Assistant Financial Controller Jobs in Springfield, MA

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Role Summary:

• The AVP & Controller, Financial Reporting and Booking lead the Reporting & Booking function within Actuarial Reserving, with accountability for the accuracy, integrity, and transparency of Loss and LAE financial results.

• This role provides end-to-end oversight of reserving-related financial reporting, including GAAP and Statutory booking, disclosures, and variance analysis, supporting a $24B+ net Loss and LAE IBNR portfolio (as of 12/31/2025). The team's work product has significant internal and external visibility, supporting senior leadership, Board reporting, and external financials.

• As a enterprise leader, this individual leads a team of up to 6 professionals, operates as a key integrator across Finance and Actuarial and drives continuous improvement and modernization of reserving-related booking and reporting processes.

Scope of Responsibility:

• End-to-end ownership of financial reporting and booking of Loss and LAE reserves, including GAAP and Statutory results.

• Direct leadership of a team of 6 finance/accounting professionals.

• Financial accountability for $24B+ in net Loss and LAE IBNR reserves.

• High-impact role supporting monthly close, quarterly earnings, Board reporting, and external disclosures.

• Enterprise-wide influence across Actuarial (Ongoing & Runoff), FP&A, Reinsurance Accounting, and Accounting Operations.

• Significant visibility within the Actuarial and Finance organizations and with senior leadership.

Key Responsibilities:

Financial Reporting & Booking Excellence:

• Lead the monthly and quarterly close processes for Loss and LAE reserves, ensuring accurate and timely financials.

• Oversee booking of IBNR and related reserves across GAAP and Statutory financials, ensuring alignment with actuarial selections.

• Analyze and explain variances to plan and prior periods providing clear insights to stakeholders.

External Reporting & Disclosure:

• Lead preparation and review of Actuarial driven GAAP and Statutory disclosures, including reserve tables, GAAP triangles, Schedule P, and Actuarial Opinion support.

• Provide financial information supporting 10-K, Annual Statements, and regulatory filings.

• Develop materials for Board of Directors, audit committees, and external stakeholders (e.g., analysts, rating agencies).

• Ensure clear, accurate communication of reserving results and key drivers of change.

Governance, Controls & Risk Management:

• Maintain strong financial controls, governance, and SOX compliance across booking and reserving processes.

• Ensure audit readiness and compliance with accounting standards and regulatory requirements.

• Identify and mitigate financial, operational, and reputational risks related to IBNR reserve reporting.

• Strengthen control environment by enhancing documentation, consistency, and transparency.

Cross-Functional Leadership & Enterprise Influence:

• Partner closely with Actuarial, FP&A, Reinsurance, and Finance leadership to align financial results and resolve complex issues.

• Serve as a trusted advisor, translating actuarial results into financial insights for decision-making.

• Influence prioritization of work and initiatives across functions to deliver enterprise outcomes.

• Support strategic decision-making through analysis of financial performance, trends, and reserving impacts.

Strategic Process Improvement & Transformation:

• Lead initiatives to modernize booking and reporting processes, including automation and simplification.

• Identify and implement opportunities to improve efficiency, accuracy, and scalability.

• Drive adoption of new tools, technologies, and data capabilities across booking and reporting processes.

• Contribute to broader Finance and Actuarial transformation efforts.

Talent Leadership & Team Development:

• Lead, coach, and develop a team of up to 6 team members, fostering a high-performing and inclusive culture.

• Set clear expectations, provide regular feedback, and support career development and succession planning.

• Promote strong engagement, collaboration, and accountability across the team.

• Build capabilities aligned to future Finance and Actuarial needs.

Executive Communication & Stakeholder Management:

• Communicate complex financial results to senior leadership in a clear and concise manner.

• Prepare and present financial insights, and variance analysis to executives.

• Support discussions with Board, audit committees, and external stakeholders.

• Provide fact-based recommendations and actionable insights.

Leadership Expectations (Hartford Leader Profile):

This leader is expected to role model The Hartford's Behaviors and Leader Profile:

• Lead with Inspiration - Develops and motivates high-performing teams; invests in talent and builds an inclusive, engaging environment.

• Lead with Aspiration - Thinks strategically, challenges the status quo, and drives forward-looking solutions.

• Lead with Impact - Delivers results through collaboration, disciplined execution, and enterprise thinking.

• Lead with Authenticity - Communicates with transparency and candor, building trust and navigating complex decisions effectively.

Qualifications & Experience:

• Bachelor's degree in Accounting, Finance, or related field (CPA a plus).

• Significant experience (10+ years) in insurance financial reporting or accounting including knowledge of premium and losses.

• Deep knowledge of GAAP and Statutory reporting, IBNR concepts, and financial controls.

• Demonstrated success in leading and developing teams, with 5+ years of direct people management experience.

• Strong analytical, problem-solving, and decision-making skills.

• Proven ability to influence across functions and communicate with senior leadership.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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