5Star Life Insurance Company · 3 months ago
Assistant Controller - 5Star Life Insurance Company
VA - Alexandria, Alexandria, VA, US
Full-time
Hybrid
Senior Level, Lead/Staff
$115K/yr - $130K/yr
10+ years exp5Star Life Insurance Company, part of the Armed Forces Benefit Association, is dedicated to providing tailored insurance benefits for military members and first responders. They are seeking an Assistant Controller who will manage financial reporting and compliance under Statutory Accounting Principles (SAP) and GAAP, ensuring accuracy and timeliness in all financial operations.
Financial ServicesInsuranceMedical
Responsibilities
Lead the monthly and quarterly accounting close process (GAAP & SAP), ensuring timely and accurate reporting
Implement and maintain compliance with new accounting standards and regulatory updates
Analyze financial fluctuations and identify key drivers
Develop and manage short-term liquidity forecasts to optimize cash flow and investment opportunities
Ensure consistency and accuracy in SAP & GAAP reporting schedules and footnote disclosures
Oversee financial audits, collaborating with external auditors and internal teams
Identify and implement process improvements to enhance efficiency and accuracy
Strengthen internal controls and support policy development with the Controller
Participate in special projects and ad-hoc financial analysis
Qualification
Required
Bachelor's degree in Accounting (required)
CPA certification (required)
10+ years of progressive experience in Life & Health Insurance accounting and financial reporting (SAP & GAAP)
Proven leadership experience in supervising and developing accounting staff
Deep understanding of SAP and GAAP insurance accounting principles, Blue Book, and audited financial statements
Advanced Excel skills (VLOOKUP, Pivot Tables, SUMIF)
Experience with INFOR General Ledger and Prophix reporting tools
Strong analytical and problem-solving abilities
Excellent communication and interpersonal skills
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Benefits
Health insurance (medical, dental, and vision)
Flexible spending accounts (medical and dependent care)
401k plan with generous employer match
Paid time off
Paid holidays (12)
Life insurance
Short- and long-term disability insurance
Employee assistance program
Professional development & tuition reimbursement
Career growth opportunities
On-site gym and locker rooms (Alexandria, VA office only)
Friendly, collaborative culture
Company
5Star Life Insurance Company
5Star Life partners with brokers to grow their business with personalized attention, flexibility, and responsiveness so they can address customer needs.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
John Naum
Chief Financial Officer
Recent News
2025-07-22
2025-04-17
Company data provided by crunchbase