Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown is seeking a Controller to join our growing team in Lake Mary, FL!
This is a responsible financial management position with duties that include supervision of accounting staff, financial accounting and reporting, and support services for multiple pool programs.
How You Will Contribute:
Financial accounting and reporting
Prepare or review monthly internal financial statements;
Prepare or review quarterly financial statements for pool governance boards and management;
Prepare or review annual financial statements for pool governance boards and management;
Oversee general ledger account maintenance and supporting work papers for pool programs;
Post or approve excess insurance expense recognition journal entries and supporting documents;
Post or approve claims related journal entries and supporting documents;
Post or approve accruals for premiums and fees;
Review bank statements, investments statements and related reconciliations associated with insurance pool financial assets;
Prepares annual reporting requirements for applicable state regulatory bodies, National Council on Compensation Insurance (NCCI), and Insurance Services Office (ISO);
Prepare or coordinate preparation of premium, state income or federal income tax filings.
Prepare various bank reconciliations for Trust Administrator to assist with segregation of duties.
Budgeting
Treasury Management
Monitor cash flows to ensure availability of adequate balances to meet pool program obligations as they come due.
Monitor cash balances to ensure that idle cash is invested in a manner that maximizes returns consistent with the investment policies of individual pools.
Design and monitor cash receipting processes consistent with effective internal controls
Design and monitor cash disbursements processes consistent with effective internal controls
Audit
Coordinate audit field work and report presentation with pool external auditors
Prepare annual comprehensive financial report for submission to the Government Finance Officer’s Association’s Excellence Financial Reporting program as requested by pool governance boards.
Actuarial Valuations
Propose contract terms for actuary
Coordinate compilation of actuarial data and year end unpaid claims liability and claims expense valuation with pool actuaries
Reconcile the change in unpaid claims liability from expense and cash disbursement activity in concert with development of audited financial statements.
Trustee relations and communications
Serve as member or advisor on pool governance board investment and finance subcommittee
Report to pool governance boards on financial administration and reporting matters including presentation of unaudited financial results (period over period fluctuations and budget variances) and proposed budgets.
Accumulate and report data to pool governance boards as required by administrative agreements.
Staff supervision and operations
Direct and supervise pool accounting staff in multiple locations for multiple pool programs
Oversee staff internal and external interaction
Manage relationships between the accounting department and other departments or outside entities
Skills & Experience to be Successful:
Certified Public Accountant (preferred)
Experience/ credentials (e.g. CPCU, ARM) in the insurance industry (preferred)
Experience/ credentials (e.g. CGFOA) in public entity financial administration or auditing (preferred)
Experience/ credentials (e.g. CMA) in financial administration and management (preferred)
Bachelor of Business Administration
Ability to effectively communicate with pool governance boards, all levels of Brown & Brown management and line staff.
Computer literate with ability to import and export data between computer programs, strong Microsoft Excel and Word skills. Working knowledge of Microsoft Access or other comparable database program.
Exceptional telephone and video conferencing demeanor
Ability to maintain a high level of confidentiality
5 – 8 years’ experience in a similar position managing multiple entities or audit engagements.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.