GAAP Insurance Accounting Manager

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 40,000+ customers close their security technology and skills gap — all through their cyber insurance policy — making them 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 department offers a unique opportunity to actively engage with the financial backbone of the Company, impacting day-to-day business functions and strategic financial planning. Being part of the Finance team means developing a deep understanding of financial systems and processes and enhancing your analytical and problem-solving skills. You’ll be part of a dynamic environment where your contributions directly support the Company’s growth and operational efficiency, offering not just a job, but a career with developmental opportunities. This role is perfect for individuals who thrive on challenges, enjoy collaborative work, and seek a career path with clear progression and valuable experience. Whether you’re passionate about data analysis, process optimization or financial reporting, the Finance department is a place where you can make a significant impact and develop your expertise.

Ideal candidate:

We are seeking a highly motivated individual who possesses a strong background in financial audit and a deep understanding of the insurance industry. The ideal candidate will have a proven track record of applying technical accounting expertise in dynamic environments, a keen ability to think critically in complex situations and the ability to maintain a strong internal controls environment.

Key traits for this role include a proactive, roll-up-your-sleeves attitude and a demonstrated focus on process improvement. The candidate should excel in identifying inefficiencies and implementing solutions that enhance operational effectiveness. They should be hands-on, not afraid to dig into the details, and comfortable leading initiatives that drive meaningful change.

Additionally, a successful candidate will have an ability to navigate technical accounting challenges and offer insightful recommendations that align with best practices. The ability to communicate clearly, work collaboratively, and manage multiple priorities in a fast-paced setting will be crucial for success in this role.

Role overview:

As our GAAP Accounting Manager, you’ll report into our Assistant Controller, GAAP Accounting.

The day-to-day consists of participation in the monthly accounting close process for the Company’s domestic and international entities, with a focus on its insurance legal entities, including the processing of journal entries and account reconciliations for premiums, claims, reinsurance, and statutory accounting principles to GAAP adjustments. You’ll participate in internal and external reporting, which includes assisting with internal management reporting and variance analysis. 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 data analysis and process improvement.

How you’ll make an impact:

By 3 months:

• You fully understand and contribute to the timely completion of our month-end close and financial statement reporting process. 
• You understand our business and have established relationships across our Finance team and cross-functional stakeholders.
• You identify areas of improvement in our monthly reporting process and accounting systems. 
• You assist in the preparation of quarterly and/or annual financial statements.
• You prepare and review internal management reports, including working with key internal stakeholders on variance analysis.

By 6 months:

• You assist in the coordination and communication with internal and external stakeholders on all key matters, including corresponding with auditors and advisors on technical accounting matters.
• You continuously identify process improvements and automation efforts.
• You actively identify and implement procedures to strengthen our internal controls environment.
• You assist in the research, reporting and documentation of all technical accounting matters.

What you’ve already accomplished: 

• You’ve combined your financial audit experience and insurance-industry knowledge to contribute to the success of a dynamic and fast-paced Finance department by rolling up your sleeves, taking ownership of tasks and diving into complex projects with a critical thinking mindset.
• You’ve used your in-depth knowledge of GAAP accounting standards to ensure the accurate and complete recording of accounting transactions and develop adequate accounting processes and documentation.
• You’ve developed a passion for identifying and executing opportunities for operational efficiencies and streamlined workflows and use your critical-thinking skills to propose well-thought-out solutions.

Our estimated base pay range for this role is $120,000-150,000 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.

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