Head of Treasury

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Next Insurance is a fast-growing tech company based in Silicon Valley that is led by a team of experienced entrepreneurs with a history of successful outcomes. Our mission is to transform insurance for small businesses by combining world-class technology and phenomenal customer service to offer better insurance at a lower price. As the leading digital insurtech company transforming small business insurance, we just announced a $250 million new funding round, bringing the company’s valuation to $4 billion and total funding raised to more than $880 million! 


Next Insurance is looking for explorers who are filled with curiosity, have the desire to travel the unbeaten path, and realize new heights in providing small business owners with the peace of mind to run their businesses. If you move fast, and are customer-focused and willing to challenge the status quo, Next Insurance might just be your next journey.


We are looking for our FIRST ever Head of Treasury to build and lead our Treasury department from scratch. Reporting to the CFO, you will manage the capital structure of the entire company playing a critical role in our rapid growth trajectory. 


What You’ll Do:


  • Partner with the CFO to manage the capital structure of the company. 
  • Manage our balance sheet and participate in funding and liquidity decisions
  • Lead and oversee the efficient management of our investment portfolio. Forecast interest expense and income
  • Lead all aspects of investment process, assessing risk/return trade-offs within guidelines, recommending changes to policies based on market conditions
  • Identify and manage a portfolio of financial market risks, which will principally include the following: FX balance sheet exposures, FX forecasted cash flow exposures, FX hedging
  • Oversee efficient global cash management; manage liquidity and funding requirements.
  • Manage daily cash reconciliation solutions and other bank engineering tools as well as controls
  • Manage banking relationships, external investment managers, rating agencies, monitor portfolio performance, risk and compliance
  • Ensure robust and regularly tested control processes and policy compliance
  • Identify, implement and improve automation of key processes
  • Collaborate and partner across the broader treasury, finance, and partner organizations to drive key business initiatives
  • Develop, update, and monitor Treasury operational policies; oversee Sarbanes-Oxley compliance for Treasury operations and support internal and external audit requirement



What We Need:

  • MBA, Master’s or BA/BS in Finance or related discipline, relevant industry certification a plus
  • Minimum of 12 years professional experience
  • At least 10 years of experience in the treasury function at a publicly traded company
  • At least 5 years of management experience
  • Proven leadership, people management skills, and track record of team development
  • Solid understanding of financial markets and global corporate treasury operations:  including cash and liquidity management, cash forecasting processes, capital structure and balance sheet management, investment policy responsibilities, banking operations, related process management, and compliance activities, and foreign exchange hedging experience
  • Prior experience in a fast-paced environment with tight deadlines



One of our core values is 'Play as a Team'; this means making sure everyone has an equal chance to participate and make a difference. We win by playing together. Next Insurance is an equal opportunity employer and prioritizes building a diverse and inclusive workplace. We provide equal employment opportunities to all employees and applicants of any type and do not discriminate based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job related characteristics or other prohibited grounds specified in applicable federal, state, and local laws. Next's policy is to comply with all applicable laws related to nondiscrimination and equal opportunity and will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. 

More Information on NEXT Insurance
NEXT Insurance operates in the Fintech industry. The company is located in Palo Alto, CA, Waltham, MA and Rochester, NY. NEXT Insurance was founded in 2016. It has 651 total employees. It offers perks and benefits such as Partners with nonprofits, Friends outside of work, Eat lunch together, Daily sync, Open door policy and OKR operational model. To see all 14 open jobs at NEXT Insurance, click here.
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