Christopher Crapo
About Christopher Crapo
Christopher Crapo serves as the Assistant Controller at ShelterPoint Life, where he has worked since 2010. He specializes in financial statement preparation, accounting policy documentation, and financial controls, leveraging his extensive background in accounting.
Work at ShelterPoint
Christopher Crapo has served as the Assistant Controller at ShelterPoint Life since 2010. He is based in Great Neck, NY, and has held this position for 14 years. In his role, he supports various financial functions, including Accounts Payable, Payroll, and Budget management. He actively participates in corporate project teams as assigned by senior management, contributing to the overall financial strategy of the organization.
Education and Expertise
Christopher Crapo studied Accounting at St. John's University, where he earned a Bachelor of Science (BS) degree from 1980 to 1984. He also attended Holy Cross High School and studied at OLBS. His expertise includes preparing Annual and Quarterly Financial Statements for state regulatory authorities and maintaining Fixed Assets using BNA Software. He keeps current with developments in accounting, tax, and insurance industries.
Financial Reporting and Controls
In his capacity as Assistant Controller, Christopher prepares monthly financial statements using Biznet Software for management review. He is responsible for producing Schedule D investment schedules and exhibits. He also prepares and reviews monthly cash books and accrual entries to generate Accrual Trial Balance. Christopher develops, implements, and maintains financial controls, ensuring compliance with accounting policies established for the company.
General Ledger Management
Christopher has significant experience in general ledger management. He mapped general ledger accounts from the old system (MAS 90) to the new general ledger system (EAS Sungard) and reconciled historical General Ledger detail data to this new system. Additionally, he mapped general ledger accounts to Crystal Reports for monthly financial reporting, enhancing the accuracy and efficiency of the reporting process.
Tax Preparation Support
Christopher supports the preparation of Federal and State income tax returns, as well as State Premium tax returns. He interacts with consulting actuaries and staff actuaries as part of his role, ensuring that the financial reporting aligns with regulatory requirements and industry standards.