Job Type:
PermanentBuild a brilliant future with Hiscox
Insurance Accounting Lead
Role Responsibilities:
As the Insurance Accounting Lead on Corix and Vouch, you’ll have the unique opportunity to assist in building foundational accounting processes, controls, and tools that will allow us to grow and scale into the future. You will be part of the Finance Reporting team and focus primarily on accounting and reporting, buildout and mapping of key processes, and partner with various cross-functional teams on ad-hoc projects and initiatives.
The ideal candidate is someone who loves a challenge, who can pick up unstructured tasks or projects and run with them to the finish line, someone who is comfortable in excel and dealing with large data sets as well as challenging results and digging into anomalies. Prior Insurance experience is preferred but not required, someone with the drive to learn a new industry would be a great asset and contribute a unique perspective. The role is perfect for someone that enjoys accounting and wants to control an entity’s monthly tasks.
Job Duties:
Manage day-to-day transactions related to the general ledger, revenue recognition, financial reporting, and payables and receivables
Lead monthly accounting close and reconciliation processes
Increase financial reporting accuracy and efficiency through targeted process improvements
Identify and coordinate enhancements for increased utilization of the Hiscox internal systems and drive the financial integrations
Develop strong internal controls and accounting process/policy documentation
Create and maintain detailed financial reporting for senior management, third party partners, and regulatory agencies
Ensure that records are maintained according to IFRS and Statutory accounting principles
Project manage the annual audit process, the regulatory financial exam, and assist with other ad hoc requests regarding to the financial aspects of the entities in charge
About you:
5 to 8 years of progressive accounting experience
Bachelor’s degree in accounting, finance, or business
CPA preferred
Advanced Microsoft Excel skills
Strong organizational skills
Strong analytical skills
Ability to manage large and complex data sets
Ability to work without direct supervision and efficiently manage tasks and meet deadlines
Process and results-oriented
Excellent oral and written communication skills
Nice to have:
Experience in a fast-paced start-up environment with fluctuating priorities
Public accounting experience
Experience with Oracle
Experience with SQL and database querying
A background in insurance or other regulated categories
What Hiscox USA Offers:
Competitive salary and bonus (based on personal & company performance)
401(k) with competitive company matching
Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
Company paid group term life, short- term disability and long-term disability coverage
24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days
Paid parental leave
4 week paid sabbatical after every 5 years of service
Financial Adoption Assistance and Medical Travel Reimbursement Programs
Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
Company paid subscription to Headspace to support employees’ mental health and wellbeing
Recipient of 2024 Cigna’s Well-Being Award for having a best-in-class health and wellness program
Dynamic, creative and values-driven culture
Modern and open office spaces, complimentary drinks
**Please note that this position is hybrid and requires two (2) days in our office weekly**
Salary range: $100-$120k
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
About Hiscox:
As an international specialist insurer, we are far removed from the world of mass market insurance products. Instead, we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.
We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.
Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.
Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.
About Hiscox USA:
Hiscox USA was established in 2006 to focus primarily on the needs of small and middle market commercial clients, via both the broker and direct distribution channels and is today the fastest-growing business unit within the Hiscox Group.
Today, Hiscox USA has a talent force of about 500 employees mostly operating out of 6 major cities - New York, Atlanta, Dallas, Chicago, Los Angeles and Scottsdale. Hiscox USA offers a broad portfolio of commercial products, including technology, cyber & data risk, multiple professional liability lines, media, entertainment, management liability, crime, kidnap & ransom, and terrorism.
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Work with amazing people and be part of a unique culture