Statutory Controller

Pie Insurance
8hRemote

About The Position

Pie's mission is to empower small businesses to thrive by making commercial insurance affordable and as easy as pie. We leverage technology to transform how small businesses buy and experience commercial insurance. Like our small business customers, we are a diverse team of builders, dreamers, and entrepreneurs who are driven by core values and operating principles that guide every decision we make. The Statutory Controller directs the statutory and regulatory financial affairs of our organization, responsible for all statutory accounting, statutory financial statements, statutory audits, capital management and financial metrics, P&C yellow book and regulatory financial filings, financial data calls and taxes (premium, federal and state).

Requirements

  • Bachelor’s degree in accounting or finance preferred or equivalent combination of education and experience.
  • A minimum of 12-years of relevant public accounting or industry experience is required.
  • A minimum of 8-years of P&C insurance experience is required.
  • A minimum of 5-years of people management experience is preferred.
  • Strong experience and proficiency in statutory-basis (SSAP) accounting.
  • Demonstrated understanding of insurance financial operations, reinsurance, and premium is required.
  • Excellent verbal and written communication skills with the ability to interact with internal and external customers.
  • Capable of developing a team and training / mentoring team members to enable them to perform their required responsibilities accurately, efficiently and independently.
  • Able to direct the activities of the team and comprehend the financial position and results of operations without being drawn into too granular of a level of detail and without becoming a mere process performer.
  • The ability to drive team members to have the professional courage to suggest and implement process improvements and automations and instill the sense of process ownership to team members.
  • Advanced awareness of workflow, and project tradeoffs to make decisions based on needs now and into the future.
  • Advanced problem solving skills, to be able to manage complex situations with multiple layers, and resolve to solution anticipating the needs of a high-growth organization.
  • Ability to apply technical accounting knowledge to real-world business transactions.
  • Ability to develop, implement and document effective internal controls.
  • Self-starter and self-motivated to work independently in a fast-paced environment.
  • Organized, detail-oriented and deadline-driven.
  • Strong Excel skills and ability to work with large data sets.

Nice To Haves

  • Experience with WingsPlus/Sovos and Workiva preferred.

Responsibilities

  • Ensure Company’s financial statements are accurate, complete and in compliance with Statutory and regulatory requirements, including but not limited to:
  • Collaborating with Actuarial on Loss and LAE estimates and reserves.
  • Premium revenue recognition policies.
  • Reinsurance reporting.
  • Working closely with Pie Compliance to address all financial regulatory needs.
  • Quarterly and annual statutory reporting at a detailed level.
  • Lead and deliver on annual Statutory audits.
  • Manage statutory capital levels and model financial health metrics (e.g. BCAR, RBC, others) on a plan, forecast and actual basis.
  • Develop workpapers and models to properly account for and monitor all components of the Statutory financial statements.
  • Manage outsourced preparation of GAAP and Statutory tax provisions.
  • Manage and monitor state deposits.
  • Manage timely responses to financial data calls.

Benefits

  • Competitive cash compensation
  • A piece of the pie (in the form of equity)
  • Comprehensive health plans
  • Generous PTO
  • Future focused 401k match
  • Generous parental and caregiver leave
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