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Full-Time

Senior Accountant

Confirmed live in the last 24 hours

Embroker

Embroker

51-200 employees

Digital platform for business insurance solutions

Fintech
Financial Services

Compensation Overview

$110k - $125kAnnually

Mid, Senior

Lombard, IL, USA

Category
Auditing
Financial Accounting
Management Accounting
Accounting
Required Skills
NetSuite
Requirements
  • BS in Accounting or Finance with CPA designation preferred
  • 2-5 years experience
  • Insurance brokerage, MGA or carrier experience preferred
  • Public Accounting or previous audit experience preferred
  • Previous experience with NetSuite or billing systems a plus
  • Highly organized and able to prioritize multiple tasks
  • Comfortable in a quick and dynamic environment
  • Ability to work cross culturally on a global team
  • Prolonged periods of sitting at a desk and working on a computer
  • Ability to perform at a high level in a remote work environment
Responsibilities
  • Facilitate audit / tax prep work
  • Coordinate reinsurance accounting and settlement processes
  • Contribute to the monthly accounting close process and related reporting
  • Maintain and help develop best-in-class accounting and reconciliation processes and procedures
  • Support third party claims administration function as it pertains to Accounting
  • Assist in development and maintenance of structured financial controls framework
  • Support financial systems roadmap, including systems implementations, integrations and assessment of GL and ERP solutions
  • Participate in and lead Ad Hoc accounting project work
  • Perform other duties as assigned

Embroker simplifies the insurance process for businesses, focusing on the tech sector. It offers tailored insurance solutions, including Directors & Officers (D&O) insurance, Employment Practices Liability Insurance (EPLI), and Cyber Liability insurance. The platform is particularly beneficial for startups, providing a "Startup Package" that helps new businesses secure necessary insurance with significant cost savings and rapid service. Clients can receive quotes in as little as two minutes and full coverage in ten minutes. Embroker operates on a digital-first model, leveraging technology for instant quotes and data-driven recommendations, which enhances transparency and trust. The company sells insurance policies directly to businesses, offering competitive pricing and integrating with clients' HR systems to streamline insurance management. Embroker's goal is to provide fast, transparent, and cost-effective insurance solutions tailored to the needs of tech companies and startups.

Company Stage

Series C

Total Funding

$143.5M

Headquarters

San Francisco, California

Founded

2015

Growth & Insights
Headcount

6 month growth

-13%

1 year growth

-23%

2 year growth

-27%
Simplify Jobs

Simplify's Take

What believers are saying

  • Embroker's rapid service, offering quotes in two minutes and full coverage in ten, significantly reduces the time and hassle associated with purchasing insurance.
  • The company's expansion into new verticals, such as consultants and financial professionals, opens up additional revenue streams and market opportunities.
  • A strong focus on technology and automation, exemplified by the partnership with Ascend, positions Embroker as a leader in modernizing the insurance industry.

What critics are saying

  • The highly competitive insurtech market requires continuous innovation to maintain a competitive edge.
  • Rapid expansion into new verticals may stretch resources and dilute focus, potentially impacting service quality.

What makes Embroker unique

  • Embroker's digital-first approach offers instant quotes and data-driven recommendations, setting it apart from traditional insurance providers.
  • The company's focus on tech companies and startups, with tailored packages like the 'Startup Package,' addresses specific industry needs that are often overlooked by competitors.
  • Strategic partnerships with companies like Ascend, Dashlane, and Cowbell enhance Embroker's service offerings, providing comprehensive and integrated solutions.