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Business Unit Controller Jobs

Company

Corebridge Financial

Address New York, NY, United States
Employment type FULL_TIME
Salary
Category Financial Services
Expires 2023-08-22
Posted at 9 months ago
Job Description
Preference is for the candidates to live in Houston, NY, or Los Angeles. However, we are open to this role working remotely anywhere in the United States.


Who We Are


At Corebridge Financial, Action is Everything. We are a new company, but not a new business. Formerly AIG Life & Retirement, we are one of the largest and most established providers of retirement solutions and insurance products in the United States, with a long and proven track record of serving our clients. Everyday, we proudly partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.


Position Summary


Primary responsibilities of the Line of Business Controller role will have primary accountability and ownership over the line of business results included within the ledger. This role will be the primary liaison between the CFOs, CFAs and Core Controllers team as it relates to ensuring ledger accuracy by line of business. The Line of Business team will champion transformation efforts and drive process improvements in areas such as, but not limited to, accounting systems and workflows.


Organizational structure


This position reports to the head of Life & Retirement Line of Business Controller team and works closely with the Business Unit CFO and CFA teams, Actuarial and the Core Controllers team.


Performance objectives


  • Ensure that appropriate internal controls are developed and executed to ensure the accuracy of reported financial information.
  • Ownership of Line of Business of the Life & Retirement Financial Supplement and related analysis.
  • Assist in managing special projects and ad hoc requests.
  • Ownership of BPC ledger hierarchy and RLOB management.
  • Lead creation, implementation, and communication of financial and operational information to key stakeholders.
  • Ownership of the Line of Business close process. This includes collaboration with Actuarial, Reinsurance, and Financial Reporting ensuring integrity of P/L, Reserve rollforwards, and other Key Balance Sheet items.
  • Develop relationships with members of other departments to facilitate resolution of issues and staying informed of potential future issues.
  • Lead other Finance and Actuarial teams in defining, developing, and executing transformation initiatives and process improvement solutions.
  • Ensure ledger accuracy by line of business leading Core Controllers, Operations, and I/T teams to resolve outstanding issues.
  • Assist with the implementation of the LDTI/ASU 2018-1 – Targeted improvements to the accounting of long-duration contracts.
  • Lead creation, implementation, and communication of financial and operational information to key stakeholders – e.g. Source of Profits, mortality reports, claims trending, persistency and spreads..


Position Requirements


  • Strong verbal and written communication skills with a customer-centric and front-line staff perspective.
  • Strong Microsoft Office skills, including Word, Excel, and PowerPoint.
  • Preference given for strong understanding of the business line, including insurance accounting and reporting.
  • Demonstrated record of consistent strong performance.
  • Bachelor’s degree and 5 + years of experience in Finance or Controllership role.
  • Assist with integration of new business opportunities or changes in product structure as it relates to flow through the accounting ledger.
  • Analytical and practical problem solving skills with strong organizational skills and attention to detail.
  • Proven leadership skills and positive attitude with the ability to make consistent, sound and effective decisions with minimal direction.
  • Financial systems knowledge preferred including, but not limited to, SAP/BPC.
  • Ability to adapt to organizational changes. Readily accept new responsibilities and assignments.
  • The ideal candidate should have:
  • Ability to lead / drive change across functional areas / departments.
  • Ability to multi task with a variety of systems and processes.
  • Ability to collaborate and interact effectively with all levels of staff and management, on and off-site.


Attributes


  • Excellent time management skills to ensure metrics and timelines for tasks/projects are met.
  • Results focused with a track record of achievement.
  • Demonstrated history of high quality work product.
  • Proven track record of showing initiative and creativity.
  • Proven record of being an effective listener and communicator with employees, peers and superiors.
  • Ability to thrive in a very dynamic finance team, going through significant change.
  • Track record of acting with a sense of urgency.
  • Solve core issues rather than correcting a symptom.
  • Hands on self-starter, with experience learning new, complex topics.
  • Demonstrated flexibility and adaptability.


What our employees like most about working for Corebridge Financial


  • Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24! 17 paid holidays per calendar year.
  • Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us? We put our money where our mouth is! Corebridge Financial, will give you up to 16 hours a year paid time off to volunteer in the community.
  • We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation.
  • Our people are at the forefront of creating value for customers and stakeholders and therefore we provide a generous benefits plan and competitive pay. Benefit package includes:
  • A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% in to your 401K regardless of if you enroll or not.


For positions based in Woodland Hills, California,, the base salary range is $130,000 - $172,000. For positions based in New York, New York the base salary range is $115,000 - $170,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary


We are an Equal Opportunity Employer


Corebridge Financial, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.


To learn more please visit: www.corebridgefinancial.com


Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected]. Reasonable accommodations will be determined on a case-by-case basis.


Functional Area


FA - Finance


Estimated Travel Percentage (%): Up to 25%


Relocation Provided: Yes


American General Life Insurance Company