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AVP or VP, Assistant Controller

Wilton Re
Norwalk, USA
Full-time
Senior · 8+ years experience
Hybrid
USD 150000-220000 yearly / year
Discovered 1 weeks ago
U.S. StatutoryU.S. GAAPSOXModel Audit Rule
Free

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U.S. StatutoryU.S. GAAPSOX
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AVP or VP, Assistant Controller

We are searching for an experienced AVP or VP, Assistant Controller at our Connecticut office.

AVP or VP, Assistant Controller Full Time Norwalk, CT About the Company: Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients’ businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies. Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market. Position Summary: The AVP or VP Assistant Controller serves as key support to the Controller. This position will be responsible for overseeing all aspects of accounting and financial reporting for multiple entities on a U.S. Statutory and U.S. GAAP basis. Role Responsibilities: Leadership: Lead the accounting team, providing clear direction aligned with Company objectives, financial strategy, and risk management priorities Act as a key partner to the Controller and executive leadership team, contributing to financial governance, operating strategy, and business decision-making Prepare and present financial analysis and insights to senior leadership and the Board of Directors Act as Controller in their absence, ensuring continuity in leadership, decision making, and execution Develop and mentor team members, fostering a high-performance, accountable, and collaborative environment Financial Close, Reporting, and Disclosures Oversee the quarterly and annual close processes, ensuring accurate, timely and, and well-controlled financial reporting Lead the preparation and review of U.S. Statutory and GAAP financial statements, footnotes, and management reporting packages Ensure completeness and accuracy of internal and external reporting, including Board materials, regulatory filings, rating agency deliverables, and client reporting Establish and enforce close calendars, review standards, and reporting governance across the accounting team Technical Insurance Accounting Provide technical accounting leadership across life, annuity and reinsurance transactions Oversee accounting and analysis for reinsurance structures, including: Modco and funds withheld arrangements, coinsurance and YRT treaties, and embedded derivatives and investment-related features where applicable Support interpretation and application of new accounting guidance (U.S. GAAP and U.S STAT) and ensure consistent implementation Document methodologies and accounting policies used by Wilton Re in support of U.S. GAAP and U.S. STAT accounting and reporting Controls, Audit, and Risk Management Maintain and enhance a robust internal control framework, including SOX and Model Audit Rule compliance Oversee documentation, testing, and remediation of key controls across the accounting and reporting processes Coordinate and lead external and internal audits, ensuring efficient execution and timely issue resolution Establish and enforce accounting policies and governance standards Systems, Data, and Process Improvement Drive continuous improvement in accounting processes, focusing on efficiency, scalability, and accuracy Oversee and optimize use of financial systems and tools Partner with IT and other finance teams to enhance data infrastructure, reporting capabilities, and automation Identify and implement opportunities to strength data quality, reconciliations, and workflow automation Cross-Functional and Business Support Collaborate with Business Development and New Deal Integration teams to evaluate accounting implications of new transactions, acquisitions, and reinsurance arrangements Partner with Actuarial, Treasury, Tax, and Investment teams to ensure alignment across financial reporting and business activities Provide accounting guidance on new transactions and strategic initiatives Basic Qualifications: Minimum 8 years of progressive accounting experience, including 5+ years within the life insurance or reinsurance industry Deep knowledge of U.S. Statutory and GAAP accounting applicable to insurance and reinsurance companies Big 4 public accounting experience or combination of public and private experience Strong analytical, problem-solving, and critical thinking skills with the ability to interpret complex financial transactions and information Demonstrated ability to evaluate, streamline, and enhance business processes to improve efficiency and control Proven sound judgment and decision-making capabilities in a dynamic environment Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders across all levels and functions Proven ability to lead, develop, and manage teams while balancing multiple priorities in a fast-paced environment Experience managing outsourced and third-party service provider relationships, ensuring quality, accountability, and performance Required Education / Certifications: Bachelor’s degree in Accounting, Finance, or related field Candidate with CPA or MBA preferred Pay/Location: Norwalk, CT Hybrid Structure Minimal to no travel required This role may be filled at a level dependent on the experience and qualifications of the applicant. Base salary/hourly rate range for this position in Connecticut is between $150,000 and $220,000. Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training and experience. Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential.

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