VP, Financial Controller - Eatontown, NJ/Hybrid

Crum & Forster (C&F) provides market-leading property & casualty, accident & health, specialty and standard commercial lines insurance solutions. A true underwriting company, we have a 200-year history of helping customers manage risk with laser-focused expertise, integrity and discipline. Our annual gross written premium is $6.2 billion. C&F enjoys a financial strength rating of "A+" (Superior) by AM Best. With 3,000 employees and locations throughout the United States and India, we are consistently recognized as a great place to work, including the Great Place to Work® Award, Fortune 100 Best Companies to Work For, and Fortune Best Workplaces for Parents and Millennials.

About the role

The Finance Organization of the Crum & Forster Accident & Health Division is seeking an experienced, multi-talented individual to oversee and lead financial reporting, accounting operations, financial governance, controls, and statutory compliance.

Responsibilities

• Oversee the daily accounting operations of the organization.
• Manage the monthly, quarterly, and annual close process.
• Prepare and review internal financial statements.
• Premium and Revenue Accounting:
  • Oversee accounting for written premium, earned premium, policy fees and commissions, and premium receivables.
  • Ensure premiums are recorded accurately by policy period, product line, state or jurisdiction, and distribution channel.
• Loss and Reserve Accounting:
  • Coordinate accounting for paid losses, case reserves, incurred but not reported reserves, and loss adjustment expenses.
  • Work with actuarial, claims, and finance teams to validate reserve-related financial entries and review reserve movements.
• Reinsurance Accounting:
  • Oversee ceded and assumed reinsurance accounting, where applicable.
  • Ensure proper recording of reinsurance recoverables, ceded premiums, commissions, loss recoveries, and funds held balances.
  • Reconcile treaty and facultative activity with reinsurers and brokers.
  • Monitor collectability and aging of reinsurance balances.
• Regulatory and Statutory Responsibilities:
  • Support preparation of statutory financial statements such as Annual, Quarterly, and Supplemental Schedules.
  • Ensure compliance with statutory accounting principles, IFRS, and state insurance department requirements.
• Leadership:
  • Train team members on accounting policy, insurance accounting concepts, controls, and documentation standards.
  • Build a culture of accuracy, accountability, and continuous improvement.
  • Provide leadership to maintain a motivated, productive, and competent team through open communication and delegation.
  • Demonstrate strong mentoring, relationship building, planning, and organizational skills.
  • Guide and direct team members in their personal and professional development.
  • Drive performance excellence through goal-setting, quality feedback, and performance appraisals (midyear and annual).
  • Create a working environment where productivity, innovation, and personal growth are encouraged.
  • Role model the A&H culture, values, and C&F core competencies.
• Internal Controls and Governance:
  • Design, maintain, and monitor internal controls over financial reporting.
  • Ensure proper segregation of duties and approval workflows.
  • Review controls over premium accounting, claims disbursements, journal entries, reconciliations, and financial reporting systems.
  • Support compliance with internal governance requirements.
  • Identify accounting and reporting risks and escalate issues when needed.
• Treasury, Cash, and Operational Oversight:
  • Monitor cash flow, liquidity, and working capital.
  • Oversee bank reconciliations and cash controls.
  • Support treasury processes such as cash forecasting, funding needs, and payment controls.
  • Review operational accounting impacts tied to claims payments, producer commissions, reinsurance settlements, and vendor/TPA payments.
• Audit and Examination Support:
  • Serve as a key contact for external financial statement audits, SOX-related work, internal audit reviews, and insurance department examinations.
  • Prepare audit schedules, account analyses, and support documentation.
  • Resolve audit questions and help implement remediation plans for control gaps.
  • Improve efficiency, standardization, and accuracy in accounting workflows.
• Perform special projects and assignments under the direction of senior leadership.
• Other duties as assigned.

Requirements

• Bachelor’s Degree from an accredited institution or equivalent; Accounting or Finance Degree required.
• CPA a plus.
• 15+ years working in an accounting/financial role within the insurance space.
• Strong PC skills including Excel, Word, Outlook, PowerPoint, etc.

Skills

• Ability to clearly present information through spoken or written word; read and interpret complex information with moderate supervision.
• Ability to establish rapport with all customers and business partners.
• Demonstrated concern for high-level service delivery and strong focus on customer satisfaction.
• Capability to analyze relevant aspects of a situation before reaching a conclusion.
• Strong focus on accuracy when completing all projects.
• Sustained effort and dedication to producing superior work regardless of obstacles or setbacks.
• Displays personal concern, interest, pride, and accountability in all areas of responsibility.
• Ability to effectively handle multiple tasks in a fast-paced environment.
• Ability to work both independently and in a team environment.
• Strong organization and time management skills with exceptional attention to detail.

Benefits

• Competitive compensation package.
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits focused on whole family wellness, including physical, mental, and financial wellbeing.
• Career development support, including tuition reimbursement, industry-related certifications, and professional training.
• Dynamic, ambitious, and fun work environment.
• Matching donation program, volunteer opportunities, and employee-driven corporate giving program.

Pay

The annualized base pay for this position ranges from a minimum of $172,700 to a maximum of $253,200. Actual compensation is determined by factors including market pay for the role, responsibilities, required skills, and employee performance. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.