency and spreads.
• Lead other Finance and Actuarial teams in defining, developing, and executing transformation initiatives and process improvement solutions.
• Lead creation, implementation, and communication of financial and operational information to key stakeholders.
• Develop relationships with members of other departments to facilitate resolution of issues and staying informed of potential future issues.
• Ownership of Line of Business of the Life & Retirement Financial Supplement and related analysis.
• Ownership of BPC ledger hierarchy and RLOB management.
• Ensure ledger accuracy by line of business leading Operations, and I/T teams to resolve outstanding issues.
• Ensure that appropriate internal controls are developed and executed to ensure the accuracy of reported financial information.
• Assist in managing special projects and ad hoc requests.

Benefits

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level