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Pie Insurance · 3 weeks ago

Statutory Controller

United States

Full-time

Remote

Senior Level, Lead/Staff

$160K/yr - $200K/yr

12+ years exp

Pie Insurance is dedicated to empowering small businesses by making commercial insurance affordable and accessible. The Statutory Controller will oversee the statutory and regulatory financial affairs, ensuring compliance and accuracy in financial reporting while managing audits and capital levels.

Financial ServicesInsuranceInsurTechSmall and Medium Businesses

Comp. & Benefits

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

Qualification

Statutory accountingP&C insurance experienceFinancial reportingPeople managementExcel skillsReinsurance reportingInternal controlsTeam developmentCommunication skillsProblem solving

Required

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

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