Director, Statutory Accounting
Position Summary
This leadership role sits at the center of statutory financial reporting, regulatory compliance, and insurance-specific tax oversight. The Director will own the end-to-end statutory reporting process across regulated entities, ensuring accuracy, timeliness, and full alignment with Statutory Accounting Principles (SAP) and evolving regulatory requirements.
Beyond core reporting, this individual will operate as a technical authority – interpreting new accounting guidance, assessing complex transactions, and translating regulatory change into actionable reporting frameworks. The role also carries direct leadership responsibility for teams spanning statutory reporting and premium tax/state filings.
This position reports directly to the Vice President, Corporate Controller and plays a visible role in interfacing with auditors, regulators, and actuarial stakeholders.
Core Responsibilities
Statutory Financial Reporting & Filings
- Lead the preparation and submission of quarterly and annual statutory statements, including all required schedules, exhibits, and disclosures
- Oversee completion of key insurance schedules (e.g., Schedule P, Schedule S) and ensure internal consistency across filings
- Direct the preparation of financial statement footnotes, interrogatories, and supporting documentation
- Ensure all filings meet NAIC and state-level regulatory standards with no compromise on quality or deadlines
Regulatory Compliance & Technical Accounting
- Maintain ongoing compliance with SAP, proactively monitoring regulatory updates and interpreting their implications
- Serve as the internal subject matter expert on statutory accounting treatment for new or complex transactions
- Develop and implement reporting requirements tied to new disclosures or regulatory changes
- Establish and maintain robust documentation to support regulatory reviews and examinations
Premium Tax, State Filings & Assessments
- Oversee the preparation and review of quarterly estimated premium tax filings and annual returns
- Direct all state assessment filings and related compliance activities
- Review and approve accruals tied to premium taxes and regulatory obligations within the general ledger
- Ensure accuracy, completeness, and audit readiness across all tax-related deliverables
Leadership & Team Management
- Lead and develop a team of 4-5 professionals across statutory reporting and tax/filings functions
- Drive accountability, performance standards, and continuous improvement within the team
- Manage timelines, deliverables, and workload prioritization in a deadline-driven environment
Candidate Profile
Education & Credentials
- Bachelor’s degree in Accounting or Finance required
- CPA or equivalent professional certification strongly preferred
Experience
- 4-7+ years of experience in statutory accounting within the insurance sector
- Exposure to multiple lines of business (e.g., A&H, Life, P&C) is advantageous
- Demonstrated experience with statutory reporting, regulatory filings, and premium tax compliance
- Prior leadership or team management experience preferred
Technical Expertise
- Deep working knowledge of Statutory Accounting Principles (SSAP)
- Familiarity with NAIC reporting requirements and annual statement preparation
- Experience with reporting and accounting systems (e.g., SOVOS/eFreedom, Oracle or similar ERP platforms)
- Strong understanding of insurance financial statements, capital requirements, and regulatory frameworks
Leadership & Execution Competencies
- Strong analytical orientation with the ability to synthesize complex regulatory guidance
- High level of ownership and accountability in a deadline-intensive environment
- Effective communicator with the ability to interface across finance, actuarial, and regulatory stakeholders
- Proven ability to lead teams, manage competing priorities, and drive process improvements
Why This Role
This is a high-impact leadership opportunity for a technically strong statutory accounting professional who wants to operate at the intersection of reporting, regulation, and strategy. The role offers visibility to senior leadership, ownership of critical regulatory processes, and the ability to shape how the organization responds to an evolving insurance accounting landscape.
If this position is of interest please apply directly via the enclosed link, or email your resume to [email protected].
