Location: Palo Alto (hybrid)
Founded in 2016 and headquartered in Palo Alto, NEXT is an insurtech company offering digital insurance solutions tailored to small businesses across the U.S. By leveraging AI and machine learning, we provide customized policies for sectors such as general liability, professional liability, and commercial auto insurance. Business owners can easily receive quotes and purchase coverage through our online platform. Our mission is to help entrepreneurs thrive.
To date, we have raised over $1.1 billion in funding, including a $265 million strategic round in November 2023, led by Allstate and Allianz X. This funding is intended to accelerate our path to profitability and expansion. A strategic partnership with Allstate enables us to develop new commercial auto products and extend our offerings to Allstate’s customer base. Serving more than 500,000 small businesses nationwide, we employ around 700 people, with offices in Palo Alto, Waltham, Rochester, Israel, and some remote roles.
We’re looking for a Senior Financial Analyst who wants to join a fast-paced startup where you will own and maintain complex financial models and provide insights and recommendations into key drivers across the 3 financial statement (income statement, balance sheet, and cash flow) Reporting to the Head of Corporate Finance, this is a highly visible role with the ability to directly impact critical business decisions and financial outlook. If you like working in a fast paced tech environment and want to create real impact on the business, - then you belong here!
What you'll do:
- Own and maintain complex financial models for actual, forecast, and planning processes
- Prepare monthly and quarterly financial analyses providing insights into key drivers across the financial statements (income statement, balance sheet, and cash flow), as well as risks and opportunities
- Support company-wide initiatives to drive improvements in gross margin and profitability
- Structure, build, and maintain complex financial and decision-making models to support key business outcomes
- Support the long-range and annual planning process including income statement, balance sheet, and cash flow
- Partner with departments to deliver accurate financial forecasting including analysis and recommendations
- Prepare commentary and presentation materials for executive-level discussions and the board
- Support due diligence, fundraising, and company financial strategic initiatives
What we need:
- BA/BS in finance, accounting, economics or a quantitative discipline (Masters is a plus)
- 2-4 years of FP&A experience with a track record of supporting financial forecasts; ideally at a growth stage SaaS startup or tech company (insurance experience is a plus)
- A strong understanding of all three financial statements (income statement, balance sheet, and cash flow) and associated drivers across all three statements
- Ability to break down and solve complex problems with strong business acumen & data-driven techniques
- Understand SaaS business models and reporting metrics
- Excellent attention to detail and organizational skills, ability to multitask in a fast-paced environment with competing and shifting priorities
- Team player with strong interpersonal skills along with strong verbal and written communication skills
Unstoppable Qualities:
- Experience with SQL and data visualization tools (Looker, Tableau)
- Experience with Adaptive planning and modeling tools
The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position in the location(s) listed. Within the range, individual pay is determined by additional factors, including, without limitation, job-related skills, experience, and relevant education or training. NEXT employees are eligible to participate in our equity incentive program and will also receive our benefits package, consisting of our partially subsidized medical plan, fully subsidized vision/dental options, life insurance, disability insurance, 401(k), flexible paid time off, parental leave and more.
US annual base salary range for this full-time position:
$100,000—$125,000 USD
Don’t meet every single requirement? Studies have shown that some underrepresented people are less likely to apply to jobs unless they meet every single qualification. At NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
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.
What We Do
The needs of business owners have significantly changed over the past decade, the insurance industry hasn’t. When you’re running your own business, you’re placing a huge bet on yourself. Your ideas, your passion, your blood, sweat and tears define your success. Next Insurance was created to give your business the coverage it deserves. Simple, affordable and tailored. So no matter what you do, no matter how you define success, we’re right there, next to you. Behind our groundbreaking AI-based technology there are hundreds of us. Data scientists, insurance advisors, product managers, designers & more. We are passionate about helping businesses achieve their goals & are committed to serve the needs of business owners. Even our three founders started their path as small business owners so they have been there and are committed to supporting the journey of your business.
Why Work With Us
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, customer-focused, and willing to challenge the status quo, Next Insurance might just be your next journey.
Gallery
_2.png)
.JPG)
_2.png)
