The Hartford Financial Services Group, Inc

Assistant Vice President & Controller

The Hartford Financial Services Group, Inc • $192K — $288K *
Hartford, CT 06106Hybrid
Finance & Insurance
8 - 10 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field (CPA preferred).
  • 10+ years of experience in insurance financial reporting or accounting with strong knowledge of premiums and losses.
  • Deep understanding of GAAP and Statutory reporting, IBNR concepts, and financial controls.
  • 5+ years of direct experience leading and developing teams.
  • Strong analytical, problem-solving, and decision-making skills.
  • Proven ability to communicate effectively with senior leadership and influence across functions.

Responsibilities

  • Lead monthly and quarterly close processes for Loss and LAE reserves, ensuring accuracy in financial reporting.
  • Oversee the booking of IBNR reserves, aligning with actuarial selections for both GAAP and Statutory financials.
  • Analyze variances to plans and previous periods, providing insights to stakeholders.
  • Prepare and review Actuarial driven GAAP and Statutory disclosures, such as reserve tables and regulatory filings.
  • Maintain strong financial controls and ensure compliance with SOX and other regulations.
  • Collaborate with Actuarial, FP&A, and Reinsurance teams to resolve complex financial issues and align on results.
  • Drive initiatives for process improvement and modernization in reporting and booking.

Benefits

  • Engaging company culture promoting inclusion and collaboration.
  • Opportunities for career development and succession planning.
  • Access to advanced tools and technology for financial processes.
  • Support for professional certifications, such as CPA.
  • Strong focus on employee well-being and work-life balance.
Full Job Description
AVP & Controller - FE05CE

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 organizationsand 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:

$192,000 - $288,000

About The Hartford Financial Services Group, Inc

The Hartford is an industry leading provider of property and casualty insurance, group benefits and mutual funds. Throughout our rich history of more than 200 years, countless businesses and individuals, including Robert E. Lee, Abraham Lincoln and Babe Ruth, have turned to our company for protection. The Hartford celebrated its 200th anniversary in 2010.

The Hartford Financial Services Group, Inc. Careers

Join the esteemed team at The Hartford Financial Services Group, Inc., a leader in investment and insurance, where we offer more than just job opportunities—we provide a platform for professional growth and innovation. As one of the most respected names in the financial services industry, The Hartford is dedicated to fostering a culture of diversity, leadership, and continuous development.

Work You’ll Do

Embark on a career with The Hartford and contribute to our mission of helping customers achieve amazing financial outcomes. You will have the chance to work alongside a team of experts who are not only skilled in their fields but are also passionate about making a difference.

Transform Your Career

At The Hartford, we believe in nurturing talent through comprehensive training programs and robust career development opportunities. Our commitment to professional growth is evident in our dynamic leadership and diversity training programs that prepare you for the future.

Innovate with Us

Innovation is at the heart of everything we do at The Hartford. Join us and bring your unique perspective to help shape the future of financial services. Our collaborative environment encourages creativity and is the perfect place to advance your skills in groundbreaking ways.

Be Part of a Great Team

The Hartford is not just a company; it's a community. We pride ourselves on a workplace culture that upholds the values of inclusivity and teamwork. By joining us, you’ll work on diverse teams that value your insights and encourage networking and mutual support.

Future-Proof Your Career

With a wide range of job opportunities, from internships to full-time positions, The Hartford offers a path for everyone. Whether you’re just starting out or looking to take your career to the next level, we provide the tools and support needed to succeed. Our benefits package is designed to ensure that our team members are well taken care of, not only at work but in all aspects of life.

Explore Job Opportunities and Internships

Whether you're polishing your resume, preparing for an interview, or seeking to enhance your employment experience, The Hartford has a position to match your skills and ambitions. We are continuously hiring and looking for new talent to join our thriving team.

Stay Connected

Join Our Team Search open positions that match your skills and interest at The Hartford. We look for passionate, curious, creative, and solution-driven team players.

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Learn more about The Hartford Financial Services Group, Inc
Size
18,500 employees
Market Cap
$24.1 billion
Industry
Finance & Insurance
Net Income
$1.7 billion
Founded
1810
5 Year Trend
+6.5%
Revenue
$20.5 billion
NASDAQ
HIG
* Ladders Estimates

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