The Porch Company is hiring a
Senior Manager

Summary

Join Porch Group as a Senior Manager, Reinsurance and lead the accounting department in overseeing reinsurance programs. Develop analytics and reporting, serve as technical expert, and provide leadership to a team of 3-4 individuals.

Requirements

• Bachelor’s Degree is Required – accounting preferred
• CPA license required
• 10+ years progressive experience required in reinsurance including at least 3 years in management role
• Strong financial acumen and understanding of statutory and GAAP reporting and technical requirements
• Thorough understanding of p&c insurance company operations
• Netsuite General Ledger, Floqast and Alteryx experience is a plus
• Ability to work in a team environment and provide leadership support

Responsibilities

• Is responsible for the overall accounting, and execution of effective controls, around our ceded reinsurance programs, including thought leadership toward a more efficient and effective process
• Develops reinsurance analytics and enhanced reporting
• Serves as the reinsurance accounting technical expert on both a GAAP and statutory basis
• Provides leadership, development and support to a team of 3-4 individuals at varying levels
• Works collaboratively with HOA Accounting team in the monthly close process and reporting requirements on both a GAAP and statutory basis, including quarterly and annual Schedule F requirements
• Works collaboratively with senior leadership in assessing accounting implications on a variety of programs, including quota share, cat excess of loss, etc with both internal and external parties
• Leads team through reinsurance workstream changes based on pending reciprocal exchange entity and internal reinsurance programs
• Leads efforts to develop enhanced procedures with actuarial and FP&A teams. Works collaboratively with actuarial and FP&A team in applying contract terms on a monthly basis in compiling actuals, analysis and in developing plan/reforecasts
• Establishes effective business partnership with external brokers, ensuring responsiveness and timely handling of requests. Ensures accuracy and completeness in all cession statements prior to distributions. Ensures proper procedures in place for timely payments or collections
• Handles end to end matters on collateral requirements, including forecasting requirements. Oversees collateral needs in best interest and protection of company
• Is a key contact for reinsurance in all audits
• Provide necessary reinsurance education and reinsurance program understanding to others in the company. May be asked to lead trainings on an ad hoc basis
• Other related projects as they arise

Benefits

• Pay Range: $132,000 - $184,800
• Long-term incentive awards, subject to program guidelines and approvals
• Annual bonus based on individual and company performance, subject to program guidelines and approvals
• Traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose
• Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis
• Pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options
• Company paid Basic Life and AD&D, Short and Long-Term Disability benefits. We also offer Voluntary Life and AD&D plans
• Traditional and Roth 401(k) plans are available with a discretionary employer match
• Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation
• Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes
• LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more
• Paid vacation of 10 days per year accrued on an hourly basis
• Company-paid holidays of typically nine per year
• Paid sick time
• Paid parental leave
• Employee assistance program (EAP)
• Identity theft program
• Travel assistance
• Fitness and other discounts programs