Sr. Financial Reporting Analyst
Apply NowCompany: Palomar Specialty Insurance Company
Location: La Jolla, CA 92037
Description:
We are Hiring!
Sr. Financial Reporting Analyst
Location: La Jolla, CA
Why choose Palomar?
Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes self-motivated individuals to our thriving company. 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? Go to plmr.com to learn more. Investor Relations - Palomar Holdings, Inc. (palomarspecialty.com)
The Details:
The Senior Financial Reporting Analyst will report to the Senior Manager, Financial Reporting. This position is responsible for assisting others in understanding the Company's financial results by assisting with all things financial reporting - including reporting budget to actual results, internal financial packages, ad-hoc reporting, and SEC financial statement preparation. This is an opportunity to work with a small team, touch multiple areas of the business, and have significant autonomy and responsibility, leading to fast learning and development for the right person. The right candidate works efficiently, while producing accurate work and maintaining excellent attention to detail.
What will you do? (Job Duties)
Preparation of monthly and quarterly journal entries related to investment activity, stock-based compensation, operating expense allocations, etc.
Assist in the preparation of the Company's monthly financial reporting package and SEC financial statements (i.e. 10-Ks and 10-Qs);
Participate in internal reporting to executive management by reporting actual financial information compared to expectations and reporting key financial trends and drivers of variances;
Preparation of footnote workbooks to support the SEC reporting process and of the SEC financial statement tieout;
Performance of internal controls associated with the financial reporting process;
Interface with auditors, provide support and respond to auditor inquiries around financial reporting;
Assist with other SEC related matters (e.g. 8-Ks, proxy statement, form 4s, etc.);
Support special projects and perform ad-hoc analyzes as needed.
Proactively identify and implement process improvements on an ongoing basis.
Attributes and abilities of a successfully candidate:
Ability to analyze results, trends, and data at the lowest level of detail and present the findings to senior management in a succinct and understandable fashion;
Detail-oriented and methodical approach to tasks;
Willingness to deal with change and ambiguity; our business is predicated on being adaptable and moving quickly to seize opportunities;
Ability to provide quality work on tight deadlines; while we will make every effort to plan, sometimes things come up and we need to work quickly to meet our deadlines;
Solution-oriented approach and positive attitude;
Being a helpful teammate;
Requirements
What we are looking for: (Experience)
Bachelor's Degree in Accounting;
At least 3-5 years' experience in public accounting, a combination of public accounting and private company financial reporting experience, or experience in financial reporting for an insurance company.
Able to work on-site 3x/week in La Jolla Office
An insurance background may help but is not required. Must be willing to learn our business in detail and constantly refine understanding as the business evolves.
Extremely solid understanding of accounting and financial reporting principles is a must. CPA or progress thereto is a plus.
Solid understanding of consolidation principles would be helpful.
Experience extracting data from an accounting system (we use Intacct) and quickly summarizing and analyzing this data would be a plus.
Experience with SEC reporting and/or SEC reporting tool would be a plus.
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.
If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!
Zoom in and out between strategic and tactical
Demonstrable track record of working autonomously and driving progress
Be intellectually curious, think creatively, and pragmatic
Be hands on with their team and roll up their sleeves
Lead with empathy and support personal and professional development
Empower people to continue to grow and see a bigger picture
What will you get in return?
Full Suite of Medical Benefits
Long Term Financial Incentives: All team members receive company equity.
401k with 3.5% automatic fully vested Employer Contribution
Competitive PTO + Holiday Program
Lifestyle Spending Account
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 yield 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.
Accommodations:
Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability (both visible and invisible) 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
Pay Range: $87,500-132,500
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.
CCPA Job Applicant:
#PalomarPride #Insurancejobs #hiring
Sr. Financial Reporting Analyst
Location: La Jolla, CA
Why choose Palomar?
Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes self-motivated individuals to our thriving company. 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? Go to plmr.com to learn more. Investor Relations - Palomar Holdings, Inc. (palomarspecialty.com)
The Details:
The Senior Financial Reporting Analyst will report to the Senior Manager, Financial Reporting. This position is responsible for assisting others in understanding the Company's financial results by assisting with all things financial reporting - including reporting budget to actual results, internal financial packages, ad-hoc reporting, and SEC financial statement preparation. This is an opportunity to work with a small team, touch multiple areas of the business, and have significant autonomy and responsibility, leading to fast learning and development for the right person. The right candidate works efficiently, while producing accurate work and maintaining excellent attention to detail.
What will you do? (Job Duties)
Preparation of monthly and quarterly journal entries related to investment activity, stock-based compensation, operating expense allocations, etc.
Assist in the preparation of the Company's monthly financial reporting package and SEC financial statements (i.e. 10-Ks and 10-Qs);
Participate in internal reporting to executive management by reporting actual financial information compared to expectations and reporting key financial trends and drivers of variances;
Preparation of footnote workbooks to support the SEC reporting process and of the SEC financial statement tieout;
Performance of internal controls associated with the financial reporting process;
Interface with auditors, provide support and respond to auditor inquiries around financial reporting;
Assist with other SEC related matters (e.g. 8-Ks, proxy statement, form 4s, etc.);
Support special projects and perform ad-hoc analyzes as needed.
Proactively identify and implement process improvements on an ongoing basis.
Attributes and abilities of a successfully candidate:
Ability to analyze results, trends, and data at the lowest level of detail and present the findings to senior management in a succinct and understandable fashion;
Detail-oriented and methodical approach to tasks;
Willingness to deal with change and ambiguity; our business is predicated on being adaptable and moving quickly to seize opportunities;
Ability to provide quality work on tight deadlines; while we will make every effort to plan, sometimes things come up and we need to work quickly to meet our deadlines;
Solution-oriented approach and positive attitude;
Being a helpful teammate;
Requirements
What we are looking for: (Experience)
Bachelor's Degree in Accounting;
At least 3-5 years' experience in public accounting, a combination of public accounting and private company financial reporting experience, or experience in financial reporting for an insurance company.
Able to work on-site 3x/week in La Jolla Office
An insurance background may help but is not required. Must be willing to learn our business in detail and constantly refine understanding as the business evolves.
Extremely solid understanding of accounting and financial reporting principles is a must. CPA or progress thereto is a plus.
Solid understanding of consolidation principles would be helpful.
Experience extracting data from an accounting system (we use Intacct) and quickly summarizing and analyzing this data would be a plus.
Experience with SEC reporting and/or SEC reporting tool would be a plus.
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.
If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!
Zoom in and out between strategic and tactical
Demonstrable track record of working autonomously and driving progress
Be intellectually curious, think creatively, and pragmatic
Be hands on with their team and roll up their sleeves
Lead with empathy and support personal and professional development
Empower people to continue to grow and see a bigger picture
What will you get in return?
Full Suite of Medical Benefits
Long Term Financial Incentives: All team members receive company equity.
401k with 3.5% automatic fully vested Employer Contribution
Competitive PTO + Holiday Program
Lifestyle Spending Account
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 yield 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.
Accommodations:
Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability (both visible and invisible) 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
Pay Range: $87,500-132,500
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.
CCPA Job Applicant:
#PalomarPride #Insurancejobs #hiring