Insurance Accounting Lead

Job Type:

Build 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