Why choose Palomar?
Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.
Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.
Want to learn more about our exciting journey? https://ir.plmr.com/corporate-profile/default.aspx
We are Hiring!
Location: La Jolla, CA
The Details:
The Financial Operations Staff Accountant reports to a Manager, Accounting and is responsible for a variety of accounting functions such as performing accurate and timely Monthly Journal Entry Preparation, General Ledger Account Reconciliation and Schedule Maintenance, Bank Reconciliations, Audits and Reporting. The ability to generate reports by pulling data from multiple systems, consolidating, and analyzing the data is required. Critical thinking and adherence to internal deadlines as well as state required deadlines is a must.
What will you do:
- Support timely monthly/quarterly financial close, including recording assigned journal entries, completing balance sheet/GL account reconciliations, accruals, and overall maintenance of all operational management accounts
- Accurate and timely preparation and maintenance of MGA/PA reporting templates, with commentary explaining results and analyzing variances and trends
- Provide audit support and fulfill SOX/internal control requests from internal and external auditors
- Research and analyze financial variances as a result of premium reconciliation process and report appropriate corrective action
- Standardizes and documents most efficient reconciliation processes
- Maintains accurate and organized paper and electronic files with supporting documents
- Ensure data integrity by maintaining appropriate controls for audit verification
- Monitors, ages in the monthly premium reconciliation process for financial reporting
- Keeps updated with the latest methodologies, procedures, and client-specific information
- Coordinates premium reconciliation on a monthly basis to meet contractual or other specified deadlines
- Interfaces with internal staff to resolve system issues affecting premium reconciliation process and timetable
- Other duties as assigned or requested
What we are looking for:
- Bachelor’s degree in accounting or equivalent
- 2+ years of professional experience
- Minimum of 2 years’ experience required - insurance industry preferred
- Familiarity with Microsoft Office- Excel (Pivot Tables, Lookups, Formulas), Word, Power Point and Outlook
- Ability to organize, prioritize, multi-task and be a self-starter in a fast-paced environment with demanding internal and external deadlines
- Strong interpersonal skills and attention to detail a must
- Able to work on-site 3-4x/week
We love people who want to:
- Build strong relationships through transparency, trust, and respect for each other.
- Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
- Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
- Do the right thing with strong conviction and integrity.
- Be bold and innovative to help make an impact.
- Demonstrable track record of working autonomously and driving progress
- Be intellectually curious, think creatively, and pragmatic
If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!
What will you get in return?
- Full Suite of Medical Benefits
- Long Term Financial Incentives – STOCK!
- 401k with 3.5% Automatic Fully Vested Employer Contributions
- Competitive PTO + Holiday Program
- Lifestyle Spending Allowance
- Professional Development Assistance
- Career Exploration Opportunities
- Regular company-wide social events (even virtually!)
- To learn more visit us at www.plmr.com
Diversity at Palomar
At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.
We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them
#PalomarPride #Insurancejobs #hiring
Accommodations:
Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.
For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.
No phone calls or agency solicitation please
CCPA Job Applicant:
Pay Range: $58,000-$87,000 + Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.
The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above
Skills Required
- Bachelor’s degree in accounting or equivalent
- 2+ years of professional accounting experience
- Minimum of 2 years’ experience; insurance industry experience preferred
- Familiarity with Microsoft Office, including Excel, Word, PowerPoint, and Outlook
- Experience with Excel Pivot Tables, Lookups, and Formulas
- Ability to organize, prioritize, multitask, and work independently in a fast-paced environment
- Strong interpersonal skills and attention to detail
- Ability to work on-site three to four times per week
What We Do
As leaders in risk management for earthquakes, hurricanes, floods and other disasters, we take a fresh perspective on specialty property insurance. Palomar was founded in 2014 by seasoned insurance leaders with a vision for a better way to protect individuals and businesses with innovative specialty property insurance solutions. Our leadership team combines extensive insurance experience and expertise in specialty underwriting, reinsurance, program administration, distribution and analytics. Every home, every business and every neighborhood is unique so Palomar uses more accurate risk measures and an extensive partner network to write tailored, geographically differentiated policies. Our goal is to provide every customer with economic resiliency.
