About us:
At-Bay is the world’s first InsurSec provider designed from the ground up to help businesses tackle cyber risk head on. By combining industry-leading insurance with world-class cybersecurity technology, At-Bay offers end-to-end prevention and protection for the digital age. With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses with revenue under $2B, providing an integrated solution to help manage risk is more critical than ever.
At-Bay helps its 35,000+ customers close their security technology and skills gap — all through their cyber insurance policy — making them 5X less likely to be hit with a ransomware attack. As a full-stack insurance company, At-Bay offers multiple lines of specialty insurance, including Cyber, Tech E&O, and Miscellaneous Professional Liability (MPL) policies.
Why you should join our Finance team:
At-Bay’s Finance team is responsible for the complete and accurate financial reporting for a fast-paced and growing company. You’ll be joining a team of accomplished professionals that love to learn and share knowledge. It’s a team that focuses more on building processes from the ground up and tackling bottlenecks through process improvement, rather than building a culture of overtime and burn out.
Our ideal candidate has a strong insuranceaccounting background and is comfortable rolling up their sleeves to lead a newly-built statutory insurance department through the month-end close process, quarterly NAIC reporting, statutory audits and process improvement efforts. You must also enjoy building processes and teams that go on to do amazing work! You’ll be surrounded by a team that loves what they do and recognizes the enormous responsibility that they have – to establish the financial infrastructure that helps us scale!
Role overview:
As our Head of Statutory Accounting and Reporting, you’ll be a hands-on leader to a team of three. In this role you’ll report into our VP, Controller.
The day-to-day consists of management of the monthly accounting close for our insurance legal entity, including the review of journal entries and account reconciliations for premiums, losses, reinsurance, and statutory adjustments. You will also own the insurance legal entity financial reporting process, which includes the quarterly and annual regulatory and statutory filings and the carrier and reinsurance reporting process. You’ll be empowered to create an environment of cross-functional collaboration and strong internal controls that better support our financial reporting process. Success in this role will include a demonstrated knowledge in insurance accounting principles, strong execution of competing priorities and ad hoc projects, and an energetic focus on team culture, coaching and professional development.
How you’ll make an impact:
By 3 months:
By 6 months:
What you’ve already accomplished
Our estimated base pay range for this role is $175,000-$200,000 per year. Base salary is determined by a variety of factors including but not limited to market data, location, internal equitability, domain knowledge, experiences and skills. In general, if the position sparks your interest we encourage you to apply - our team prioritizes talent.