Controller

About the role

Midwest Family Mutual Insurance Company (MFM) is an “A-” rated property & casualty insurer and has been recognized as one of the top 50 P&C companies in the nation. With a strong legacy of financial stability and innovation, we continue to grow and expand our capabilities across key business functions. This position offers the opportunity to contribute to a high-performing accounting function and play a key role in supporting strategic financial initiatives. At MFM, we pride ourselves on fostering a collaborative and values-driven workplace where talented professionals can thrive.

Responsibilities

• Oversee the preparation and review of monthly, quarterly, and annual financial statements in accordance with NAIC Statutory Accounting Principles.
• Lead the preparation and filing of statutory reports, including the Annual Statement, Risk-Based Capital report, and Management Discussion & Analysis.
• Manage the monthly and annual close process, ensuring accuracy, completeness, and timeliness.
• Oversee general ledger activity, including journal entries, reconciliations, and financial data integrity.
• Review and approve accounting for premiums, losses, reinsurance transactions, and investments.
• Ensure compliance with internal controls, accounting policies, and regulatory requirements.
• Coordinate with external auditors and regulatory examiners, including managing audit and examination processes.
• Monitor changes in accounting standards and insurance regulations and assess their impact on financial reporting.
• Lead, mentor, and develop accounting staff, including assigning work, reviewing performance, and supporting professional growth.
• Establish and maintain accounting policies, procedures, and best practices.
• Support budgeting, forecasting, and cash flow analysis in collaboration with finance leadership.
• Identify and implement process improvements to enhance efficiency, accuracy, and scalability of accounting operations.
• Collaborate with underwriting, claims, and other departments to ensure accuracy of financial data and reporting.

Requirements

• Bachelor’s degree in accounting or finance required. CPA designation strongly preferred.
• 7+ years of general accounting experience.
• Proven leadership experience managing and developing accounting staff.
• Strong knowledge of NAIC statutory accounting principles and regulatory reporting.
• Experience overseeing financial close processes, general ledger, and internal controls.
• Experience in the Property and Casualty Insurance industry preferred.
• Strong analytical, organizational, and communication skills.