Insurance Accountant / Analyst

The Company  

Cover Genius is the global infrastructure for embedded protection. Active in over 60 countries and all 50 US States, we protect the customers of the world’s largest digital companies, including Klarna, Revolut, Stripe, Priceline, Agoda, Booking.com, Turkish Airlines, Tongcheng Travel, eBay, and Uber, with seamless, end-to-end experiences. Cover Genius has protected more than 73M customers globally across 240M policies with USD $3.2BN in gross written sales. 

Coming off a stellar year with 40% YoY revenue growth and a recent $100M capital raise, putting our valuation at $1.9BN, we are accelerating into our next phase of growth. As part of our team, you’ll help drive our AI-first roadmap, developing hyper-personalization engines, agentic distribution, and automated claims infrastructure, while building the scalable technology powering the fast-growing $70B embedded protection market.

Our people are: Accountable, customer-obsessed, collaborative, driven

Our people are not: Passive, defensive, siloed, hesitant.

About the role

As Insurance Accountant / Analyst at Cover Genius, you will sit within a rapidly expanding global finance team and work exclusively on the Asservo insurance business, the Group’s regulated Cayman captive, and captive cell in Malta.

Based in Amsterdam and reporting to the Associate Director of Insurance Finance, you will own the recurring analysis behind the captive’s technical balances: reserve movements, reinsurance premium and recoveries, paid claims, and the intercompany flows between the captive and the wider Group. This is a hands-on analytical role with real ownership of a discrete book, suited to someone who wants depth in insurance finance rather than breadth across general accounting.

You will work closely with Actuarial, Insurance teams, Underwriter Finance and both the Cayman and Malta administrators and auditors. Success depends on being genuinely curious about how insurance numbers behave; asking why a reserve moved rather than only confirming that it reconciles.

Key Responsibilities:

• Insurance reserve analysis and reporting for the Asservo book; prepare and analyse monthly movements in IBNR, unearned premium reserve, unexpired risk reserve, and outstanding claims reserve.

• Support the actuarial reserving cycle- preparing claims and premium data extracts, reconciling actuarial output back to NetSuite, and documenting the basis of booked reserves.

• Maintain reinsurance recoverable positions on unearned premium and unpaid claims.

• Captive premium, claims and reinsurance flows.

• Analyse and reconcile captive written premium and inwards reinsurance written premiums, including UPR movements.

• Reconcile paid claims direct and inwards RI and ceding commission.

• Validate bordereaux and cedent data supporting the captive’s written and earned premium.

• Reconcile the Asservo reinsurance payable and intercompany loan positions, coordinating with Underwriter Finance and Financial Control.

• Prepare monthly Asservo reporting packs, with commentary on drivers of reserve and technical result movements.

To help us level up, you'll ideally have:

• 5+ years of finance or analytical experience within insurance, reinsurance, a captive, an insurtech or an insurance audit practice.

• Working knowledge of insurance technical balances: IBNR, UPR, unexpired risk, outstanding claims reserves and reinsurance recoverables, and how they move.

• Part-qualified or qualified accountant (CA, ACCA, CIMA, CPA, RA), or an actuarial / quantitative background with financial reporting exposure. Equivalent practical experience considered.

• Strong Excel skills, including working with large premium and claims data extracts. Experience with NetSuite is an advantage. Comfortable using Claude and similar tools in day-to-day work.

• Demonstrated reconciliation discipline; able to build a clean, reviewable workpaper and explain a variance.

🤔 Why Cover Genius?

At Cover Genius, we create magic by turning the archaic into the extraordinary. We take one of the world’s oldest and most complex industries and reinvent it with world-class technology. Cover Genius doesn’t just disrupt legacy insurance; we make the impossible feel effortless.Our operating principles guide our mission: 

• Make today matter: We deliver with urgency and excellence. We act decisively, move with intention, and hold a high bar.

• Act with accountability: We own our commitments  and take pride in delivering results that move us forward.

• Grow together: We are a collective of curious minds. We learn from wins and setbacks, share knowledge generously, and elevate each other every day.

• Inspire Each Other: We push each other to think bigger and pull together to go further.

• Champion Our Customers: We lead with empathy and center the customer, turning complex disruptions into seamless moments of trust.

• Flexible Work Environment - Our teams are hybrid. We work from home on a Wednesday and Thursday and attend the office on Monday, Tuesday and Friday with flexibility around start/finish times.

• Don't just take our word for it - hear about our culture straight from our people here: story time.

Ready to make an impact? If you’re looking for a place where you’ll be challenged, trusted, and empowered, we’d love to meet you.

Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.

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