JOB TITLE: Insurance Controller
EMPLOYER: A-CAP Services LLC
DEPARTMENT: Accounting
REPORTS TO: Chief Financial Officer
LOCATION : Onsite in Miami, FL (Brickell area)
ABOUT THE COMPANY
A-CAP is a rapidly growing organization that owns and operates multiple insurance companies and ancillary insurance businesses and has over $10 billion of total invested assets. This opening is with the holding company, which primarily performs asset management, actuarial, accounting, and other oversight functions on behalf of A-CAP's insurers and third-party clients. This group also provides strategic and operational support to A-CAP's portfolio companies/subsidiaries, proactively formulates new investment strategies, oversees external financing and acquisition activities, and provides modeling support for insurer liabilities and capital. On the insurance product side, A-CAP's primary lines of business are traditional fixed and equity-indexed annuities, with additional business in whole life insurance, Medicare supplement, and hospital indemnity products. A-CAP insurers originate over $2 billion of new premium annually.
ABOUT THE ROLE
As a key member of the Finance team, we are seeking a reliable, hands-on and detail-oriented Insurance Controller to lead the company's annuity, life insurance and reinsurance accounting activities, support the preparation of financial statements that adhere to regulatory and accounting guidelines. Reporting to the Chief Financial Officer, the Insurance Controller will oversee all aspects of annuity, life insurance and reinsurance accounting in the company. They will ensure the company's accounting and financial processes are managed correctly, meet established standards, and promote accurate financial reporting and effective controls.
WHAT YOU WILL DO:

• Manages all annuity, life insurance and reinsurance accounting functions including but not limited to cash management, A/P, A/R, Balance Sheet reconciliations, general ledger, month-end reporting, and financial statements.
• Assures accurate and timely financial and management reporting in accordance with STAT, GAAP, tax, and management reporting requirements.
• Prepares financial statements and related reports including but not limited to balance sheets, income statements, cash-flow reports, budgets, and variance analysis.
• Provides comprehensive financial updates to senior managers by evaluating, analyzing, and reporting appropriate data points.
• Develops, implements, and maintains financial controls and guidelines.
• Identifies and implements business process improvements and new accounting procedures to improve efficiency and reduce costs.
• Develops and enforces internal controls to maximize protection of company assets, policies, procedures, and workflows.

SUPERVISORY RESPONSIBILITIES:

• Directly supervises ~10 employees within the Annuity and Life Insurance Accounting and Reinsurance Accounting departments.
• Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
• Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing works appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
• Oversees and supports accounting team with dynamic leadership that creates an environment of trust and productivity.

WHAT YOU WILL NEED:

• Bachelor's degree in Accounting, Finance, or Business. Master's degree preferred.
• CPA or CMA certification is strongly preferred.
• Extensive understanding of Statutory and Reinsurance Accounting.
• 15 years' experience, with 5 as a Controller within the Insurance industry.
• Solid knowledge of GAAP (Generally Accepted Accounting Principles) and regulations.
• Big 4/ Public Accounting experience is highly desirable.
• Demonstrated track record in managing and developing people. Building and sustaining a strong team in a remote first environment is a critical success factor.
• Enjoys and excels at working in a collaborative environment within Finance and with other key stakeholders.
• Has a growth mindset and is intellectually curious.
• Motivated by delivering results and creating value for the business and stakeholders, and able to do so with integrity and objectively.
• Strong organizational, problem-solving, and analytical skills; able to manage priorities and workflow.
• Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm.
• Proven leadership and business acumen skills.
• Demonstrated ability to supervise and motivate subordinates.
• Commitment to excellence and high standards.
• Excellent written and verbal communication skills.

BENEFITS:
A-CAP works hard to create a positive and supportive environment. That's why we offer great benefits to safeguard the health and well-being of our employees. Our comprehensive benefits package includes:

• Competitive salary/base pay
• Employer-sponsored medical, dental, and vision insurance
• Paid Life & AD&D Insurance (for employees and families)
• Paid Disability Insurance (STD LTD)
• Paid Parental Leave
• Paid Vacation and Sick Leave
• Paid Holidays (15 in 2024)
• Voluntary Supplemental Insurance policies
• 401(k) plan with employer match
• And other benefits and perks!

POSITION TYPE AND EXPECTED HOURS OF WORK
This is a full-time position. Days and hours of work are Monday through Friday, 9:00 a.m. to 6:00 p.m., 40 hours weekly, or as otherwise arranged with the manager of the department.
US work authorization is required.
Who We Are: http://www.acap.com/
EEO Statement
A-CAP is an Equal Opportunity Employer and does not discriminate in recruiting, hiring, promotion or any other personnel action based on the basis of race, ethnicity, national origin, color, sex, gender, gender identity or expression, sexual orientation, religion, age, disability, veteran status, or any other basis covered by appropriate law. We comply with the laws and regulations set forth in the Know Your Rights poster. All employment is decided on the basis of qualifications, merit, and business need. To request an accommodation, contact hr@acap.com and we will make every effort to respond to your request within 48 business hours to work towards a positive solution.
Disclaimer:
The above is intended to describe the general content of and requirements for the performance of this job. It should not be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.