Accounting Manager, Insurance
Job Description
About Ledger Investing
Ledger Investing is a Y Combinator backed insure-tech startup that is transforming the way insurance risks are financed. Today, Ledger is an online marketplace connecting insurance risk to capital, focusing on securitization. Insurance risk originators are able to source capital more efficiently vs. the traditional value-chain. Capital providers gain access to an asset class that is highly diversified vs. most asset classes. Insurance securitization has quickly grown to be a $100 billion market but is limited in scope due to opacity and complexity. Ledger is expanding this market to $1 trillion by building a seamless data pipeline from the policyholder to the capital markets, enabling transparency, and bringing best-in-class analytics and real-time insights to the table. Our recent $75 million Series B round of investment funding has set us up for exponential growth. We are on our way to disrupting the industry by serving as an unparalleled, advantageous marketplace for virtually all types of insurance risks and capital, including traditional reinsurers, institutional investors, and accredited investors.
At Ledger Investing, the platform we are building includes a risk marketplace, an asset management arm, and a broker dealer all built on our data pipeline Ledger Connect. Risk originators, like insurers and brokers, come to us to gain access to the capital markets but stay for Ledger Connect and the platform’s seamless integration and data services. Investors, like pension plans and other institutional investors, get access to an asset class that is completely uncorrelated with traditional financial asset classes.
About the position:
The Accounting Manager position is a great opportunity for an experienced insurance accounting manager to gain exposure to all aspects of casualty insurance securitization from underwriting submission through post-closing reporting and manage a team of financial analysts in a tech-first environment. The role will report directly into the CFO and will be a critical resource working closely with the Data Science, Program Management and Investment Teams. This is an opportunity for someone with strong accounting experience who wants to build best-in-class financial operations for a new investment asset class. We are a 100% remote team that is changing the way the market for insurance risk works. Come reimagine the insurance value chain with us!!!
- Mentor a team of financial analysts to perform reconciliation for cedant reinsurance bordereaux and work with cedant to resolve issues and questions from the reconciliation
- Review the financial statements for the offshore insurance transformer prepared by our reinsurance accounting service provider
- Assist in the design and implementation of bordereaux reconciliation process automation
- Other operational tasks related to fund and reinsurance vehicles including regulatory filings, cash transfers, and account openings
- Undergraduate degree in accounting with 5+ years of work experience, including experience in insurance accounting
- High attention to detail and an ability to organize work around tight deadlines
- Great service provider management and training abilities
- Strong written and verbal communications
- Good business acumen to document, measure and optimize business processes
- Excellent Excel skills, and a willingness to adopt new technologies
- Self-starter, with a thirst for learning and a desire to work in a fast paced start-up environment
- Leadership experience in a reinsurance accounting setting
- Coding skills or a working knowledge of python
Your Benefits:
- Competitive salary, bonus potential, and equity compensation
- Work from anywhere. We’re flexible. Our headquarters is in New York, but this position can be fully remote or hybrid.
- Uncapped paid time off
- Paid Holidays
- 401k
- Medical, dental, and vision insurance - multiple plans to choose from
- Company paid Life and AD&D insurance
- ClassPass - We contribute to your monthly membership offering a large range of providers & services in Fitness and Wellness. Get a massage on us!
- Up to $2,500 paid by Ledger towards your dream desk setup! Customize what works for you.
For US based positions:
Ledger Investing is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law.
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Date Posted
07/13/2023
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8
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