AVP, Entity Controller

AVP, Entity 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 Entity Controller is ultimately responsible for the books and records of a block or blocks of business within a Wilton Re entity. They will be responsible for the preparation of journal entries and reconciliations for monthly activity and quarterly close, and the documentation and monitoring of certain relevant internal controls for SOX compliance. Will prepare work papers and assist in the preparation of financial statements and footnotes in accordance with both Statutory and US GAAP. This includes performing financial statement analytics and explaining results to management for use with the Board, auditors, and regulators.

Role Responsibilities:

• Manage most aspects of quarterly close process related to the responsible block of business, both Statutory and GAAP, including:
• Preparation of journal entries; Statutory, Corporate, GAAP adjustments to Statutory accounting, Ad hoc
• Performance of Balance Sheet tie out and various other internal control work, including resolution of discrepancies noted in performance of controls
• Analysis and preparation of actual results, quarterly trend analyses, and communication of results to the Controller and other senior management
• Perform investment trust analysis and reporting to external parties
• Continuous process improvements, including identification and implementation of opportunities for process and control enhancements
• Coordinate across departments within a small organization (e.g., Operations, Legal, Tax, Investments, etc.), as well as with various Third-Party Administrators and vendors, as needed
• Responsible for the preparation and related filing of:
• Quarterly and Annual Statements (Bluebook)
• Annual Statutory Audited Financial Statements
• Various state and client reporting
• Assist with the preparation of Consolidated GAAP Financial Statements, and coordination of the annual internal and external audits
• Participate in the DOI examinations, as needed
• Perform other related duties as required, based on the changing goals and objectives of the department and organization

Basic Qualifications:

• Minimum 8 years of experience relevant experience in accounting
• Big 4 public accounting experience or combination of public and private experience
• Strong technical knowledge of US GAAP and US Statutory accounting principles, including consolidation
• Life insurance or Reinsurance experience, including statutory Bluebook reporting
• Strong interpersonal and communication skills
• Self-starter with strong analytical capabilities and good organization and project management skills
• Motivated with ability to take initiative and manage competing priorities while consistently hitting deadlines
• Proficiency in Microsoft Office Suite, particularly Excel and SharePoint
• Experience with Gain and Workiva software a plus

Required Education / Certifications:

BS or BA in Accountancy preferred, Mathematics or other with equivalent accounting experience

Candidate with CPA or MBA a plus

Pay/Location

Norwalk, CT

Hybrid Structure

Minimal to no travel required

Base salary/hourly rate range for this position in Connecticut is between $140,000 and $ 170,000 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.

Base salary is just one component of Wilton Re’s total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives (equity). All incentives and benefits are subject to the applicable plan terms.

What We Offer:

• Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
• 401(k) plan with employer contribution - US Employees Only
• Profit Sharing Program
• Competitive parental leave
• Health, vision, dental, and life insurance, including access to health and wellness programs
• Actuarial Development Program (ADP) for Actuarial employees taking exams
• Employee Assistance Program (EAP)
• Current hybrid working environment
• Employee Engagement Events and various committees on site to join

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.

To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolicited resumes.