What are the responsibilities and job description for the Assistant Controller - New York City position at Ategrity Specialty Insurance Company?
About Us:
Ategrity Specialty Insurance Company specializes in property, casualty, management liability and professional liability insurance, with a strong emphasis on the excess and surplus (E&S) lines market, partnering with brokers and wholesale agents throughout the U.S. to provide insurance solutions for small and medium-sized enterprises (SMEs). Our aim is to establish ourselves as the premier E&S carrier, leveraging robust technical underwriting, intelligent operational efficiencies, sound risk management, dynamic claims team, and intensive specialization to excel in the marketplace.
Position: Assistant Controller
Location: Hybrid - New York City
Role Overview:
We are seeking a highly skilled and motivated professional to join our finance and accounting team as an Assistant Controller. In this position, you will play a key role in the accounting function for our company on both a Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (SAP) basis and assist with all financial and regulatory reporting requirements. The ideal candidate will have a background in insurance accounting, a strong work ethic, and a proactive approach to problem solving.
This position requires working onsite at our Midtown Manhattan office three days per week as part of a hybrid schedule.
Responsibilities
- Manage the accounting close process on both a GAAP and SAP basis, ensuring timely and accurate reporting
- Implement new accounting standards and updates, ensuring compliance with GAAP and regulatory requirements
- Analyze monthly and quarterly fluctuations to identify and explain key drivers
- Prepare, track and record transactions involving highly sensitive data (such as payroll, and internally developed software cost)
- Develop and maintain a short-term liquidity forecast to manage operational cash needs and investment opportunities
- Support and participate in a general ledger system conversion, ensuring data accuracy and operational continuity
- Ensure the accuracy and consistency of the data presented in GAAP and statutory insurance reporting schedules
- Supervise and support GAAP and STAT financial audits of our reporting entities, working closely with external auditors and internal departments
- Develop and enhance the internal controls structure associated with areas of responsibility
- Collaborate with the Controller to review, update and implement policies and procedures geared towards driving improvement and efficiency
- Participate in ad-hoc analysis and special projects to support the broader goals of the finance and accounting department
Requirements:
- Bachelor’s degree in Accounting
- CPA certification
- 5 years of progressive experience in insurance accounting (both GAAP and SAP)
- Experience in the insurance industry – a plus
- Strong understanding of GAAP and SAP insurance accounting principles and regulatory reporting requirements
- Excellent analytical and problem-solving skills, with a keen attention to detail
- Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Strong communication and interpersonal skills, with the ability to collaborate effectively across departments
- Leadership experience, including supervising and developing staff members
- Must work onsite at the Midtown Manhattan office three days per week as part of a hybrid work schedule.
- Authorization to work in the United States is required, this position is not eligible for visa sponsorship
Benefits:
- Competitive salary commensurate with experience
- Comprehensive benefits package including medical, dental, and vision coverage
- 401(k) retirement savings plan with employer match
- Paid time off and company holidays
- Professional development opportunities
- Collaborative and inclusive work environment with opportunities for career growth and advancement
Ready to make an impact? Apply now to join the Ategrity team!
Ategrity Specialty Insurance Company is an equal opportunity employer. We are committed to fostering an inclusive workplace and welcome applicants from all backgrounds and experiences.
