Senior Technical Accountant

Job Type:

Permanent

Build a brilliant future with Hiscox
 

Hiscox USA underwrites small- to mid-market commercial risks through brokers, other insurers and distribution partners and directly to businesses. In 2023, gross written premiums for the segment will represent over $1bn. Approximately 50% of the portfolio comprises small commercial business sold either online or through intermediaries, and the remaining 50% represents traditionally traded business intermediated through broking partners for Property and Casualty and Specialty Lines, including Professional Liability, Cyber, Technology and Media & Entertainment.

Hiscox USA has built the digital business through ongoing investment in the brand, technology and operational capabilities. The business has pursued an omni-channel approach from its inception and is less constrained by the channel conflict that affects some competitors. Customers have a choice of buying policies online end-to-end, by connecting with a Hiscox agent over the telephone, or alternatively through a third-party broker or insurance carrier partner. The business follows an ‘all roads lead to Hiscox’ philosophy, ensuring it is available to do business with target customers whichever way they choose.

Responsibilities:

• Responsible for technical accounting operations related to gross underwriting activities
• Responsible for reinsurance accounting operations including accounting, reconciliation, adjustment and settlement, as well as maintenance of the reinsurance system
• Perform the monthly balance sheet reconciliations and variance analysis
• Perform the IFRS 17 related data quality checks to ensure completeness and accuracy
• Complete periodical Group reporting and related disclosures
• Develop and implement controls over related processes with a focus on driving efficiency, accuracy and thorough documentation
• Assist with external financial audit, actuarial audit, and other regulatory requests
• Assist with testing of system updates related to technical accounting
• Other assigned projects as needed

Qualifications:

• Bachelor’s degree in Accounting, Finance or Business; CPA highly preferred
• Minimum 5 years of experience in corporate accounting, public accounting, or a combination of both; insurance industry experience highly preferred
• Strong knowledge and research capability of IFRS/GAAP and Statutory principles
• Strong analytical and quantitative skills
• Possesses intermediate to advanced Excel skills, knowledge of SQL, and proficiency with Microsoft Office Suites and corporate ERP systems
• Ability to identify patterns and variances in complex data sets and processes to rapidly distil key issues and provide insight in various scenarios
• Must be detail-oriented and result-driven with a high degree of accuracy
• Must be a team player and self-motivated
• Excellent communication skills, both verbally and in writing

What we offer:

• 401(k) with competitive company matching 
• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
• Company paid group term life, short- term disability and long-term disability coverage 
• 24 Paid time off days plus 2 Hiscox days,10 paid holidays plus 1 paid floating holiday, and ability to purchase up to 5 PTO days 
• Paid parental leave 
• 4-week paid sabbatical after every 5 years of service 
• Financial Adoption Assistance and Medical Travel Reimbursement Programs 
• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program 
• Company paid subscription to Headspace to support employees’ mental health and wellbeing 
• 2023 Gold level recipient of Cigna’s Healthy Workforce Designation for having a best-in-class health and wellness program 
• Dynamic, creative and values-driven culture 
• Modern and open office spaces, complimentary drinks 
• Spirit of volunteerism, social responsibility and community involvement, including matching charitable donations for qualifying non-profits via our sister non-profit company, the Hiscox USA Foundation 

Please note that this position is hybrid and requires candidates to work in office two (2) days per week in Sandy Springs/Dunwoody area of Atlanta.

Salary range: $70k-$95k

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Work with amazing people and be part of a unique culture