Assistant Controller - Life Business

Corebridge Financial • Jersey City, NJ

21h • 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

• Strong operational and technical accounting experience with GAAP and stat reporting.
• Strong oral and written communication skills, including presentation development and delivery, with an ability to effectively work across teams.
• Proven track record of showing initiative and creativity.
• Solve core issues rather than correcting a symptom.
• Demonstrated flexibility and adaptability.
• Results focused with a track record of achievement.
• Proven record of being an effective listener and communicator with employees, peers and superiors.
• Ability to thrive in a very dynamic finance team, going through significant change.
• Strong analytical and problem-solving skills, with the ability to identify and mitigate risks, and make recommendations for process improvements.
• Exceptional organizational and time management skills, with the ability to manage multiple tasks and priorities in a fast-paced, deadline-driven environment.
• Assist with integration of new business opportunities or changes in product structure as it relates to flow through the accounting ledger.
• Proficient with any large ERP general ledger software.
• Experience operating in a dynamic, transformational environment, where change is embraced and viewed as an opportunity to drive process improvement.
• Strong Microsoft Office skills, including Word, Excel, and PowerPoint.

Nice To Haves

• Qualified CPA candidate strongly preferred but not required.
• Big 4 CPA background a plus.
• 7-10 plus years of experience with Annuity and Life Insurance products and related accounting/reporting strongly preferred.
• SAP a plus.

Responsibilities

• Newly created Individual contributor role with emphasis on analytics and focus on adding value to our business leaders.
• Ownership of the Life Insurance - 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 Accounting, 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.
• Partner with SEC team and Finance in review and sign off for Financial Supplement and related analysis.
• Ownership of ledger hierarchy for Life business.
• 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

• A range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• 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.
• Confidential counseling services and resources are available to all employees (Employee Assistance Program).
• Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• 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: Senior
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees