accounting manager Remote
Job description
Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc.
Now is the perfect time to join the journey. Here's why
- It's working. We're in multiple states and on our way to operating countrywide. We have thousands of agents selling our product and millions of dollars of annual customer premiums.
- We're well-backed & stable. We closed our $75M Series C fundraise. We are supported by some of the top investors globally, including Google's "Gradient" AI-focused fund, Obvious Ventures (Beyond Meat, etc.), and Advance Venture Partners.
- It's not too late! Despite this traction and stability, we're still early enough in the journey that there's time to make a real difference during Openly's formative period.
If you'd like to understand more about Openly's mission, consider checking out this video (https://vimeo.com/267654520) from a company pitch we gave several years ago at Techstars.
Job Details
Openly is looking for an Accounting Manager who will manage and perform its reinsurance and statutory reporting function. The ideal candidate will demonstrate the ability to execute best practices in accounting and reporting as well as identify and implement improvements in processes. They should possess experience working in a corporate environment and an in-depth understanding of insurance/reinsurance accounting and statutory reporting.
Key Responsibilities
Ownership of reinsurance accounting function, including all monthly internal/external reporting tasks, loss fund/recoverable tracking and being the liaison to all fronting companies, reinsurance brokers and reinsurers.
Manage the Statutory Reporting function, including preparation of NAIC Quarterly and Annual Statements including all supplemental schedules, miscellaneous state-specific statutory/tax filings, etc.
Preparation and maintenance of GAAP to Statutory financial records
Provide technical accounting input in areas of complex reinsurance transactions and statutory regulations for appropriate treatment
Evaluate current practices and policies and drive continuous improvement
Build strong relationships with key internal and external stakeholders and manage various reporting and meeting requirements to maintain alignment
Manage and assist with ad-hoc projects, reporting requests, various month-end close items, and operational tasks as needed
Requirements
Bachelor's degree in Accounting required
CPA strongly preferred
6+ years of insurance accounting experience required
In depth understanding of reinsurance (XOL, quote-share, loss occurring, risk attaching, assumed and ceded risk, reinsurance towers, etc.)
GAAP and SAP (Statutory Accounting Principle) knowledge
Experience with NetSuite preferred, but not required
Proven track record of implementing improvements to accounting processes and developing efficient/automated process
Exceptional interpersonal and communication skills with both internal and external stakeholders
Excellent organization skills and attention to detail
Comfortable in a fast-paced, demanding environment; able to manage multiple tasks and juggle several time-sensitive demands, while adapting to changing priorities
#LI-CB1
Benefits & Perks
- Competitive salary, corporate bonus program, equity position in a start-up company
- Company-sponsored medical, dental, vision insurance plans, short-term and long-term disability, life insurance, 401k with corporate contribution, and FSA plan
- Company-paid 12 weeks parental leave policy
- The company fully embraces the "work-from-anywhere in the US" mentality, even before COVID restrictions.
- Paid Time Off
- Fun, fast-paced, startup environment
U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer and currently residing in the US will be considered.
Openly is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Openly is an E-Verify Employer in the United States. Openly will make reasonable accommodations for qualified individuals with known disabilities under applicable law.
