Manager, Insurance Finance

Not your everyday company

Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful.

At Lemonade, you'll be working with a group of like-minded makers, who get a kick out of moving fast and delivering great products. We surround ourselves with some of the smartest, most motivated, creative people who are filled with positive energy and good karma.

Unlike most publicly traded companies, we're nimble and efficient. We take pride in the fact that we still think and operate like a startup. We don't care much about titles and hierarchy and instead focus on innovation, bold moves, and challenging the status quo.

We're built as a lean, data-driven organization that relies on a common understating of objectives and goals to provide teams with autonomy and ownership. We don't like spending our days in meetings and we skip committees altogether. At Lemonade, there's no such thing as going over someone's head. We have zero tolerance for bureaucracy, office politics, and lean-back personalities.

As a Public Benefit Corporation and a certified B-Corp, we deliver environmental and social impact using our products and tech. Through our Giveback program, we partner with organizations such as the ACLU, New Story, The Humane Society, Malala Fund, American Red Cross, 360.org, charity: water, and dozens of others, and have donated millions towards reforestation, education, animal rights, LGBTQ+ causes, access to water, and more.

Awarded 'best workplace'

Best Workplace and Best-Led Company by Inc. Magazine

"World Changing" by Fast Company

Recognized as a World Changing Idea by Fast Company Magazine

Ranked #1 Home insurance in America

Won best renters and homeowners insurance in America by US News, and others

Best Pet Insurance in America

Rated "Best Overall Pet Insurance" by Better Homes & Gardens

Rated 4.9 on the App Store

Among the highest rated apps of all time

What you're applying for

We're looking for a Manager to help drive automation, transparency, and efficiency within the company's insurance finance team, with a focus on statutory accounting and reporting.

You will be responsible for insurance accounting and reporting, from review of day-to-day accounting transactions to building infrastructure and system solutions to help us scale. You will also be the bridge between the Finance team and the FP&A team, working on forward-looking modeling and capital planning at the company and group level.

In this role, you'll help fill gaps as we continue to build out our processes and controls in accounting and financial reporting for our insurance and non-insurance entities on a Statutory, US GAAP, and IFRS accounting basis.

In this role you'll

• Ensure the accurate, timely completion of monthly, quarterly, and annual statutory accounting close cycles and related filings by effectively planning, monitoring, problem solving, and coordinating the close calendar.
• Engage in the monthly close process, encompassing tasks such as preparing and reviewing detailed monthly and quarterly journal entries covering various financial aspects.
• Maintain workpapers and documentation, assisting in preparation of financial statements and related footnotes, including those compliant with US GAAP and regulatory requirements.
• Seamlessly partner with Parent Accounting, Treasury, FP&A, Actuarial, Compliance, and Data teams to ensure deliverables are complete, accurate, and timely.
• Provide sound financial advice to business units or other departments, anticipating the financial statement impact of changes in the business environment, making recommendations to ensure appropriate processes are implemented and maintained.
• Exhibit strong leadership and communications skills in presenting results to various levels of management.
• Develop sound accounting practices, efficient processes, and robust control documentation to effectively deliver timely and insightful results.
• Enhance the monthly close process through identifying efficiencies related to the acceleration of timing, reduction in errors, and elimination of manual approaches through automation.
• Duties will extend to maintaining internal controls over financial reporting, liaising with internal and external audit teams, and supporting special projects requiring expertise in insurance accounting, data analysis, and IT systems.
• Maintain accounting compliance by being a subject matter expert in Statutory accounting guidance and recommending new procedures, especially those related to Insurance industry standards.

What you'll need

• 6+ years experience with P&C accounting (preferably for a global company)
• 2+ years leading and managing a team
• B.S. in Accounting or Finance
• CPA preferred
• Practical knowledge of US Statutory accounting (knowledge of US GAAP and IFRS is a bonus)
• Experience in identifying and implementing system solutions
• Workday ERP system experience preferred
• Advanced Excel skills
• Strong communication and interpersonal skills to develop and maintain strong partnerships with key stakeholders, both internally and externally
• Ability to work in our NYC office 3 days per week
• Enthusiasm about learning and adapting to the exciting world of AI - a commitment to exploring this field is a fundamental part of our culture

Please note that we are unable to sponsor applicants for work visas

Lemonade's US base salary range for this full-time position is $125,000 - $137,500 equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Speak to your recruiter to hear more about the specific salary range for your preferred location.

Things to know...

Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.