Olympus Insurance Company
Controller
Olympus Insurance Company, Jacksonville, Florida, United States, 32290
Job Title:
Controller
Reports to : Chief Financial OfficerLocation:
Jacksonville Office
Job Summary:
The Controller holds a senior leadership position within the Accounting/Finance team and will work closely with the CFO to enhance and improve the Company's accounting and finance functions. This position is responsible for managing the accounting team and for the integrity of the financial controls of the Company. The Controller will maintain an adequate system of accounting records and administer a comprehensive set of controls to mitigate risk and assure the accuracy of the company's reported financial results. The Controller will oversee the production and distribution of internal, NAIC Statutory, and US GAAP financial statements and will work closely with management, regulators, external auditors and tax advisors. The Controller may also assist the CFO in overseeing and contributing to the reinsurance program, payments and reimbursements to reinsurers and all items associated with reinsurance accounting.
Job Description/Essential Functions
Oversee the preparation and the filing of NAIC Statutory Quarterly and Annual Statements and manage the internal review for these documentsMonitor and ensure timely identification of and compliance with evolving accounting guidance and interpretations from FASB, NAIC, and other bodiesPrepare technical memoranda that document issues in a clear, logical and comprehensive mannerCommunicate and explain relevant accounting treatments and guidance to the management team, emphasizing their implications for decisions and strategyCoordinate with the actuarial department to ensure that loss reserves are completely and accurately recorded as part of the monthly close processCoordinate with the independent investment manager to ensure investments are completely and accurately recorded as part of the monthly close processManage communications with external auditors regarding audited financial statements and accounting issues to ensure auditor agreement with company decisions on accounting policies and disclosuresAssist in the coordination and preparation of annual NAIC Statutory and US GAAP audited financial statements, including drafting audit reportsResearch and prepare responses to regulator inquiries, and ensure all periodic regulatory filings are completed on time, taking a lead role in preparation for regulatory financial examinationsDesign, implement and maintain comprehensive accounting policy documents to improve clarity and consistencyImplement and maintain reporting procedures to comply with internal control requirementsPrepare and review monthly and quarterly internal financial statements and other management analyses as requestedPrepare quarterly statutory and GAAP basis tax provisions and work with external tax advisory and compliance firm to facilitate the preparation of the company's tax returnsContinually assess the close process including re-engineering to reduce the time to close the financial periodParticipate in other projects as requiredOther miscellaneous duties as assignedSkills/Requirements/Qualifications
Bachelor's degree or higher in AccountingCertified Public Accountant designation strongly preferredMinimum of 10 years of Florida Property and Casualty statutory accounting experience with progressively increasing supervisory responsibilitiesProperty and Casualty Reinsurance experience in FL preferred but not requiredIn depth knowledge of insurance, catastrophe event, and quota share reinsurance accountingMaster level Excel skills and proficiency in other Microsoft Office and database productsGeneral ledger data extraction and aggregationExcellent written and oral communication, presentation, organizational, interpersonal, analytical and supervisory skills with the ability to tailor to targeted audienceAbility to manage multiple tasks and projects concurrently to unchangeable timelinesSQL data extraction a plusCreativity and ability to develop innovative solutions to problemsConsiderable experience in managing others and strong leadership skillsAbility to work with documents and spreadsheets requiring close vision
EEOC Compliance:
Olympus Insurance Company is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based upon race, religion, color, national origin, sex, age, sexual orientation, gender identity, status of an individual with a disability, veteran status or any other characteristics protected by federal, state or local law.
Pay Range:
$160,000 - $190,000 per year
Controller
Reports to : Chief Financial OfficerLocation:
Jacksonville Office
Job Summary:
The Controller holds a senior leadership position within the Accounting/Finance team and will work closely with the CFO to enhance and improve the Company's accounting and finance functions. This position is responsible for managing the accounting team and for the integrity of the financial controls of the Company. The Controller will maintain an adequate system of accounting records and administer a comprehensive set of controls to mitigate risk and assure the accuracy of the company's reported financial results. The Controller will oversee the production and distribution of internal, NAIC Statutory, and US GAAP financial statements and will work closely with management, regulators, external auditors and tax advisors. The Controller may also assist the CFO in overseeing and contributing to the reinsurance program, payments and reimbursements to reinsurers and all items associated with reinsurance accounting.
Job Description/Essential Functions
Oversee the preparation and the filing of NAIC Statutory Quarterly and Annual Statements and manage the internal review for these documentsMonitor and ensure timely identification of and compliance with evolving accounting guidance and interpretations from FASB, NAIC, and other bodiesPrepare technical memoranda that document issues in a clear, logical and comprehensive mannerCommunicate and explain relevant accounting treatments and guidance to the management team, emphasizing their implications for decisions and strategyCoordinate with the actuarial department to ensure that loss reserves are completely and accurately recorded as part of the monthly close processCoordinate with the independent investment manager to ensure investments are completely and accurately recorded as part of the monthly close processManage communications with external auditors regarding audited financial statements and accounting issues to ensure auditor agreement with company decisions on accounting policies and disclosuresAssist in the coordination and preparation of annual NAIC Statutory and US GAAP audited financial statements, including drafting audit reportsResearch and prepare responses to regulator inquiries, and ensure all periodic regulatory filings are completed on time, taking a lead role in preparation for regulatory financial examinationsDesign, implement and maintain comprehensive accounting policy documents to improve clarity and consistencyImplement and maintain reporting procedures to comply with internal control requirementsPrepare and review monthly and quarterly internal financial statements and other management analyses as requestedPrepare quarterly statutory and GAAP basis tax provisions and work with external tax advisory and compliance firm to facilitate the preparation of the company's tax returnsContinually assess the close process including re-engineering to reduce the time to close the financial periodParticipate in other projects as requiredOther miscellaneous duties as assignedSkills/Requirements/Qualifications
Bachelor's degree or higher in AccountingCertified Public Accountant designation strongly preferredMinimum of 10 years of Florida Property and Casualty statutory accounting experience with progressively increasing supervisory responsibilitiesProperty and Casualty Reinsurance experience in FL preferred but not requiredIn depth knowledge of insurance, catastrophe event, and quota share reinsurance accountingMaster level Excel skills and proficiency in other Microsoft Office and database productsGeneral ledger data extraction and aggregationExcellent written and oral communication, presentation, organizational, interpersonal, analytical and supervisory skills with the ability to tailor to targeted audienceAbility to manage multiple tasks and projects concurrently to unchangeable timelinesSQL data extraction a plusCreativity and ability to develop innovative solutions to problemsConsiderable experience in managing others and strong leadership skillsAbility to work with documents and spreadsheets requiring close vision
EEOC Compliance:
Olympus Insurance Company is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based upon race, religion, color, national origin, sex, age, sexual orientation, gender identity, status of an individual with a disability, veteran status or any other characteristics protected by federal, state or local law.
Pay Range:
$160,000 - $190,000 per year