U.S. Controller

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Position Overview:

Reporting to the U.S. Chief Financial Officer, the U.S. Controller is a senior finance leader responsible for overseeing U.S. controllership, financial reporting, and the end-to-end accounting and close function. This is a highly visible role that partners closely with the CFO and senior leadership to ensure accurate reporting, a strong control environment, and scalable finance operations to support Ascot’s growth.

Key Responsibilities:

Financial Reporting & Close

• Own the monthly, quarterly, and annual close process, including journal entries, account reconciliations, balance sheet substantiation, and management reporting.
• Oversee U.S. consolidations and ensure timely, accurate financial reporting in accordance with U.S. GAAP and applicable statutory requirements.
• Ensure accurate preparation of statutory financial statements in accordance with Statutory Accounting Principles (SAP), footnote disclosures, and supporting schedules for internal and external stakeholders.
• Oversee preparation and review of key accounting judgments, estimates, and technical position memos.
• Manage regulatory filings, including annual and quarterly statutory statements, schedules, and regulator-facing disclosures.

Accounting Operations & Internal Controls

• Lead and strengthen accounting operations across premium, claims, reinsurance, commissions, intercompany, and financial reporting.
• Maintain and enhance a strong internal control environment aligned with SOX / internal governance expectations including documentation, testing coordination and audit readiness.
• Own control design and operational effectiveness across manual and system-driven processes, partnering with Internal Audit and Risk as appropriate.
• Drive standardization, documentation, and continuous improvement of accounting policies and procedures.

Audit, Regulatory & External Engagement

• Serve as primary point of contact for external auditors and regulators on accounting and financial reporting matters.
• Lead audit planning, execution, and resolution of audit findings across U.S. entities.
• Coordinate management representation letters, audit committee materials, and regulator inquiries.

Transformation & Systems

• Play a leadership role in finance system and operational transformations.
• Partner with IT and project teams to ensure accounting requirements, data integrity, and control considerations are embedded in system designs.
• Drive process improvements, automation, and system enhancements to increase efficiency, accuracy, and scalability.

Organizational Leadership & Collaboration

• Lead the high-performing U.S. accounting and controllership function across multiple legal entities and locations in a high-growth environment.
• Provide leadership and development for the U.S. accounting team; establish clear expectations, coaching, and career paths.
• Support strategic initiatives such as operational scaling, new product launches, and potential transactions.
• Act as a trusted business partner to the CFO and senior leadership by providing analysis and insights to support decision-making.

• Commitment to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Requirements:

• CPA with 10+ years of progressive accounting and controllership experience, ideally within insurance (carrier, reinsurer, MGA, or specialty insurance platform) or a similarly regulated financial services environment.
• Deep expertise in U.S. GAAP, with a solid working knowledge of Statutory Accounting Principles (SAP) and insurance regulatory reporting requirements.
• Proven ownership of the financial close and reporting lifecycle across multiple legal entities, including consolidation and complex intercompany activity.
• Strong experience with internal controls, SOX compliance, and audit management, including coordination with external auditors and preparation of financial statements and related disclosures.
• Demonstrated success leading, developing, and scaling high-performing accounting teams in evolving environments.
• Hands-on experience with finance transformation initiatives, including close acceleration, automation, system implementations or enhancements, and controls modernization.
• Ability to operate effectively at both strategic and executional levels, with exceptional attention to detail and a strong sense of accountability.
• Strong communication skills, including the ability to clearly present financial results, issues, and recommendations to senior leadership and cross-functional stakeholders.
• Comfort managing competing priorities in a fast-paced, high-growth environment, with the ability to adapt as priorities evolve.
• Sound judgment and a proactive, ownership-driven approach to problem solving and decision-making.
• Collaborative, high-integrity leader and teammate, known for transparency, professionalism, and partnership.
• Ability to work in-office at least 3 days a week.

Compensation:

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company. 

The annualized base pay range for this role is: $275,000 - 290,000.

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Paid Sick/Safe leave, Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)

Retirement Benefits: Contributory Savings Plan (401k)

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