Finance/Accounting Analyst

We are a leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk. We deliver industry-based cyber risk insurance support to insurers of all types and sizes. They provide turnkey product development, underwriting, claims management, loss control, and marketing services. Our partners benefit from the ability to offer market-leading coverage and resources to policyholders without the assumption of risk or expense of building a cyber risk department. The dedicated team of insurance and cyber-risk experts maintains a creative and flexible culture to keep up with the evolving nature of our industry. We value their long-standing relationships with brokers, agents, and wholesalers and provide them continued support for all our programs.

Job Description

The Accounting/Finance Associate will be responsible for working closely with the organizational leaders on business across all U.S. territories. You’ll be well versed in underwriting and analysis of cyber policies across various industry sectors ranging from SME to mid-market and large accounts, as well as having the ability to support and coordinate business development.Requirements

What you'll do:

• Analyze competitive market strategies through analysis of the related products, markets, or share trends.
• Day to day general ledger posting
• Cash postings of receivables and payable balances
• Month end closeout activities
• Synthesize current business intelligence or trend data to support recommendations for action.
• Collect business intelligence data from available industry reports and field reports.
• Identify and analyze industry trends with business strategy implications.
• Analyze technology trends to identify future product development.
• Ensure BDI trust account is in position (ie cash receivables =/> payable to market)
•  Use QuickBooks to match premium dashboard to income estimator and provide principals with updated financials about state of business
•  Generate requests on ad hoc basis for other reporting metrics
•  Reconcile payment borderau's that come in from various brokers and carriers to ensure that
• we are being paid for premiums placed and receivables are being collected
•  Reconcile payments that go out the door to markets to ensure that the payable section
• of the balance sheet is compliant
• Monitor expenses and oversee posting of all expenses the firm incurs
• Oversee all income the firm generates from all program and reinsurance business to
• ensure the firm is being properly compensated for commission and fees
• Work with accountants to answer questions regarding BDI’s financials and assist
• in preparation of company taxes. 

Who you are:

• High attention to detail.
• Operate effectively under pressure.
• Maintain high numerical accuracy.
• Excellent communications skills with the ability to communicate confidently and effectively with key partners.
• Confident, energetic, and assertive.
• Courtesy and patience with a flexible attitude.
• Exceptional drive and work ethic.
• Strong technology proficiencies including Microsoft Office, Spreadsheets, CRM, E-signature, Form/survey tools, Agency management systems.
• Hold a BA in Accounting, Finance, Economics, Actuarial Science or similar preferred.

What you'll enjoy:

• Competitive base compensation plus potential bonus!
• Paid company outings/ team outings
• Health Insurance benefits.
• Work flexibility: Skokie locations with the opportunity to work remotely.
• Ability to work in a growth industry and organization.
• Access to company ownership.
• Entrepreneurial environment and structure.