Full-Time

Statutory Reporting Manager

Insurance Accounting

Posted on 11/6/2024

Pie Insurance

Pie Insurance

201-500 employees

Provides workers' compensation insurance for small businesses

Fintech
Financial Services

Compensation Overview

$120k - $150kAnnually

+ Discretionary Bonuses

Senior

Remote in USA + 1 more

More locations: Denver, CO, USA

Hybrid work option available with partial presence in Denver office; remote option available for U.S. residents.

Category
Financial Accounting
Governmental Accounting
Accounting
Required Skills
Data Analysis
Requirements
  • Bachelor's Degree in Accounting or Finance required.
  • Minimum of 5-10 years of relevant public accounting and/or industry experience, with a focus on insurance accounting and statutory reporting.
  • Prior experience with reinsurance is a plus.
  • Proficiency in U.S. GAAP and Statutory accounting and the ability to apply technical accounting knowledge to real-world business transactions.
  • Extremely high level of attention to detail.
  • Thorough and detailed documentation skills.
  • Desire and ability to learn and understand the business and accounting rationale behind specific accounts (understanding why you are doing things as opposed to merely following steps).
  • Self-starter and self-motivated to work independently and adapt within a fast-paced environment with competing priorities.
  • Must be able to meet deadlines, such as monthly/quarterly/annual accounting close, external audit deadlines, etc.
  • Ability to work effectively with cross-functional team members.
  • Strong written and verbal communication skills.
  • Strong Excel skills and the ability to work with large data sets are highly preferred.
  • Proficiency in Sage Intacct, Workiva, and Google Suite is preferred.
Responsibilities
  • Prepare Quarterly and Annual Statutory Statements (yellow books)
  • Prepare monthly/quarterly/annual financial statements and footnotes.
  • Participate in the monthly accounting close process. Prepare journal entries, reconciliations, and variance analyses in accordance with U.S. GAAP and Statutory accounting and internal company policies. Deliver accurate information on time.
  • Assist with data calls and regulatory assessments
  • Perform account reconciliations related to premium, claims, and reinsurance transactions.
  • Maintain and improve the workpapers and processes utilized to close specific accounts you will own.
  • Improve existing accounting processes wherever possible, focusing on effective internal controls.
  • Support year-end financial statement audits as well as quarterly reviews.
  • Partner with the Finance team to analyze historical results and improve information quality.
  • Participate in larger projects around (a) automation, (b) system implementation, modification, and integration, and (c) implementation of best practices to drive efficiency in the accounting department.
  • Support other internal teams and external partners with their accounting-related and operational needs.
  • Assist with ad hoc projects and requests as needed.

Pie Insurance offers workers' compensation insurance tailored for small businesses, providing wage replacement and medical benefits for injured employees. The company uses data-driven technology to deliver quick insurance quotes in just three minutes, making the process simple for busy business owners. Operating in 38 states and Washington, D.C., Pie Insurance aims to save customers up to 30% on their policies while ensuring quality coverage. Its competitive edge lies in its streamlined, technology-focused approach, which differentiates it from traditional insurance providers.

Company Stage

Series D

Total Funding

$603.4M

Headquarters

Washington, District of Columbia

Founded

2017

Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

-11%
Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with Ivans Download could streamline data exchange and improve efficiency.
  • Appointment of Audra Foglietta as CFO could drive financial performance and efficiencies.
  • Partnership with Endeavor Insurance Group could expand market reach and distribution channels.

What critics are saying

  • Increased competition from insurtech companies like Next Insurance and Lemonade.
  • Recent layoffs of 14% of workforce may indicate financial instability.
  • Potential regulatory scrutiny on AI and data analytics in insurance pricing.

What makes Pie Insurance unique

  • Pie Insurance offers A.M. A-rated insurance with a simple online experience.
  • The company uses data analytics to accurately assess risks and price policies.
  • Pie Insurance provides quick insurance quotes, taking just three minutes for small businesses.

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Benefits

Competitive cash compensation

Equity

Comprehensive health plans

Generous PTO, including paid sick leave

Future focused 401k match

Generous parental & caregiver leave

INACTIVE