Line of Business Controller

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

Who You'll Work With

As a highly collaborative team, we serve as effective partners and balance sheet stewards providing the financial leadership to deliver on Corebridge’s strategic objectives. As a member of the Finance team, you will:

• Act as an effective and trusted business partner.
• Provide actionable insights and analysis, influencing business partners and accelerating decision-making.
• Be a prudent and efficient allocator of capital.
• Optimize return on capital by balancing balance sheet strength, investment in growth and shareholder returns.
• Focus on process improvement:
• Build an efficient operating model to maximize time spent on value-adding activities.
• Re-engineer and streamline end-to-end processes and controls, eliminating manual and redundant work.
• Develop and retain talent.
• Cultivate a diverse and inclusive workforce with appropriate technical skillsets and ability to adapt to an evolving public company.

About The Role

Primary responsibilities of the Line of Business Controller role will have primary accountability and ownership over the line of business results included within the ledger.  This role will be the primary liaison between the CFOs, CFAs and Core Controllers team as it relates to ensuring ledger accuracy by line of business.  The Line of Business team will champion transformation efforts and drive process improvements in areas such as, but not limited to, accounting systems and workflows

This position reports to the Corebridge Controller and works closely with the Business Unit CFO and CFA teams, Actuarial and the Core Controllers team.    

Responsibilities

• Ownership of the Line of Business close process.  This includes collaboration with Actuarial, Reinsurance, and Financial Reporting ensuring integrity of P/L, Reserve rollforwards, and other Key Balance Sheet items.
• Lead creation, implementation, and communication of financial and operational information to key stakeholders – e.g. Source of Profits, mortality reports, claims trending, persistency and spreads.
• Lead other Finance and Actuarial teams in defining, developing, and executing transformation initiatives and process improvement solutions.
• Lead creation, implementation, and communication of financial and operational information to key stakeholders.
• Develop relationships with members of other departments to facilitate resolution of issues and staying informed of potential future issues.
• Ownership of Line of Business of the Life & Retirement Financial Supplement and related analysis.
• Ownership of BPC ledger hierarchy and RLOB management.
• Ensure ledger accuracy by line of business leading Core Controllers, Operations, and I/T teams to resolve outstanding issues.
• Ensure that appropriate internal controls are developed and executed to ensure the accuracy of reported financial information.
• Assist in managing special projects and ad hoc requests.

Skills and Qualifications

• Analytical and practical problem solving skills with strong organizational skills and attention to detail.
• Strong verbal and written communication skills with a customer-centric and front-line staff perspective.
• Proven leadership skills and positive attitude with the ability to make consistent, sound and effective decisions with minimal direction.
• Experience managing staff and focus on staff development.
• Ability to collaborate and interact effectively with all levels of staff and management, on and off-site.
• Ability to multi task with a variety of systems and processes.
• Preference given for strong understanding of the business line, including insurance accounting and reporting.
• Demonstrated record of consistent strong performance.
• Ability to lead / drive change across functional areas / departments.
• Ability to adapt to organizational changes. Readily accept new responsibilities and assignments.
• Assist with integration of new business opportunities or changes in product structure as it relates to flow through the accounting ledger.
• Bachelor’s degree and 5 + years of experience in Finance or Controllership role.
• Experience with Annuity and Life Insurance products and related accounting/reporting.
• Financial systems knowledge preferred including, but not limited to, SAP/BPC.
• Strong Microsoft Office skills, including Word, Excel, and PowerPoint.
• Proven track record of showing initiative and creativity.
• Hands on self-starter, with experience learning new, complex topics.
• Demonstrated flexibility and adaptability.
• Track record of acting with a sense of urgency.
• Demonstrated history of high quality work product.
• Excellent time management skills to ensure metrics and timelines for tasks/projects are met.
• Proven record of being an effective listener and communicator with employees, peers and superiors.
• Results focused with a track record of achievement.
• Ability to thrive in a very dynamic finance team, going through significant change.
• Solve core issues rather than correcting a symptom.

Compensation

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location 

If the position is based in one of Corebridge Financials' hub offices which is Houston, TX, Jersey City, NJ. or Woodland Hills, CA office the role is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. However, we are open to considering full remote candidates outside of these areas.

#LI-SB1  #LI-SAFG #LI-Remote

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area: