Assistant Controller/Vice President, Finance

Lightstone•New York, NY

64d

About The Position

The Assistant Controller, VP - Finance will report into the Chief Financial Officer, Converge Re. The Assistant Controller, VP - Finance will help expand and strengthen the statutory accounting and reporting infrastructure, be responsible for understanding and preparing proper treatment of the company's investment portfolio, and assist in the management of the daily Life and Annuity Reinsurance accounting operations. Additionally, the Assistant Controller, VP - Finance will assist and directly support the Chief Financial Officer, Converge Re with new business opportunities, work on new client and transaction initiatives, and other projects as needed.

Requirements

Bachelor's or Master's degree in Accounting or Finance
5+ years of relevant experience; reinsurance experience preferred/a plus
Experience with US GAAP and Statutory accounting and preparation
Must be proficient and have working knowledge of general ledger transactions and financial statement preparation.
Firm understanding of accounting rules for investments under U.S. GAAP regulations
Strong analytical skills and ability to remain highly organized in a deadline driven environment while maintaining strict attention to detail.
Ability to problem-solve and multi-task effectively.
Demonstrated ability to identify errors, problems and opportunities.
Proven ability to meet daily and monthly deliverables.
Independent thinker
Excellent communication and teamwork skills.
Advanced proficiency with Microsoft Office suite, with advanced working knowledge of Excel.

Nice To Haves

Advanced degree in business, finance and accounting a plus
CPA preferred
Experience in Annuity & Life Insurance
The ideal candidate will have experience with statutory investment accounting
Experience with insurance invested assets, including fixed income and other investments
Leverage industry expertise with US GAAP and NAIC guidelines to assist in structuring reinsurance transactions

Responsibilities

Assist in accounting for reinsurance customers, including GAAP & STAT reporting as needed
Lead the company's initiatives with forecasting and projections for new business deals
Assist with annual financial statements, including footnotes, income statement, balance sheet, statement of cash flows, Stat to GAAP reconciliation and various other schedules.
Engage with internal and external business leaders to drive business goals and drive best-practice procedures
Work closely with investment management team on understanding investments and preparing forecasts, budgets, and other ad hoc requests.
Assist with review of financial models.
Position may be required to perform duties outside their normal responsibilities as needed and when requested.

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